buying power of the u.s. $ crashing

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By walkingstick
8 Dec 2024 12:21 am in No Holds Barred Political Forum
11 posts • Page 1 of 1
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walkingstick
8 Dec 2024 12:21 am
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it has started. nations around the world dumping u.s. $'s. the end comes. we all new at some time congress would spend us into the poor house. will, they did. look at the freaks. stand with blank looks on their faces.  sad. the crash of the u.s. dollar has caused runaway inflation around the world. i was hoping the brics would save us. to late. so what. we will survive. sure hope the u.s. people learned, "ABOLISH  U.S. CONGRESS".
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walkingstick
8 Dec 2024 12:23 am
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SAD: PEOPLE LIVING TO 100. ONLY SAVED ENOUGH TO MAKE IT TO 80. AND INFLATION WILL DESTROY THEIR SAVINGS BEFORE THEY ARE 70. DUMB FINANCIAL PLANNERS.
 
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walkingstick
8 Dec 2024 12:28 am
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walkingstick » 08 Dec 2024, 1:23 am » wrote: SAD: PEOPLE LIVING TO 100. ONLY SAVED ENOUGH TO MAKE IT TO 80. AND INFLATION WILL DESTROY THEIR SAVINGS BEFORE THEY ARE 70. DUMB FINANCIAL PLANNERS.
THERE WILL BE FAR MORE OLD PEOPLE, OVER 70,  THAN WORKERS.. WHERE WILL THE MONEY COME FROM TO FEED AND SHELTER THE OLD? KILL EVERYONE OVER 70?
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Two If By Tea
8 Dec 2024 12:28 am
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walkingstick » 08 Dec 2024, 1:21 am » wrote: it has started. nations around the world dumping u.s. $'s. the end comes. we all new at some time congress would spend us into the poor house. will, they did. look at the freaks. stand with blank looks on their faces.  sad. the crash of the u.s. dollar has caused runaway inflation around the world. i was hoping the brics would save us. to late. so what. we will survive. sure hope the u.s. people learned, "ABOLISH  U.S. CONGRESS".
BRICS cant even agree on a currency to bargain with.

Sure some nations can trade hard goods but not all have what they need for straight up trade.

China is so dependant on the Dollar their economy would crash evem Jinping knows that plus they gotta over a billion mouths to feed as well they need our grain & pork

Russia would also like to use a USA DOLLAR once again made transactions much simpler for them too.

But we have this thingy called "Sanctions" dont tow the line ya cant use our dollar ya cut off the system.

But eventually we shall take sanctions way too far and the USA DOLLAR will be "shunned" on a massive scale 
 
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walkingstick
8 Dec 2024 12:31 am
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walkingstick » 08 Dec 2024, 1:28 am » wrote: THERE WILL BE FAR MORE OLD PEOPLE, OVER 70,  THAN WORKERS.. WHERE WILL THE MONEY COME FROM TO FEED AND SHELTER THE OLD? KILL EVERYONE OVER 70?
MILLIONS AND MILLIONS OF OLD PEOPLE WHO CAN NOT WALK NOR CARE FOR THEMSELVES. THAT IS THE FUTURE. AS PEOPLE LIVE OVER 100. WHAT'S THE PLAN ? ? ? ? SILENCE.
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walkingstick
8 Dec 2024 12:42 am
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TwoIfByTea » 08 Dec 2024, 1:28 am » wrote: BRICS cant even agree on a currency to bargain with.

Sure some nations can trade hard goods but not all have what they need for straight up trade.

China is so dependant on the Dollar their economy would crash evem Jinping knows that plus they gotta over a billion mouths to feed as well they need our grain & pork

Russia would also like to use a USA DOLLAR once again made transactions much simpler for them too.

But we have this thingy called "Sanctions" dont tow the line ya cant use our dollar ya cut off the system.

But eventually we shall take sanctions way too far and the USA DOLLAR will be "shunned" on a massive scale
EXCELLENT POINTS. NOW LETS THINK WHAT GETTING RID OF SANCTIONS WOULD DO TO THE PRICE OF OIL. MASSIVE SURPLUS WOULD HIT THE WOULD MARKETS. U.S. GAS PRICES WOULD DROP TO UNDER A DOLLAR. U.S. OIL FRACKING COMPANIES NEED OVER $65 OIL. THEY WOULD GO BANKRUPT. SANCTIONS DROPPED ON RUSSIAN GRAIN. FOOD INFLATION WOULD STOP. VENEZUELA SLUDGE  OIL WOULD CRASH. CREATING A BOOM FOR BLACKTOP COMPANIES. MANY WINNERS? YES LOTS OF WINNERS. MOSTLY THE U.S. HARD WORKING FAMILIES. (SOMETHING CONGRESS COULD NOT STOMACH). THE MORE WE BRAIN STORM, THE MORE WE CAN PLAN? NO. CONGRESS WILL STEP IN AND SCREW THINGS UP. FOR DUMB NEGATIVE CONGRESS, NOTHING WILL WORK.
 
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Two If By Tea
8 Dec 2024 12:50 am
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walkingstick » 08 Dec 2024, 1:31 am » wrote: MILLIONS AND MILLIONS OF OLD PEOPLE WHO CAN NOT WALK NOR CARE FOR THEMSELVES. THAT IS THE FUTURE. AS PEOPLE LIVE OVER 100. WHAT'S THE PLAN ? ? ? ? SILENCE.
Advancement in medicine & medical care have created quite a connundrum.

