How have we been indebted for the loan we have never taken?

in hive-120019 •  2 months ago 

How have we been indebted for the loan we have never taken?


Greetings Steemians!


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It is estimated that the total global debt is about $257 trillion! This is the huge huge amount of money! It is beyond imagination. $257 trillion total debt means about $36700 debt per head. We all pay taxes and also most of us don't have any personal loan. We also not get any subsidy from the governments.

If we have not taken any such loan and the governments are taking loan for development which is not anywhere, then where is the collection from taxes going?

How have we been indebted for the loan we have never taken?


  • I don't know.

  • This is artificially created debt which is the evil design of the rich and powerful elites.

  • Governments are taking loans for development works and social welfare.

  • Other..

Answer the question at dpoll.xyz.

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Voted for

  • Governments are taking loans for development works and social welfare.

It's always the government.

Voted for

  • I don't know.

Voted for

  • This is artificially created debt which is the evil design of the rich and powerful elites.

Voted for

  • Other..

Governments waste money, more as one can imagine. They give loans to other countries and have profit from it. They easily say the country in need doesn't need to pay back. They invest in abroad, poor whatsoever although after 100 years nothing has happened. As long as there are people who pay the bill, tax over tax over taxes there's no problem.

Voted for

  • This is artificially created debt which is the evil design of the rich and powerful elites.

Voted for

  • I don't know.

Voted for

  • I don't know.

Voted for

  • I don't know.

Voted for

  • Other..

this happens, among other things, when some politicians unscrupulously throw taxpayers' money out of the window with full hands

Voted for

  • I don't know.

Voted for

  • I don't know.