Turtlesoup
Diamond Member
- Aug 10, 2020
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Oh my gawd----the economy is on a sugar rush now that is going to result in a giant tummy ache here soon enough. Then likely acting like sugar on a diabetic... causing massive long term damage. Inflation is setting in and when the interest rates start to go up ---------------------the cost to maintain this debt will destroy our economy and dollar.Chicken little sky is falling! The economy has been resilient through a pandemic, it is not weak. The current noise in the economy is a result of high savings rates, pent up demand, low inventories, an inconsistent supply chain, and some money that was not means tested and became discretionary.
There is no underlying issue that isn’t a derivative of the above. Are debt ratio is higher than optimal but no where near a problem. Yet.
Meaning that we won't be able to buy parts for our military or ourselves--------lots of hungry people are coming and CHINA IS going to step in both financially and with their military to take over. The US will no longer be able to stop the bad guys from around the world attacking ---which means wars as the dictators try to take over all over.
Destroying the $$$ is meant to switch the US to a global currency which is bad bad for the US.....its a way for the communists and globalists to seize control of the unruly US citizens. Last I heard that wanted first Canada, the US, and Mexico to combine for a currency that would then eventually merge into a more global currency. The Chinese have set up a chinese cybercurrency which I think they are hoping to be the global currency of the future for all especially americans.
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