Only $180 billion?
The federal budget is $6.8 trillion. $180 billion is not enough saving to notice.
I still stand by this. It’s all playing out.
But can we admit it’s A LOT of money? I’m not saying it makes a difference but that’s a shitload of money
How much is it then? I really don’t knowYou believe wrong, so far.
There's a consensus that America's Smoot-Hawley Tariff Act was at least one causal factor in the Great Depression, which had global effects.
If that even is a net saving. It might not be, when the economic effects of slashing all those governmental functions and programs are factored in.
First of all, I appreciate your response. You’re obviously well educated in historical finance.
. The crash isn’t what we have to worry about. It’s the sovereign debt crisis that happens when our money is debased and no one wants our bonds. That’s game over! But guess what happens in that scenario….markets rocket higher because the money is worth less. The melt up is the dooms day scenario….not the crash Here it is from WSJ:
How much is stalled by bullshit liberal judges trying to stop progress?Only $180 billion?
Lol, just kidding. Someone is going to say they only saved $180 billion not knowing that it equals 180 thousand million dollars. It’s hard to wrap your head around how much money that is. We’re all just trying to get a couple million dollars to retire….much less 180 thousand million dollars. I think we should say it that way so we can try to wrap our mind around that amount of money. It’s wild
Nothing going on or being attempted in this admin deserves the name of "progress."
So maybe it’s like $40 billion?
You just explained everything sooooo perfectly!!! Everyone would get along if they didn’t know each others political point of view. When do we get back to those days?
Rage is his argument; volume is his evidence. When the facts don't favor them, they throw tantrums instead of thoughts.
I keep hearing "once the supply runs out" but it seemed like during covid the supply ran out almost instantly.
you need to factor in foreign exchange and the dollar. The value of the dollar and it's value to other currencies is worrisome to the bond market. 10 year is at 4.49% and heading north. FX eur/$ is 1.12. That is causing problems and driving higher interest rates.
You’re right, the rates are going higher on treasuries. I think that’s bullish actually. With the lack of demand for treasuries, the government is starting to buy their own bonds by printing money. This is quantitative easing without doing quantitative easing. Anytime they print money out of thin air, asset prices usually go up, not down. I think all roads lead to markets going higher.
bullish? maybe your opinion but not my opinion. i think its bear'esque and migrating toward bear market. the bond markets are not happy with the volatility and unstable government policies. the higher rates are due to drop in investors, notably foreign investors, wanting to buy american debt. the rates will go up to entice investors to buy more debt. inflation is on the way when governments start printing more money. the f/x is another tell-tale sign that america has lost some luster as the safe haven for investors. As for the markets going hire, we will see. Right now they are taking the down elevator to the bargain basement. As for bitcoin, I'm with Warren Buffett when he called bitcoin, avoid it.You’re right, the rates are going higher on treasuries. I think that’s bullish actually. With the lack of demand for treasuries, the government is starting to buy their own bonds by printing money. This is quantitative easing without doing quantitative easing. Anytime they print money out of thin air, asset prices usually go up, not down. I think all roads lead to markets going higher.
Buy Bitcoin…it was literally created for this
