All those jobs will vanish

A country without production or goods is dead or effectively bank rupt

Again the same thing happened to the weinmar republic

in order for there to be a collapse of manufacturing there would be a collapse of the dollar index. Like i already said there is no direct 1:1 causation of large deficits a decrease in the dollar index. Again i ask why can japan have a almost double deficit ratio then us but have lower inflation. As for manufacturing(which is real recources) i already stated i agree. that is the constraint of the deficit. MMT agrees

And they only remedied it by hiking taxes and cutting expenses

And its an ideal example as the weinmar republic was burdened with foreign debt from the war

holy shit

I AGREE REAL RECOURCES IS A CONSTRAINT

Quit cursing and address the point

Finally were getting somewhere lol

And there you go

Now quit spamming

This is why he gets banned from servers.

You just admitted resources are a constraint lol

Disabled direct messages

Huh

Dont spam my server and immediately DM me to justify yourself.

Asshole

.-.

Lol oh i think hes trying to dm me lol

Oh well im happy, he admitted resources are a constraint 🤡🍻

To be fair, he admitted it a few times

But it was weighed down by everything else he kept saying

Ill talk to him lol he’s probably fuming

I set the automute time to 5 hours lol

So he will have time to relax.

Eh he just blocked me when i tried to explain the broader picture I was trying to get across as to why the US cant just keep printing money to fund federal spending as its outsourcing currency

I guess since he blocked me i wont see his messages anymore anyway

Well @vbonecrusher1014 if you do unblock me and see me here again I think the reason you keep getting so mad is we agree on so much- yet have different interpretations. For an olive branch I get you are playing with a strict definition of bankruptcy and I agree in that monetary sense. Feel free to dm me later ig? I’m a not a financial expert by any means, but I’m tying my argument to production and the inverse effect taxes has on GDP- and why in the US’s case with the debt it already has it would cripple the country in both a trade sense and production sense to keep printing money rather than taking taking in shares of the production.

I mean its part of the reason I loved trump so much for taking so much of our manufacturing dependence back, the man is brilliant in my opinion and is able to see the risk it creates for situations like this.

i have explained this like 10 times yet you refuse to read. I will unblock u on the condition you read my argyuuments

@Arnold Jacobs is legend you have not explained how the debt cripples the us, i already explained how this fear of the dollar index collapsing would not be a monetary problem. As for being reliant on other countries. Unless you want massive inflation and a reccesion by all means bring these jobs back the us.

a depression actually

I did

lol and donald trump increased the deficit more then any other president

Well i tried to have discussion with you

Oh well

lol you didnt? you argument boils down to the us is reliant on global trade so debt bad

i already explained how if the dollar index collapses it would not be a monetary problem

Lol well at least you finally are seeing my argument

yes i am aware and in order for there to be a collapse of manufacturing there would be a collapse of the dollar index. Like i already said there is no direct 1:1 causation of large deficits a decrease in the dollar index. Again i ask why can japan have a almost double deficit ratio then us but have lower inflation. As for manufacturing(which is real recources) i already stated i agree. that is the constraint of the deficit. MMT agrees i said this here