ScoobyDoo
NPC
Oh, great. We never ever ever learn.Oh my god, if I’m reading this right, more or less what they did with mortgages in 07 is what they did to treasuries. Jesus palomino
Oh, great. We never ever ever learn.Oh my god, if I’m reading this right, more or less what they did with mortgages in 07 is what they did to treasuries. Jesus palomino
Good.
Crash. Crash. Crash.
This country needs to touch the stove with both hands and the face.
Bring on the 30+% unemployment, the breadlines, the people dying in the streets.
Let’s rip the mask of pretense off of this oligarchic hellhole.
That's on purpose.Oh, great. We never ever ever learn.
US Treasuries will no longer be the gold standard for other countries to invest in knowing that that money will be safe.
No country will want to finance our debt. The US dollar will no longer be the standard currency in which global trade is conducted.
The US as a country, as an economic and military ally, will be marginalized. We'll be a minor player in global influence, only thing we'll have is a big army. And even that will be a Potemkin force after Hegseth gets done with it.
We'll be Russia. Just how Putin wants it.
Good. This country needs to burn. We all collectively to suffer.Jim, you know that scene in The Big Short where Brad Pitt yells at the other two guys for celebrating their massive winning trade? Yeah... This is like that except point in a significantly worse direction long term and almost irreversibly as I understand it. The bond basis unwind, assuming regulations are put in place to increase margin requirements, could represent the shift away from American debt as the safest security and... like a deep recession is one thing to cheer for. But this represents something so much worse. A depression would be a moderate outcome if things keep trending this way.
You should all read this article. It's dense and somewhat complicated subject matter, but it's laid out pretty well:
Can't learn if you can't eat.Good. This country needs to burn. We all collectively to suffer.
It is the only way this country will learn.
Oh you learn...you just learn the hard way.Can't learn if you can't eat.
Oh people will eat, you just don’t want to think about what they’ll be eating.Can't learn if you can't eat.
Sure seems that it shows how shortsighted vlad is. The entire EU is stepping up to meet his challenge, even when the US started to balk at supporting Ukraine, they got more involved. And NATO is more than just the US, thanks to his invasion of Ukraine, it has expanded right up to his borders. With countries that have a military industry as part of them.US Treasuries will no longer be the gold standard for other countries to invest in knowing that that money will be safe.
No country will want to finance our debt. The US dollar will no longer be the standard currency in which global trade is conducted.
The US as a country, as an economic and military ally, will be marginalized. We'll be a minor player in global influence, only thing we'll have is a big army. And even that will be a Potemkin force after Hegseth gets done with it.
We'll be Russia. Just how Putin wants it.
On the bright side, cities won't have rat and pigeon infestations anymoreOh people will eat, you just don’t want to think about what they’ll be eating.
What will the military do? Nothing. The army will serve and if they won't they will be arrested. Then we will reinstate the draft and military service will mandatory.
The military is not going to rise up...hell they aren't even pushing back against the easy stuff. They may hate the Hegseth but they don't hate Trump and they won't until they start dying en masse.
On the bright side, cities won't have rat and pigeon infestations anymore
Except the modern day oligarchs are too stupid and too greedy to actually take advantage of it.Yeah, they start breaking up into separate paramilitary groups.
And then the battle for survival starts.
It'll be an oligarchian paradise.