

As far as I understand it it’s essentially a humongous legal ponzi scheme. When the US gov issues new bonds they are using part of that revenue to pay back the interest on older issued bonds. In order to pay the interest on the new bonds this year, they use revenue from bonds issued next year. Ponzi schemes grow infinitely, so we’re seeing the same with the US budget as well.





















Every now and then I will jump back into whatever flavor of MUD seems interesting for a few weeks. They’re so much fun but like you say, nobody plays them.