
LuckyLibra7
@LuckyLibra7
2 Years500+ Posts
Comments: 393 · Posts: 748 · Topics: 14






Posted by saggurl88
They always say this and you know what ends up happening?
The rich get richer and the poor get poorer and the middle class gap gets wider away from financial success.
That's what the economy collapse means for the U.S.

Posted by LuckyLibra7Posted by saggurl88
They always say this and you know what ends up happening?
The rich get richer and the poor get poorer and the middle class gap gets wider away from financial success.
That's what the economy collapse means for the U.S.
The debt ceiling is 31 trillion. How much higher can it go and who is going to pay it?click to expand




Posted by TXCowboy
Much like bacterial colonies on a Agar Petri plate, we're reaching critical threshold in competition for resources with other nations. Things are about to get mighty interesting. The resources to waste ratio is about parity.

Posted by __ixi__
Hmm I see more than a few issues here that make your argument a bit less of a foregone conclusion.
Housing: Sure, foreign companies owning empty homes is an issue, but it's not the only thing driving housing problems. Zoning laws, income inequality, and population growth play big roles too. The comparison to Rome's collapse? It doesn't quite stick without more detail.
Inflation: Yes, some companies made record profits recently, but inflation isn't a corporate scheme. It's a complex economic beast involving supply and demand, government policies, and global conditions. Also, the media isn't necessarily downplaying it, different outlets have different takes.
Military spending: Absolutely, the military budget could be more transparent and efficient. But connecting this to a societal collapse, like Rome's? That's a stretch. Rome's military issues were more about loyalty, empire size, and external threats.
Financial instability: Interest rate increases and a weaker dollar are serious concerns. But saying that alone predicts economic collapse is quite speculative.
Political climate: Politics are certainly heated, and societal division can cause instability. However, the U.S. has always had its fair share of political disputes without collapsing. And remember, Rome's political system was different.
Food quality: It might not be what it used to be, but linking food quality to societal collapse isn't so clear-cut, especially if we're trying to compare to Rome.
Over-taxation: Taxes might feel high, but it's key to ask—compared to what? And how does this relate to societal collapse?
The bottom line: while these are all real issues, saying they indicate an impending collapse like Rome's is a pretty big leap. We'd need a stronger logical chain to tie them together convincingly.

Posted by __ixi__
Hmm I see more than a few issues here that make your argument a bit less of a foregone conclusion.
Housing: Sure, foreign companies owning empty homes is an issue, but it's not the only thing driving housing problems. Zoning laws, income inequality, and population growth play big roles too. The comparison to Rome's collapse? It doesn't quite stick without more detail.
Inflation: Yes, some companies made record profits recently, but inflation isn't a corporate scheme. It's a complex economic beast involving supply and demand, government policies, and global conditions. Also, the media isn't necessarily downplaying it, different outlets have different takes.
Military spending: Absolutely, the military budget could be more transparent and efficient. But connecting this to a societal collapse, like Rome's? That's a stretch. Rome's military issues were more about loyalty, empire size, and external threats.
Financial instability: Interest rate increases and a weaker dollar are serious concerns. But saying that alone predicts economic collapse is quite speculative.
Political climate: Politics are certainly heated, and societal division can cause instability. However, the U.S. has always had its fair share of political disputes without collapsing. And remember, Rome's political system was different.
Food quality: It might not be what it used to be, but linking food quality to societal collapse isn't so clear-cut, especially if we're trying to compare to Rome.
Over-taxation: Taxes might feel high, but it's key to ask—compared to what? And how does this relate to societal collapse?
The bottom line: while these are all real issues, saying they indicate an impending collapse like Rome's is a pretty big leap. We'd need a stronger logical chain to tie them together convincingly.

