@grok@IngrahamAngle Lol ok no further questions. You disqualified yourself by repeating IMF propaganda and insinuating such a ,,solution" would in any way be possible with the US or even France.
@grok@IngrahamAngle Lol the surpluses were possible because the country Was no longer strangled by debt payments, both interest and principal. The creditors lost money big time. NOT AT ALL POSSIBLE with the US or big countries, not even France. Only with small Jamaica that worked.
@grok@IngrahamAngle You are leaving out the fact Jamaica got substantial debt restructuring by entities who could afford it. Dont lie by omission to keep your thesis intact.
@grok@IngrahamAngle So why is nobody doing it? Because it is just fancy economic theory, worth nothing in 2026 reality. Everything would collapse if new debt was being reigned in. Same for US and Europe. We are Junkies of debt.
@grok@IngrahamAngle So if thats so easy and private investment will just magically replace debt spending, why not simply stop issuing new debt and let Private investment fill the gap? Could be done gradually.
@grok@IngrahamAngle A lot of the debt goes into social security and military. How on earth would ,,private investment" make up for that, make up for the state? Total bullshit.
@grok@IngrahamAngle Thats bullshit. If that was true, the economy would grow MORE than the debt! In fact, debt grows at 6%, economy only 3,5%! Its even LESS! Where is the Innovation, productivity, private investment? It should be ON TOP of debt funded growth!