Catholic Info
Traditional Catholic Faith => The Greater Depression - Chapter I => Topic started by: Drolo on December 05, 2022, 05:40:11 AM
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I don't have work today. Many people don't work today either because those who can spend vacation days on this Monday, Wednesday, and Friday, and so we take advantage of the fact that Tuesday and Thursday are holidays to not work the whole week.
Well, I went for a walk this morning and I found the pubs full of people having breakfast. This Friday and Saturday traffic jams on the roads due to the number of people who were going on a travel. I'm sure that at noon the pubs and restaurants will be full of people having a lunch, and at night the pubs will be full of people partying.
I go into a Lidl and the toy section is sold out, people have already emptied it shopping for Christmas gifts.
Where is the european economic collapse that so many people are talking about? Yes, the prices of almost everything have gone up, but people continue to eat out, travel, consuming and live well. Pubs, restaurants and hotels full, the gifts sold out, deliveries from Amazon and Glovo frequently being distributed. I don't see the economic colapse symptom anywhere.
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I don't have work today. Many people don't work today either because those who can spend vacation days on this Monday, Wednesday, and Friday, and so we take advantage of the fact that Tuesday and Thursday are holidays to not work the whole week.
Well, I went for a walk this morning and I found the pubs full of people having breakfast. This Friday and Saturday traffic jams on the roads due to the number of people who were going on a travel. I'm sure that at noon the pubs and restaurants will be full of people having a lunch, and at night the pubs will be full of people partying.
I go into a Lidl and the toy section is sold out, people have already emptied it shopping for Christmas gifts.
Where is the european economic collapse that so many people are talking about? Yes, the prices of almost everything have gone up, but people continue to eat out, travel, consuming and live well. Pubs, restaurants and hotels full, the gifts sold out, deliveries from Amazon and Glovo frequently being distributed. I don't see the economic colapse symptom anywhere.
Are the Feasts of Saint Nicholas and the Immaculate Conception Holidays in your country or it there a different holiday reason!?:popcorn:
Hope you get to enjoy some pleasant and peaceful time on your days off! :cowboy:
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Tuesday is Constituton Day. I don't think it's something to celebrate, because the Constitution of 78 has been terrible for Spain, but hey, it's a holiday.
Thursday is the Immaculate Conception Holiday, yes.
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Here in the Midwest of the USA I see people driving around in new, big and expensive pickup trucks and suvs.
Sports stadiums are packed, restaurant parking lots are full, the local marijuana dispensary has a line out the door, houses are selling despite high interest rates and overinflated prices.
I'm left scratching my head how so many people seem unaffected by inflation
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One thing to consider is that the alt-media has been calling for an economic collapse for decades now. Their predictions are always wrong. What we see right now is that the governments of the world are building global "security" systems that tie into the Great Reset. If they want to achieve their system, then going Mad Max is the wrong way to go about doing it. It requires a massive amount of money and control, and I think common sense can tell you that the loss of either will be the end of Agenda 2030.
It's more probable that if there is a "collapse" it's something contrived to push people into their new system. Such as in exchange for debt cancellation, you get your digital ID, digital twin, etc., then receive your CBDC with its various limits and controls on your life. There won't be the Mad Max, Last of Us, and other apocalyptic movie types of nonsense, because those are most likely designed and promoted in order to frighten people into accepting anything to save them from that kind of existence. Similar to how zombie and viral quarantine movies became so popular running up to COVID-19 and how fears of a pandemic were so easily tapped into by TPTB, because people had already been conditioned into accepting such a fear.
Basically, if there is a "collapse" of any kind, it will be designed for people to accept digital enslavement in exchange for amnesty from the previous system, and the elites will maintain control of the most important countries.
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One thing to consider is that the alt-media has been calling for an economic collapse for decades now. Their predictions are always wrong.
I wouldn't say always, but yes, they've been talking about this for decades while shilling gold and silver without it actually occurring. I remember over a decade ago the fears of a North American union and the "Amero", which never happened.