Posted by __ixi__Posted by TXCowboy
Much like bacterial colonies on a Agar Petri plate, we're reaching critical threshold in competition for resources with other nations. Things are about to get mighty interesting. The resources to waste ratio is about parity.
A bit Malthusian, no? It is not a given that competition for resources will necessarily lead to a crisis when it comes to many species yet alone one as complex as humans. Also the idea that international politics is a zero-sum game is highly suspect for historical reasons.click to expand

Posted by saggurl88
They always say this and you know what ends up happening?
The rich get richer and the poor get poorer and the middle class gap gets wider away from financial success.
That's what the economy collapse means for the U.S.

Posted by saggurl88Posted by LuckyLibra7Posted by saggurl88
They always say this and you know what ends up happening?
The rich get richer and the poor get poorer and the middle class gap gets wider away from financial success.
That's what the economy collapse means for the U.S.
The debt ceiling is 31 trillion. How much higher can it go and who is going to pay it?
click to expand
The debt ceiling will continue to get higher. It never goes down. I'm not even sure why they keep track of it. It means nothing.
If there is a war in another country, we send 10-20 million dollars to help.
No one cares about a debt ceiling.
click to expand

Posted by LuckyLibra7Posted by saggurl88Posted by LuckyLibra7The debt ceiling will continue to get higher. It never goes down. I'm not even sure why they keep track of it. It means nothing.Posted by saggurl88The debt ceiling is 31 trillion. How much higher can it go and who is going to pay it?
They always say this and you know what ends up happening?
The rich get richer and the poor get poorer and the middle class gap gets wider away from financial success.
That's what the economy collapse means for the U.S.
click to expand
If there is a war in another country, we send 10-20 million dollars to help.
No one cares about a debt ceiling.
click to expand
AHT AHT.. If the debt-to-GDP ratio becomes too large, investors like foreign governments (China), would be unwilling to hold government bonds. This risk rises as the interest costs on the bonds become a larger percentage of GDP.
America's GDP has been decreasing over the past few years. They would have to reduce spending or increase taxes to get out of this jam.
Which we're now full circle with Rome. Over-taxation, too much spending and the income doesn't match.click to expand

Posted by black773Posted by LuckyLibra7Posted by saggurl88Posted by LuckyLibra7The debt ceiling will continue to get higher. It never goes down. I'm not even sure why they keep track of it. It means nothing.Posted by saggurl88The debt ceiling is 31 trillion. How much higher can it go and who is going to pay it?
They always say this and you know what ends up happening?
The rich get richer and the poor get poorer and the middle class gap gets wider away from financial success.
That's what the economy collapse means for the U.S.
click to expand
If there is a war in another country, we send 10-20 million dollars to help.
No one cares about a debt ceiling.
click to expand
AHT AHT.. If the debt-to-GDP ratio becomes too large, investors like foreign governments (China), would be unwilling to hold government bonds. This risk rises as the interest costs on the bonds become a larger percentage of GDP.
America's GDP has been decreasing over the past few years. They would have to reduce spending or increase taxes to get out of this jam.
Which we're now full circle with Rome. Over-taxation, too much spending and the income doesn't match.
GDP has not decreased over the past few years, source Federal Reserve.
https://fred.stlouisfed.org/series/GDPclick to expand


Posted by sum_randoPosted by LuckyLibra7Posted by saggurl88
They always say this and you know what ends up happening?
The rich get richer and the poor get poorer and the middle class gap gets wider away from financial success.
That's what the economy collapse means for the U.S.
The debt ceiling is 31 trillion. How much higher can it go and who is going to pay it?
This is a right wing talking point.
Do you ever notice Republicans scream about the debt when a Democrat is in office, but when a Republican is in office, and they blow up the debt (Bush, Trump) nobody says shit?
Also, it's a misconception to think of the national debt the way people think about personal debt. The US prints it's own money. Although defaulting on the debt is not ideal, nobody is going to be knocking on the US government's door threatening to garnish the government's wages or repo their car. .
All that said, obviously, we should find ways on reducing the debt.click to expand

Posted by nanochip
I agree generally with all of this. But a lot of the things you stated are also happening in other countries and have been for awhile too. I think it’s going to boil down to who has the best infrastructure in place to handle all this bullshit for the longest amount of time?
And I don’t care if it sounds ageist or whatever, but blame the fuckin boomers. Period. Look at what is happening around you. They destroyed this country. I only hope that millennials and Gen z can make this better this one day. Can it be fixed, probably not. Idk about Gen X tbh. Kinda feels like a generation of compliant mini boomers.
Imagine them trying to force birth rates among all of this too?? They don’t care about the state of the world, just have babies and figure it out. They took away abortion. And now they are slowly limiting our (women’s) access to birth control. Fuck these boomers, there’s a big BIG reason to be angry right now.

