They didn’t want to pay for an overpriced subscription service to “elite” soldiers who didn’t know the land or understand the style of warfare. Plus, they didn’t want to abide by treaties that would stop them from aggressively expanding and killing natives just because they couldn’t afford that subscription service. So they clicked “unsubscribe” but you know how hard it is to unsubscribe from these things.
The whole thing is very ironic though, because after Britain wracked up massive war debts fighting over a colonial border squabble and then lost all the colonies trying to pay those debts, France wracked up massive war debts supporting the colonists, with the aim of weakening the British, and trying to raise taxes to pay those debts is how the king got his head chopped off.
Also, the US today is $40 trillion in debt. If you look at the last 25 years or so and add up all the money spent on the military, waging expensive forever wars halfway around the globe, you get pretty close to that number. So the US has figured out how to wage war without paying for it through taxes and there will certainly be zero negative consequences to doing that indefinitely and borrowing more to pay war debts.
I understand that it’s not. But I also understand that the government is currently paying a trillion dollars every year just on interest. And that countries are reconsidering the dollar as a stable reserve currency.
National debt isn’t the same thing as other kinds of debt but you can still only go “money printer go brrr” for so long before consequences start to show up.
They didn’t want to pay for an overpriced subscription service to “elite” soldiers who didn’t know the land or understand the style of warfare. Plus, they didn’t want to abide by treaties that would stop them from aggressively expanding and killing natives just because they couldn’t afford that subscription service. So they clicked “unsubscribe” but you know how hard it is to unsubscribe from these things.
The whole thing is very ironic though, because after Britain wracked up massive war debts fighting over a colonial border squabble and then lost all the colonies trying to pay those debts, France wracked up massive war debts supporting the colonists, with the aim of weakening the British, and trying to raise taxes to pay those debts is how the king got his head chopped off.
Also, the US today is $40 trillion in debt. If you look at the last 25 years or so and add up all the money spent on the military, waging expensive forever wars halfway around the globe, you get pretty close to that number. So the US has figured out how to wage war without paying for it through taxes and there will certainly be zero negative consequences to doing that indefinitely and borrowing more to pay war debts.
More people should learn how national debt actually works. People equate it to household debt or business debt too often.
I understand that it’s not. But I also understand that the government is currently paying a trillion dollars every year just on interest. And that countries are reconsidering the dollar as a stable reserve currency.
National debt isn’t the same thing as other kinds of debt but you can still only go “money printer go brrr” for so long before consequences start to show up.