by Patrick ➕follow (60) 💰tip ignore
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So it looks like interest rates will be forced to rise further, forcing house prices lower.
Wouldn't it be cool if we could put $250,000 in an FDIC savings account and get $1,000 a month income?
the US Treasury is borrowing money from Americans and foreigners to pay to welfare queens, health care for illegals, giant pensions for retired government goldbricks, etc.
Of the 3 ratings companies, Moody's, Standard & Poor's, and Fitch, why is it always fitch that lowers ratings first?
Don't forget the hundreds of billions in gifts to US weapons makers as "aid" to Ukraine.
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Forget nothing but don't spread bs either:
Also don't forget $350B of Soviet money stuck in the West which are used to pay for this adventure.
You are joking, right? Plenty of credit unions are offering 1-year CDs that pay 5%. That would be your $1,000+ per month right there.
Forget nothing but don't spread bs either:
Isn’t the fitch downgrade a total nothin burger? It’s due to the risk that the debt ceiling talks result in a no-deal at some point. Which we all know they won’t.
Would anyone in their right mind buy bonds from Mexico, Canada, Germany etc over US treasuries? We are THE power house. King dollar. Nobody even comes close.
Would anyone in their right mind buy bonds from Mexico, Canada, Germany etc over US treasuries?
Rubicon says
Would anyone in their right mind buy bonds from Mexico, Canada, Germany etc over US treasuries?
Who in their right mind would buy US treasuries?
You lose money on it every year. Another investment in just about ANYTHING else is better.
Right, it's the wrong question. Why would anyone buy treasuries that are paid back with inflated fiat. Mostly foreign nations/players who are betting that the currency they are paying with devalues faster than the dollar. The Euro has actually outperformed the dollar lately again since the big dip in fall 2022, although it's in the middle of its all time channel, roughly between $0.50 and $1.50
No other country comes even close to dethroning us. Don’t waste your time with the downgrade. It doesn’t matter.
“military lies us into endless wars,”
The military has no say in who they fight. ALL wars are started by politicians.
t "ex" military representing the Offense Contractors
richwicks says
t "ex" military representing the Offense Contractors
Look at the Hunter Biden laptop memo sent to social media and mainstream media. A lot of the signatures were not Democrat ideologues and socialist kool aid drinkers like John Brennan. Some of the signatures are from Republicans, at least RINO's or "moderates" who have ties to the military establishment and contractors.
And the same RINO's are making sure Birdbrain Biden returns favors to them for signing that Hunter Biden laptop memo.
.
The sociopaths don’t just kill for money, they kill for power, the blood lust, and to placate their master, Satan.
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