There is no escaping the economic strangulation of the debt python. From Daniel Lacalle at dlacalle.com:
How do you create a recession?
Overheating the economy with a massive increase in government spending, disguising employment with public sector jobs, and soaring federal debt. The foundation of Neokeynesian economics always rests on the idea that an economy must prioritize government spending, leading to full blown socialism. When the economy is growing, government spending rises because, allegedly, it is time to borrow and grow. When the economy overheats and enters the inevitable recession, government spending must rise again because it needs to support growth. See? The size of government in the economy increases both during and after a recession. Taxes constantly rise, but debt rises faster. Upside-down economics.
The Biden-Harris administration has followed exactly the policies of the Greek, Spanish, and French socialists into an election year prior to their countries’ crises. The strategy involves inflating the GDP through excessive government spending, creating an uncontrollable deficit during a period of economic recovery, and masking employment through government jobs financed by increased debt. In the process, the printing of money results in the highest inflation in decades.
That’s why DJT will take the blame?
No CBDC without an economic wipeout?
Trump says NO digital but Jr. has also started one up.
Brandon already signed the digital EO and the next (s)elected preezy might be gung ho for it.
One silver lining is no imperial conquest with money having no value and no bomb bomb Iran.
We’ll all finally be equal as well which is all that matters besides not being racist.
This society being able to handle a 1929 style wipeout?
LOL doesn’t even begin to cover it.
Go Milei chainsaw style with Vivek and Elon at the DOGE or it’s over?
This just in from Hans Landa:
BINGO
Breaking from Six Feet Under:
Suffering In Ecstasy