Politicians actually thought they could keep piling on debt "so long as the economy outgrew that debt"

>politicians actually thought they could keep piling on debt "so long as the economy outgrew that debt"
>citizens actually believed it

Now we are not growing, and the debt is crushing us. Enjoy hyperinflation and rape gangs.

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They knew what would happen. It’s an intentional collapse.

This. Its the New Normal don't cha know

And they always come back worse after those artifical crisis, knowing normies will masturbate them.

If you've spent enough time around these people, you know that they write 20,000-word cope essays to try to justify their monetary policy. They are some of the most retarded smart people I've ever seen in my life.

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They wanted the growth at the time, the money was never intented to be paid back because it is literally impossible to do so.
It is designed for more debt to exist than currency in circulation.
It's like a battery, it goes till it dies and then we switch out to a fresh one.

History is cyclical. Its not any more complicated than that

Most normies don't understand anything about money other than you work for it and you buy thing.
Those ancient bankers are good at pretending they know what they're doing to people who don't understand anything, hence they remain doing what they're doing and that's why we're where we are today.
It should have all come crumbling down in 2008 but no one wants to be at the helm when it does because it could mean dangling from a lamp post.
😱

This. There is literally no way in hell that most western nations will be able to pay back any of their debts. They will probably try to orchestrate a global crisis that is monumental enough to allow for a complete reshuffling of the global order and somehow get rid of most debt (especially the debt owed to foreign credit holders). I have my bets on WWIII.

Atheism leads to dogmatic personality types seeking a new outlet for their attitudes. In this case, they turn socio-economic theories into the object of their dogma. Religion served as a form of containment, keeping all of these dogmatic personality types from corrupting economics, science etc in this manner. In a religious society, the only people who become economists, scientists etc are those who do so for pragmatic purposes, since the religion occupies all the people looking for an outlet for their dogmatic attitudes.