While I am certainly no economist, it appears that the USSA is behaving like an irresponsible debtor about to declare bankruptcy while buying a new wardrobe and scheduling an expensive vacation. The financial path the USSA is on is certainly heading for a dead-end and the only possible way to explain it is that the Military Industrial Complex (with its allies in congress and the corporate world) has opted for a Hail Mary play by pulling out all the stops in its efforts to destabilize and conquer Russia. It's as if our "leaders" are like a five-year-old playing 52-card-pickup with a deck of cards and they have no idea and no concern about Unintended Consequences.
Yes it does seem like vultures are starting to pick the carcass of our rotting Republic. My guess is the globalist banksters will forgive the countries debt who go with the global digital currencies and social credit score. So for now they can print money with impunity.
It is very disheartening. Though, it feels like the ruling class is really just getting their share before the whole things collapses. The one thing we have going for us though- we are still the best game in town (for now).
Check out my reply to Charles, plus one more thing I should point out is with the BRICS being a competition for the currency king. We will not be able to inflate our way out of the debt as easily because fewer people using the dollar will mean those that still do will absorb the devaluation. That being said, I agree with your bottom line, for now.
Someday the debt will come back to bite every man woman and child in the ass, but until that time the Drunkin Sailors will continue to spend, spend and spend. However the people doing the spending it will not effect, because they obviously got their cut.
Great title. Indeed, judging market tactics on "intentions" rather than outcomes is like ruling that Big Pharma's façade of "providing health-promoting drugs" is okie-dokie despite the fact that its products result in injury and death.
While I am certainly no economist, it appears that the USSA is behaving like an irresponsible debtor about to declare bankruptcy while buying a new wardrobe and scheduling an expensive vacation. The financial path the USSA is on is certainly heading for a dead-end and the only possible way to explain it is that the Military Industrial Complex (with its allies in congress and the corporate world) has opted for a Hail Mary play by pulling out all the stops in its efforts to destabilize and conquer Russia. It's as if our "leaders" are like a five-year-old playing 52-card-pickup with a deck of cards and they have no idea and no concern about Unintended Consequences.
Yes it does seem like vultures are starting to pick the carcass of our rotting Republic. My guess is the globalist banksters will forgive the countries debt who go with the global digital currencies and social credit score. So for now they can print money with impunity.
Thought provoking analysis, Bert. Maybe the Biden Crime Syndicate will soon start cutting weekly checks for all of us until next November.
Gold Diggers of 1933 - "We're in the Money" - YouTube
https://www.youtube.com/watch?v=UJOjTNuuEVw
That would not surprise me in the least. "Easy to. be generous with somebody else's money"
It is very disheartening. Though, it feels like the ruling class is really just getting their share before the whole things collapses. The one thing we have going for us though- we are still the best game in town (for now).
Check out my reply to Charles, plus one more thing I should point out is with the BRICS being a competition for the currency king. We will not be able to inflate our way out of the debt as easily because fewer people using the dollar will mean those that still do will absorb the devaluation. That being said, I agree with your bottom line, for now.
Great point about the BRICS--this should be huge news, but like many stories, it is going ignored.
Most people do not take the time to think these things thru. Especially sad when we consider the implications.
Someday the debt will come back to bite every man woman and child in the ass, but until that time the Drunkin Sailors will continue to spend, spend and spend. However the people doing the spending it will not effect, because they obviously got their cut.
They have sneaky ways of doing it, but when you realize most of them are millionaires while working for the government, it becomes obvious.
Great title. Indeed, judging market tactics on "intentions" rather than outcomes is like ruling that Big Pharma's façade of "providing health-promoting drugs" is okie-dokie despite the fact that its products result in injury and death.