Debt limit will be reached in a few days. Dems still refuse to cut spending.

Into the Night said:
I agree. It's only a matter of time.

The crash will be a cash crash. The cash will simply become worthless or next to worthless. Indeed it's already in progress.

Hard assets are king right now. Best place to put your wealth. That will become even more important the longer this crash progresses.
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As we see when we look at who is buying farmland...and the new slum lords who are buying up houses.
 
Phantasmal said:
Ignorant people who don’t understand that we’ve already spent the money, this just pays the bills.

The ignorant Trumpublican Freedom cacas don’t seem to understand how much damage this will do.
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They didn't run on a platform of knowing anything, because they don't.

They ran on pandering to the under educated, and it shows.
 
Text Drivers are Killers said:
As always the swamp media blames the GOP for not raising the debt ceiling but the real villains are the dems who cause inflation by printing up trillions of dollars in freebies to buy votes.
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I would not cut any spending either, due to threats from some crackpot freedom caucus?!! If they want a spending cut, repeal that asinine 2017 Trump tax cut, that's 1.9 trillion dollars, there is your cut in spending?!!
 
NiftyNiblick said:
Good point.

The truth is, however, that we're both betting on and riding a dead horse.

Post industrial American is a house of cards. It's essentially a Ponzi scheme or a stock scam. If you make nothing, your economy is based on nothing--it's an illusion and nothing more.

The deindustrialization of America would not have taken place under socialism.
It is entirely a product of American Free Enterprise.

Corporate executives moved their manufacturing overseas for short term profits, and in so doing, effectively brought down our nation.
They had the "FREEDOM" to do so. They had no rules. It was pure American capitalism.

But AssHat, it's too late to worry about globalization now. The horse is out of the barn. America is fucked, and the world knows it.

A single, planet-wide socialist government may be humanity's best chance, now, NOT because it's a good idea but because we may have left ourselves no choice.
And it will probably be Chinese people running it. They seem to be the ones with the brains.
I'm glad that I won't likely live to have to see it.
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It is socialism that is causing all of America's problems, dumbass.
 
AssHatZombie said:
post industrial / consumer society is an idiot term to make outsourcing as much as possible seem good in some way.

tariffs would stop all this, yet you oppose them.

globalist idiocy is a race the bottom, for idiots.

why do you believe in globalist fanaticism?

nothing is inevitable.

there is no fate.

everything can change in a flash of jesus's wonderful smile.
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Tariffs do nothing to stop government from overspending.
 
NiftyNiblick said:
Well, here is your problem, AssHat.
If we don't buy foreign-made things, we'll have nothing to buy at all because we no longer make jack shit domestically.
We've disemboweled our production capacity. The damage is done. Selfish capitalism has destroyed America.

The destruction of America is a fait accompli,
and you, it seems, are too much of a "true believer" to notice that you're living in a dystopia that's already manifested itself.

If your advice were to be taken, it needed to happen before Nixon sold us to China.
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Many things are made in the States. You are writing fiction again.
Whether anyone buys foreign made goods or not has nothing to do with government overspending.
 
AssHatZombie said:
we can go back to making things domestically. doy.

it's not accomplished.

the great reset is dying on the vine as the goals of the anti-human fucktards come into sharp focus on a massive scale.

:truestory:
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We already do make things in the States, dude.
Clothing, shoes, food, lumber and other building products, aircraft, cars, leather goods, software, ... all made in the States.
 
Into the Night said:
Since 1980, the dollar has been devalued to only 7% of it's value. In other words, in general, what costs a dollar today cost only 7 cents in 1980. This inflation is the direct result of printing money faster than wealth being increased due to economic activity.
Confidence in the dollar is waning. People are already looking for another currency to use.
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That not true. You saying prices are up 14 fold in the last 42 years.???? That is 6.5% inflation per year! Maybe in stocks or housing but that's it.
 
Joe Capitalist said:
Biden had already cut spending, unless you think the Treasury Department is fake News:
BREAKING: Joe Biden scores a HUGE win as the Treasury Department announces that the U.S. federal budget deficit fell from $2.6 trillion to $1.4 trillion in 2022 — proving Democrats are far more fiscally responsible than Republicans with their rich tax cuts.
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Lie.
Biden has not cut spending.
 
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