The Panopticon is as strong as ever. The economy does what (((they))) say it does due to their faith-based fake currency.
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I wouldn't say always
Read: (Their predictions are always wrong [speaking about the past]) where the alt-media has been calling for an economic collapse.
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One thing to consider is that the alt-media has been calling for an economic collapse for decades now. Their predictions are always wrong.
Very true. The zerohedge website is a good example of this. Literally every day he has an article with a quote by some top financial insider predicting an impending economic disaster. I've been visiting that site for years and it's always the same, day after day.
Boomers still have a lot of assets, paid off homes, vacation homes, investments.
The age groups younger than them are a different story, huge college debt, credit card debt, no property. They might be easily swayed into some form of universal basic income. As for minorities/underclass, there will be no resistance whatsoever
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Where is the european economic collapse that so many people are talking about? Yes, the prices of almost everything have gone up, but people continue to eat out, travel, consuming and live well. Pubs, restaurants and hotels full, the gifts sold out, deliveries from Amazon and Glovo frequently being distributed. I don't see the economic colapse symptom anywhere.
It's simmering under the surface, as the numbers indicate the consumers are depleting their savings and building up credit card debt. People get addicted to their "lifestyles" and will not let go of them until they run out of savings and credit. But savings rates are going down fairly dramatically while credit usage is going up.
And it's the same way that governments have sustained themselves. They just keep "printing" money. United States is well over 31.4 trillion dollars in debt. That's over $90,000 dollars per individual in the US (not just tax payers, but every individual). So I, my wife, and my 6 children ... we're on the hook for $720,000. For those in Europe who don't have a sense for the $ rate, in many/most parts of the country here, that's enough to purchase TWO very decent 4-bedroom 2-bathroom homes in a decent neighborhood. Now multiply that across the country.
https://www.usdebtclock.org/
But that $31.4 trillion debt is only a very tiny piece of the picture. In addition to this formal > 31.4 trillion in debt, the United States is also on the hook for nearly SIX times that in "unfunded liabilities". Social Security, Medicare, etc. were set up a ponzi schemes, and as the baby boomer generation refused to have enough children to sustain the ponzi scheme, these "unfunded liabilities" will very soon catch up to us. I've been paying more money in Social Security taxes each year than to federal income tax, and I'm certain that I'll never see a single dime of that money. I'm 54. 55 used to be retirement age. Now, you can't retire and begin collecting your Social Security until at least 62. But if you start at 62, you'll get only a small percentage of the payment. You have to wait until you're 67 to begin collecting the full payment. They keep pushing "full retirement" back so that they hope more and more people will simply die before being able to collect any money, and those who do make it would collect much less. One theory about COVID is that they deliberately wanted to kill off some of the elderly to sustain this obscene debt bubble. But at some point it won't be enough, and that'll open the door to euthanasia. So, many of those who refused to have children will end up euthanized themselves.
So, if you add in these "unfunded liabilities" (shown at the bottom of the debt clock above), every US citizen owes about $618,000 .. which translates into nearly 5 million dollars for my family of 8, enough to buy nearly 2 nice homes PER PERSON in my family. So each US citizen is on the hook, so to speak, for enough money to buy two decent 4-bedroom 2-bath homes.
They can keep kicking the can down the road for a while by producing more "printed" money, as long as all the nations are in on the scam. But at some point, typically understood as when the US will no longer be able to pay even the INTEREST on this debt, it will collapse ... and will collapse violently.
When it does, we'll have the "great reset," where individuals will not own private property, etc. ... per Klaus Rothschild-Schwab. It's estimated, BTW, that the Rothschild family hold untold trillions in wealth (500 trillion by many estimates). I won't go into how they accuмulated all that wealth, but if you were to have invested $10,000 when the Rothschilds got their start about 300 years ago, at a mere 5% interest (usury), adding NOTHING to the principle besides compounded interest, that $10,000 would be 22.5 billion dollars. But of course they also have been collecting much more than an average of 5%, and have been "investing" (i.e. buying up, scamming, and stealing) for those 300 years as well.
