Another view: Washington is a crime scene and DOGE is performing as a forensic accounting operation (among other things). Current statistics and accounting fraud found by DOGE can account for greater than 50% of the spending for each and every Govt' agency, department, ngo's, etc. in existence. This would also imply that 50% of the outstanding US debt of $36 Trillion is due solely to fraud and theft! Therefore (in this simple example), Trump can write-off $18 Trillion of US Debt because we do not have to pay interest and principal on something that the "powers-that-be" had STOLEN AND decided to charge interest for stealing it! IF fraud and theft accounts for 70% of some of the gov't operations, then the debt write-off can be as high as $25 Trillion of the total outstanding debt of $36 Trillion!!
If Trump write's-off $18 Trillion to $25 Trillion of US debt, then ALL countries across the world will do the same... This ends ALL OF THE WORLD's CENTRAL BANKS including the "US" Federal Reserve (note: the Federal Reserve is a private corporation)! This would also collapse world stock markets...
Correct! and spot on. I'm not usually one that gets too deep into stock talk on this platform due to certain reasons but this was incredibly well written with a very good "what if" scenario - damn good answer. Many thanks for your input on this, as I know it will most definitely help many here in understanding what is and could happen along with the why. Much appreciated J4'
-cheers!🍻
I wrote this 8 months ago. Worth seeing again, I think.
Fed chair Paul Volcker figured it out in 1979. To squash jummy cooter's inflation, the market had to crash. He did it by raising the federal funds rate to over 17%, which dumped the economy on its ass, and caused the 80-82 recession. Which was followed, with few hiccups, by the longest bull run in history.
Inflation, and cheap energy are keeping the market floating right now. Legacy media's been doing a bang-up job covering for O'Biden. But people are noticing how hard their wallets are being drained for regular day-to-day items, and even luxury things, like food. He's all but drained the Strategic Oil Reserve. Home sales are stalled, Joe Lunchpail has to earn over 100k now to qualify for a mortgage that's double what it was four years ago. Home inventory average days remaining on market >78 days, reports out this month indicating sellers are having to cut asking prices. O'Biden's rapidly running out of wiggle room.
The crash is coming. Nothing can stop it at this point. It's now merely a race to which happens first - crash or election.
Update:
Three days before the Jan 20 inauguration, O'Biden's Treasury Secretary, Yellen said the gov't would run out of money the 21st. This was deliberate. Legacy media did a bang-up job covering for O'Biden, allowing him to dump this economic disaster on Trump's plate.
Home sales are stalled, Joe Lunchpail has to earn over 100k now to qualify for a mortgage that's double what it was four years ago. Home inventory average days remaining on market >60 days, reports out this month indicating sellers are having to cut asking prices. In 2025, housing affordability in the U.S. remains at it’s worst levels in decades.
The crash is coming. Nothing can stop it at this point. O'Biden's sole accomplishment was delaying it until after Trump took office, so he can shift the blame.
many thanks u/greatpumpkin and I apologize for re-posting something I'd not seen. I searched but evidently not enough so I am sorry but in the same breath - with what you've attributed here am glad to have done so. You've brought more to the table for anons to both see and understand. Yellen, housing and YES - exactly this: >O'Biden's sole accomplishment was delaying it until after Trump took office, so he can shift the blame.
many thanks again friend and your additional information to help further explain this here is very much appreciated!🫡 cheers 🍻
Cutting money for nothing reduces inflation. Deporting illegals reduces demand which reduces inflation. $2 Trillion of investment more than offsets the decrease in government spending. Tariffs have a trivial impact on inflation.
