US is bankrupt
>borrow 40 trillion dollars>spend it on building the most powerful military in history>the debt collectors ask for the money back>use your military to kill them
>>62026388I voted for this
>>62026388Powell should have lowered rates
>>62026388>steve hanke>Sep 23 2022>According to CNBC’s September Fed survey of economists, fund managers and strategists, those surveyed said there’s a 52% chance that U.S. could enter into recession over the next 12 months.>“The probability of recession, I think it’s much higher than 50% — I think it’s about 80%. Maybe even higher than 80%,” Hanke told CNBC’s “Street Signs Asia” on Friday.lol that was literally the best time to buy
>>62026401>chud discovers the "debt schizos are morons" talkingpoint
>>62026388... and finished
>>620264892022 recession fud was wild.
>>62026401Don’t bother looking into who the US government owes money to. DEFINITELY don’t bother looking into intra-governmental debt either.
>>62026388>Good times!Nothing screams a good times like zero job growth, double digit stealth inflation, shrinkflation and reduced quality of food, alcohol and goods.
>>62026388Not really. The US has plenty of oil and a net exporter at that. The price of oil is steadily increasing meaning the US is profiting bigly from the ME conflict. Why bankrupt when the economy is pretty much alive? Europe on the other hand, is not gonna make it with how little oil reserves they have left.
>>62026813That has nothing to do with beeing bankrupt. Oil is not everything.
>>62026388>Liberal experts say "TRUMP IS DESTROYING EVERYTHING!"OMG I GUESS I BETTER PANIC SELL EVERYTHING!!!!
>>62026660Jaime Dimon same thing lmaoThese economists are retards just guessing
>>62026477the high rates are the sticky inflation
>>62026401>spend it on building the most powerful military in historyStill waiting for that military
>>62026401>Default on debt payments>70% of bond holder are your own citizens and national companiesOk retard
>>62026917Fr. It's all mutts who wanted free education, and low iq white goyslaves who were born into "proud" veteran slave households. Our military is shit.
>>62026880I remembered pointing out the tribe memebership of these tow authors to doomers back then. But they were too retarded tho antisemitic but the phrase that always comes is>this time they are right
>>62026692>>62027191>he thinks the government cares about its citizens
>>62027222Checked
>>62026401Our military is a shadow of what it once was. It's certainly not WWII level, it's not even Bush 2 level anymore. Obama/Trump/Biden era killed what was left of the US military. A miltiary that exists solely to move money to favored donors and interests will inevitably atrophy and wither because all the blood is going to parasites. All that's left is a half-baked invasion of a foreign country before it all falls to ruin and people start snubbing us and people stop signing up without massive inflationary payments to entice people to enlist into a crumbling lockmart welfare program.
>>62026388What does that even mean? So what they're never gonna stop spending until they have to
The world economy has been running on fumes since 2008then they did the covid scam to steal money and try to turn society into chaos. Then they literally printed trillions overnight in 2020.Everything after that is a slow descent to hell, and there's no escape outside of total destruction of the USA and europe
>>62026869anon... he's the one who got into power using the debt as an argument lol
