this post was submitted on 07 Jun 2024
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Memes

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[–] [email protected] 47 points 5 months ago (2 children)

Two things:

  • if you owe the bank $34,000, it’s your problem; if you owe the bank $34,000,000,000,000, it’s the bank’s problem.
  • its a big club, and you’re not in it.
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[–] [email protected] 10 points 5 months ago

I heard that the us still has good credit because although it owes trillions, it is worth quadrillions (all lands and assets), so not really a concern

[–] [email protected] 38 points 5 months ago* (last edited 5 months ago) (1 children)

Worth pointing out that credit scores are completely detached from the government. They are entirely private industry, that is collecting and selling your financial info without your consent or opt in. If you were born before 2004, then they have also accidentally leaked literally all your personal info to the dark web, with literally 0 consequences.

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[–] [email protected] 26 points 5 months ago (6 children)

Well, since the billionaire class doesn't pay it's fair share of the tax burden, that money has to come from somewhere.

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[–] [email protected] 3 points 5 months ago

And it's rising at $1 trillion per 100 days in interest.

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