re: #246 HappyWarrior

The Potato Famine is another tragedy of ideology combined with religious zeal on both economics and religion causing people to suffer. A lot of British protestants blamed the Irish’s Catholicism for their suffering and others more or less saw helping the starving people as going against Capitalism. So yeah, I’m not rah rah Capitalism knowing that. I’m not rah rah Socialism either for that matter. I’m for systems that analyse the real world and try to help people. And if that means we go into some debt, I don’t mind. Debt is far from the worst thing that can befall a nation.

All nations go into and stay in debt.

In all my reading, I’ve yet to find a country that wasn’t in debt. Spain went bankrupt something like 6 times in the 1700’s (iirc).

Without debt there is no growth.