this post was submitted on 16 Jan 2025
838 points (96.8% liked)
Late Stage Capitalism
558 readers
731 users here now
A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.
A zero-tolerance policy for bigotry of any kind. Failure to respect this will result in a ban.
RULES:
1 Understand the left starts at anti-capitalism.
2 No Trolling
3 No capitalist apologia, anti-socialism, or liberalism, liberalism is in direct conflict with the left. Support for capitalism or for the parties or ideologies that uphold it are not welcome or tolerated.
4 No imperialism, conservatism, reactionism or Zionism, lessor evil rhetoric. Dismissing 3rd party votes or 'wasted votes on 3rd party' is lessor evil rhetoric.
5 No bigotry, no racism, sexism, antisemitism, homophobia, transphobia, ableism, or any type of prejudice.
6 Be civil in comments and no accusations of being a bot, 'paid by Putin,' Tankie, etc.
founded 4 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Oh sure, but we do that with every President. Trump's a Putin Puppet. The Clintons Shill for China. Biden bent backwards for Israel. They're all deeply in the bag for the Saudis.
That's before you get to Musk or Gates or Bob Iger or David Solomon absolutely leading our national leadership around by the nose
They've been watching since Nixon. But they still keep cashing our checks, so they can't be that upset.
Guys like Starmer and Truduea and Shultz were lining up to kiss the ring as soon as the election results came in.
It's the other way around. The US national debt is more than it's GDP. Where do you think they borrow that money from. We just don't want the US as an enemy because we want our money back. And so far the US has been the only country fucked up enough to drop not just one, but 2 nukes, not to wipe out military targets but 2 entire cities.
The large majority (73.1%) of US debt is owned domestically. US foreign debt is well, well below GDP: https://usafacts.org/articles/which-countries-own-the-most-us-debt/
26.9% still is a lot of money.
I didn’t know the fact above. Assumed more. But for a familiar scale that’s like a $13,000 auto loan of an average income household.
That means the big scary national debt could be paid off fairly quickly with only a marginally higher tax burden to the biggest corporations. We may need to do that if, for example, a bunch of political grifters wreck our credit.
NOOOO! NO NO NO NO NO! Only tax the poor. How dare you speak those words.
As if the US will ever pay off its debt. They only want more money. "What are you gonna do about it?"
We call that “for funsies” in the States. You ever hear of the Amchitka Island Nuclear Tests? Those seals had it coming!! /s