Trump's focus is on fixing the economy. It's a bigger problem. He's letting Witcoff and Rubio handle Ukraine and it's to his detriment. However, we have a very narrow window to get the 2017 Trump tax cuts made permanent and a whole bunch of other pro-growth policies put into place.
Some really critical context:
Trump is trying to save America. The biggest threat isn't Russia or Israel. Both are issues, but secondary to the debt and demographic bombs that are absolutely wasting our country away like cancer. They just keep growing and growing and spreading until they consume all of the wealth and productive capacity and nothing is left but poverty and death. $36 trillion is debt is killer. We spend more annually paying just the interest than we do on the entire Dept of Defense. We don't pay the principle at all. The Bond market is dead. No one buys 30 year treasuries anymore. The interest rates are negligible and no one has any faith our dollar will still have any value at the end of it when it pays out. The interest rates on the 10 year bond are approaching 5%. We're paying an additional 5% to borrow with the promise of paying back in 10 years. Few are buying. Japan just sold what it was carrying. China is now the largest holder outside of American hedgefunds and corporations. Moody's just dropped our credit rating from AAA to A1A. They don't think we can pay. We're too leveraged to borrow more.
If other countries do this, they can count on bigger countries like the US or institutions like the IMF to come in and bail them out. We can't. Our debt's too big. If the dollar collapses, the Western economy collapses. We ALL lose.
And the Congresscritters won't cut. They won't stop spending.
Trump's solution is to grow our way out of it. Countries that try austerity go into long-term stagnation or depression. So we have to grow which is why Trump's on a charm offensive all over the world cajoling, begging, pleading, or even arm-twisting to get companies to reshore operations in America. We've got to grow and do it for a long, long time. Trump's playing the long game. Growth is critical. War is fine. We make and sell 75% of the world's arms. Trump will allow Ukraine to implode if he can't stop it. He'll let Israel do the same. But we MUST fix the economy and start having babies.
He's letting his lieutenants handle the other issues, but the economy is Trump's #1 issue. That's why he's going to war with Massie and Rand Paul. They're playing games worrying about small potatoes, missing the big picture strategy, and threatening to wipe out Trump's one last shot to fix this broken country. That's why Trump's pissed. If you asked him, he'd probably agree with both men that more cuts are needed. He just can't get it done politically. The Congresscritters won't cut, so he has to make an end-run around Congress. Massie and Paul are blocking it.
Most excellent, Anon. I see Trump's play with Bitcoin and Treasury stable coins in the same light -- the approach is not pure enough for many, but it will dig us (and the worlds) out of the hole we find ourselves in.
Ya know, it'll b hard to get the economy going if we don't have an economy to grow thanks to nitwits like Liddle Marco, Lindsey, Kansas, and Da Nang Dick.
Call out Rand but let Lindsey go stir the pot in Ukraine?
Trump's focus is on fixing the economy. It's a bigger problem. He's letting Witcoff and Rubio handle Ukraine and it's to his detriment. However, we have a very narrow window to get the 2017 Trump tax cuts made permanent and a whole bunch of other pro-growth policies put into place.
Some really critical context: Trump is trying to save America. The biggest threat isn't Russia or Israel. Both are issues, but secondary to the debt and demographic bombs that are absolutely wasting our country away like cancer. They just keep growing and growing and spreading until they consume all of the wealth and productive capacity and nothing is left but poverty and death. $36 trillion is debt is killer. We spend more annually paying just the interest than we do on the entire Dept of Defense. We don't pay the principle at all. The Bond market is dead. No one buys 30 year treasuries anymore. The interest rates are negligible and no one has any faith our dollar will still have any value at the end of it when it pays out. The interest rates on the 10 year bond are approaching 5%. We're paying an additional 5% to borrow with the promise of paying back in 10 years. Few are buying. Japan just sold what it was carrying. China is now the largest holder outside of American hedgefunds and corporations. Moody's just dropped our credit rating from AAA to A1A. They don't think we can pay. We're too leveraged to borrow more.
If other countries do this, they can count on bigger countries like the US or institutions like the IMF to come in and bail them out. We can't. Our debt's too big. If the dollar collapses, the Western economy collapses. We ALL lose.
And the Congresscritters won't cut. They won't stop spending.
Trump's solution is to grow our way out of it. Countries that try austerity go into long-term stagnation or depression. So we have to grow which is why Trump's on a charm offensive all over the world cajoling, begging, pleading, or even arm-twisting to get companies to reshore operations in America. We've got to grow and do it for a long, long time. Trump's playing the long game. Growth is critical. War is fine. We make and sell 75% of the world's arms. Trump will allow Ukraine to implode if he can't stop it. He'll let Israel do the same. But we MUST fix the economy and start having babies.
He's letting his lieutenants handle the other issues, but the economy is Trump's #1 issue. That's why he's going to war with Massie and Rand Paul. They're playing games worrying about small potatoes, missing the big picture strategy, and threatening to wipe out Trump's one last shot to fix this broken country. That's why Trump's pissed. If you asked him, he'd probably agree with both men that more cuts are needed. He just can't get it done politically. The Congresscritters won't cut, so he has to make an end-run around Congress. Massie and Paul are blocking it.
Most excellent, Anon. I see Trump's play with Bitcoin and Treasury stable coins in the same light -- the approach is not pure enough for many, but it will dig us (and the worlds) out of the hole we find ourselves in.
Ya know, it'll b hard to get the economy going if we don't have an economy to grow thanks to nitwits like Liddle Marco, Lindsey, Kansas, and Da Nang Dick.