Comment on Economist warns that Elon Musk is about to cause a "deep, deep recession"

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boonhet@lemm.ee ⁨1⁩ ⁨week⁩ ago

As a country, paying interest indefinitely is actually cheaper than paying the debt off, unless the interest suddenly goes sky high, which it generally does not. It’s usually less than inflation.

If you believe that firing hundreds of thousands of government employees in just one year and stopping a bunch of social programs is just a “fly that breaks the camels back”, I’ve got a bridge to sell you.

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