If japan goes the world goes.

I agree. Bessent's move to intervene in the currency markets to support the Yen makes perfect sense. Japan's alternative is to sell US Treasuries which would raise yields on US debt...The opposite of what Bessent is trying to do by buying long dated treasuries and selling the short end of the curve

Ken I'm not saying I agreed with it

More can kicking

Copy/paste


Rome didn't fall because of barbarians. It fell because emperors couldn't stop spending money they didn't have.

The process was mechanical. Roman armies were expensive. The legions demanded pay, the frontiers demanded fortification, and the grain dole demanded perpetual subsidy. When tax revenue fell short, emperors did what every desperate government does: they debased the currency. The denarius, once nearly pure silver under Augustus, contained just 5% silver by the reign of Gallienus in the 260s AD. They shaved the coins, mixed in base metals, and still called it money. Prices responded accordingly. Monetary inflation causes price inflation, whether it happens in Rome 2000 years ago or in 2026.

You'd have watched this in real time as a Roman merchant. The goods sitting in your warehouse cost you the same labor and transport to acquire. But the coins arriving in payment bought less each month. Diocletian's Edict on Maximum Prices in 301 AD attempted to cap inflation by law, threatening death for anyone charging above the mandated rates. Sellers simply withdrew their goods from market rather than sell at a loss. Price controls produced shortages. Shortages produced famine.

The spiral tightened. As trade collapsed, tax revenue fell further. Soldiers went unpaid or received debased coin they couldn't spend. Loyalty evaporated. Provincial generals raised their own armies and declared themselves emperor (there were over 50 claimants in the 3rd century alone).

Free market thinkers have always pointed to this sequence as the purest historical case study in monetary destruction. When government substitutes political will for sound money, it doesn't bend economic law. It cannot bend. The Roman state inflated its way into insolvency, controlled its way into scarcity, and taxed its way into abandonment. Rome liquidated itself.

We are all screwed
Buy more guns and bullets for when the chink army arrives on shore to enslave us.

This opinion article is long.... but if anyone bothers to read it....... I'd like to hear your thoughts on it.

https://www.wsj.com/opinion/let-the...Dy&reflink=desktopwebshare_permalink

Some would say Mr. Drukenmiller is a chicken little.

… BS … Rome allowed their genetics to get polluted and was all downhill from there

… same thing is happening now here

And what would you say? You started the thread and when I asked earlier you just said you thought it was a scam. I had been hoping you would have elaborated a bit more.....

It's an affront to the free market and so far it's not getting the desired results.

In the article he stated by 2033 the average interest rate on all us debt will be in the mid 4 percentile. It's becoming untenable

… yall all chasin your tails trying to catch that printed dollar

… ought to put virtual ridges on greenbacks lol

"Us?!" I don't believe that you would qualify for being a turd in our pocket. Yous are on your own, eh?

Chinks will invade NA.I am most definitely not one of you.The rate you lose wars that is a big bonus.
So no worries.

… y’all’s military pretty weak there ol hand

… but yeah we waste ours on the holy war over there in the Middle East for sure

… but yall take in the dune cune refugees at a higher rate than us I think

… but yeah … western civilization should unite to preserve what we created … and stand in solidarity against the third world … Middle East…. And Asia

… how does that sit with ya’ll ?

Our military is top notch.
And we have never lost a war.

… I could call a couple buddies… get a few cases of lonestars… some boxes of green and yellow box 30-30 170 grain and defeat the Canadian military by noon tomorrow

… let’s not get carried away here lol

You wouldnt make it past the bush rangers let alone our military sharpshooters.
Come to think of it,You probably wouldnt make it thru detroit or chicago on your way to the border,lol

… oh we have some Bulgarian sks’s … we’re big kids now

…. Ain’t nobody buyin that nonsense

… yep … that just happened

Which, if you exclude wars where America did all the heavy lifting..... amounts to exactly TWO lol.

Off the top of my head when we skelped your arse twice when you tried to invade Canada and sent you packing back across the border like a pup with its tail between its legs.
And in the two world wars you didnt get in until the end when you knew who would win.
We were in both world wars from the start.