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Author Topic: The only thing goes up is debts! It’s inevitable!  (Read 403 times)
Broly46 (OP)
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October 14, 2020, 10:08:36 AM
 #61

Market always crash, 2008 is happening, the next crash will be debt market crash? Because debt growing too huge, yeah market can’t crash because it’s different this time(tm), everything is fine debt is fine go back to work, forget what is satoshi white paper and 2008, it’s baseless.

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October 14, 2020, 10:37:29 AM
 #62

price of the primary needs of human do also grow up all the time  . the only one that does not go up is the people that have dwarfs syndrome [ as heard on the song ;') ]   .

 i have debts too but my debts dont grow because i payed them on the promised date but after sometime i have another debt again . its inevitable indeed because we are only poor and we need to seek for other financial so that we can extend our selves living till the next paycheck again  ;'(  .
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October 14, 2020, 11:53:05 AM
 #63

I don't know about that. For me history seems to always repeat it's self. For example, look at Venezuela or Turkey they are fighting with insanely high inflation numbers. Nothing new, in the past many countries faced similar problems. Or for example grand monther, she saw 5 different currencies in her lifetime. Things might look a bit more stable these days but it's no guarantee that history will repeat itself. In current times we are seeing a crisis roughly every 10 years since World War 1. The common response after such a crisis was to go into debt and try 5o stabilize the economy. So far no country has fully repaid their debt. Its a cycle of increasing debt.
Economic reset happens to many nations but it doesn't happen to big nations all that much. Look at UK for example, they have been using the same money for god knows how long, or look at USA, those guys probably started using dollars right away and since have been using that.

So, I would say countries like Turkey and Venezuela happens but that is not the general expectation in all nations, that is just what happens in those type of nations, there are few more like that which didn't have that type of response just yet but will surely in at most a decade but that doesn't represent the whole world. So, what I am assuming is the fact that big nations are going to go up in debt but will be able to live with it while small nations will get more debt and have an economic reset.

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October 14, 2020, 01:27:48 PM
 #64

Since the pandemic started the total amount of debt increased especially the third world countries.
This is where the economic structure of any country is exposed because no matter how much pope talk any government does but during these times the real face and the real economic situation gets exposed.

It is normal for countries to have debt, even when you have a business, you will have to have a debt a debt at some point to be able to survive or recover.
Having debts in any business is considered to be termite because it will slowly kill your business as what you will earn a big part of it goes towards the interest rates and you are earning for them. Large scale industries take loans that is understandable because they are making much higher revenue than the interest they pay but if we as new startups start taking loans, that has to be the worst thing ever.

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October 15, 2020, 08:01:50 PM
 #65

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A debt based economy cannot survive if it doesn't keep growing, most economies are debt based,
If we account for inflation we dont have growth for some time, the debt is growing and being repaid by larger amounts of debt.   I'd argue the majority of the economy has to be not debt but capital and hence the capital is lent out as debt but the worth is with the savings.    With so much debt currently there is a danger it cannot be repaid under any circumstances, the present situation requires that future units of the debt or currency are lesser value so making the debt easy to service.    Both 2008 and currently the primary reason for one way movement in interest rates and this debt worth is government dictated market prices, this is outside capitalism and its hard to see how it ends well.     Its worth repeating the debt owed is not serviceable at any normal interest rate.

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October 16, 2020, 06:56:42 AM
 #66

Debt goes up
Misogynist skyrocket due to lock down, (prove me wrong otherwise)
Stock market goes up (according to trump it’s going up everything is good for himself only)
Fenimazi definitely on the upward trajectory
Incel also shooting up thru the roof???
What’s even good compare to 2008??? No lock down in 2008.

So you find a correlation between increasing debts and misogynists,incels and feminazis?Interesting...
This topic should be a subject of a really complex study conducted by sociologists,economists and psychic doctors.I can't find a correlation between the things you mentioned.
The only correlation is that increasing debt really pumps the stock prices(which is market distortion,rather than actual growth).This debt builds price bubbles,which will eventually burst some day.

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October 16, 2020, 08:59:29 AM
 #67

Debt goes up
Misogynist skyrocket due to lock down, (prove me wrong otherwise)
Stock market goes up (according to trump it’s going up everything is good for himself only)
Fenimazi definitely on the upward trajectory
Incel also shooting up thru the roof???
What’s even good compare to 2008??? No lock down in 2008.

So you find a correlation between increasing debts and misogynists,incels and feminazis?Interesting...
This topic should be a subject of a really complex study conducted by sociologists,economists and psychic doctors.I can't find a correlation between the things you mentioned.
The only correlation is that increasing debt really pumps the stock prices(which is market distortion,rather than actual growth).This debt builds price bubbles,which will eventually burst some day.

Nope, we can only watching debt soaring high, when personal debt get to a certain threshold, we watch riot coming, yup debt turn people into violent, the first thing a family argue about something it has to be money, watch your dad and mum fighting everyday over money problem, eventually it’s your wife and you fighting over money problem, eventually it’s your government and you fighting over money problem, eventually it’s the United State and China fighting over money problem, debt is the root cause of everything else that soaring high.

