Scandinavia and the World
 

Comments #9605552:


Zervo

0
Living Hell 6 3, 2:07am

@ThorsomeTarmukas
"That was not my position. It is the dominant politics of our time."

No it's not.

"One can't have one without another." (Debt and budget deficit)

Of course you can have debt without budget deficit. Typically, neither banks, nations or financial investors like to loan money to people, entities and nations that can't pay that money back. And typically, when you make a budget you factor in costs for loans.

"You do understand that eternal growth is unsustainable? "

This is however how it works in our time. And saying that eternal growth is unsustainable is shallow and does only apply to the status quo of today's type and rate of growth.







America wearing England's shirt