Replies: 17
| visibility 251
|
All-In [26544]
TigerPulse: 100%
Posts: 20688
Joined: 9/2/02
|
|
|
|
Orange Blooded [4812]
TigerPulse: 99%
Posts: 4860
Joined: 1/8/19
|
Re: So secretive ...
3
Apr 8, 2024, 3:17 PM
|
|
Yeah but Trumps gonna destroy the economy and start WW3 so don't you worry your pretty little head about what this administration may be up to.
|
|
|
|
|
Commissioner [998]
TigerPulse: 97%
Posts: 1442
Joined: 11/15/23
|
Re: So secretive ...
Apr 8, 2024, 3:21 PM
|
|
I mean, you guys are acting like the country is in shambles right now lol.
The last guy literally did try to overturn an election but sure, Trumps the good guy.
Enjoy paying for your trump bible.
|
|
|
|
|
All-TigerNet [11979]
TigerPulse: 100%
Posts: 10556
Joined: 9/19/01
|
Agree 34 trillion percent.***
1
Apr 8, 2024, 5:06 PM
|
|
|
|
|
|
|
Commissioner [998]
TigerPulse: 97%
Posts: 1442
Joined: 11/15/23
|
Yawn, your commemorative gold coin commercial is coming on soon
Apr 8, 2024, 5:55 PM
|
|
get ready to buy now
|
|
|
|
|
Hall of Famer [24834]
TigerPulse: 100%
Posts: 42617
Joined: 7/31/10
|
I'm just gonna use pennies... Ode to the Old West.***
Apr 8, 2024, 6:14 PM
|
|
|
|
|
|
|
All-TigerNet [11045]
TigerPulse: 100%
Posts: 8013
Joined: 10/18/16
|
|
|
|
|
110%er [5703]
TigerPulse: 92%
Posts: 12180
Joined: 9/28/08
|
Most of us know it is not shambles now
1
Apr 8, 2024, 7:22 PM
[ in reply to Re: So secretive ... ] |
|
but the current vector is in the wrong direction and we are quickly moving there.
But hey, I'm estimating a generation or two before the USA totally falls apart, so I will retire and live my life out generally devoid of effects from the progressive/communist government that is being established.
My kids and yours - not so much. They will be subjected to a USA that no one alive now has experienced.
|
|
|
|
|
Commissioner [998]
TigerPulse: 97%
Posts: 1442
Joined: 11/15/23
|
Re: Most of us know it is not shambles now
Apr 8, 2024, 7:23 PM
|
|
>Most of us know it is not shambles now
just lol
####
|
|
|
|
|
Orange Blooded [2027]
TigerPulse: 85%
Posts: 3094
Joined: 7/30/04
|
Re: Most of us know it is not shambles now
1
2
Apr 8, 2024, 7:44 PM
|
|
Is that why Bidans approval rating is sooo high?
|
|
|
|
|
All-TigerNet [11045]
TigerPulse: 100%
Posts: 8013
Joined: 10/18/16
|
Re: Most of us know it is not shambles now
2
Apr 8, 2024, 9:19 PM
[ in reply to Re: Most of us know it is not shambles now ] |
|
The deficit keeps growing and on April 1, 2024 it was $103,000 for every person in America. At the current rate it will take 20 years until it's no longer sustainable or when it hits 200% of the GDP. On the current trajectory, in 2045, it will be approaching $500,000 per person and Uncle Sam will come a calling. Good luck
|
|
|
|
|
CU Guru [1384]
TigerPulse: 97%
Posts: 1843
Joined: 1/2/20
|
Re: Most of us know it is not shambles now
1
Apr 9, 2024, 9:55 AM
[ in reply to Re: Most of us know it is not shambles now ] |
|
It is in shambles. Everything costs 3 times what it did 4 short years ago. NATO is going to make Ukraine a member which is going to trigger WW3. If us and NATO would’ve never messed around in Ukraine I fully believe Putin would’ve never invaded.
|
|
|
|
|
Oculus Spirit [81187]
TigerPulse: 100%
Posts: 56252
Joined: 9/13/04
|
We'Re DOOmEd!1!!***
Apr 9, 2024, 11:37 AM
|
|
|
|
|
|
|
110%er [7163]
TigerPulse: 96%
Posts: 9724
Joined: 10/6/21
|
Re: Most of us know it is not shambles now
1
Apr 10, 2024, 9:35 PM
[ in reply to Most of us know it is not shambles now ] |
|
It’ll fall apart before our generation has passed from this earth.
