All I know about economics is how to balance my checkbook. But apparently us little people are the only ones who have to balance their checkbooks. Therefore I’m convinced the governments will just keep printing money. It’s been working for decades so why not keep it up? I assume it’ll fall apart one day but apparently these policians are convinced it won’t be on their watch.
You are WAY ahead of our enlightened economic wizards of smart.
Economic reality applies to all budgets from our checkbooks to the national checkbook.
These idiots have wandered off into economic lala land where bills don’t have to be paid and money grows on trees, or they just steal more of it from us.
When your outflow exceeds your income, your upkeep becomes your downfall.
And that very reality is happening now in Europe, but our wizards just can’t see it.
I thing that there are actually some who do see but want the collapse to come anyway.
“Never let a crisis go to waste...”