Except it’s not numbers going up, it’s statistical data about the US debt, such as the titled implied. In neoliberal right wing governments such as the one in the US, the way they fight this kind of scenarios is austerity policies such as not raising wages as inflation goes up, the lowering of the living standards of the working class, and so on, instead of making the actual culprits pay the price.
This and the current trend of dedolarisation, plus the recent failure of China buying US debt, and a lot of other factors could indicate some bad times for the US economy.
I think it would have been more useful if you would have asked about the consequences of unsustainable debt or some other thing related to economy, since none of us are experts probably, were we could have created a meaningful debate, rather than acting arrogantly. The title says what the body shows, what you can get from that data depends on your field of study, but statistical data is not useless numbers going up, even in something like Cookie Clicker mean things that can be interpreted.
None of what you said is supported by either the screenshot itself or anything else that’s been cited by the OP (or anyone else in this thread). Even calling it “statistical data about the US debt” is overselling it since it’s literally just a screenshot and a link to a paper that (presumably?) the screenshot came from.
Anything you mentioned would be interesting to talk about, perhaps with sources? Interviews? Anything? But no; instead we’re being told that the screenshot is sufficient context to ground any assertion we care to make.
My point is the post is vacuous and any discussion around it unmoored from anything objective or of interest.
Even calling it “statistical data about the US debt” is overselling it since it’s literally just a screenshot and a link to a paper that (presumably?) the screenshot came from.
Except it’s not numbers going up, it’s statistical data about the US debt, such as the titled implied. In neoliberal right wing governments such as the one in the US, the way they fight this kind of scenarios is austerity policies such as not raising wages as inflation goes up, the lowering of the living standards of the working class, and so on, instead of making the actual culprits pay the price.
This and the current trend of dedolarisation, plus the recent failure of China buying US debt, and a lot of other factors could indicate some bad times for the US economy.
I think it would have been more useful if you would have asked about the consequences of unsustainable debt or some other thing related to economy, since none of us are experts probably, were we could have created a meaningful debate, rather than acting arrogantly. The title says what the body shows, what you can get from that data depends on your field of study, but statistical data is not useless numbers going up, even in something like Cookie Clicker mean things that can be interpreted.
None of what you said is supported by either the screenshot itself or anything else that’s been cited by the OP (or anyone else in this thread). Even calling it “statistical data about the US debt” is overselling it since it’s literally just a screenshot and a link to a paper that (presumably?) the screenshot came from.
Anything you mentioned would be interesting to talk about, perhaps with sources? Interviews? Anything? But no; instead we’re being told that the screenshot is sufficient context to ground any assertion we care to make.
My point is the post is vacuous and any discussion around it unmoored from anything objective or of interest.
This is a statistics website of the US treasury