Is the Problem! A capitalist system is designed to work just fine. The wheels of an economy that operates under free and open markets/opportunities doesn’t need stimulus. What it needs is for Woke Liberals to get out of its way and let it operate. The forces of supply and demand in a truly free capitalist society are “self-correcting”. The United States is not operating in a truly free capitalist society – that’s the problem! We have allowed Washington [along with some State] regulators to add all sorts of stops that have essentially crippled our capitalist system.
Now I’m a rational investor, and when I visit this site, which is arguably one of the top 10 best sites on the internet today, [please visit usdebtclock.org when you have a chance – great site!]. Upon glancing at the numbers I had a difficult time not puking my guts out. And I began thinking to myself, I’m going to invest in this? I’m going to place my money at risk under these conditions? Looking for what return? 🙂 You’ll never find me investing in government debt issued by a country with this kind of leadership in charge in Washington, D.C. No way, no how. Not when incompetence is all I see. I don’t mind the federal government running deficits when competent people are making all the important decisions but we have the exact opposite running this country today. Instead we have people in every agency basing all their policy decisions on some sort of woke agenda involving a completely false narrative – the theme that the Earth is dying via “Climate Change”.
Why would anyone in their right mind invest in the debt issued by a woke government or even a woke corporation? That’s totally brainless, as you will surely lose. I say let the free markets determine the rise and fall of the U.S. economy, I’ll be on the sidelines waiting/watching. Once all this crap falls to where I can pick up stuff at 10 cents on the dollar, then I might be interested. Look what the numbers indicate, our federal debt is the highest ever to GDP, we’re borrowing 126% of what we might even bring in? But guess what? The timing couldn’t be worse as our U.S. economy is now slowing while, at the same time, debt keeps growing; and once we return to those familiar 1% annualized growth rates [via Obama 2.0], that 126% is going to start approaching 165-200% Debt to GDP growth! Hence, the slowdown in the U.S. economy just began last quarter. You can’t run a business like that. Hell, you can’t even run a neighborhood lemonade stand like this!
I’ll continue to vote with my money, when President Donald Trump was in office with his “America First” agenda, I was fully invested. Today with these woke criminals running the show I can’t get out of these stock and bond markets fast enough. I say let these markets fall where they need to fall; we can pick up the broken pieces later. Once this is all over and the smoke clears I can see the news headlines reading, “Gosh, We’ll Never Do That Again!” Well, at least not until history is once again ignored in favor of a “woke agenda”.
Signed: LMAO @ the Left!
That’s our libs! They won the war on poverty though. Oh wait, due to racism by other libs, they’re still fighting it.
People be like, I thought the Fed was always correct, never behind the 8-ball. Whoever was supporting the continued purchases of U.S. treasury paper when runaway inflation was evident is a total dumbass, whoever that was. All inept people running the federal government these days. Every Democrat in Congress should be kicked out in November!