20% interest was manageable back in the '80s when the national debt was low, not when it's $34 fucking trillion and servicing the debt is 1/5 of tax receipts.
That's the dirty secret no one's talking about. The US is trying to steal push people into bonds, but bonds are shit too. We're spending the money on war and gibs, and other nations are seeing that and refusing to buy Treasuries. It's end-of-empire behavior.
I think the only good news now is that so many gen X'ers, millennials, and zoomers are so disillusioned with the financial sector that there may be real, genuine, political pressure into making the banks fail.
I'm not saying anyone's going to prison or anything, but I think there's a real chance that some politicians might actually get forced out of office if they participate in the bail out, regardless of which side of the divide they are on. It's even possible that we might find some common ground between the populist right & left.
20% interest was manageable back in the '80s when the national debt was low, not when it's $34 fucking trillion and servicing the debt is 1/5 of tax receipts.
That's the dirty secret no one's talking about. The US is trying to
stealpush people into bonds, but bonds are shit too. We're spending the money on war and gibs, and other nations are seeing that and refusing to buy Treasuries. It's end-of-empire behavior.The only good news is we have 13 carriers, but with the military's insane anti-white racialism, who the fuck is going to sail on them?
I think the only good news now is that so many gen X'ers, millennials, and zoomers are so disillusioned with the financial sector that there may be real, genuine, political pressure into making the banks fail.
I'm not saying anyone's going to prison or anything, but I think there's a real chance that some politicians might actually get forced out of office if they participate in the bail out, regardless of which side of the divide they are on. It's even possible that we might find some common ground between the populist right & left.
No one believes it. They are just saying it to make the next gullible idiot take the loss.