• 4 Posts
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Joined 3 years ago
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Cake day: July 1st, 2023

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  • The debt itself means nothing. The only thing that matters are the interest. So sure, a debt increasing much faster than the economy is an issue. But there is no point in throwing around big numbers. The US GDP was $31.8 trillions in 2025.

    The debt will grow. It is intended to grow, that’s by design. You should have a small deficit every year. That’s why the rest of the economy should follow, so that the interest are not becoming overwhelming. The current issue is the US budget (but that’s not the only one, see France for example) is heavily imbalanced because of very large tax cuts to the ultra-wealthy and corporates. With that, you have the description of the issue as well as the obvious solution.






  • Well, I wish you could just say that, but “the French” is not a consistent body of people.

    While we have this team working on a sovereign suite, Macron is rushing a law to ban <15 years old on social network, so… they will soon require all users to provide an ID. It will have to go through a “trusted third-party”, not directly to Meta/Twitter/etc., and not to the gov directly, but we all know how much corporates and governments have been trustworthy historically. And once the data is collected, you’re just one law away from all abuse.

    Needless to say that the teen will rush to VPN, so they also mentioned a potential ban on VPNs! (France would then join the short-list of great democratic VPN-banning countries: North Korea, China, Iran…)