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Anonymous D joined in and replied with this 2 weeks ago, 9 minutes later, 6 hours after the original post[^][v]#1,439,155
@previous (C)
I got wise to that a few administrations ago. They trot out the 'fiscal conservative' narrative to reel in the church crowd then totally spend more money than democrats anyway.
Mr. Big Black Friday double-posted this 2 weeks ago, 2 minutes later, 12 hours after the original post[^][v]#1,439,185
Ireland has high income tax, and very low corporate tax, so then corporations from all over the world go to Ireland, and the Irish government ends up making so much tax revenue their national debt to GDP ratio gets smaller over time because they can actually afford to pay it off unlike every other country.
Anonymous F joined in and replied with this 2 weeks ago, 14 minutes later, 12 hours after the original post[^][v]#1,439,190
@previous (Mr. Big Black Friday)
The other part of debt to GDP ratio is GDP.
If you do absolutely nothing to your debt, but artificially boost your GDP by letting companies put their profits there on paper you aren't actually better off. You just have a fake GDP figure.
Mr. Bloody Lemonade quadruple-posted this 2 weeks ago, 1 minute later, 12 hours after the original post[^][v]#1,439,201
For example, most internet traffic between continents goes through undersea cables. Multiple countries have the ability to cut those cables. What if one day you woke up and all financial transactions between America and Europe stopped?
> You're in for a rude awakening if you ever take on debt, lol.
For some reason, Americans don’t realize that if you’re in debt in the United States, and you just fly to another country that the United States isn’t particularly friendly with, the US can’t really make you pay it back.
Anonymous I triple-posted this 2 weeks ago, 1 minute later, 13 hours after the original post[^][v]#1,439,209
Now if you ask for legal advice, everybody will tell you that you still owe your debts and you have to pay it back and blah blah blah. If they can’t enforce it, it doesn’t exist. Different countries even have different credit score systems.
Anonymous I quadruple-posted this 2 weeks ago, 1 minute later, 13 hours after the original post[^][v]#1,439,210
What you gotta do, is you gotta take your money, put it in a bank that’s owned and operated in another country, get your body physically to another country, then you’re good. Debt is gone.
Anonymous F replied with this 2 weeks ago, 1 minute later, 13 hours after the original post[^][v]#1,439,212
@1,439,205 (Mr. Bloody Lemonade)
If the national power grid goes out long enough for this to matter your economy has a dozen other problems bigger than currency.
A society that stuck to paper and coins would have problems with conterfeiting and armed robberies that made their advantage moot. How are the police managing those problems when they don't have power/internet?
@1,439,207 (I)
Leaving the US would put you in a worse financial situation than staying.
Most countries have significantly lower disposable income. You could ignore that while living off the savings you brought from America, but when it came time to make money you would be living worse than the poor in America.
Mr. Bloody Lemonade replied with this 2 weeks ago, 2 minutes later, 18 hours after the original post[^][v]#1,439,253
@previous (F)
You do realize that not all developed countries are western right? And you do realize that there are developed areas in developing countries?
For example, there are places in Africa that look like this (Johannesburg):
Anonymous F replied with this 2 weeks ago, 1 minute later, 18 hours after the original post[^][v]#1,439,258
@1,439,255 (Mr. Bloody Lemonade)
My figure is the average household disposable income, you keep showing cherrypicked areas of a country where the wealthiest congregate.
If anyone followed your advice, and they went from the average household in America to the average household in their new country, they would be far poorer even if they successfully avoided their debts.
You are, objectively, wrong when you say that moving to a different country would be a good decision. The cost would outweigh the gains, regardless of how many pictures of wealthy areas you post.
Anonymous F replied with this 2 weeks ago, 51 seconds later, 18 hours after the original post[^][v]#1,439,260
@1,439,257 (Mr. Bloody Lemonade)
Cleveland, Ohio is a some random boring city in the US, but I would bet the picture you showed was the central business district of the capitol or something lol.
The data settled this. You can choose not to believe it, but households in the US are much wealthier.
Saying "money isn't real" doesn't change anything. It's a nonsense phrase that leftists uncritically repeat.
> I’m objectively wrong that moving to a country where everything is less expensive is a bad financial decision?
You sold it as a good idea.
And "where everything costs less" is already accounted for in the "disposable income" metric, which takes incomes and subtracts living expenses. Use your head, you shouldn't need every small detail explained.
Mr. Bloody Lemonade replied with this 2 weeks ago, 1 minute later, 18 hours after the original post[^][v]#1,439,262
@1,439,260 (F)
So what you’re saying is everything in this picture is less real than numbers stored on computers representing how much fiat currency (which is backed by nothing except trust) people living in this city have?
> So what you’re saying is everything in this picture is less real than numbers stored on computers representing how much fiat currency (which is backed by nothing except trust) people living in this city have?
