The segment in particular with Lara Logan was sobering. Almost depressing, frankly.
How do you think all of this plays out Derek? 10 years to 100 where are we and will there be push back against the tyranny?
I think the globalists have already lost, because they ultimately cannot win. Too many people have awakened and are resisting the bullshit. But the question is how much damage will the globalists do as this whole thing plays out? And will the USA emerge stronger in 10-50 years? Or will we end up like Venezuela? We are $31 trillion in debt and seemingly going to lose reserve currency status in the next 3-5 years. If the USA embraced bitcoin I'd feel a lot better but it is clear that our government is going to fight it.
The whole question of transhumanism and AI is something of deep concern, but I don't feel like I have a grasp on that enough to form a great opinion yet.
We still aren't losing reserve currency status. At least not in 3-5 years. Maybe in 30-50 if crypto manages it. Still skeptical.
This. The whole raising rates to tame inflation is also a play to maintain the reserve currency status and bring credibility to the dollar.
Getting the fuck out of Ukraine and participating in a world economy would lock in $USD as the reserve currency for decades.
China, Russia and India banding together with their own off-shoot of the $USD to trade among themselves is our worst nightmare.
Our ace in the hole for years has been excellence in finance and trade. We are shitting on centuries of expertise because retards like Mello and the Dazzler voted in the clown show in the White House what with their 'green' agenda.
None of those countries is reliable so why would anyone, including amongst themselves, trust a fiat currency from them? You guys are buying Russian/ ccp propaganda if you think any of that shit has any chance.
Russia, currency falling apart, treasuries trading at 20%+ aka worse than junk.
The ccp, in the midst of a housing collapse and rapidly running out of dollar capital to prop it up while sitting at over 300% debt to gdp.
India is the best positioned and they have worse inflation than the US the last I looked. They are using the situation to secure goods at a discount from the other two and tame that inflation.
Lol that the thought that the previous two are going to unseat the dollar. Yeah, Japan(3rd largest economy) is going to trade their US treasuries for rubles and Mao bucks.
Neat that they are resorting to bartering, that's partly because they're hamstrung from using US capital markets and they are desperate to exchange goods. They don't have the capital to do so and no one wants their funny money.
There is a global shortage of dollars right now. Read that again. Shortage. It's part of why the fed is struggling with what to do. They are trying to run domestic monetary policy with an international reserve currency.
Can you name another country that has stable treasuries that aren't trading at either near zero or in the junk category? Pegging the US rate doesn't count btw(looking at HK).
This is chicken little shit.
You make interesting points, but if the Fed continues to raise rates, then won't most of the USA's diminished revenue be used to pay the interest on the $31 trillion debt. Our 10-year treasuries are paying less that our 2-year treasuries. So doesn't that indicate that our bond market is anything but stable?
The segment in particular with Lara Logan was sobering. Almost depressing, frankly.
How do you think all of this plays out Derek? 10 years to 100 where are we and will there be push back against the tyranny?
I think the globalists have already lost, because they ultimately cannot win. Too many people have awakened and are resisting the bullshit. But the question is how much damage will the globalists do as this whole thing plays out? And will the USA emerge stronger in 10-50 years? Or will we end up like Venezuela? We are $31 trillion in debt and seemingly going to lose reserve currency status in the next 3-5 years. If the USA embraced bitcoin I'd feel a lot better but it is clear that our government is going to fight it.
The whole question of transhumanism and AI is something of deep concern, but I don't feel like I have a grasp on that enough to form a great opinion yet.
We still aren't losing reserve currency status. At least not in 3-5 years. Maybe in 30-50 if crypto manages it. Still skeptical.
This. The whole raising rates to tame inflation is also a play to maintain the reserve currency status and bring credibility to the dollar.
Getting the fuck out of Ukraine and participating in a world economy would lock in $USD as the reserve currency for decades.
China, Russia and India banding together with their own off-shoot of the $USD to trade among themselves is our worst nightmare.
Our ace in the hole for years has been excellence in finance and trade. We are shitting on centuries of expertise because retards like Mello and the Dazzler voted in the clown show in the White House what with their 'green' agenda.
None of those countries is reliable so why would anyone, including amongst themselves, trust a fiat currency from them? You guys are buying Russian/ ccp propaganda if you think any of that shit has any chance.
Russia, currency falling apart, treasuries trading at 20%+ aka worse than junk.
The ccp, in the midst of a housing collapse and rapidly running out of dollar capital to prop it up while sitting at over 300% debt to gdp.
India is the best positioned and they have worse inflation than the US the last I looked. They are using the situation to secure goods at a discount from the other two and tame that inflation.
Lol that the thought that the previous two are going to unseat the dollar. Yeah, Japan(3rd largest economy) is going to trade their US treasuries for rubles and Mao bucks.
Neat that they are resorting to bartering, that's partly because they're hamstrung from using US capital markets and they are desperate to exchange goods. They don't have the capital to do so and no one wants their funny money.
There is a global shortage of dollars right now. Read that again. Shortage. It's part of why the fed is struggling with what to do. They are trying to run domestic monetary policy with an international reserve currency.
Can you name another country that has stable treasuries that aren't trading at either near zero or in the junk category? Pegging the US rate doesn't count btw(looking at HK).
This is chicken little shit.
You make interesting points, but if the Fed continues to raise rates, then won't most of the USA's diminished revenue be used to pay the interest on the $31 trillion debt. Our 10-year treasuries are paying less that our 2-year treasuries. So doesn't that indicate that our bond market is anything but stable?
The inverted yield curve indicates that investors have faith in the future that inflation will be mitigated, therefore the current problem leads to higher current rates. The only hope is a massive repudiation of the democrats in 2022 and a conservative President in 2024. But this isn't 1980 anymore. Tens of millions of Reagan Americans are dead and been replaced by Snow and PMS housewives that have no long term time frame, just current feelings. To have faith in the future would mean a closed border, a totally reformed education system focusing on STEM and trade school training, a commitment to eliminating wide scale violent and property crimes and a vibrant US energy policy focused on reliable cheap energy we could export to the world.
An election in which abortion is the game changer reflects a totally non-serious citizenry.
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An election in which abortion is the game changer reflects a totally non-serious citizenry.