Re:Macron says €300B in EU savings sent to the US every year...
by thatguy0900 on Thursday January 22, 2026 @01:47PM
(#46723489)
There is a very large and growing portion of the US that maintains no savings at all. In fact it's the opposite and many are slowly spending their way into perpetual credit card debt.
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Re:Macron says €300B in EU savings sent to the US every year...
by direwolf20 on Thursday January 22, 2026 @01:53PM
(#46723563)
It's essential to the way the system works. One person's money is another person's debt. Normally the government would take on enough debt to ensure everyone had money, but the USA is a weird case.
Re:Macron says €300B in EU savings sent to the US every year...
by lotsofpulp on Thursday January 22, 2026 @09:48PM
(#46727745)
Money and debt are just mechanisms to allocate resources. The government can print infinite money like Zimbabwe and it wouldn’t matter if there aren’t enough resources to allocate.