Nice strawman, but what I actually said was that cherrypicking a wealthy area of a country to show a nice picture doesn't change the figure.
You can find good and bad pictures of both America and whatever country you pick.
None of it changes the fact that American households have more disposable income.
Mr. Bloody Lemonade replied with this 2 weeks ago, 22 seconds later, 18 hours after the original post[^][v]#1,439,265
You do realize that the reason why the United States is wealthy is because the US dollar is the world’s reserve currency because the United States emerged as one of the two superpowers after World War Two, because the United States is geographically isolated from the rest of the world so it wasn’t destroyed in World War Two. Everyone values our currency more so it looks like we’re richer in all of the data, even if we’re not actually richer in terms of living standards compared to other developed counties.
Mr. Bloody Lemonade double-posted this 2 weeks ago, 1 minute later, 18 hours after the original post[^][v]#1,439,266
@1,439,264 (F)
I’m not arguing that they don’t, I’m arguing that it’s completely meaningless because everything in the United States is more expensive and there are plenty of places in plenty of countries where the standard of living looks almost identical to the United States.
Mr. Bloody Lemonade triple-posted this 2 weeks ago, 5 minutes later, 18 hours after the original post[^][v]#1,439,267
And btw I’m not cherry picking. I showed you a picture of a city in Africa on purpose because I know Africa is the world’s poorest continent. I’m saying even if you go to the poorest continent, you can find somewhere to live that isn’t horrible.
Mr. Bloody Lemonade septuple-posted this 2 weeks ago, 2 minutes later, 18 hours after the original post[^][v]#1,439,271
Now obviously, is everywhere like that? No, there are cities that aren’t as nice, like Kinshasa.
But when you move somewhere you don’t just pick a random location, you can choose where you decide to go. It’s not like if you love out of the US you have to go to the worst part of the worst country you can find.
> You do realize that the reason why the United States is wealthy
blah blah blah.
We were talking about whether the US is wealthier, and now you're playing "move the goalposts".
As long as we have established how stupid it would be to move to a shithole country like Iteland where disposable incomes are half what they are in the US to cheat on your debt.
Just like helping people cheat taxes, it's not an actual long term solution.
Mr. Bloody Lemonade quadruple-posted this 2 weeks ago, 4 minutes later, 19 hours after the original post[^][v]#1,439,281
I’m just saying, if you’re an American, it’s like not that difficult to rent a hotel near the presidential palace in Warsaw. If you can’t figure out how to have a good life in a country like that… I don’t know what to tell ya.
Mr. Bloody Lemonade replied with this 2 weeks ago, 2 minutes later, 19 hours after the original post[^][v]#1,439,287
And this isn’t even an anti American thing I love America, it’s just… this is all just about exchange rates. We’re the reserve currency. That’s why our money is valued more, that doesn’t mean there aren’t people in third world countries who have more money than we do. Your net worth isn’t necessarily the average net worth of your country. You can’t judge by the average person, you have to judge based on yourself.
Mr. Bloody Lemonade joined in and replied with this 2 weeks ago, 1 hour later, 20 hours after the original post[^][v]#1,439,297
@previous (F)
Do you really think that the average standard of living is your standard of living? That’s not how it works, there are billionaires in Nigeria, you can be rich or poor literally anywhere. It’s like you have the wires crossed in your brain between individuals and collectives and can’t understand that not all individuals in poor countries are poor and just because you move to a country that’s less wealthy doesn’t mean you will be less wealthy.
Anonymous F replied with this 2 weeks ago, 20 minutes later, 21 hours after the original post[^][v]#1,439,298
@previous (Mr. Bloody Lemonade)
The ratio of household income in the US vs Nigeria is 20:1
You were wrong, and now you're trying to make it sound like I said there weren't billionares there to distract from your embarassing defeat.
You can get away from your debt if you move to a shithole, but your life will be many times worse. Some American loser running from their debts to one of those countries will either come back quick or ruin their life staying there. The fact that there are middle class and superrich there doesn't matter, they have no reason to cut in the expat to maintain their former lifestyle.
> > You're in for a rude awakening if you ever take on debt, lol. > > For some reason, Americans don’t realize that if you’re in debt in the United States, and you just fly to another country that the United States isn’t particularly friendly with, the US can’t really make you pay it back.
> What you gotta do, is you gotta take your money, put it in a bank that’s owned and operated in another country, get your body physically to another country, then you’re good. Debt is gone.
You're the biggest retard on this website, Jupiter.
