One thing to keep in mind is that markets love to have epic
reversals higher based on war. The initial reaction is
negative, but it's basically a license for Governments to print and
spend. This is when you get the "we had no choice" excuses entering
the conversation. It's especially helpful when Gov's appear
to be nearing the end of their current ropes because of peasants
getting antsy about inflation and starting to blame their spending
(correctly, but it took forever). This kind of thing takes them
from a yellow to a green light on money printing. We will
hear talks about emergency spending bills within hours of anything
actually happening. Markets will likely explode higher if
that happens.
well and adding to that and I'm not trying to get political here
Dem vs Repub, but it's like man, every week or two I see an article
that Biden Admin canceles $5 - $7 Billion of Student loans. It's
like every week or other week there's a new one, another 5B
canceled, rinse and repeat. They tried to do it all at once but was
struck down, so their strategy has been to do it in small
increments like this so as not to get struck down - analogy would
be instead of throwing the fish in boiling water it will jump out
immediately, you put it in cold water and heat it up slowly , and
the fish doesn't notice. They've been piecemailing the student loan
cuts basically a little at a time - buy votes??
again it's money printing and debt upon debt upon debt, endlessl
spending money
the whole world is awash in debt - eventually there's going to
be a breaking point where whole system collapse - maybe that will
be the great reset and there's some new global currency, universal
income, whatever, but something will give one day
News
Posted by DigiNomad on 12th of Apr 2024 at 11:06 am
This is over 30 minutes old..just seeing it now.
One thing to keep in mind is that markets love to have epic reversals higher based on war. The initial reaction is negative, but it's basically a license for Governments to print and spend. This is when you get the "we had no choice" excuses entering the conversation. It's especially helpful when Gov's appear to be nearing the end of their current ropes because of peasants getting antsy about inflation and starting to blame their spending (correctly, but it took forever). This kind of thing takes them from a yellow to a green light on money printing. We will hear talks about emergency spending bills within hours of anything actually happening. Markets will likely explode higher if that happens.
well and adding to that
Posted by matt on 12th of Apr 2024 at 11:15 am
well and adding to that and I'm not trying to get political here Dem vs Repub, but it's like man, every week or two I see an article that Biden Admin canceles $5 - $7 Billion of Student loans. It's like every week or other week there's a new one, another 5B canceled, rinse and repeat. They tried to do it all at once but was struck down, so their strategy has been to do it in small increments like this so as not to get struck down - analogy would be instead of throwing the fish in boiling water it will jump out immediately, you put it in cold water and heat it up slowly , and the fish doesn't notice. They've been piecemailing the student loan cuts basically a little at a time - buy votes??
https://www.dailymail.co.uk/news/article-13299179/biden-administration-forgiving-student-loan-debt-borrowers-president.html
again it's money printing and debt upon debt upon debt, endlessl spending money
the whole world is awash in debt - eventually there's going to be a breaking point where whole system collapse - maybe that will be the great reset and there's some new global currency, universal income, whatever, but something will give one day
Totally Agree. AMEN!
Posted by jksnyders on 12th of Apr 2024 at 11:25 am
Totally Agree. AMEN!