No Stupid Questions
No such thing. Ask away!
!nostupidquestions is a community dedicated to being helpful and answering each others' questions on various topics.
The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:
Rules (interactive)
Rule 1- All posts must be legitimate questions. All post titles must include a question.
All posts must be legitimate questions, and all post titles must include a question. Questions that are joke or trolling questions, memes, song lyrics as title, etc. are not allowed here. See Rule 6 for all exceptions.
Rule 2- Your question subject cannot be illegal or NSFW material.
Your question subject cannot be illegal or NSFW material. You will be warned first, banned second.
Rule 3- Do not seek mental, medical and professional help here.
Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.
Rule 4- No self promotion or upvote-farming of any kind.
That's it.
Rule 5- No baiting or sealioning or promoting an agenda.
Questions which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.
Rule 6- Regarding META posts and joke questions.
Provided it is about the community itself, you may post non-question posts using the [META] tag on your post title.
On fridays, you are allowed to post meme and troll questions, on the condition that it's in text format only, and conforms with our other rules. These posts MUST include the [NSQ Friday] tag in their title.
If you post a serious question on friday and are looking only for legitimate answers, then please include the [Serious] tag on your post. Irrelevant replies will then be removed by moderators.
Rule 7- You can't intentionally annoy, mock, or harass other members.
If you intentionally annoy, mock, harass, or discriminate against any individual member, you will be removed.
Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.
Rule 8- All comments should try to stay relevant to their parent content.
Rule 9- Reposts from other platforms are not allowed.
Let everyone have their own content.
Rule 10- Majority of bots aren't allowed to participate here. This includes using AI responses and summaries.
Credits
Our breathtaking icon was bestowed upon us by @Cevilia!
The greatest banner of all time: by @TheOneWithTheHair!
view the rest of the comments
In democracy, citizen decide how the tax money is spent by voting, usually it's an indirect vote : you elect people to vote the budget, which makes sense considering the difficulty on the tax. But typically, left wing will put more money in education, healthcare, and rehabilitation programs while right wing will put money in police, militaires and supp rt outsourcing essential services to private corporations. Stuff can be complex as you need to pay pensions, state worker, fulfill international commitment (EU budget, NATO budget) and maintain all the existing infrastructures, and only then you can invest/re-allocate budget (which can trigger an outrage, cutting welfare expense or closing a hospital can have dramatic consequences for citizen)
If there isn't enough money se government can borrow money, typically they don't go the bank but say they need X billions for Y years and find investor ready to lend them this money (it tends to be quite safe, do you foresee US or Germany not paying their debt in 5 or 10 years?) alternative is to print money (aka inflation) or raise taxes. For structural investment that will bring monee, it makes sense to pay them over 10 years with the extra tax yield thanks to the new highway/university/dam. However, it also means that instead of "taxing the rich" you borr w their money and give them back, while us commoner do n't directly see our tax money ney back
How high can the debt to gdp get before the economic system collapses?
Until the government can't pay it back.
infinity.
the issue isn't the number of the debt. it's creditors faith that you will pay them back.
things collapse when your lenders lose faith and stop lending. you could have a low debt to gdp ratio and that still could happen.
For example an event like chaotic policy means countries no longer use your currency as a global reserve currency - would mean a sudden drop in investor faith that could trigger this. Or even deliberate disrupting the economy to devalue your currency, depending on whether we believe they’re smart enough to have a strategy or just take their chaos at face value
I do forsee the US not being able pay debt in 10+ years and nobody will lend them anymore money.
that's the fun part of centering your country as lodestone of international finance/trade, entire western world is basically held hostage by USD (also, their rich people love the US's unregulated markets and under-educated population as easy exit liquidity)
Until everyone switches to the Euro as the world's reserve currency because USD has become too volatile
Which is what Trump/Putin want.