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(Be sure to write my name on any package)
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Jason says the world doesn't revolve around the u.s market brother. True right, the the the world does not revolve around the u.s market, but let's just let's just take a step back for a second right. Let's just come check out the uh, the current u.s debt 30. trillion dollars, that's a little worrisome for me and it's very worried.
Some of the debt ceiling keeps getting raised instead of taken care of for perspective, compare the us debt to the size of the economy. The entire us economy in 2020 couldn't pay off the debt of the united states, where's all this money coming from what that is so crazy, dude, that's not i i i kind of wish. I didn't see that now, whoever just told me to check that out. Damn you it's, this is that's just that just makes you lose hope in the us dollar as a primary currency across the world holy crap.
What is the world's primary currency? The world's currency, is the dollar. I don't feel i have to say much more than that and how big it is if the u.s dollar gets with. That is why i believe this russian plant news can go beyond just what's happening with ukraine right if they leaked this stuff all over the world. They leaked it all over the world.
What do you think they're trying to do? Do you think they're just trying to influence ukraine? Do you think they're trying to influence china, no they're, trying to influence the world they're influencing everything the debt should never get paid? All off people don't realize the value of leverage mike shafer. That's you bring up a good point. Right. Debt can be a leverage you can use debt in order to push yourself into a better circumstance.
If it's done responsibly, if you're utilizing debt responsibly, is it? Is it responsible for the united states to have in 2020, according to investopedia.com a a 22.32 trillion dollar u.s economy and then have 30 trillion dollars of debt? I don't know i don't. It doesn't really make sense to me, but i don't know a whole lot about nothing. I think if you're leveraging more money than you're worth as an entire country, that's a little bit of that's a little bit of risk. You know for me it's like imagine this.
Imagine you had a million dollars in your in your portfolio and you decided to go all in on a stock and then on top of that, you wanted to go and borrow one or two million dollars to throw on top of that in margin and then by The way, if things go south well you're losing money on not just your money but the margin you know now, it's obviously not exactly comparable, but there's a lot of risk associated with that. I think there's a ton of risk having 30 trillion dollars of debt for an entire country.
I feel the USA having a big debt is important. But this is getting ridiculous.
The US is a bully, but they bully the bullies mostly. The 1st major country to start a war with the USA may have a real tough go in the international community. Food stops rolling in, product stops rolling out, and they have forgiven the US of their debt.
That’s why they killed gaddafi. He wanted to trade oil in euros not dollars
Lol this why I’m in this play to the end either bust or millionaire
This has been the case for a long long time. As long as I've known this has ben the statistic.
Watching Shiba Inu. Information on a voting rights system is going to be implemented. I don't agree with it, cause the more Shib you own, the more influence you will have. Opportunity for buying the dip when it hits the low. I'm watching crypto waiting for that dip. Also some not financial advice is to hold physical precious metals against the dollar and while it doesn't moon for awhile its the best hedge against inflation and I love me some insurance. Especially on red days to know your solid. Digital dollar will wipe the debt and will do so in every country. Power structure from the dollar will lead to war forsure imo.
Trey proving yet again he doesn't understand how T-Bills work lmao
Our debt to GDP has been out of control since Barack Obama, and the crazy deficeits started with George Bush Jr. But this should be common knowledge…..
Who does the US owe this debt to? And what happens if they come to collect?
The Ukraine thing is a political distraction from the durham reports, and the depth of corruption it shows.
Glad to be a part of a community that never gives up! We can never give up!
Russia wants to force the US to spend more on a war at a time where we can't reduce rates and spend any more…. 😶
Hers the problem, you have a govt who doesn't know wtf they are doing, they keep kicking the can down the road, best that happens they may get reelected, if not let the next guy deal with it, then that guy does the same, so we as a country get more fucked by the year, then you have a pandemic and you print a shit ton of money and hand it out like PEZ candy, when does the lightbulb go off that you're fucking us further, but hey pass a bill, spend more money, wtf do they care, they aren't business people, they are POLITICIANS, definition- Lying pieces of shit, we the people get screwed even further, all this shit they are doing is going to fuck us even more in the long run. If we were a business we'd be outta business by now. No business is allowed to keep borrowing till the end of time. We need to wake up and realize how bad the govt is fucking us, until we do, this will continue to get worse
Trey… Not sure how to prove this, but a lot of that debt is due to American loans to other countries not being paid back. In other words, a lot of printing to help out other countries instead of are own. These countries, cannot afford to pay us back and may never pay us back. It would be cool to prove this theory that comes from a verbal source many years ago. Alas, I can't recall the source.
I will give you another thing to look into Trey. Remember there was Caribbean Crisis. What was the level of inflation in USA right before that happened. I will remind you around 17%.
It's possible that AU the Europe and others will be under the laws of the United States AG😉
It only matters if you think they are going to pay it off….wink wink.
there is a bug on binance with exchange rate
auto exchnage to x10 price on btc>eth pair
i posted a video.
Now think about: what the audacity of the US, a country with over $30 trillion dollars in debt, rating my credit score.
It's not the USA's dollar. The Federal Reserve is private.
Government budgets are not the same as consumer budgets. Taxes have to be paid in dollars creating demand for dollars. It’s a can kicking plan.
It’s more worser we have 150 trillion in debt including the unfunded liabilities.
You hit the nail on the head man!! I feel like as long as the same people stay in political power nothing will change! Pretty sad an infant born today is born into a world where it's already about $70,000 in debt at birth.
“The WOLRD doesn’t revolve around the American Market.”
Oh, young Ape… Yes. Yes it does. It factually does!
The only three economic powers that disagree are China, Russia, and the E.U.
One wants to supplant the US market.
One wants to subvert the US market.
One wants to BE the US market.
I’m not saying this is good or bad…or that this will always be the case.
For you apes who just want that boom boom from a squeeze? Heck Yeah! 💎🙌🏻
For you guys & gals who want to go forth into trading and investing? Understand that WORLD Economics are directly tied to the US dollar; any claim to the contrary is “bumf**kery” and institutional misinformation. If you can’t see past the B.S. that institutions “spin” then don’t go into investing after a possible AMC squeeze.
Best of luck fellow Apes.
(USD) I think that Digital currencies are about to take over. It's still not a good sign. I just think we're moving to a new Era of money.
Our collective ego is writing checks our yankee arses can’t cash. Pretty soon we’ll be flying a plane full of rubber dogshit out of hong kong!
The debt ceiling isn’t about taking on more debt, it’s about allowing the US to pay for expenses already approved.
Basically the debt ceiling can’t just be “taken care of”, without raising it things like pensions, military pay, federal employees pay, etc. would have to be cut.
There’s more to it, but if the US defaulted as a result of not raising the ceiling it would not be good.
Trey was my first motivation to get in amc community..I love trey even though I am Lou fan..
DEBT BUILT THIS WORLD ECONOMY DUDE……
THEY DIDNT HAVE THE FINANCIAL WHERE WITH ALL TO DO THIS…………
COME ON…………….
WHAT THE HELL ARE YOU TALKING ABOUT…………..
NO ONE HAS ALL THE MONEY THEY SAY THEY HAVE……….. ON PAPER YES…………
IN REALITY………………….. HELL NAW….. BE REALISTIC… THATS WHY THEY PICK ON THE LITTLE GUY AN
LET THE BIG PIGS GO…………………… JEEEZLUIZZZZZZZZZZZZZZZZ HODL/././././ 💎🖐🦍💪🍁
Like I said before and history shows. American government always puts us in debt and they NEVER pay their debts. Instead they send children to war. It's coming.
Not to mention they printed almost that much to bail out banks back in 08 so….yeah