Posted by black773
Americans can stand to take some blame in the rising cost of living. Transplants will relocate to a metro and immediately choose to live in a suburb vs the actual city (engine). Suburban sprawl are costly, increasing commutes, traffic and infrastructure costs. Urban sprawl costs. Disjointed metros are all over the United States. People rather own a vehicle than vote for efficient public transportation. Austin is nearing 1 million and has no rail system.
Low density costs! Americans would rather get inside their vehicles, belly in tow, than live in a walkable area and/or vote for increasing urban density (NIMBYism). So these complaints all seem surface level to me.


Posted by black773
Americans can stand to take some blame in the rising cost of living. Transplants will relocate to a metro and immediately choose to live in a suburb vs the actual city (engine). Suburban sprawl are costly, increasing commutes, traffic and infrastructure costs. Urban sprawl costs. Disjointed metros are all over the United States. People rather own a vehicle than vote for efficient public transportation. Austin is nearing 1 million and has no rail system.
Low density costs! Americans would rather get inside their vehicles, belly in tow, than live in a walkable area and/or vote for increasing urban density (NIMBYism). So these complaints all seem surface level to me.

Posted by LuckyLibra7Posted by saggurl88Posted by LuckyLibra7Posted by saggurl88
They always say this and you know what ends up happening?
The rich get richer and the poor get poorer and the middle class gap gets wider away from financial success.
That's what the economy collapse means for the U.S.
The debt ceiling is 31 trillion. How much higher can it go and who is going to pay it?
click to expand
The debt ceiling will continue to get higher. It never goes down. I'm not even sure why they keep track of it. It means nothing.
If there is a war in another country, we send 10-20 million dollars to help.
No one cares about a debt ceiling.
AHT AHT.. If the debt-to-GDP ratio becomes too large, investors like foreign governments (China), would be unwilling to hold government bonds. This risk rises as the interest costs on the bonds become a larger percentage of GDP.
America's GDP has been decreasing over the past few years. They would have to reduce spending or increase taxes to get out of this jam.
Which we're now full circle with Rome. Over-taxation, too much spending and the income doesn't match.
Remember, China downgraded us in May for credit rating. The US has a 600 credit score right now.click to expand

Posted by DMVPosted by saggurl88
They always say this and you know what ends up happening?
The rich get richer and the poor get poorer and the middle class gap gets wider away from financial success.
That's what the economy collapse means for the U.S.
For the life of me, idk how rich people have fundraisers.
Oprah, a billionaire, asking poor people for money is comedy.
Mika Kunis and Ashton Kutcher a king for Ukraine donations make me really question my sanityclick to expand