While I bet that these numbers are orders of magnitude on the low side, the projection is that by 2050, half of US tax revenue will be spent on servicing the interest on the national debt, more than the US spends on defense, or more than it spends on education, infrastructure, and R&D combined. BUT that number does NOT factor in the unfunded liabilities, which, as I pointed out are 6 times the amount of the national debt.
They're setting us up for The Great Rosthschildian Reset. It's really just a question of WHEN they want to collapse everything. Those predictions of collapse are based on normal economic dynamics, not taking into account the fact that the Globalist Jєω Luciferians who run the world can play the game as long as they want to. So it's just a question of how long they want to stretch it out.
So, my opinion is that, their window of control, the 75 (in some estimates 100) years referred to in the vision seen by Pope Leo XIIII runs out around 2033.
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Very true. The zerohedge website is a good example of this. Literally every day he has an article with a quote by some top financial insider predicting an impending economic disaster. I've been visiting that site for years and it's always the same, day after day.
Boomers still have a lot of assets, paid off homes, vacation homes, investments.
The age groups younger than them are a different story, huge college debt, credit card debt, no property. They might be easily swayed into some form of universal basic income. As for minorities/underclass, there will be no resistance whatsoever
These predictions are doom usually precede advertisements for companies selling precious metals or prepping supplies. But they're not completely incorrect ... IF you assume that normal economic dynamics are in play (rather than being artificially sustained by the Globalist controllers). US and other economies should have collapsed LONG ago, as per these predictions. But they keep pumping the economy full of fake "printed" money.
Boomers, who sucked the country dry, are actually starting to do things like "reverse mortgage", etc. They are collecting full social security while having paid very little into it, AND they decided to have few children themselves, so that the younger generation can't sustain them as they get older. It's simply natural economics. If I get older and can't take care of myself anymore, if I have one child, the burden on that child to take care of me is very high. But if I have 6-10 children, that can be distributed among them so that it's not a great burden.
So the boomers are making sure they don't suffer by draining out their assets ... and therefore leaving very little behind for the next generation.
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These predictions are doom usually precede advertisements for companies selling precious metals or prepping supplies. But they're not completely incorrect ... IF you assume that normal economic dynamics are in play (rather than being artificially sustained by the Globalist controllers). US and other economies should have collapsed LONG ago, as per these predictions. But they keep pumping the economy full of fake "printed" money.
Boomers, who sucked the country dry, are actually starting to do things like "reverse mortgage", etc. They are collecting full social security while having paid very little into it, AND they decided to have few children themselves, so that the younger generation can't sustain them as they get older. It's simply natural economics. If I get older and can't take care of myself anymore, if I have one child, the burden on that child to take care of me is very high. But if I have 6-10 children, that can be distributed among them so that it's not a great burden.
So the boomers are making sure they don't suffer by draining out their assets ... and therefore leaving very little behind for the next generation.
If you ever stepped into a casino you will find that 90% of the patrons are boomers. Lots of people in the 60's, 70's, 80s. Whatever they saved they aren't leaving to their children or grandchildren. Satan has a curve ball for everyone and gambling seems to be quite a snare for boomers.
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One thing to consider is that the alt-media has been calling for an economic collapse for decades now. Their predictions are always wrong. What we see right now is that the governments of the world are building global "security" systems that tie into the Great Reset. If they want to achieve their system, then going Mad Max is the wrong way to go about doing it. It requires a massive amount of money and control, and I think common sense can tell you that the loss of either will be the end of Agenda 2030.
It's more probable that if there is a "collapse" it's something contrived to push people into their new system. Such as in exchange for debt cancellation, you get your digital ID, digital twin, etc., then receive your CBDC with its various limits and controls on your life. There won't be the Mad Max, Last of Us, and other apocalyptic movie types of nonsense, because those are most likely designed and promoted in order to frighten people into accepting anything to save them from that kind of existence. Similar to how zombie and viral quarantine movies became so popular running up to COVID-19 and how fears of a pandemic were so easily tapped into by TPTB, because people had already been conditioned into accepting such a fear.
