Has been breached

Bessent is interfering in the Treasury markets

Nothing to see here folks

And here I am being scared of spending $250k on land...........

the National Debt scared me in 1982. It scared me in 1983. It scared me in 1984, and every year until about 5 years ago...

everyone always said it would ruin the economy. every year, it was said it would ruin the economy.

"Vote for me, and we'll cut the Debt."

still waiting for them to "fix" it.

still waiting for the economy to fail because of it.

wake me up if/when it happens.

(you can only cry "the sky is falling" so many times...)

Question of the day: As an investor, what do I do?

Was talking about this earlier today. Would be curious to hear your opinion of it.

Stock up on the pickled eggs.

economy has been failing everyday for years on end as the dollar erodes away

no.

if it was truly failing, everyone would KNOW it.

Everyone knows a dollar in 82 bought a whole lot more than today

Very few understand why

Just a number .......enjoy the intermission

Interest on the national debt is the largest individual sepment of our federal budget and growing and the holders of the debt want higher returns. Raising interest rates really is hard on individuals, companies and organizations that use debt as part of their revenue stream and or living costs. The US treasurey Dept. tried to put a lid on rates by stating they would do more by backs. That lasted 1 day as the investors do really know what is taking place.

Bryce

Yep,wont be long till you need a wheelbarrow full of c notes to buy a loaf of bread.As long as you got em-no problem-just numbers.
Might be tricky getting down to the bread store and back though getting by all those people who dont.
House of cards.

Look into your magic 8 ball and tell us when that'll happen

As the US goes so goes the rest of the world, only worse.

When currency's collapse barter is the name of the game. Sometimes foreign currency. IF the dollar has a come apart I don't think any paper will have value. Crypto? Maybe. I still have no clue where crypto value comes from. Crypto depends on a reliable power grid. Good time to get your home paid off IMO. Course always been a good idea to get that note behind you.

In 1926 very few people anticipated economic collapse. It happened before here it could happen again. Has happened in many countries. Every time barter was the interim economy.

I don't recall anyone campaigning on reducing the debt in the last few elections. Just keep kicking the can down the road. Social security and every other assistance program goes bust it will REALLY get wild.

100 k dollar trucks and 450 k dollar house's doesn't seem like reality to me, having seen people's wages increase to the point those items are affordable yet people keep on a truckin' buried in debt for life.

If only 450g houses.... here, a starter home is pushing 800g, and above....Locals can't afford those prices, and their kids have to leave...unless it's a married couple with 2 GOOD jobs, and they still struggle....I don't know where these new people get their money...

Barter fails because you want eggs and the guy with eggs wants shoes, not your fish

Houses and almost everything else, is actually cheaper today,,,

If you price it in gold/bitcon(sound money)

The money is broken

Prepare accordingly!!!!!

Copy/paste


In 1913, Congress handed a cartel of private banks the legal monopoly to manufacture money. The Fed creates dollars through a ledger entry, buys Treasury bonds with those dollars, and the Treasury spends the proceeds into the economy. New money, conjured from nothing, chasing the same goods you were already buying. Prices rise. You get poorer. Nobody voted for this.

Nixon finished the job on August 15, 1971, severing the last link between the dollar and gold. At that moment, the U.S. government unilaterally defaulted on its Bretton Woods obligations, simply announcing to the world that the rules had changed. Nixon called it a "temporary" measure. Fifty-five years later, temporary is still in effect.

When the Fed expands the money supply, the new money flows first to banks, financial institutions, and government contractors. Those early recipients spend it before prices adjust. By the time the money reaches you, wages and savings have already lost ground. This is the Cantillon effect, named after Richard Cantillon, who described it in 1730. Wealth transfers silently from savers to asset-holders. From you to them.

Sound money advocates have documented this exhaustively. The data is not ambiguous. The dollar has lost over 97% of its purchasing power since 1913. Savings punish you. Debt rewards you. The entire incentive structure tilts toward spending today, borrowing recklessly, and holding real assets. This system is designed to fund unlimited government spending through monetary expansion rather than honest taxation.

My youngest son and his girlfriend just rented a townhouse together, $2800/mo. I thought that was crazy but they don't seem to care. lol