Posted by LuckyLibra7
As stated in the title, we're pretty much close to a complete collapse. The US looks exactly like ancient Rome during their crisis.
Home-ownership/Apartments - Pretty self explainatory. No need to beat a dead horse, everyone knows housing is ridiculous in all aspects. Foreign Companies own tons of homes now and they're just vacant.
Inflation - Wasn't real to begin with, companies arbitrarily increased prices while cutting work billets and saving money. Tons of companies had record profits over the past two years. The media downplayed the entire thing and sought to convince you it's only a 7% or 8% increase. Wages are still well under what they should be and jobs are laying people off. There was a big Tech layoff recently along with ESPN and CNN slashing members.
Radical Military Spending- The Pentagon constantly fails their audits and the spending for the military is out of control. They aren't keeping track of anything and the Air Force recently blew their entire Personnel budget within 6 months. Tons of programs were recently halted and moving members has come to a complete stop amidst the Tuberville abortion crisis (blocking military from moving funds). Throw in spending for Ukraine also.
Financial Instability - The Fed Reserve wants to keep increasing the interest rates which prevents people from spending more money in the economy. The Dollar keeps sinking and isn't backed by anything. Foreign nations are starting to switch their reserve currency over.
Hostile Political Climate - Politics have gotten really heated over the past several years and we're at a point where you must choose between two 80 year old men who are both incompetent. Everyone has become so angry and demand you choose a side. The Supreme Court has made some huge changes recently with Affirmative Action and Abortion. Should I mention Jan 6th??
Food Quality - It's become complete shit after COVID and the USDA recently approved "lab-grown" chicken for consumption. I'm in Florida and the damn Oranges are imported from Brazil that cost $ 10 a bag.
Over-taxation - We pay a crap ton of taxes and there is nothing to show for it. Roads are shitty and education is awful.
1. Sales Tax
2. Municipal/County Tax
3. Property Tax
4. Fuel Tax
5. Income Tax
6. Payroll Tax
7. Tolls
Did I miss anything?

Posted by LostthoughtsPosted by LuckyLibra7
As stated in the title, we're pretty much close to a complete collapse. The US looks exactly like ancient Rome during their crisis.
Home-ownership/Apartments - Pretty self explainatory. No need to beat a dead horse, everyone knows housing is ridiculous in all aspects. Foreign Companies own tons of homes now and they're just vacant.
Inflation - Wasn't real to begin with, companies arbitrarily increased prices while cutting work billets and saving money. Tons of companies had record profits over the past two years. The media downplayed the entire thing and sought to convince you it's only a 7% or 8% increase. Wages are still well under what they should be and jobs are laying people off. There was a big Tech layoff recently along with ESPN and CNN slashing members.
Radical Military Spending- The Pentagon constantly fails their audits and the spending for the military is out of control. They aren't keeping track of anything and the Air Force recently blew their entire Personnel budget within 6 months. Tons of programs were recently halted and moving members has come to a complete stop amidst the Tuberville abortion crisis (blocking military from moving funds). Throw in spending for Ukraine also.
Financial Instability - The Fed Reserve wants to keep increasing the interest rates which prevents people from spending more money in the economy. The Dollar keeps sinking and isn't backed by anything. Foreign nations are starting to switch their reserve currency over.
Hostile Political Climate - Politics have gotten really heated over the past several years and we're at a point where you must choose between two 80 year old men who are both incompetent. Everyone has become so angry and demand you choose a side. The Supreme Court has made some huge changes recently with Affirmative Action and Abortion. Should I mention Jan 6th??
Food Quality - It's become complete shit after COVID and the USDA recently approved "lab-grown" chicken for consumption. I'm in Florida and the damn Oranges are imported from Brazil that cost $ 10 a bag.
Over-taxation - We pay a crap ton of taxes and there is nothing to show for it. Roads are shitty and education is awful.
1. Sales Tax
2. Municipal/County Tax
3. Property Tax
4. Fuel Tax
5. Income Tax
6. Payroll Tax
7. Tolls
Did I miss anything?
Picked up on all of that years ago.
Here is some new ones to add to the list.
Yes.
Bullshit excuses from politicians for their failings and refusing to focus on the real issues. Correcting the systems that created the issue and refusing to adapt to the changing environment.
They refuse to admit they have dug themselves a whole. How can you expect to climb out if you refuse to admit your in one?
The primary one is conflict of interest bring built into the system itself.
Lol and finally, Ostracizing anyone who speaks up and cries fire, that also has a solid game plan😏
Trump was a hail Mary for a lot of people who were feeling this situation unconsciously too. He hit and tapped into to this energy, unfortunately he wasn't serious about changing anything because that would go against his own interest too...lol he is part of the problem himself.
In essence, he was/is a false prophet.
click to expand


Posted by Soul
If that's it's case, it's crazy that out of the top 10 richest humans in the world, 8 of them are American.

