Why do 95% of countries worldwide run on chronic budget deficits? Is this suppoded to be healthy? Do actual educated adults not understand that you can't spend more than you earn?
>>62596004The model has made people spectacularly wealthy compared to previous generations that avoided debt.You can't compete with that. If you stay within the budget everything you own will be bought by people that create fake money and buy things with it
>>62596004GDP growth rate 2025>Norway1.1%>Yookay1.3%
>>62596010People became relatively spectacularly wealthy IN SPITE OF this interventionist retardation.However, that retardation is now catching up, hard.Enjoy late stage statism, retards.
>>62596004>Greeks are the most fiscally responsible nation in the EU
>>62596130Nobody will loan them moneyThis is also why the rest of the EU has to constantly bail them out. Countries that can't borrow money starve to death
>>62596004The generally held meta-strat is that if you outgrow your deficit and do it successfully, then it makes your country financially stronger than other fiscal strategies.Problem with that is so much of “growth” and “productivity” has become adult daycare kayfabe that this strat isn’t really as reliable anymore and has more side effects than benefits.
>>62596004Running a deficit is the optimal budget for a government. The government is the biggest economical actor in the economy and the economy gets way more benefit from a government that runs a deficit over one that hoards the wealth of the nation. Governments didn't just turn retarded and fiscally irresponsible for no reason, its deliberate economic theory.
