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Dan A
World Affairs In Context
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Comments by "Dan A" (@DanA-nl5uo) on "🔴 ECONOMIC BLOODBATH: $1.4 TRILLION LOST in a Day as Global Markets Panic u0026 Major Indices Collapse" video.
That is a wealthy person not needing the government in times of crisis. When a crisis hits the country the government needs to spend more than it taxed society for the year. The government is in effect the national insurance for society. If a hurricane hits or earthquakes it is the federal government that has to come in and rescue the citizens stuck in the daster zone. That cost is a unknowable future burden when the tax rates are set. The problem is debt for a military budget that is a know thing. Which since the second world war is almost dollar to dollar equal to our debt.
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