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To: Alas Babylon!

This China crap is silly.

HOWEVER, it is not anti American to point out that we are in a debt spiral. We continue to double the debt. Now 34 Trillion.
We will get to the point that the ENTIRE US budget will be just the INTEREST on the national debt.

It is also factual that other countries central banks are increasing their gold reserves and reducing their US DOLLARS.

The ten year treasury auctions are now 4.4%. This means that mortgage rates are going UP not down.
Credit card debt is also at all time highs.
Job growth is primary in part time jobs going to people who were not born in the USA.
These are all facts. These facts are not good for the USA.

We need to reduce spending, raise interest rates and go into the recession that they have been trying to postpone ever since covid. The longer they try to push it out, the worse it will be.


40 posted on 04/16/2024 11:01:21 AM PDT by woodbutcher1963
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To: woodbutcher1963

You’re right, but we—the USA— have been operating like this for 40 plus years. It has been a couple of generations doing this— you can’t even just blame the last two presidents, but the last 7 or 8.

It should matter, but it doesn’t seem to get through. I seriously thought it would bring the country down decades ago, but it hasn’t.

Solutions?


41 posted on 04/16/2024 11:29:24 AM PDT by Alas Babylon! (Repeal the Patriot Act; Abolish the DHS; reform FBI top to bottom!)
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