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Started By
Message
re: 2 year inverted yield curve
Posted on 4/22/24 at 4:10 pm to jcaz
Posted on 4/22/24 at 4:10 pm to jcaz
quote:
Started to become worried it's all going to come crashing down out of nowhere.
There's two outcomes in the long run:
1 Money isn't real and the national debt doesn't matter so we run it up to a quadrillion and never worry about paying it off, or just print money to pay it off.
2 It all comes crashing catastrophically down and we have an entire generation of suffering.
2
Posted on 4/22/24 at 7:56 pm to Thundercles
quote:
1 Money isn't real and the national debt doesn't matter so we run it up to a quadrillion and never worry about paying it off, or just print money to pay it off.
This seems to be the path we're taking but a $40 gallon of milk will bring the house of cards down eventually.
Posted on 4/23/24 at 7:50 pm to Thundercles
It’s going to go slower than that
We’re going to see more fighting over benefits to the funded programs like social security and Medicare as the debt payment becomes a bigger issue.
Once we start seeing some cutting back on these programs, we’ll see some political will to make the hard decisions.
We’re going to see more fighting over benefits to the funded programs like social security and Medicare as the debt payment becomes a bigger issue.
Once we start seeing some cutting back on these programs, we’ll see some political will to make the hard decisions.
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