Basically, if there is a "collapse" of any kind, it will be designed for people to accept digital enslavement in exchange for amnesty from the previous system, and the elites will maintain control of the most important countries.
Thank you for saying this. Your thoughts mirror mine completely. I have now been reading altmedia and trad forums since about the mid/late 2000s and if I had a nickel for every economic collapse prediction, I wouldn't have to worry about it.
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That isn't to say that these predictions aren't given without reason. By all rights our economy should have failed a long time ago, since it's all a big fiction in the first place. The thing that gets overlooked though, is that since it's a fiction, it can be propped up indefinitely. Nothing real supported it in the first place, so nothing real is required to maintain it.
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Everyone should still have food, water, medicine reserves, etc.--that's just prudent anyways. But spend your emotional energy elsewhere than preparing for Fallout IRL.
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From Reply #8:
I'm 54. 55 used to be retirement age. Now, you can't retire and begin collecting your Social Security until at least 62. But if you start at 62, you'll get only a small percentage of the payment. You have to wait until you're 67 to begin collecting the full payment.
55 was NEVER the retirement age. When the Social Security Act was passed in 1934 the retirement age was set at 64 years (as stated, it was NEVER 55). I couldn't quickly find the average age at death in 1934 but the average life expectancy for someone born that year was 59.3 years for a male and 63.3 years for a female, so the average age at death that year would be lower. Women did not typically work outside the home then and a widow collected her husband's Social Security until she died. Both of those ages were under age 65.
Today one can start collecting at age 62 but the benefit is reduced by 30%. While that is significant, the amount still received is hardly a "small percentage" of the full benefit. The age at which one can start collecting their full benefit depends on the year they were born. As people continue to live longer it seems reasonable that the retirement age would advance, people use to work until they dropped. One can defer receiving Social Security until age 70 (and defer withdrawals from their other retirement accounts until age 72) and the Social Security benefit increases 8% for each year it is deferred. That is what I did.
Again, the Social Security retirement age has NEVER been 55.
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My solution to the greatest stresses and chaos in life has been to ask myself, "What is the next thing I need to do?" And then I do it. Repeat as necessary.
What is the next thing you need to do?
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Tuesday is Constituton Day. I don't think it's something to celebrate, because the Constitution of 78 has been terrible for Spain, but hey, it's a holiday.
Thursday is the Immaculate Conception Holiday, yes.
Ah! I see...
At least one of the Holidays is for a Holy Day. 😅
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Some great posts and thoughts here by everyone. Thank you! :cowboy:
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Some great posts and thoughts here by everyone. Thank you! :cowboy:
I agree. This is an interesting thread. :popcorn:
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It's simple, really.
Any bad thing "doom and gloomers" predict is dependent on the will of one or more Bad Guys, and none of us has access to their secret meetings (Unless you are a high-ranking member of the WEF or similar) So there's always the question of "WILL this happen", will they go forward with it, will they succeed even if they decide to go forward with it, and WHEN will they implement this dastardly plan.
EXCEPT FOR ONE DOOM & GLOOM PREDICTION: a collapse of a fiat currency system like ours. That only requires mathematics, not infiltration of the Illuminati or WEF. Some laws like "What goes up, must come down" can't be broken. We can look at the history of fiat currencies over the past 200 years for example.
Those who've studied the issue know, for example, that if the "National Debt" could be paid back, there wouldn't be a dollar of currency left in circulation. Not physical or digital, not in the hands of the rich OR the poor. Every dollar is brought into being by an act of debt. Let's just say it makes sense that each president has to go into debt twice as much as the president before him -- that's how an exponential rise works. It's not a question of fiscal responsibility, political promises, or any of that -- they have no choice.
