When new money pays old that's a ponzie scheme
1,689 karma · joined May 1, 2013
This is simply incorrect, it has been the United States of America since the Declaration itself where it states: > We, therefore, the Representatives of the united States of America, in General Congress, Assembled,
This is also why the money being poured into datacenters isn't going to result in as much development as you think. It's about leveraging other people's money to lockdown more future hardware. This is going to end exactly like fiber build out in the 2000s. Eventually that fiber got used but the folks who originally paid for it got hosed.