It’s small right now, but the BRICSS countries are rapidly de-dollars ing their economies. As the USA continues to increase its frequency to use the dollar as a weapon to punish foreign countries that do ‘not behave,’ doubt grows in other countries that the USA will punish them.
The concern that the USA will keep expanding our govt’s definition of what constitutes ‘bad behavior’ only makes the ‘full faith and trust in the US government’ backing of the dollar an increasingly risky investment. As of this time, the world’s biggest economies … with the exception of P.R.China … remain ‘addicted’ to the U.S. dollar. Much of this is because their own currencies are less reliable than the dollar. Still, we keep depending on friendly foreign countries to keep purchasing our new T-Bond issues.
The most obvious very short term crack in the economy is that the USA is struggling to sell enough T-Bonds to foreign countries at interest rates that our govt sees as being ‘not too expensive’ for us to want to pay. Therefore, the US isn’t raising the amount of money that we need to fund the Treasury. Thus, the Federal Reseve has been (to my understanding, for the 1st time in my life) issuing IOU’s to the Treasury instead of the full amount of actual funds that the Treadury needs. Some clues about these ‘cracks’ to the American consumer are seen when a person wants to make a quick large cash withdrawl from their bank. That has been the case, in some respects, for several years. The difference is that the value that constitutes ‘large cash withdrawl’ keeps getting smaller.
For the Federal Reserve to get the money needed to transfer to the Treasury and thus fund the economy, the Fed will need to agree to sell more T-Bonds at interest rates (I.e., higher interest rates) that satisfies the (higher risk levels) that are needed to balance the foreign governments’ risk / reward balance.
Doing this will cause more increases in the cost of money; higher borrowing costs will be the outcome.
(*). If rates get high enough, then our economy will start to contract. Contraction will lead to a stock market collapse, big declines in real 3state prices.
No one wants an economic contraction, but it is highly likely to happen.
(*). This will happen regardless of whether Biden or Trump or RFK Jr or, if were ’lucky,’ the next Administration after the coming one. Biden’s handlers didn’t do this entirely by themselves, but they greatly accelerated the not-distant-future / high-likelihood of such a disaster. If our govt stops with the enormous vote buying spending and ‘we are the hero of the world’ spending, then maybe we can muddle through with years of a stagnant / deeply recessed economy.
|
|
|
|
|
Orange Blooded [2027]
TigerPulse: 85%
Posts: 3094
Joined: 7/30/04
|
Re: So secretive ...
1
1
Apr 8, 2024, 7:44 PM
[ in reply to Re: So secretive ... ] |
|
It is moron. As bad as it's ever been
|
|
|
|
|
Commissioner [998]
TigerPulse: 97%
Posts: 1442
Joined: 11/15/23
|
Re: So secretive ...
Apr 9, 2024, 11:39 AM
|
|
This is as bad as it’s ever been? Lol
|
|
|
|
|
All-TigerNet [11045]
TigerPulse: 100%
Posts: 8013
Joined: 10/18/16
|
Re: So secretive ...
2
Apr 10, 2024, 7:03 PM
[ in reply to Re: So secretive ... ] |
|
$1.13 Trillion in credit card debt (6.4% past due =/> 90 days)
$114 Billion (and climbing) loss by Federal Reserve
CPI continues to rise and inflation reduction has stalled and starting to rise preventing an interest rate cut, thus, resulting in 10 of the 11 major market sectors posting losses.
At the end of the day, the dollar was stronger. Woohoo
|
|
|
|
|
Hall of Famer [24834]
TigerPulse: 100%
Posts: 42617
Joined: 7/31/10
|
Actual inflation (not rate of inflation) is up ~35+% under this administration.***
2
Apr 10, 2024, 7:22 PM
|
|
|
|
|
|
Replies: 17
| visibility 251
|
|
|