/biz/ - Business & Finance

>>57920304
>US total debt = 34T
>US yearly GDP = 28T
Niggas, the US debt scare is non-existent. We have 30-year home mortgages. Apply the same principle to the US debt "problem": The debt is spread out for the next 30 years. And with a yearly GDP of 28T, only ph4gg0t5 are bearish.
>but muh compounding interest
Nigga, yearly GDP is also compounding. Add: millionaire inflows from foreign countries, foreign investors, talent pool of immigrants, energy independence, American companies globalizing territories, America-as-the-world's-gunshop instead of American-as-the-world's-police—America is unironically getting more antifragile as the decades continue.
>muh trannies, homeless, drug problem, mental illness
The strong are EXPONENTIALLY stronger than the weak. Consider the Pareto Principle. And then consider the self-immolation of information theory (knowledge that kills itself rather than reproduce eventually dies out).