WHY does it have to keep going up? Because they have to borrow enough to pay back previous loans, PLUS the interest. The interest is the secret ingredient. When the Gov't borrows 1 trillion, they only get 1 trillion from the Fed. Not the extra 100 billion it takes to pay interest on it every year thereafter. If you plot that out on a graph, it is NOT linear. It goes parabolic at the end. That's the stage we're in now. The scary stage where it goes vertical, where it goes To Da Moon.
P.S. That is one of the curses of the human condition: an inability to grasp the Exponential Function. If you pictured a graph of a 10% rise (compounded) every year, 99.9% of people would picture something linear, a.k.a. a straight line. But that is not true! It would actually look like a curve, with a parabolic spike at the end.
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It goes parabolic at the end. That's the stage we're in now. The scary stage where it goes vertical, where it goes To Da Moon.
I think we all understand fiat currency. Do you believe that TPTB are running scared and will lose control following an economic collapse? That's the narrative of the Alt-Right and your post sounds something like this, but it's missing some details.
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Do you believe that TPTB are running scared and will lose control following an economic collapse? That's the narrative of the Alt-Right
No way they'd lose control over an event so fundamental and unavoidable.
That's why they're talking about a "Great Reset". They know what's coming. They know how many years/months this system has left. They're already getting ready, positioning themselves to stay on top after the Great Reset which they want to bring about, rather than an uncontrolled collapse -- which is what would happen if they stood around and did nothing.
I don't know what "Alt Right" you're talking about, but it's probably guys -- grifters -- I couldn't care less about. I don't do the two-party politics thing anymore.
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They're already getting ready, positioning themselves to stay on top after the Great Reset which they want to bring about, rather than an uncontrolled collapse ...
Understood. I just wanted to confirm. :thumbsup:
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It's simmering under the surface, as the numbers indicate the consumers are depleting their savings and building up credit card debt. People get addicted to their "lifestyles" and will not let go of them until they run out of savings and credit. But savings rates are going down fairly dramatically while credit usage is going up.
And it's the same way that governments have sustained themselves. They just keep "printing" money. United States is well over 31.4 trillion dollars in debt. That's over $90,000 dollars per individual in the US (not just tax payers, but every individual). So I, my wife, and my 6 children ... we're on the hook for $720,000. For those in Europe who don't have a sense for the $ rate, in many/most parts of the country here, that's enough to purchase TWO very decent 4-bedroom 2-bathroom homes in a decent neighborhood. Now multiply that across the country.
https://www.usdebtclock.org/
But that $31.4 trillion debt is only a very tiny piece of the picture. In addition to this formal > 31.4 trillion in debt, the United States is also on the hook for nearly SIX times that in "unfunded liabilities". Social Security, Medicare, etc. were set up a ponzi schemes, and as the baby boomer generation refused to have enough children to sustain the ponzi scheme, these "unfunded liabilities" will very soon catch up to us. I've been paying more money in Social Security taxes each year than to federal income tax, and I'm certain that I'll never see a single dime of that money. I'm 54. 55 used to be retirement age. Now, you can't retire and begin collecting your Social Security until at least 62. But if you start at 62, you'll get only a small percentage of the payment. You have to wait until you're 67 to begin collecting the full payment. They keep pushing "full retirement" back so that they hope more and more people will simply die before being able to collect any money, and those who do make it would collect much less. One theory about COVID is that they deliberately wanted to kill off some of the elderly to sustain this obscene debt bubble. But at some point it won't be enough, and that'll open the door to euthanasia. So, many of those who refused to have children will end up euthanized themselves.
So, if you add in these "unfunded liabilities" (shown at the bottom of the debt clock above), every US citizen owes about $618,000 .. which translates into nearly 5 million dollars for my family of 8, enough to buy nearly 2 nice homes PER PERSON in my family. So each US citizen is on the hook, so to speak, for enough money to buy two decent 4-bedroom 2-bath homes.
They can keep kicking the can down the road for a while by producing more "printed" money, as long as all the nations are in on the scam. But at some point, typically understood as when the US will no longer be able to pay even the INTEREST on this debt, it will collapse ... and will collapse violently.
