Growth or Crash
I was confused by the “Big Beautiful Bill” that Trump was pushing, pissed off that after finding all of this waste with Doge, he continued wasteful spending and blowing our tax money on bullshit government spending. I knew that Trump wasn’t a fiscal conservative and this time with Doge, I thought he might have seen the light. I was wrong, Trump isn’t even concerned with our debt, he doesn't have time for that.
I started to think about it from his side of the equation, I would imagine he is concerned with keeping the government functional. The doge thing was only for show, all of it is already being undone through the courts; makes me sick. Then I heard someone speaking about his plans, which makes sense to me, in the light of his perspective.
We can crawl our way out of this mess in a number of ways, some more painful then others:
1) Austerity: would crash the economy, compounding the problem.
2) Default: would cash the dollar and the economy, compounding the problem
3) Printing the money: Massive inflation, compounding the problem
4) Growth and inflation: I think he is planning on growing the economy out of this problem
This seems like a long shot but the least painful way out of this problem we find ourselves in. This is why he is pushing for lowered interest rates, to give our economy a shot of crystal meth. Also, he has to rollover the treasury bonds, at the current rates, the government (us) will be paying a whole lot more in interest.
All said and done, I don't think this will work, we spent our children's future, yesterday.
I started to think about it from his side of the equation, I would imagine he is concerned with keeping the government functional. The doge thing was only for show, all of it is already being undone through the courts; makes me sick. Then I heard someone speaking about his plans, which makes sense to me, in the light of his perspective.
We can crawl our way out of this mess in a number of ways, some more painful then others:
1) Austerity: would crash the economy, compounding the problem.
2) Default: would cash the dollar and the economy, compounding the problem
3) Printing the money: Massive inflation, compounding the problem
4) Growth and inflation: I think he is planning on growing the economy out of this problem
This seems like a long shot but the least painful way out of this problem we find ourselves in. This is why he is pushing for lowered interest rates, to give our economy a shot of crystal meth. Also, he has to rollover the treasury bonds, at the current rates, the government (us) will be paying a whole lot more in interest.
All said and done, I don't think this will work, we spent our children's future, yesterday.
1) We are going to HOLD our BTC
2) We are going to create a Sovereign Fund
3) We have amazing Assets
4) We want Canada (The west coast, Oil)
5) We want Greenland (minerals?)
6) We want jobs coming back
7) We want use tariffs not income taxes
Which of those are a bad idea for growing out of our problems. 7 OPENS Markets back up for us, and lets local banks make loans to startups.
When you have a bankrupt company. You make a list of your assets and your liabilities. You cut the drunken spending, and get Americans riled up about it.
See, we WILL SUFFER Austerity, but Trump will make it feel like our choice, and he's right. We will each choose the austerity that works for us, as we go through the tumultuous times.
Here's my take. We've come back from worse. We have a chance to clear the deck for the next generation. MAYBE not 100%, but we only have to do 50% for them to have the HOPE they can do 25%, and suddenly, in 3 generations, it's not only a WHOLE NEW world, but WE WILL REMEMBER what and who dragged us down, and how NOT to fall for that again.
That's my take.
I just think its a very long shot that he'll bring back manufacturing. I know we must but the people are not ready for that anymore. Its a hard life, easier to accept welfare is my point. Maybe with Automation but as a people, we have issues.
I'm scared of BTC, too easy for the government to control a digital currency.
We do have amazing assets but try to access them, f'ing assholes tie you up in courts for years and dollars. Canada and Greenland would be awesome, I don't think he's going to pull that rabbit out of his ass though. Would be a positive for everyone, especially Greenland.
1) Happiness is a choice. It's never what happens to you, it's how you respond.
2) Frustration = (Reality - Expectations)^EGO
With a big enough ego, you will ALWAYS be frustrated (you think you should be right).
Also, it's hard to be frustrated when your expectations are much closer to reality.
Therefore, that frustration is an INTERNAL issue.
Once I learned those two things, my life got better without changing. LOL. And that opened my eyes.
Everyone says "Ignorance is Bliss".
So is willful acceptance of the things you cannot change and have no control over.
At a certain point. Turning off BTC will be comparable to turning off Electricity or Water for a large city. (these people prefer to poison us with Fluoride in the water, LOL). Knowing this, I've been filtering my water for Decades.
I refuse to buy bottled water outside of an emergency.
Anyways, there is always hope. I went from Red Pilled to Black Pilled to White Pilled.
Best White Pill Moment. Russia is more democratic than we are! They threw off the yoke of communism. Their lives were pretty horrendous for a while, but those that stuck it out find themselves in cleaner cities than we have! Working public transportation.
They were 100% lost, IMO. But evil always goes too far, and will ultimately lose...
The pendulum will swing. This too will be over!
We're in the ramp-up to the "blow off top".
The "blow off top" theory, often discussed in the context of Austrian economics and the Mises Institute, refers to the final, explosive phase of an asset bubble driven by credit expansion and speculative mania.
My guess is that the USD will suffer but be little by little supported by Gold/Bitcoin so that it doesn't completely go to zero. However, this will lead to Bitcoin replacing USD as the global reserve currency.
My $0.02 for what it's worth(and depreciating!)
The way I see it the system was engineered to crash by them in the first place...
Growing the economy is done by investing in infrastructure that lasts for generations,
not destructive devices that are gone in an instant taking with them productivity and human life.
Cutting military spending by $500 billion (or more) and reducing military spending every year
thereafter is the first rational action to do.
France did not want a war in 1914 or 1939
China did not want a war starting around 1931
how did these events work for the nation that did not want war...
The only reason Americans served, some died, some crippled, is because of the MIC that the treasonous Deep State wastefully funds in larger amounts every year.
Since the fall of the USSR at least 60% of military spending was (and is) unnecessary to defend America.
Cut it.
great plan....
Defense Spending is Constitutional
(not saying there is not waste or misguided stuff)
welfare is not
how about we start there
And doing that every year in peace time is insane.
The Deep State (war-mongers) are the real enemy and they are the beneficiaries
of all the excess military and most of the "foreign aid" spending.
I certainly agree that welfare should be rapidly be cut over the next decade until it's gone.
Social security and medicare must be privatized intelligently.
Obama-care should have been repealed in 2017.
A speech to America, like your Dad explaining why he isn't baling you out of Jail for your own good, he needs to start preparing people for the inevitable world wide economic collapse.
Get a skill that doesn't need products from China.
Transfer any wealth you have to tangible assets
Make connections with useful people.
Grow your own food, invest in food preservation equipment.
Told my daughter that it always comes with war, famine and disease. All of these are on our doorstep.