OR it could get back 0.99 trillion from say china by selling bonds. (china has lots of usd b/c it’s giving the US lots of stuff in exchange for lots of usd)
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if you are borrowing from the creditor in order to pay back the creditor then ur very close to enslaving yourself. the tipping point is when the amount you can borrow no longer can meet your interest payments.
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as long as borrowed funds exceeds interest you have some excess flow slack. you can do something with it to increase its value and pay pack principal. it’s like working from a hospital bed to heal from the stress of the metabolism burst.
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once the cost of the medicine exceeds your income though. then you’re the hospital’s bitch. you need the hospital/creditor to survive because the market has judged and determined that it costs more to keep u breathing than u are worth to the System
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in less civilized times you’d end up a slave. doing anything to live b/c the alternative was death and you valued life more than death. (live free or DIE is a difficult philosophy to put into practice)
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in modern times you declare bankruptcy. no hospital/creditor will every try to save you again because you have no credit. you have to start from scratch and earn every breath you take. no parental figure remains to save you.
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this die-on-the-street-homelessness is the alternative to slavery that ppl forget. most people don’t end up in this state b/c they can leech off parents/friends/relatives as a final plee but those who can’t end up on the street
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the moral of the story is: don’t blood dope for something as stupid as a “gold” medal.pic.twitter.com/pwm53rc77G
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End of conversation
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