Ferguson’s Law: No great power that spends more on its debt than its own defense can be great for long. (From 1700’s)

Millennial Debt Foundation

@millennialdebt

Ferguson’s Law: No great power that spends more on its debt than its own defense can be great for long.

May 10, 2024

🚨Interest is now our 𝐬𝐞𝐜𝐨𝐧𝐝 π₯𝐚𝐫𝐠𝐞𝐬𝐭 government program🚨 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐜𝐨𝐬𝐭𝐬 this year just 𝒔𝒖𝒓𝒑𝒂𝒔𝒔𝒆𝒅 𝒅𝒆𝒇𝒆𝒏𝒔𝒆 π’”π’‘π’†π’π’…π’Šπ’π’ˆ and it also 𝒆𝒙𝒄𝒆𝒆𝒅𝒆𝒅 π‘΄π’†π’…π’Šπ’„π’‚π’“π’† π’”π’‘π’†π’π’…π’Šπ’π’ˆ. https://crfb.org/blogs/interest-costs-just-surpassed-defense-and-medicare…

S

Millennial Debt Foundation

@millennialdebt

Ferguson’s Law: No great power that spends more on its debt than its own defense can be great for long.

Quote

Marc Goldwein

@MarcGoldwein

Β·

May 10, 2024

Interest is now our 𝐬𝐞𝐜𝐨𝐧𝐝 π₯𝐚𝐫𝐠𝐞𝐬𝐭 government program

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐜𝐨𝐬𝐭𝐬 this year just 𝒔𝒖𝒓𝒑𝒂𝒔𝒔𝒆𝒅 𝒅𝒆𝒇𝒆𝒏𝒔𝒆 π’”π’‘π’†π’π’…π’Šπ’π’ˆ and it also 𝒆𝒙𝒄𝒆𝒆𝒅𝒆𝒅 π‘΄π’†π’…π’Šπ’„π’‚π’“π’† π’”π’‘π’†π’π’…π’Šπ’π’ˆ. https://crfb.org/blogs/interest-costs-just-surpassed-defense-and-medicare…

Show more

how more

Unknown's avatar

About michelleclarke2015

Life event that changes all: Horse riding accident in Zimbabwe in 1993, a fractured skull et al including bipolar anxiety, chronic fatigue …. co-morbidities (Nietzche 'He who has the reason why can deal with any how' details my health history from 1993 to date). 17th 2017 August operation for breast cancer (no indications just an appointment came from BreastCheck through the Post). Trinity College Dublin Business Economics and Social Studies (but no degree) 1997-2003; UCD 1997/1998 night classes) essays, projects, writings. Trinity Horizon Programme 1997/98 (Centre for Women Studies Trinity College Dublin/St. Patrick's Foundation (Professor McKeon) EU Horizon funded: research study of 15 women (I was one of this group and it became the cornerstone of my journey to now 2017) over 9 mth period diagnosed with depression and their reintegration into society, with special emphasis on work, arts, further education; Notes from time at Trinity Horizon Project 1997/98; Articles written for Irishhealth.com 2003/2004; St Patricks Foundation monthly lecture notes for a specific period in time; Selection of Poetry including poems written by people I know; Quotations 1998-2017; other writings mainly with theme of social justice under the heading Citizen Journalism Ireland. Letters written to friends about life in Zimbabwe; Family history including Michael Comyn KC, my grandfather, my grandmother's family, the O'Donnellan ffrench Blake-Forsters; Moral wrong: An acrimonious divorce but the real injustice was the Catholic Church granting an annulment – you can read it and make your own judgment, I have mine. Topics I have written about include annual Brain Awareness week, Mashonaland Irish Associataion in Zimbabwe, Suicide (a life sentence to those left behind); Nostalgia: Tara Hill, Co. Meath.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a comment