Economy The global economy is a pyramid scheme | End of the Road (full documentary)

[Your Account]

It seems that the inflation , cost of living, and debt, are growing each day more and more.
But , until when ?
It really looks like the costs of living will become unbearable for the vast majority of people worldwide anytime soon.
What are your thoughts ?

 

[Belaya Smert]

For the US

Stop redundant taxation.
End social security tax
Property tax is considered paid in full at the end of the note.
Stop ballooning the federal debt with subsidizing anything outside of the country outside of natural disasters assistance.
Stop funding endless wars at the countries detriment.

 

[PainIsLIfe]

For the US

Stop redundant taxation.
End social security tax
Property tax is considered paid in full at the end of the note.
Stop ballooning the federal debt with subsidizing anything outside of the country outside of natural disasters assistance.
Stop funding endless wars at the countries detriment.

How do local governments and schools get funded?

 

[Bornstarch]

How do local governments and schools get funded?

Sales tax and other taxes

 

[SammyPops]

If Americans only knew how high the cost of living was in Canada or EU .....

 

[Satsui Ryu]

For the US

Stop redundant taxation.
End social security tax
Property tax is considered paid in full at the end of the note.
Stop ballooning the federal debt with subsidizing anything outside of the country outside of natural disasters assistance.
Stop funding endless wars at the countries detriment.

I always find it funny when people think they can fix incredibly complex issues in 100 words or less with canned responses.

 

[Gas121]

Of course it is one big steaming ponzi. All we care about is 'growth' at the expense of everything else. We have it all backwards.

It would take something extraordinary to change our way of thinking but it's not going to happen. The system is cooked and it's not going to change so just accept it for what it is.

 

[Romulas]

If Americans only knew how high the cost of living was in Canada or EU .....

We do. That's why you have almost 0 social mobility and we fight against the socialist policies that are generally accepted by your countries.

 

[Romulas]

It seems that the inflation , cost of living, and debt, are growing each day more and more.
But , until when ?
It really looks like the costs of living will become unbearable for the vast majority of people worldwide anytime soon.
What are your thoughts ?

I realized this while studying economics in my 20s. Inflation, continual GDP,
Growth, flexible fiat currency and a continually expanding population base driven by immigration are all equally necessary drivers of sucessful modern economies.

 

[Cole train]

Low birth rates will bring everything down in time and maybe then something new will be created?

Time will tell

 

[plataoplombo]

Low birth rates will bring everything down in time and maybe then something new will be created?

Time will tell

Interesting. That made me wonder what would happen to a aging country that can't bring up their birth rate or won't import people. Probably everything will fall apart slowly and the population will consolidate to a few cities.

 

[Cole train]

Interesting. That made me wonder what would happen to a aging country that can't bring up their birth rate or won't import people. Probably everything will fall apart slowly and the population will consolidate to a few cities.

Well south korea has lowest in the world at like 0.65 i think and they will start to feel it in next 30 years

I read that currently its very hard to get a family doctor because no one choses it as specialty from doctors since there are no kids, plus some schools have no first graders

Interesting times ahead, this has not happened before in history (mass death events have but not low birth rates)

 

[tastaylvr]

Well south korea has lowest in the world at like 0.65 i think and they will start to feel it in next 30 years

I read that currently its very hard to get a family doctor because no one choses it as specialty from doctors since there are no kids, plus some schools have no first graders

Interesting times ahead, this has not happened before in history (mass death events have but not low birth rates)

I wouldn’t want kids if I was South Korean either

Terrible country to live in so it’s not surprising their adult population don’t want their kids to go through what they did

 

[Cole train]

I wouldn’t want kids if I was South Korean either

Terrible country to live in so it’s not surprising their adult population don’t want their kids to go through what they did

Yea their work culture is inhumane

 

[PBAC]

The masks that they gave out during the pandemic and still give out for free are sold in shops now for 16 euros. They cater to the majority of people who lack consumer savyness and just purchase things no matter the cost which makes everything go up.