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Re:Trump's NASA cuts would destroy decades of science and wi... by whatshisface on Thursday June 12, 2025 @01:36PM (#44260419)
If you borrow at 3% to invest in an asset that yields 10%, you can increase your position forever and will be rewarded.
Re:Trump's NASA cuts would destroy decades of science and wi... by hackyhacky on Thursday June 12, 2025 @01:50PM (#44260579)
Sure, but that is not what is happening. In reality, debt is increasing faster than GDP and interest represents a larger part of the budget. Do you think that's sustainable?
Re:Trump's NASA cuts would destroy decades of science and wi... by whatshisface on Thursday June 12, 2025 @03:14PM (#44261935)
It'll be even less sustainable if we cut investment spending in science in favor of uncapitalized spending.