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re: Americans Skipping Meals To Afford Housing Under Biden: POLL

Posted on 4/7/24 at 11:04 am to
Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
14939 posts
Posted on 4/7/24 at 11:04 am to
quote:

Why I've always said I had no clue why they fought to hard to win 2020.




This is nothing compared to what we'll face for the next 4-8 years. Biden reversing sanctions on nordstream 2 which helped greenlight the Ukraine invasion, then freezing Russian assets turbo charged the movement to replace the petro dollar as the reserve currency. Not to mention the message we've sent to the world with this administration's open hostility to oil and gas and banning ice vehicles by 2035. Sending hundreds of billions to Ukraine to prolong the conflict has only strengthened Russia and their resolve to do whatever it takes to bring down the US economy. As BRICS picks up steam and dollars no longer held in foreign reserves start to flow back home and we continue printing money to fund wars all over the globe and unchecked domestic spending, we'll long for the '20-'24 inflation.

Edit- forgot to include the effect of adding millions of immigrants who will create further demand for limited resources and push prices higher.
This post was edited on 4/7/24 at 11:07 am
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
425838 posts
Posted on 4/7/24 at 11:15 am to
quote:

turbo charged the movement to replace the petro dollar as the reserve currency.

This isn't actually happening.

quote:

Not to mention the message we've sent to the world with this administration's open hostility to oil and gas and banning ice vehicles by 2035.

Pretty much every other developed country has done the same virtue signaling. Who are we sending this message to? The Congo?

quote:

Russia and their resolve to do whatever it takes to bring down the US economy.

They can't do shite.

quote:

As BRICS picks up steam and dollars no longer held in foreign reserves s

Not happening.

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