The Never Ending Story... - page 2. | Bitcointalksearch.org

Ranly123

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Quote from: cabalism13 on January 06, 2019, 02:13:33 PM

Where did DEBT started? Why did it exist?

Thinking about of the impossible is that, even if you stay in the planet for about a thousand year, the Debt of every country will never be payed off. Hence, it will just continue to grow. The current economy of every country doesn't knows that well. And by just a simple thinking, We should have a restart on everything.

Click The Image For The Real Time Debt

Imagine this, you're just sleeping on your bed all day but you're debt on the government is not sleeping instead it keeps on rising every second. Such an unfair situation in life of every single person.

It's the nature of how the government run the country. No matter how big the debt our country has, as long as it is used for the betterment of the economy then we should be happy about it.

Yamifoud

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Debts are started in small amount but grows gradually as other person take over control. This could be the result when we spend more or exceed the limit without even thinking how much we received in a month, in a year.
Debts will soon to be forever if the government authorities won't stop spending to much. The best solution into this is to set a plan that could match the possible amount they collected from the community.

pixie85

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And what when the country is unable to pay its debt? Nothing. When you have a debt all they can do is come and seize your assets like a car. They can't make you a slave and force you to work in a camp. When a country is in debt it can start selling land or simply say that it won't pay and not much will happen. If a debt has been rising for 50 years or more it should come under prescription.

eminemcookie

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Quote from: cabalism13 on January 06, 2019, 02:13:33 PM

The current economy of every country doesn't knows that well.

Of course they know, they're not idiots. They simply choose that path instead of an alternative one. The global economy prospers much more from this system for as long as it is able to function. Until there comes a time when some entity demands these debts be paid then why wouldn't they do it? It's like saying you shouldn't take out more credit card loans if you know your bank would never actually make you pay it off.

BitHodler

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Quote from: cabalism13 on January 06, 2019, 02:13:33 PM

Thinking about of the impossible is that, even if you stay in the planet for about a thousand year, the Debt of every country will never be payed off. Hence, it will just continue to grow. The current economy of every country doesn't knows that well. And by just a simple thinking, We should have a restart on everything.

Governments are perfectly aware of how their massive debts won't ever be paid off, they only pretend that they have little clue where they promise the sheeps that everything will be paid off within x number of years.

It's a system that has been doing the same thing over and over again, and that for decades. If people still wait for improvements and changes they are delusional. The only proper way to deal with this is to hedge it.

Most people do that with gold, and now with Bitcoin we have another--more convenient alternative. No need for paper certificates anymore stating that you "own" a certain amount of gold, with Bitcoin you hold the asset itself.

cabalism13

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Where did DEBT started? Why did it exist?

Thinking about of the impossible is that, even if you stay in the planet for about a thousand year, the Debt of every country will never be payed off. Hence, it will just continue to grow. The current economy of every country doesn't knows that well. And by just a simple thinking, We should have a restart on everything.

Click The Image For The Real Time Debt

Imagine this, you're just sleeping on your bed all day but you're debt on the government is not sleeping instead it keeps on rising every second. Such an unfair situation in life of every single person.

Topic: The Never Ending Story... - page 2. (Read 418 times)