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1
Misc
2026 Jan 20, 10:59pm
Yeah, we have a decent amount of Federal debt, but our corporate debt is about the same amount.
Overall, the household sector is extremely strong on its balance sheet. Record financial assets including record amounts of cash (money markets/savings .etc). Record amounts of physical gold/silver. Unemployment rate of 4.4%, and the trillions of investment Trump negotiated to be deployed into the country is starting to happen. Trump is also working on increasing homebuilding, so if interest rates fall some more tere could be more construction and more younger couples being able to buy homes Also, record amounts of housing equity.
America is in a strong position, especially when you compare it to any other country in the world.
Japan has a larger debt market than the US, hence more money, but things are going pear shaped there, and their currency could go the way of toilet paper. Think 3rd world levels on inflation.
People can still use the Euro as a currency, but it too could disintegrate overnight. Soooooooo much bad debt that is just not spoken of. .More obligations coming up for the Euro governments, but they've really reached the boundaries of what they can tax their people.
China has bad debts that make everything else look petty.
India: there is a reason they import the world's highest amounts of gold and silver. The locals simply have no faith in their currency.
If the US needs to cut back on Federal spending we can lower interest rates and let the household sector go into much more debt by mortgages on their newly built homes.
Again we are by far in the best place in the world.
Overall, the household sector is extremely strong on its balance sheet. Record financial assets including record amounts of cash (money markets/savings .etc). Record amounts of physical gold/silver. Unemployment rate of 4.4%, and the trillions of investment Trump negotiated to be deployed into the country is starting to happen. Trump is also working on increasing homebuilding, so if interest rates fall some more tere could be more construction and more younger couples being able to buy homes Also, record amounts of housing equity.
America is in a strong position, especially when you compare it to any other country in the world.
Japan has a larger debt market than the US, hence more money, but things are going pear shaped there, and their currency could go the way of toilet paper. Think 3rd world levels on inflation.
People can still use the Euro as a currency, but it too could disintegrate overnight. Soooooooo much bad debt that is just not spoken of. .More obligations coming up for the Euro governments, but they've really reached the boundaries of what they can tax their people.
China has bad debts that make everything else look petty.
India: there is a reason they import the world's highest amounts of gold and silver. The locals simply have no faith in their currency.
If the US needs to cut back on Federal spending we can lower interest rates and let the household sector go into much more debt by mortgages on their newly built homes.
Again we are by far in the best place in the world.
2
stereotomy
2026 Jan 21, 10:41am
stereotomy
2026 Jan 21, 10:41am
As long as roughly 80% of world trade is done in USD, the reckoning can be postponed. The US can use seigniorage to export the worst of dollar debasement/inflation to the rest of the world.
I just saw stats on central bank gold buying - for the last 2 years, the number of tons being bought has been at all-time highs. I'm looking to see when the CB's stop buying and start selling. Until then, I'm hodling PM.
End game as near as I can make it - the USD ceases to be the world's reserve currency, everyone dumps Treasuries, dollar collapse followed by gold revaluation and/or confiscation (it's a lot easier to do the latter today).
I just saw stats on central bank gold buying - for the last 2 years, the number of tons being bought has been at all-time highs. I'm looking to see when the CB's stop buying and start selling. Until then, I'm hodling PM.
End game as near as I can make it - the USD ceases to be the world's reserve currency, everyone dumps Treasuries, dollar collapse followed by gold revaluation and/or confiscation (it's a lot easier to do the latter today).
We can be forced into austerity.
Major war.
I dont think we have the cohesion a county needs to go any other rought and I dont think it will be peaceful.
Do any of you guys see another way?