When it is properly used it is the best wealth building tool on individual, business and government level.
Sure. But it is also a tool used to impoverish the masses right? Can it be used to build wealth for the masses?
National debt in America is a political talking point, but in reality it is one of our biggest competitive advantages.
Yes. The talk is just nonsense.
I think debt could be totally used to build wealth for the masses and for a long period of time in American history it was used to build wealth for the masses, but things have changed over time and recently with this administration everything is being used as an opportunity to build wealth for our king and his surroundings...
I think that the past was the start of the end. Essentially, the wealth will keep consolidating, and we are seeing the tailend of it now - where it is super concentrated. Wealth is not attached to work anymore - it was before.
I see a lot of people able to make it from the ground up into wealth in America still... Though the economy right now is terrible, a lot worse than the news would suggest... companies a quietly cutting people...