Stock Market is f*cked

[Doomsday Dallas]

[Baller234]

Where are all the MAGA posters?

Where all the anti-Trump posters?




Off The Court?
TheMan?
HIGHwhey?
Bill Gates?

[Doomsday Dallas]

[highwhey]

WINNING!

[rmt]

I highly recommend the series The Great Melt Up (4 episodes) which explains why/how the government will continue to inflate away because of the debt:

[Bill Gates]

People have been fear mongering over the US Debt for decades but they don't understand it. As long as the economy grows at a faster rate than the interest, we are fine. Most of the National Debt is debt that we owe ourselves. Interest payments aren't a problem, or the FED would lower interest rates. And the FED can lower all the way to 0%. If interest rates were an issue? We would just print the money to pay for it.

Literally the only thing to fear is inflation, that the US prints so much it devalues it all. But currently the US Dollar is outpacing other currencies who are all printing up just like us. Every country in the world uses fiat, and they use fiat because Governments can easily print their way out of problems. If countries ran on just gold? Or just BTC all by itself? They would be completely screwed whenever an expensive disaster shows up. Because you can't just print those things up and pay your way out of it.

[Doomsday Dallas]

Video is 7 years old, before Covid hit, Buffett says “unless we do something stupid”

Printing 8 Trillion dollars to fight COVID qualifies as something stupid.

Let’s see what other X-Factors get thrown our way that we can print money for the solution and run up our national credit card. Right now we are vulnerable.



Also… what kind of national debt does Russia have? Why are they being conservative with their debt?




Secondly…. The cost of living has made it more difficult for Gen Z to live the way Gen X did. We’re in a steady decline…. And Generation Alpha will have it that much worse. The upper class homeowners don’t notice, but middle class folks that pay rent, living paycheck to paycheck feel it. You have 30 & 40 year olds moving back home with their parents, cause you need $75k to live comfortably… what kind of savings are these people accumulating? Nothing.

Who are liberals trying to help? The upper class? Excessive Spending does nothing to help the lower class.

[Bill Gates]

It doesn't matter what Russia is doing. Currently there is no viable alternative to the US Dollar's Reserve Status. It's safe for the foreseeable future. The closest things would be the Euro and Yen, both of which have lost ground the Dollar. The covid crisis actually did wonders for the US Dollar as almost every other country faired much worse than the US did.

Honestly, Russia would probably have a lot more growth if they decided to spend like the US and create jobs for themselves. You can not CREATE anything without spending. Russia actually tried to create it's own silicon valley there, and the Government spent a few Billion trying. Because they are now seeing you have to do that to keep up.

And liberals are not in charge, conservatives are.

[Doomsday Dallas]

And liberals are not in charge, conservatives are.

No, liberals today are ignoring all the good things Bill Clinton did and he was very mindful of the National Debt.

You would ideally want to have about a 60% Debt to GDP ratio… we’ve been over a 100% for a decade. It was only that high during WW2.

Yes, it would be nice to have the Government pay off your student loans, provide free health care, unlimited welfare, and bailout every big corporation that fails… but it’s only kicking the can further down the road for somebody to pay the bill (future generations).

Wages do not keep up with inflation, basic necessities like food, energy, insurance and rent are not allowing Gen Z to be self sufficient.

Do you really think the trend wont continue for Gen Alpha & Beta? It will only be that much worse until there is a solution for affordable housing.

Gen X is living off the inheritances of Baby Boomers and Credit Cards… once that money is taxed and gone, it’s quite possible we will see a Great Depression… especially if we have another COVID like X-Factor that forces us to print another 10 trillion.

It’s all a big bubble waiting to pop. Commercial Real Estate will be a big part of that bubble.

[Bill Gates]

Yes, it would be nice to have the Government pay off your student loans, provide free health care, unlimited welfare, and bailout every big corporation that fails… but it’s only kicking the can further down the road for somebody to pay the bill (future generations).

No one has to pay the bill. That is the flaw in your understanding. We can "kick the can" forever.

The interest payments are it, and again, right now that is not an issue. If it was an issue? The FED would lower interest rates. But we can afford it right now. They can make interest 0% if they wanted.

Debt to GDP ratio doesn't matter nearly as much as Interest to GDP. And we are in control of interest rates.

You brought up college loans. Payments on those were actually turned off during covid. That is because our Gov can do that. It's different than a personal loan from a bank. The FED loans don't need to be paid off at all.

This is why Warren Buffett said it would have to be a monster mishap.

[rmt]

People have been fear mongering over the US Debt for decades but they don't understand it. As long as the economy grows at a faster rate than the interest, we are fine. Most of the National Debt is debt that we owe ourselves. Interest payments aren't a problem, or the FED would lower interest rates. And the FED can lower all the way to 0%. If interest rates were an issue? We would just print the money to pay for it.

Literally the only thing to fear is inflation, that the US prints so much it devalues it all. But currently the US Dollar is outpacing other currencies who are all printing up just like us. Every country in the world uses fiat, and they use fiat because Governments can easily print their way out of problems. If countries ran on just gold? Or just BTC all by itself? They would be completely screwed whenever an expensive disaster shows up. Because you can't just print those things up and pay your way out of it.

This video is even more than 7 years old - it's from the 2013 Fortune Most Powerful Women Summit (12 years ago) - lol. US debt was 13.7 trillion dollars back in 2013 - it has 2 1/4 times since (over $37 trillion).

The government will inflate the dollar as it is not politically palatable to reduce spending. IOW, INVEST (in stocks, real estate, gold, silver or bitcoin if you prefer) to keep up.

[rmt]

No one has to pay the bill. That is the flaw in your understanding. We can "kick the can" forever.

The interest payments are it, and again, right now that is not an issue. If it was an issue? The FED would lower interest rates. But we can afford it right now. They can make interest 0% if they wanted.

Debt to GDP ratio doesn't matter nearly as much as Interest to GDP. And we are in control of interest rates.

You brought up college loans. Payments on those were actually turned off during covid. That is because our Gov can do that. It's different than a personal loan from a bank. The FED loans don't need to be paid off at all.

This is why Warren Buffett said it would have to be a monster mishap.

I just smh at your reasoning. You think the Fed can just willy-nilly lower interest rates? If they lower interest rates, there is the threat of inflation and WHO is going to buy treasury bills at LOWER interest rate when they are now doubting that the US government is good for repayment because of this tremendous debt?

[Bill Gates]

I just smh at your reasoning. You think the Fed can just willy-nilly lower interest rates? If they lower interest rates, there is the threat of inflation and WHO is going to buy treasury bills at LOWER interest rate when they are now doubting that the US government is good for repayment because of this tremendous debt?

I said earlier that inflation is literally the only real thing to fear here -

Literally the only thing to fear is inflation, that the US prints so much it devalues it all. But currently the US Dollar is outpacing other currencies who are all printing up just like us. Every country in the world uses fiat, and they use fiat because Governments can easily print their way out of problems. If countries ran on just gold? Or just BTC all by itself? They would be completely screwed whenever an expensive disaster shows up. Because you can't just print those things up and pay your way out of it.

[Doomsday Dallas]

No one has to pay the bill. That is the flaw in your understanding. We can "kick the can" forever.

Inflation pays the bill. That's kicking the can down the road.... Wages don't keep up with inflation.

Your average 18-22 year old cannot just pack their things and leave the nest to go live comfortably in a one bedroom apartment like they could in the year 1999.

after rent, food, utilities, and transportation bills are paid there's nothing left to spend.



Granted that it's not 3rd World Conditions.... But society should want things to be more affordable for their children and it's the exact opposite.

[Hey Yo]

Stock market near an all-time high