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SuperGong # 39
The United States is 32 trillion dollars in debt. Debt to who? Debt to all the people who have loaned their money to the government with interest which means they want all their money back with interest. The interest doesn't really exist, but it looks good labeled as an asset on paper.
The debt has got so high because the interest that doesn't exist has, like a raging fire, gotten out of control. The good news: the national debt will not be the national debt forever. It will be reduced in a sane way, or it will end in a not so sane way. If it is reduced in a sane way, you will hire economist Michael Hudson and economist Richard Wolff to plan a sane write off of the debt or, failing that, just wait for the economy to collapse and the angry mobs spilling over the fences will pitch-fork the problem out of existence. No more living debt-owners means no more debt.
A third way to fix the national debt is to expand your minds planet-wide and join with the global DragonFly Asteroid Miner SuperProject that will spin up the economic engine of SpaceShipEarth to INVADE THE ASTEROID BELT and build a SuperWorld a thousand times more powerful which will make fantastic money and give you the scratch to pay off the debt.
mindsnapnow.com
boing boing
