Money & Economics

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Look Squirrel!
(just don't question the math and you'll be fine)

Speaker Johnson's claim of $1.5T in savings is a sham. These aren't real cuts, just a slowdown in future spending. Deficits will still balloon

House Passes GOP Budget Plan After Johnson Tames GOP Revolt​

 
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Look Squirrel!
(just don't question the math and you'll be fine)

Speaker Johnson's claim of $1.5T in savings is a sham. These aren't real cuts, just a slowdown in future spending. Deficits will still balloon

House Passes GOP Budget Plan After Johnson Tames GOP Revolt​


Global USA dollar liquidity, USA debt is an important part of the equation.

first goal is to get the debt level manageable .. higher interest rates are going really hurt.

Ideally the US needs to roll back the massive debt it created in the last 20 years imho
 
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Not gonna do that with this Congress

"Refinancing" the debt with bonds paying less interest is the only way. That and straight up bailouts, which I expect we'll see next.

Of course driving down interest rates on bonds (yields) will hurt people like me who enjoy fixed income of 4-5%. They'll try to drive everyone back into the market where they can manipulate it easier and fuck us faster

Gold.Bourbon.Ammunition
 
I never really thought about the knock on effects, ripple effects of the 1930s America first Tariffs ..

Smoot–Hawley Tariff Act
1930 U.S. trade law placing and raising tariffs on tens of thousands of imports

 
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lol .. man, I really wanted to see that article ..

searching for it got me this one .. hmm

View attachment 218913

so guess i have to dig some more


What a load of bullshit

Problem is they're right about 90+% of the time... and its an aggregator site

But some folks like to claim everything they read that doesnt say RUSSIA BAD at the top of the page MUST be Russian propaganda... LOL
 
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Modelo sales are down ..