Quote from: icebar on July 13, 2025, 12:42:32 PM

To change this entire system, we must first change our own attitude. If we do not change our attitude, no change in the system is possible. If we do not support the government, how can the government help us? The source of government income is the common people. The common people are not interested in paying more taxes and want more opportunities. To fulfill such demands, the government has no choice but to lend money from another country.

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The governments of the country are also busy providing benefits to the voters. They do not consider borrowing a burden. They think that the country will continue to run like this. They do not consider it a problem. That is why some countries are collecting a large part of their budget through borrowing.

Even if such a situation does not have an effect in the short term, it will create problems in the long term. If a loan is taken, that loan must be repaid. Therefore, it should not be considered normal. Governments can run the country by presenting their real situation to the public without doing politics of getting votes and if they are able to do it through their own income then that country will definitely move forward. Those who depend on loans will definitely be at risk. Their economy can collapse at any time.

Your reply hits me hard in a good way. I agree, change always starts with attitude: how we see ourselves, our responsibilities, and the system we are a part of. If people just expect more but never want to give, or always blame someone else, then nothing will move forward, no matter who is in charge. If people refuse to face tough truths, leaders just end up borrowing more to keep everyone happy for the next election. That is what I am seeing too, not only in my country but in many others

Governments should stop playing vote games and just tell it straight. If we all know the real numbers, maybe we would be more willing to work together for real solutions, instead of always pushing the problem to "later" or "someone else". Still, I notice a big challenge: even if attitudes change, a lot of people feel powerless, like their single voice or vote does not matter. Maybe that is why there is so much apathy and just hoping "the system" will fix itself. Personally, I started learning about crypto because I wanted at least some control over my future, even if it is small

But you are right. If we all only think about ourselves, the cycle of debt and borrowing never ends, and at some point, it will catch up. I hope more people realize this before the long-term risks become a crisis

Quote from: Agbe on July 13, 2025, 05:47:24 PM

This is a very important question that you asked because with the way and manner that government all over the world borrows especially from the African continent it gives me cause for concern because we should not forget that what ever action that we are taking has consequences some of these loans we are taking it will take our second generation to pay so governments all over the world should come up with plans on how to reduce the way that they owe because politics is one thing that is not giving attention to how the next generation will handle it what politicians are concerned about is they can get to office, we are leaving a great border for our children to come which is not a good thing to do through loans that the current generation is taking

The majority of politicians are interested in immediate victories, not in long-term health. It is a game to promise more and borrow more in almost every election, and to pretend that the next generation will simply figure it out. I do not only see this in Africa. However, in areas where citizens are already suffering, such debts are a bigger burden. The world we are leaving our children will be harder, not easier, than the one we have. Debt is not a figure on paper. It is less opportunity, more pressure, and sometimes less freedom for them

I wish there was more honesty from leaders with less talk about "growth at any cost" and more about how to live within our means, or at least spend on things that really build for the future (like schools, clean water, strong hospitals). But nobody in power wants to have that hard conversation. It is easier to leave the problem for later

I do believe people are waking up, though. I see more young people asking questions, demanding more transparency, and looking for alternatives. That gives me a bit of hope. But until politics changes, maybe we also need to change how we save, invest, and vote so we are not just bystanders in this cycle

Quote from: Bitcoin Smith on July 13, 2025, 06:41:00 PM

If every government in this world is in debt, then it brings me a question that who hands out money to them?

And governments too focus on satisfying the people in the short term because there will be a next election so they just prepare themselves to get elected again while ignoring the root causes. And there is no escape from the debt too because of the money system that just lose value over the period so even if we pay more the debt will just keep increasing more.

One must take a brave step that I am going to focus on the betterment of people in the next few decades, even if the people who are under the rule will hate those policies.

It is a mix: other governments, large banks, pension funds, even common people in the form of bonds. Much of the time it is simply borrowing against the future, hoping that the economy will be larger in the future than it is now. Every government is stuck in a four-year loop by promising quick fixes so people will vote for them, instead of facing the real, long-term issues. I get why it happens. We are mostly concerned with what is in front of us: work, bills, everyday stress. But when leaders always take the easy road, the deeper problems just pile up for the next generation

And yes, this money system means your savings buy less every year, while the debt keeps getting bigger, no matter how much we all pay in. The entire system is structured in such a way that it keeps individuals distracted and occupied, thus no one ever has the strength to insist on actual change