Posted on 04/29/2024 2:40:01 AM PDT by Kaiser8408a
Joe Biden could barely eat his dinner at the White House Correspondents’ Dinner. And we think he is calling the shots in The White House?? Oh well. Perhaps it is Treasury Secretary Janet Yellen or Klaus Schwab of the World Economic Forum.
In any case, Treasury bond issuance in 2024 is expected to hit $1.9 TRILLION. Surpassing levels seen even during the 2008 financial crisis.
And with inflation, the US personal saving rate is near the lowest level since Obama (2010).
And with the core inflation rate still higher than anytime since 2010, households are paying more for … everything depleting their savings.
With Biden and Congress spending like drunken sailors on shore leave, and no end in sight, this will eventually explode. Ukraine, foreign aid, no border security, virtually no money for Maui fire, E. Palestine Ohio is still a wreck, etc. They always have money for someone else. And if Trump is elected in November, watch CNN and MSNBC and Biden/Congress blame Trump.
Commodities are a way to protect yourself against the government and their insane spending and debt.
My point? Gold keeps rising!
The leading foreign holder of US debt is Japan, which is following the insane path as the US and resembles a banana republic.
Former Fed chair under Obama and current Treasury Secretary Janet Yellen under Biden is Doctor Wonderful. NOT!!
I don’t know what Biden thinks is so funny. Maybe it is because House “Majority” Leader Mike Johnson (RINO-LA) gave Biden and Schumer everything they wanted (Ukraine, Israel funding but nada for security our borders). Life is good when you are stupid and mean-spiritied like Joe Biden!
Biden is so vain: capped teeth, hair plugs, constant tan, face lifts, etc.
Banana Biden??
(Excerpt) Read more at confoundedinterest.net ...
How can this be true, when the free traitors promised us lower prices and "benefits to the consumer" if we offshored our manufacturing and tech jobs?
Government debt at all levels in the US as also around the Western world is in such a state, that there is not enough in the "private sector" to repay, and now not to "roll over."
Time for a biblical Jubilee, in which the "holders" of government debt are "taxed" rather than paid interest.
In Cyprus many years back, as depositors lost big time, Angela Merkel called it a "haircut." Government worldwide needs a haircut, and a shave....
“...households are paying more for … everything...”
Yet women will still gleefully vote for Puppet Biden because Orangeman puts out mean tweets.
When the USA collapses, these women will deserve everything that is coming. You see, when their is no government, there is no Sugar Daddy.
There were some warning about that ‘Giant Sucking Sound’. All we have now is a big, “I told you so!”
Deep States worldwide are annihilating their middle classes.
It’s economic genocide.
The government sucks up all the money out of the economy and no one else can borrow for homes or businesses...................
No. Women vote for Biden because he’s pro-baby killing. The don’t care nearly as much about “mean tweets” as they do about abortion.
Single women vote for Biden. Trump gets the married women vote.
Abortion is one issue, the other is government as daddy. Single women look to government to bail them out economically. They want those government handouts. They want BIG government. Size matters for them.
They can issue these bonds, no problem, all they need is for someone to buy them and that day where everyone JUST SAYS NO is approaching fast and it will be epic and things will get ugly very quickly.
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