When Social Security started in 1930s life expectancy at that time was 60/70 years.

Basically people would age out and apply 4 benefits and litterally die like afew years later.

At that time something like 15/20 workers payroll taxes supported 1 retiree.

Today its like 3 or 4 workers and "Solvency" of the program is gonna come up again sooner than later.

But Social Security & Medicare are also the 3rd rail in politics even "Conservatives" wont cut them because all the Old folks would vote em outta office too.

So I think what that we really need 2 do is figure out how 2 refinance the programs.

Take Inflation into account we need to raise the Social Security Income Tax to about Half a Million Dollars keep fresh fudns rolling in


We should also "Means Test" if ya wealthy ya dont need Social Security & Medicare .
 
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walkingstick
8 Dec 2024 1:09 am
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TwoIfByTea » 08 Dec 2024, 1:50 am » wrote: Advancement in medicine & medical care have created quite a connundrum.

When Social Security started in 1930s life expectancy at that time was 60/70 years.

Basically people would age out and apply 4 benefits and litterally die like afew years later.

At that time something like 15/20 workers payroll taxes supported 1 retiree.

Today its like 3 or 4 workers and "Solvency" of the program is gonna come up again sooner than later.

But Social Security & Medicare are also the 3rd rail in politics even "Conservatives" wont cut them because all the Old folks would vote em outta office too.

So I think what that we really need 2 do is figure out how 2 refinance the programs.

Take Inflation into account we need to raise the Social Security Income Tax to about Half a Million Dollars keep fresh fudns rolling in

We should also "Means Test" if ya wealthy ya dont need Social Security & Medicare .
MIGHT I MAKE A POINT? CHANGE THE SS SYSTEM. WORK OR NOT , EVERYONE GETS THE SAME AMOUNT.  BUFFET DOES NOT NEED MORE THAN THE HARD WORKING SCRUB LADY. NO-NO-NO. GIVE EVERY ONE OVER 60 $1,200.00 A MONTH. HOUSEWIVES. OR BUFFET. ALL THE SAME. DROP TAKING IT OUT OF INCOMES. HAVE A SPECIAL NATIONAL 3% SALES TAX TO FUND SS. THIS WOULD COLLECT FUNDS FROM IMPORTS SOLD IN USA. HOW WOULD YOU SAVE SS? AND BENEFIT THE POOR PAID USA WORKERS AND THOSE WHO COULD NOT MAKE ENOUGH THRU THEIR LIFE TO QUALIFY? I BELIEVE IN HELPING ALL. AND NOT PROVIDE MORE MONEY FOR THOSE WHO DO NOT NEED MORE MONEY. THE ECONOMY BELONGS TO EVERYONE. RICH OR POOR.
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Two If By Tea
8 Dec 2024 1:55 am
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walkingstick » 08 Dec 2024, 2:09 am » wrote: MIGHT I MAKE A POINT? CHANGE THE SS SYSTEM. WORK OR NOT , EVERYONE GETS THE SAME AMOUNT.  BUFFET DOES NOT NEED MORE THAN THE HARD WORKING SCRUB LADY. NO-NO-NO. GIVE EVERY ONE OVER 60 $1,200.00 A MONTH. HOUSEWIVES. OR BUFFET. ALL THE SAME. DROP TAKING IT OUT OF INCOMES. HAVE A SPECIAL NATIONAL 3% SALES TAX TO FUND SS. THIS WOULD COLLECT FUNDS FROM IMPORTS SOLD IN USA. HOW WOULD YOU SAVE SS? AND BENEFIT THE POOR PAID USA WORKERS AND THOSE WHO COULD NOT MAKE ENOUGH THRU THEIR LIFE TO QUALIFY? I BELIEVE IN HELPING ALL. AND NOT PROVIDE MORE MONEY FOR THOSE WHO DO NOT NEED MORE MONEY. THE ECONOMY BELONGS TO EVERYONE. RICH OR POOR.
$12 hundred dollars a month are ya 4 real.

Ya cant rent an apartment in the crack ghetto 4 that these days.

But nobody really wants 2 crash the Real. Estate "Bubble" & bring prices back 2 earth neither
 
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ROG62
8 Dec 2024 3:37 pm
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walkingstick » 08 Dec 2024, 1:21 am » wrote: it has started. nations around the world dumping u.s. $'s. the end comes. we all new at some time congress would spend us into the poor house. will, they did. look at the freaks. stand with blank looks on their faces.  sad. the crash of the u.s. dollar has caused runaway inflation around the world. i was hoping the brics would save us. to late. so what. we will survive. sure hope the u.s. people learned, "ABOLISH  U.S. CONGRESS".
Get some sleep...
 
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Two If By Tea
8 Dec 2024 5:22 pm
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ROG62 » 08 Dec 2024, 4:37 pm » wrote: Get some sleep...
As ya get older ya dont sleep as well as ya once did.

You will go to bed at 9/10 0clock then wake up 2/3 in the morning too pee then ya cant get back 2 sleep so ya make a pot of coffee & turn on Metv watch Cannon & Barnaby Jones reruns then by 5:30 6am ya budgeted in a half hour & hour nap before ya gotta leave the house 4 work.

On lunchbreak ya take a quick snooze in your car but ya gotta buddy check on ya make sure ya back on time & ya do the same 4 him too
 
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