Posted by Soul
If that's it's case, it's crazy that out of the top 10 richest humans in the world, 8 of them are American.

Posted by LaGenereuz
The US economy basically relies on petrodollars, if OPEC decides to dump that (since some countries have already decided to start using their own currency) then the collapse will happen.

Posted by LostthoughtsPosted by LuckyLibra7
As stated in the title, we're pretty much close to a complete collapse. The US looks exactly like ancient Rome during their crisis.
Home-ownership/Apartments - Pretty self explainatory. No need to beat a dead horse, everyone knows housing is ridiculous in all aspects. Foreign Companies own tons of homes now and they're just vacant.
Inflation - Wasn't real to begin with, companies arbitrarily increased prices while cutting work billets and saving money. Tons of companies had record profits over the past two years. The media downplayed the entire thing and sought to convince you it's only a 7% or 8% increase. Wages are still well under what they should be and jobs are laying people off. There was a big Tech layoff recently along with ESPN and CNN slashing members.
Radical Military Spending- The Pentagon constantly fails their audits and the spending for the military is out of control. They aren't keeping track of anything and the Air Force recently blew their entire Personnel budget within 6 months. Tons of programs were recently halted and moving members has come to a complete stop amidst the Tuberville abortion crisis (blocking military from moving funds). Throw in spending for Ukraine also.
Financial Instability - The Fed Reserve wants to keep increasing the interest rates which prevents people from spending more money in the economy. The Dollar keeps sinking and isn't backed by anything. Foreign nations are starting to switch their reserve currency over.
Hostile Political Climate - Politics have gotten really heated over the past several years and we're at a point where you must choose between two 80 year old men who are both incompetent. Everyone has become so angry and demand you choose a side. The Supreme Court has made some huge changes recently with Affirmative Action and Abortion. Should I mention Jan 6th??
Food Quality - It's become complete shit after COVID and the USDA recently approved "lab-grown" chicken for consumption. I'm in Florida and the damn Oranges are imported from Brazil that cost $ 10 a bag.
Over-taxation - We pay a crap ton of taxes and there is nothing to show for it. Roads are shitty and education is awful.
1. Sales Tax
2. Municipal/County Tax
3. Property Tax
4. Fuel Tax
5. Income Tax
6. Payroll Tax
7. Tolls
Did I miss anything?
Picked up on all of that years ago.
Here is some new ones to add to the list.
Yes.
Bullshit excuses from politicians for their failings and refusing to focus on the real issues. Correcting the systems that created the issue and refusing to adapt to the changing environment.
They refuse to admit they have dug themselves a whole. How can you expect to climb out if you refuse to admit your in one?
The primary one is conflict of interest bring built into the system itself.
Lol and finally, Ostracizing anyone who speaks up and cries fire, that also has a solid game plan😏
Trump was a hail Mary for a lot of people who were feeling this situation unconsciously too. He hit and tapped into to this energy, unfortunately he wasn't serious about changing anything because that would go against his own interest too...lol he is part of the problem himself.
In essence, he was/is a false prophet.
click to expand