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October 16, 2020, 04:19:05 PM
 #68

It is true that almost all countries have experienced an increase in the amount of debt due to the unstoppable spread of the corona virus.
And the state must go into debt to save the economy, so it is true that increasing debt cannot be avoided. Without being indebted, the state
cannot provide assistance to its people who have lost their jobs, a big disaster that happened in 2020, indeed destroying the world economy.
Hopefully this COVID19 pandemic will end soon, so the national debt will not continue to increase.
Many countries are not really focusing on how big their debt it because people is more valuable than the country's economy, leaders are willing to accept that their country needs to be in debt in order to save its people and yes it is gonna be hard in the long run because the government will need to increase tax or anything in order to slowly pay their debt once this pandemic ends
Most nations do not care about the debt they are making and the printed money causing inflation, only because the other nations are doing it as well, that is the real reason. Not because they "have to" because they really do have to print money and make a debt and that is a reality but that is not the "reason" for it.

If it would cost the country a lot of money and would destroy everyone's financials, that would result with death as well, you probably are aware about the fact that if a nation becomes so poor that they can't even pay for food, eventually people die which would be even scarier than coronavirus, look at Venezuela for example. So, the reason why they were capable of printing money and making debt was the simple fact that all of the world was doing it, so they didn't got worse alone.

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October 17, 2020, 04:02:25 PM
 #69

Debt goes up
Misogynist skyrocket due to lock down, (prove me wrong otherwise)
Stock market goes up (according to trump it’s going up everything is good for himself only)
Fenimazi definitely on the upward trajectory
Incel also shooting up thru the roof???
What’s even good compare to 2008??? No lock down in 2008.

So you find a correlation between increasing debts and misogynists,incels and feminazis?Interesting...
This topic should be a subject of a really complex study conducted by sociologists,economists and psychic doctors.I can't find a correlation between the things you mentioned.
The only correlation is that increasing debt really pumps the stock prices(which is market distortion,rather than actual growth).This debt builds price bubbles,which will eventually burst some day.

Nope, we can only watching debt soaring high, when personal debt get to a certain threshold, we watch riot coming, yup debt turn people into violent, the first thing a family argue about something it has to be money, watch your dad and mum fighting everyday over money problem, eventually it’s your wife and you fighting over money problem, eventually it’s your government and you fighting over money problem, eventually it’s the United State and China fighting over money problem, debt is the root cause of everything else that soaring high.
There is absolutely a connection but it doesn't have to be that radical. Usually all those points you talked about are political in nature, incels may not be but you can't even pinpoint where incels start (not talking about obvious ones, just at the verge ones) but feminazis and misogynists are a political problem, obviously there are non-political ones that exists out there but the ones who are political do try to change the world to their own version if given enough power, which you like or hate depending on what you think about those issues (not talking about you personally, just each person).

However debt should be making people mad and upset, not radical politicized people, just because you have a ton of debt doesn't mean you should try to change the world.
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October 18, 2020, 11:18:57 PM
 #70

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There is absolutely a connection but it doesn't have to be that radical.
I think I’d take it as a complimentary.

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Usually all those points you talked about are political in nature, incels may not be but you can't even pinpoint where incels start (not talking about obvious ones, just at the verge ones) but feminazis and misogynists are a political problem, obviously there are non-political ones that exists out there but the ones who are political do try to change the world to their own version if given enough power, which you like or hate depending on what you think about those issues (not talking about you personally, just each person).

I’m very sure it has nothing to do with political, feminazi and misogyny are just some human behaviour, there is absolutely nothing politic about some human behaviour, also nope we can’t mix scientific study with politics too, fictional and non fictional science, Idk who invent such a bizzare terms, as if there is real science and fake science, that’s the power of words, words is free, it’s powerful weapon, some use words to rules, some use word to scams, some use words to teach, but words aren’t regulated, anybody can use it to whatever they like. The reason human being are complex creatures that also make them untrustworthy, compared to a computer which can only count 1s and 0s, computer has more trustworthiness than human, blockchain has more trustworthiness is also all thank to how simple it work, it work on bunch of 1s and 0s too and some arithmetic.


[/quote]
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However debt should be making people mad and upset, not radical politicized people, just because you have a ton of debt doesn't mean you should try to change the world.
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Nah, people would do anything for money, stealing robbing hacking bombing nuking going to world wars and politics is big part talking about money, and small part of deceiving, politics news are typically confusing and difficult to understand, they’re bunch of highly intelligent people who wouldn’t want to contribute positively to the society, instead they waste their brain energy to create chaos, create confusing news, create unfair policy, denial on anything about their wrong doing, setting up rules, create virus hoax, the entire internet is fully contaminated with politics, it’s incomparable to when internet was still an infancy and most websites has some constructive discussions.

Self hating nerd that want to escape from reality into the cyberpunk.
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