don't you wish everyone could see how simple that is? I'm no genius by any means. I do have a couple of degrees and have held a few good jobs but these twits today?... I mean, ..it's almost as if you are listening to them and all at the same time [inside your head] saying to yourself "is this person seriously thinking I'm understanding this, let alone even believing it??" either way, it makes me feel like Rutger Hauer in Blade Runner when he starts the speech "I've seen things.... you people wouldn't believe..." -surround yourself with them for very long and you'll become partially narcissistic from feeling so smart. lol 🍻
son of a bitch. damn. [all apologies for the cursing but good grief] that's just too damn much. yeah that needs to change and from what POTUS is doing so far as allowing our farmers more leeway and stopping the imports of meat and other ag products all while starting to do that here in our own Country will indeed make a difference, but I'm with you. That sure as shit doesn't help anyone out right now. Not sure where you live but if you can survive through the summer and then come fall/winter I'd be looking at hunting deer and stocking up. Keep that in your freezer and live off it for a pretty good while. 🍻
i'd be eyeballing the co's that POTUS has got coming into the US and as to what they'll be making. -look at the ancillaries afterwards and proceed to either buying or calling your broker. "patience is key as you said they'll be fine." good call Pb'. 🍻
he said there'd be an "adjustment💲 period" - there has to be. something can only be built back and built right only when its burned 🔥 to the ground and with such an insidious amount of corruption within our system- I believe he thinks as well as many others think, this is the only way. I trust him and think that this will educate many people on monetary values as well as what/who really controls interest among other things economically speaking.
it's not throwing the baby out with the bath water, horrible metaphorically speaking, ..it's a temporary adjustment.
perfect example look at Argentina and what their President has done. - either way, President Trump loves babies and would not throw babies ... i mean, what the hell man. sick. 😆👍
Oh please let the MOASS begin soon. 🙏
cheers to that xchain' 🍻
Yes please🙏
Another view: Washington is a crime scene and DOGE is performing as a forensic accounting operation (among other things). Current statistics and accounting fraud found by DOGE can account for greater than 50% of the spending for each and every Govt' agency, department, ngo's, etc. in existence. This would also imply that 50% of the outstanding US debt of $36 Trillion is due solely to fraud and theft! Therefore (in this simple example), Trump can write-off $18 Trillion of US Debt because we do not have to pay interest and principal on something that the "powers-that-be" had STOLEN AND decided to charge interest for stealing it! IF fraud and theft accounts for 70% of some of the gov't operations, then the debt write-off can be as high as $25 Trillion of the total outstanding debt of $36 Trillion!!
If Trump write's-off $18 Trillion to $25 Trillion of US debt, then ALL countries across the world will do the same... This ends ALL OF THE WORLD's CENTRAL BANKS including the "US" Federal Reserve (note: the Federal Reserve is a private corporation)! This would also collapse world stock markets...
Correct! and spot on. I'm not usually one that gets too deep into stock talk on this platform due to certain reasons but this was incredibly well written with a very good "what if" scenario - damn good answer. Many thanks for your input on this, as I know it will most definitely help many here in understanding what is and could happen along with the why. Much appreciated J4' -cheers!🍻
Correct.
I wrote this 8 months ago. Worth seeing again, I think.
Fed chair Paul Volcker figured it out in 1979. To squash jummy cooter's inflation, the market had to crash. He did it by raising the federal funds rate to over 17%, which dumped the economy on its ass, and caused the 80-82 recession. Which was followed, with few hiccups, by the longest bull run in history.
Inflation, and cheap energy are keeping the market floating right now. Legacy media's been doing a bang-up job covering for O'Biden. But people are noticing how hard their wallets are being drained for regular day-to-day items, and even luxury things, like food. He's all but drained the Strategic Oil Reserve. Home sales are stalled, Joe Lunchpail has to earn over 100k now to qualify for a mortgage that's double what it was four years ago. Home inventory average days remaining on market >78 days, reports out this month indicating sellers are having to cut asking prices. O'Biden's rapidly running out of wiggle room.
The crash is coming. Nothing can stop it at this point. It's now merely a race to which happens first - crash or election.
