1 post • Page 1 of 1
Western governments for the most part are bankrupt. US national debt just hit $19 trillion, more than double what it were when the global financial crisis exploded in 2008. A debt that doubles every decade is unsustainable. Where did this madness start? In the 1960’s, really.
I recall as a lad having a discussion with aschoolteacher. I could not have been more than 8 years old. I could not understand why the government needed to borrow money. When would they pay it back? I was told that they would never pay it back but it didn’t matter. Before they paid ... (read more)