Anonymous F replied with this 2 weeks ago, 2 minutes later, 21 hours after the original post[^][v]#1,439,302
"You can get away with not paying your debt! All you have to do is spend thousands on travel, leave your support network, and move to a country with 1/20th the disposable income of America for the rest of your life"- 🫰🏿👨🏿
Mr. Bloody Lemonade double-posted this 2 weeks ago, 2 minutes later, 21 hours after the original post[^][v]#1,439,304
Look, Nigeria is a place where women have more than 4 children on average, America is a place where women have less than 2. Nigeria is a country, as poor as the living conditions may be, where people with 1/20th the disposable income can afford to have more than twice as many children as Americans can. If you live in a country like that, and you can earn your money by working at a foreign company, or with your own online business, you can live like a king there.
Anonymous F replied with this 2 weeks ago, 1 minute later, 21 hours after the original post[^][v]#1,439,307
@previous (Mr. Bloody Lemonade)
You really need to me to explain for a third time that the figure "disposable income" already subtracts living expenses and accounts for that?
Mr. Bloody Lemonade triple-posted this 2 weeks ago, 37 seconds later, 21 hours after the original post[^][v]#1,439,312
I feel like your problem with what I’m saying isn’t really that you think I’m wrong, it’s more that you just don’t like it because you find it offensive for some reason.
Mr. Bloody Lemonade replied with this 2 weeks ago, 39 seconds later, 21 hours after the original post[^][v]#1,439,314
@previous (F)
No I called you ignorant for thinking that average disposable income means that your life would be worse living in Europe than the United States.
Anonymous F replied with this 2 weeks ago, 51 seconds later, 21 hours after the original post[^][v]#1,439,315
@1,439,312 (Mr. Bloody Lemonade)
No, my problem is that you are ignorant, present oversimplified flawed ideas, and then refuse to acknowledge the facts when presented with them.
Why do you need it explained 3 times that disposable income already accounts for cheaper expenses? Many peolle would understand without having it explained once.
Mr. Bloody Lemonade double-posted this 2 weeks ago, 2 minutes later, 21 hours after the original post[^][v]#1,439,322
Everybody isn’t the same. Everybody doesn’t have the same skill set or work in the same industry or have the same financial burdens or have the same business opportunities in the same locations. It’s very easy to imagine somebody moving from the US somewhere else and then winding up richer somewhere else. Averages on a collective level don’t mean as much as you think they do on an individual level.
> Most countries have significantly lower disposable income. You could ignore that while living off the savings you brought from America, but when it came time to make money you would be living worse than the poor in America.
> Obviously there's some rare exceptions to this.
And then the very next post was you: @1,439,235 (Mr. Bloody Lemonade)
> That’s the most ignorant thing I’ve read in a while. Everyone who isn’t American isn’t poor. You must have never been anywhere else.
So I acknowledged that there are some exceptions, and you responded that it was "the most ignorant thing" you ever heard.
Now you are trying to pretend you were saying there are some cases, even though you called me ignorant for stating that it was mostly poor with some exceptions.
It's documented. Stop lying and digging yourself deeper, this whole thread is just you saying stupid shit, getting corrected, and then pretending it didn't happen. Sad.
Mr. Bloody Lemonade replied with this 2 weeks ago, 9 seconds later, 21 hours after the original post[^][v]#1,439,324
By the way, if you’re offended by what I said, I never said people should run away from debt, or that it’s good or moral, I wasn’t making a normative statement, I made a positive statement that it’s a thing that people can do, and I know that, because people do it.
Mr. Bloody Lemonade replied with this 2 weeks ago, 32 seconds later, 21 hours after the original post[^][v]#1,439,328
Anyway if that guy didn’t bother me, what I was going to say is wealth is relative. You’ll feel richer in a poor country when you realize you have more money than almost everybody else. That’s why people do it. It’s not stupid.
Mr. Bloody Lemonade double-posted this 2 weeks ago, 4 minutes later, 21 hours after the original post[^][v]#1,439,329
$1 by itself means nothing without a societal context. What $1 means in two countries is different. If you go somewhere where your money goes further, you don’t have more money, but you are in fact richer materially. But what you have materially is what you experience. You don’t experience a number in your bank account.
> I got wise to that a few administrations ago. They trot out the 'fiscal conservative' narrative to reel in the church crowd then totally spend more money than democrats anyway.
They’re fiscal conservatives unless they hold the presidency. Clinton and the GOP Congress left a balanced budget and a surplus. GWB - another fail-upwards rich kid with daddy issues and a faux masculine image - ruined that pretty quickly.
Mr. Bloody Lemonade joined in and replied with this 2 weeks ago, 5 hours later, 1 day after the original post[^][v]#1,439,402
@previous (O)
Tbh the only presidents I lived under were Bush, Obama, Trump, and Biden, and I wasn’t old enough to remember Bush or Obama’s first election. So in my life, all I have to say is I’ve seen one smart charismatic guy, one old guy, and then… 🍊