Posted by LuckyLibra7Posted by LostthoughtsPosted by LuckyLibra7
As stated in the title, we're pretty much close to a complete collapse. The US looks exactly like ancient Rome during their crisis.
Home-ownership/Apartments - Pretty self explainatory. No need to beat a dead horse, everyone knows housing is ridiculous in all aspects. Foreign Companies own tons of homes now and they're just vacant.
Inflation - Wasn't real to begin with, companies arbitrarily increased prices while cutting work billets and saving money. Tons of companies had record profits over the past two years. The media downplayed the entire thing and sought to convince you it's only a 7% or 8% increase. Wages are still well under what they should be and jobs are laying people off. There was a big Tech layoff recently along with ESPN and CNN slashing members.
Radical Military Spending- The Pentagon constantly fails their audits and the spending for the military is out of control. They aren't keeping track of anything and the Air Force recently blew their entire Personnel budget within 6 months. Tons of programs were recently halted and moving members has come to a complete stop amidst the Tuberville abortion crisis (blocking military from moving funds). Throw in spending for Ukraine also.
Financial Instability - The Fed Reserve wants to keep increasing the interest rates which prevents people from spending more money in the economy. The Dollar keeps sinking and isn't backed by anything. Foreign nations are starting to switch their reserve currency over.
Hostile Political Climate - Politics have gotten really heated over the past several years and we're at a point where you must choose between two 80 year old men who are both incompetent. Everyone has become so angry and demand you choose a side. The Supreme Court has made some huge changes recently with Affirmative Action and Abortion. Should I mention Jan 6th??
Food Quality - It's become complete shit after COVID and the USDA recently approved "lab-grown" chicken for consumption. I'm in Florida and the damn Oranges are imported from Brazil that cost $ 10 a bag.
Over-taxation - We pay a crap ton of taxes and there is nothing to show for it. Roads are shitty and education is awful.
1. Sales Tax
2. Municipal/County Tax
3. Property Tax
4. Fuel Tax
5. Income Tax
6. Payroll Tax
7. Tolls
Did I miss anything?
Picked up on all of that years ago.
Here is some new ones to add to the list.
Yes.
Bullshit excuses from politicians for their failings and refusing to focus on the real issues. Correcting the systems that created the issue and refusing to adapt to the changing environment.
They refuse to admit they have dug themselves a whole. How can you expect to climb out if you refuse to admit your in one?
The primary one is conflict of interest bring built into the system itself.
Lol and finally, Ostracizing anyone who speaks up and cries fire, that also has a solid game plan😏
Trump was a hail Mary for a lot of people who were feeling this situation unconsciously too. He hit and tapped into to this energy, unfortunately he wasn't serious about changing anything because that would go against his own interest too...lol he is part of the problem himself.
In essence, he was/is a false prophet.
Trump explained multiple times how he gets the tax breaks and benefits from the system. Nobody takes it serious.
Yes, essentially he's a false prophet. I would argue he's instrumental in this pending collapse.. 2024 will be very interesting.click to expand
Discover insights, swap stories, and find people. dxpnet is where experiences turn into understanding.
Create Your Free Account →
Home-ownership/Apartments - Pretty self explainatory. No need to beat a dead horse, everyone knows housing is ridiculous in all aspects. Foreign Companies own tons of homes now and they're just vacant.
Inflation - Wasn't real to begin with, companies arbitrarily increased prices while cutting work billets and saving money. Tons of companies had record profits over the past two years. The media downplayed the entire thing and sought to convince you it's only a 7% or 8% increase. Wages are still well under what they should be and jobs are laying people off. There was a big Tech layoff recently along with ESPN and CNN slashing members.
Radical Military Spending- The Pentagon constantly fails their audits and the spending for the military is out of control. They aren't keeping track of anything and the Air Force recently blew their entire Personnel budget within 6 months. Tons of programs were recently halted and moving members has come to a complete stop amidst the Tuberville abortion crisis (blocking military from moving funds). Throw in spending for Ukraine also.
Financial Instability - The Fed Reserve wants to keep increasing the interest rates which prevents people from spending more money in the economy. The Dollar keeps sinking and isn't backed by anything. Foreign nations are starting to switch their reserve currency over.
Hostile Political Climate - Politics have gotten really heated over the past several years and we're at a point where you must choose between two 80 year old men who are both incompetent. Everyone has become so angry and demand you choose a side. The Supreme Court has made some huge changes recently with Affirmative Action and Abortion. Should I mention Jan 6th??
Food Quality - It's become complete shit after COVID and the USDA recently approved "lab-grown" chicken for consumption. I'm in Florida and the damn Oranges are imported from Brazil that cost $ 10 a bag.
Over-taxation - We pay a crap ton of taxes and there is nothing to show for it. Roads are shitty and education is awful.
1. Sales Tax
2. Municipal/County Tax
3. Property Tax
4. Fuel Tax
5. Income Tax
6. Payroll Tax
7. Tolls
Did I miss anything?