Update:
Three days before the Jan 20 inauguration, O'Biden's Treasury Secretary, Yellen said the gov't would run out of money the 21st. This was deliberate. Legacy media did a bang-up job covering for O'Biden, allowing him to dump this economic disaster on Trump's plate.
yellen
Home sales are stalled, Joe Lunchpail has to earn over 100k now to qualify for a mortgage that's double what it was four years ago. Home inventory average days remaining on market >60 days, reports out this month indicating sellers are having to cut asking prices. In 2025, housing affordability in the U.S. remains at it’s worst levels in decades.
housing
The crash is coming. Nothing can stop it at this point. O'Biden's sole accomplishment was delaying it until after Trump took office, so he can shift the blame.
many thanks u/greatpumpkin and I apologize for re-posting something I'd not seen. I searched but evidently not enough so I am sorry but in the same breath - with what you've attributed here am glad to have done so. You've brought more to the table for anons to both see and understand. Yellen, housing and YES - exactly this: >O'Biden's sole accomplishment was delaying it until after Trump took office, so he can shift the blame. many thanks again friend and your additional information to help further explain this here is very much appreciated!🫡 cheers 🍻
Cutting money for nothing reduces inflation. Deporting illegals reduces demand which reduces inflation. $2 Trillion of investment more than offsets the decrease in government spending. Tariffs have a trivial impact on inflation.
don't you wish everyone could see how simple that is? I'm no genius by any means. I do have a couple of degrees and have held a few good jobs but these twits today?... I mean, ..it's almost as if you are listening to them and all at the same time [inside your head] saying to yourself "is this person seriously thinking I'm understanding this, let alone even believing it??" either way, it makes me feel like Rutger Hauer in Blade Runner when he starts the speech "I've seen things.... you people wouldn't believe..." -surround yourself with them for very long and you'll become partially narcissistic from feeling so smart. lol 🍻
I'm confident he knows what he is doing.
ditto 100% 🍻
...looking forward to the winning that affects my household - paid $7/# for locally produced ground beef today..
son of a bitch. damn. [all apologies for the cursing but good grief] that's just too damn much. yeah that needs to change and from what POTUS is doing so far as allowing our farmers more leeway and stopping the imports of meat and other ag products all while starting to do that here in our own Country will indeed make a difference, but I'm with you. That sure as shit doesn't help anyone out right now. Not sure where you live but if you can survive through the summer and then come fall/winter I'd be looking at hunting deer and stocking up. Keep that in your freezer and live off it for a pretty good while. 🍻
So the president wants the stock market to crash, which will wipe out untold numbers of people financially? Hmmm 🤨
Stocks go up and down. As long as people don't sell,they should be fine.
i'd be eyeballing the co's that POTUS has got coming into the US and as to what they'll be making. -look at the ancillaries afterwards and proceed to either buying or calling your broker. "patience is key as you said they'll be fine." good call Pb'. 🍻
That’s nice in theory but once the fear factor kicks in, panic ensues.
Smart ones will listen to Trump.
Dumb ones will panic sell.
It's going to be a little messy cleaning up this mess.
Their is no other way.
Same as the vax.
This will kill a lot less people..lll
That is called a "buying opportunity".
Fortunes were made during The Great Depression.
A lot of stocks are way over inflated.
They are pumped up so banks and hedge funds have colateral.
MOASS will fix this in a hurry.
he said there'd be an "adjustment💲 period" - there has to be. something can only be built back and built right only when its burned 🔥 to the ground and with such an insidious amount of corruption within our system- I believe he thinks as well as many others think, this is the only way. I trust him and think that this will educate many people on monetary values as well as what/who really controls interest among other things economically speaking.
I doubt President Trump will throw the baby out with the bath water.
it's not throwing the baby out with the bath water, horrible metaphorically speaking, ..it's a temporary adjustment. perfect example look at Argentina and what their President has done. - either way, President Trump loves babies and would not throw babies ... i mean, what the hell man. sick. 😆👍