High debt to GDP countries need to generate high tax revenue to keep bond yields low. If there are no future tax payers being born, only new immigrants or corporate tax payers can pay those future taxes to lower bond yields.Being pro-this or anti-that pretends it is a choice. The choices to be made are nothing to do with immigration. The choices were made long ago when issuing government debt to create a welfare state with no babies or future corporate tax payers.
>Japan>China>S. Korea>Any non-white wealthy nation with high debt to GDP...Thesis refuted. It is a choice.
>>540639189Not refuted. They are choosing currency devaluation, economic crises, government insolvency etc.BTW China is lowering their debt to GDP. South Korea is low debt to GDP. SK still have this problem of no future tax payers.
>>540637087Behold future usa choice: i repudiate the debt
>>540637087In Europe immigrants don’t pay tax for example, but somehow things work
>>540637087I would hazard /pol/ has PRETTY much figured this out but you have indeed made a very clear summation it's nice.It's accurate.What does sometimes irritate the fuck out of my autistic brain is that what you jotted down here is so boringly predictable... I sometimes wonder if there's a redemptive society "ON THE OTHER SIDE" ... of what I'm not sure but like I mean seeing the current hellscape as a transition to something new/novel and not faggot ridden. What form I dunno... Like a rejection of AI and dark triad dominance of society. Normies are fucking anyways. It's only autists versus dark triad that have ever had any influence on the rest of the fucking zogbots anyways. I'm rambling...but your picture is depressing in that the end result is well. Nothing new
>>540637087There's a long history of sovereign states engaging in partial or even total defaults. If a government is running surpluses (sans debt repayments of course) it's not even a particularly difficult decision for heavily indebted states.Those bond yields are compensation for risk, that's the risk, and if I were lending I wouldn't be doing it at such low interest rates but it's not my money getting risked
Bunch of jewishness
>>540637087The only option is to inflate our way out and cap boomer pensions.
>>540637087Economics is the dumbest most monkeypox-ridden bullshit mankind has ever created. AIDS is less vile.>NOOOO WE HAVE TO SACRIFICE THE ENTIRE SPECIES TO THE DEVIL FOR NUMBERS ON A COMPUTER SCREEN!!!!
>>540641698They will do this in slow motion through devaluation, so they can still keep exporting USD to import stuff.Since only they can mint the USD it gives them an exorbitant privilege.
>>540641935Somehow yeah. Somebody is paying absurd taxes thats how.
>>540644522How do you propose to keep things fair without money? Human beings need fairness. We hate free riders. If money is managed correctly free riding reduces.
>>540642261Good luck anyone trusting the government with their pensions after that.
>>540642056Slow motion defaults through immovable asset taxation, and currency devaluation are more common.
