Liberal Forum

Read very "Carefully" might actully learn something too..

https://economicprism.com/are-you-unkno ... e-mission/
 

"The transfer of wealth from workers and savers to the government and the big banks rolled on this week with Swiss-like precision. The process is both mechanical and subtle. Here in the USA the automated elegance of this ongoing operation receives little attention.

NFL football. Holiday BOGO offers. Trump’s cabinet picks. Hunter Biden’s pardon by the big guy. You name it. Bread and circuses like these – and many others – offer the American populace countless opportunities for chasing the wild goose.

All the while, and with little fanfare, debts are piling up like deadwood in Angeles National Forest. These debts, both public and private, stand little chance of ever being honestly repaid. The obligations extend well above what the economy can support.

The national debt is now over $36.1 trillion. But that is only a small piece of the picture. Unfunded liabilities – like Social Security, Medicare, federal debt held by the public, and federal employee and veteran benefits – amount to over $221.4 trillion. If you’re a U.S. citizen, your share of this pile is over $645,322.

Nonfinancial sectors household and business debt is now over a combined $41.6 trillion. Certainly, a portion of this private debt will be defaulted on during the next credit crisis and recession. But when it comes to the public debt, Washington will do everything it can to prevent an outright default.

The Federal Reserve is once again cutting the federal funds rate in the hopes of easing the Treasury’s borrowing costs. So far, the rate cuts have been a failure. Since the Fed started cutting rates on September 18, the yield on the 10-Year Treasury is up 47 basis points.

If Treasury rates keep moving against the Fed, you can expect another round of QE to artificially suppress "

We as a Nation only got so much $$$.

How long are we gonna keep propping Wall-Street & Insane housing prices.

Ya know as well as I do the Bubble must be "Popped" and the blood-letting & a massive "Recession" awhile.

Keep kicking the can down the road it will be much worse because eventually we are gonna have a Massive Recession once again

2007/2008 be like a picnic in the park compared to whats coming.

Forget Billions its now "Trillions" with a T

We also need to "Reign" in the FED Reserve but Donald Trump aint that man.

Infact Donald Trump once suggessted hes a buisness man and should set Interest Rates himself.

https://youtu.be/tnFIS7ctSUk?feature=shared

Wanna really get the "Fed" outta your money

The only solution is a "Hard Currency" go back 2 fixed Gold Dollar.

I wanna see pocket change stamped in silver again too.

When ya threw a Half Dollar or a Quarter out it made a distinct sound hitting the counter

Why is Government "Afraid" of Real $$$

Because people could actually $ave that my Uncle back in the 1960s/1970s he saved up Change and hadda dozen coffee cans full of silver dimes, quarters & half dollars

People today are freaking dumb too


Oh my Gosh we cannot live withouy Netflix or the latest 5g Phone.

Ya know something I know people well over a Hundred Grand per year & they are "Piss Broke" dont even got $20 bucks in their pocket if ya needed borrow afew bucks

Nobody wants to Adress "Real Issues"

Fine by me Ill keep talking 2 myself

The CAPE ratio is yet another method to judge how to play craps. Betting a trend.

The bottom line for the article is it confirms what savers and old folks have said for DECADES.
Inflation is a generational tax. Lots of people actually make money off this dry orgy.
One of my favorites is George Soros. The creepiest guy on Earth...

Another interesting thing in the article is that it points out that these ills are worldwide.
Points it out more than once.

TwoIfByTea » 06 Dec 2024, 7:28 pm » wrote: ↑

06 Dec 2024, 7:28 pm

Read very "Carefully" might actully learn something too..

https://economicprism.com/are-you-unkno ... e-mission/

good article...

if you are holding money, you are poor. look at the lose of usa dollar power over the last 50 years. and the acceleration of the dollar lose over the past 4 years. over the coming decade the usa dollar will lose all buying power. become worthless. making all your usa bonds worthless. question: how will usa people trade? congress will make it illegal to hold gold, silver or foreign money. amazing, all congress does is make life miserable for usa peasants.

DeezerShoove » 07 Dec 2024, 8:30 am » wrote: ↑

07 Dec 2024, 8:30 am

The CAPE ratio is yet another method to judge how to play craps. Betting a trend.

The bottom line for the article is it confirms what savers and old folks have said for DECADES.
Inflation is a generational tax. Lots of people actually make money off this dry orgy.
One of my favorites is George Soros. The creepiest guy on Earth...

Another interesting thing in the article is that it points out that these ills are worldwide.
Points it out more than once.

The ills are world-wide due to the US debt Dollar and it's dominance over the global banking system.
Which is why The BRICS wants out ....
and are working to disconnect themselves from what they perceive as a corrupt system based on debt and debt spending.....
They realize that eventually the bubble will burst and don't want to go down in flames like the West ...which is on the precipice of default.

 

replace your congress things with sex dolls. this way you could screw your congress things, rather than congress things screwing you.