When it does, we'll have the "great reset," where individuals will not own private property, etc. ... per Klaus Rothschild-Schwab. It's estimated, BTW, that the Rothschild family hold untold trillions in wealth (500 trillion by many estimates). I won't go into how they accuмulated all that wealth, but if you were to have invested $10,000 when the Rothschilds got their start about 300 years ago, at a mere 5% interest (usury), adding NOTHING to the principle besides compounded interest, that $10,000 would be 22.5 billion dollars. But of course they also have been collecting much more than an average of 5%, and have been "investing" (i.e. buying up, scamming, and stealing) for those 300 years as well.
While I bet that these numbers are orders of magnitude on the low side, the projection is that by 2050, half of US tax revenue will be spent on servicing the interest on the national debt, more than the US spends on defense, or more than it spends on education, infrastructure, and R&D combined. BUT that number does NOT factor in the unfunded liabilities, which, as I pointed out are 6 times the amount of the national debt.
They're setting us up for The Great Rosthschildian Reset. It's really just a question of WHEN they want to collapse everything. Those predictions of collapse are based on normal economic dynamics, not taking into account the fact that the Globalist Jєω Luciferians who run the world can play the game as long as they want to. So it's just a question of how long they want to stretch it out.
So, my opinion is that, their window of control, the 75 (in some estimates 100) years referred to in the vision seen by Pope Leo XIIII runs out around 2033.
Yes, what you and Dxcat40 say makes sense. The public debt keeps the scam until they want to fully implement the 2030 Agenda.
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It's simple, really.
Any bad thing "doom and gloomers" predict is dependent on the will of one or more Bad Guys, and none of us has access to their secret meetings (Unless you are a high-ranking member of the WEF or similar) So there's always the question of "WILL this happen", will they go forward with it, will they succeed even if they decide to go forward with it, and WHEN will they implement this dastardly plan.
EXCEPT FOR ONE DOOM & GLOOM PREDICTION: a collapse of a fiat currency system like ours. That only requires mathematics, not infiltration of the Illuminati or WEF. Some laws like "What goes up, must come down" can't be broken. We can look at the history of fiat currencies over the past 200 years for example.
Those who've studied the issue know, for example, that if the "National Debt" could be paid back, there wouldn't be a dollar of currency left in circulation. Not physical or digital, not in the hands of the rich OR the poor. Every dollar is brought into being by an act of debt. Let's just say it makes sense that each president has to go into debt twice as much as the president before him -- that's how an exponential rise works. It's not a question of fiscal responsibility, political promises, or any of that -- they have no choice.
WHY does it have to keep going up? Because they have to borrow enough to pay back previous loans, PLUS the interest. The interest is the secret ingredient. When the Gov't borrows 1 trillion, they only get 1 trillion from the Fed. Not the extra 100 billion it takes to pay interest on it every year thereafter. If you plot that out on a graph, it is NOT linear. It goes parabolic at the end. That's the stage we're in now. The scary stage where it goes vertical, where it goes To Da Moon.
P.S. That is one of the curses of the human condition: an inability to grasp the Exponential Function. If you pictured a graph of a 10% rise (compounded) every year, 99.9% of people would picture something linear, a.k.a. a straight line. But that is not true! It would actually look like a curve, with a parabolic spike at the end.
Yes, I know what an exponential function is and the formula for compound interest.
A=P(1+r/n)^n
If n is lower than 1 year, A is less than with simple interest. If n is 1 year is equal. If n is higher than one year A is higher, and being raised to a power, the higher n is, the crazier it gets. 2^2 is 4. But 2^20 is 1048576. 2^200 is astronomical.
Yes, I agree that the debt is unpayable
But even with Spain having a public debt of more than 100% of GDP and with inflation of everything but not increasing salaries, nothing happens. I understand that it's from what yuu three (You, Ladislaus and Dxcat40) said.