Market all of a sudden looks sick

We're 37 trillion in debt. We have an open border where around 20 million illegals already broke in. We have outsourced manufacturing, including essential drugs and equipment, to countries we should consider enemies. We have a broken media and education system. Our youth aren't prepared to rule this country. Woke-DEI expectations have destroyed much of our competitive nature. You bet we're in for a fall.
 
We're 37 trillion in debt. We have an open border where around 20 million illegals already broke in. We have outsourced manufacturing, including essential drugs and equipment, to countries we should consider enemies. We have a broken media and education system. Our youth aren't prepared to rule this country. Woke-DEI expectations have destroyed much of our competitive nature. You bet we're in for a fall.

Our country isn't one to be "ruled".

As for the markets, we'll see. I still have concerns.
 
As Biden's faux economy is brought to light, combined with it's sticky inflation it's gonna be a rough ride for the market.

The fed will not be making any more rate cuts, likely for two-three quarters.....The 10-year treasury bond is up.

I just checked PenFed and interest has already broke through 7% APR (7.05%) for a home loan. It was just below 7% yesterday.
 
Now that Trump was elected, it's time for the Great Reset to be initiated.

Everything appears in place and the real experts , whom I listen to assiduously ,say it is about to roll over any time very soon .

At the simplest level , if the US Dollar loses 80% of its value then Debt also declines by that amount .
Possibly cute .

But if the agenda is somewhat more controlled , the US moves a good way back to the Stone Age .

Naturally the latter is preferred--- to put the good guys back in charge .
 
As an aside, inflation is, in reality, likely closer to around 10%

But again, officialdom doesn't historically deal in reality, but rather it peddles the distortion.
7+% on a 440K (median home price) loan isn't a distortion.....It's finance costs staring at you right in the face, likely for another 2 to 3 quarters thanks to Biden's sticky inflation.
 
We're 37 trillion in debt. We have an open border where around 20 million illegals already broke in. We have outsourced manufacturing, including essential drugs and equipment, to countries we should consider enemies. We have a broken media and education system. Our youth aren't prepared to rule this country. Woke-DEI expectations have destroyed much of our competitive nature. You bet we're in for a fall.
I'm gonna condense all of that into one word, "Bidenomics".
 

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