The New Chk Chk Boom Girl (Audio Only)
Added 2025-06-11 00:13:38 +0000 UTCComments
Pretty sure tip is also getting taxed over there....they are really making people feel like there is nothing to lose.
Dob WoLF
2025-06-15 07:58:03 +0000 UTCThe reason for large US debt is due to its global currency status. Like the notion of "money made bartering obsolete", debt allows US currency to be distributed globally to settle transactions. While Aus govt debt might not be "bad", Australian households are top 5 (no 2 since i last checked) most indebted in the world due to housing. This is what should actually matter when "balancing the budget" as govts can feasibly absorb an amount of debt longterm and not collapse, yet it's spells doom for a family. What Ali mentioned last week regarding US debt and military spending rings true as it looks like US is entering a downward spiral trying to maintain its image. For a historic view on debt, I recommend work by David Graeber or Micheal Hudson.
Bryan
2025-06-14 10:57:41 +0000 UTC
