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re: If the "Refi" plan is real, and the plan is to force a recession...
Posted on 4/6/25 at 8:37 pm to Warboo
Posted on 4/6/25 at 8:37 pm to Warboo
There is no quick way out of the debt problem. Anything drastic would undermine either our security from foreign threats or completely unmoor our domestic society and probably set the stage for some sort of tyrant to seize on the popular anger. It is a multigenerational program to chew it down to be quite honest.
0
Posted on 4/6/25 at 8:38 pm to 5WFSHR
quote:
Obama fricked the US. But leftists virtue signaling will not let them admit that the FIRST black president is responsible for the troubles we face now. More emotional appeals (calling Trump Hitler) while Obama is a hero. Leftists are figs.
Posted on 4/7/25 at 7:37 am to Warboo
quote:
That is by and large part, the interest on the debt. We could balance the budget other than interest on the debt and it will increase nearly 1 trillion a year.
This is why Social Security and Medicare have to be open for cuts, but that's a different thread.
Posted on 4/7/25 at 7:38 am to SlowFlowPro
Your melt over these tariffs is probably top 3 most delicious
Posted on 4/7/25 at 7:39 am to SDVTiger
quote:
Your melt
Still having problem with the English language, like arguing "similar" means 10x
Posted on 4/7/25 at 7:43 am to SlowFlowPro
In this case SDV used the correct “your”…
Posted on 4/7/25 at 7:45 am to SlowFlowPro
Well Trump said they weren’t trying to crash the market.
In one of Bessent’s interviews he said you can’t predict the market. So no, the plan wasn’t to crash the market, they have no control over that.
Actually he called it an organic animal.
In one of Bessent’s interviews he said you can’t predict the market. So no, the plan wasn’t to crash the market, they have no control over that.
Actually he called it an organic animal.
This post was edited on 4/7/25 at 7:47 am
Posted on 4/7/25 at 7:46 am to 5WFSHR
quote:
Obama fricked the US. But leftists virtue signaling will not let them admit that the FIRST black president is responsible for the troubles we face now.
Obama hasnt been in office for 8 years, and Trump had his shot already to fix this.
Trump made it worse. And you voted for him again, and insanely believe it will somehow be different this time.
Posted on 4/7/25 at 7:46 am to SlowFlowPro
quote:
Still having problem with the English language
Not at all. You have spent almost 72hrs straight crying about tariffs
Slackster is also in the top 5 melts
Roger is clearly #1. None of you have ever been right about anything
But this time will be different. Trust you
Posted on 4/7/25 at 7:47 am to slackster
I should have only quoted melt, you're right
Posted on 4/7/25 at 7:48 am to 5WFSHR
quote:nowhere near a fan of Obama or his policies but the dude was 3 administrations ago, we can't keep bringing this dude up when there have been 2 or 3 regimes since dictating policy
Obama fricked the US. But leftists virtue signaling will not let them admit that the FIRST black president is responsible for the troubles we face now. More emotional appeals (calling Trump Hitler) while Obama is a hero. Leftists are figs.
Posted on 4/7/25 at 7:48 am to dgnx6
quote:
Well Trump said they weren’t trying to crash the market.
The premise of the "refi" goal isn't really directly related to the stock market. It's the economy as a whole
Posted on 4/7/25 at 7:50 am to dgnx6
quote:
Well Trump said they weren’t trying to crash the market
Bessent said specifically that the stock crash will cause ppl to retreat to saftey
Wouldnt shock me if Schwarzman is telling ppl to sell and put money into safety so they can drive rates down
Then buy low
Posted on 4/7/25 at 7:55 am to SDVTiger
quote:
Bessent said specifically that the stock crash will cause ppl to retreat to saftey Wouldnt shock me if Schwarzman is telling ppl to sell and put money into safety so they can drive rates down Then buy low
In that video he’s even saying you don’t know what will happen next week.
But he does mention oil prices and interest rates down that will help people much more than the stock market.
Posted on 4/7/25 at 8:04 am to SlowFlowPro
quote:
The premise of the "refi" goal isn't really directly related to the stock market. It's the economy as a whole
I don’t buy into the purposely trying to crash the economy thing in the first place.
What other parts of the economy are crashing?
Posted on 4/7/25 at 8:05 am to dgnx6
quote:
I don’t buy into the purposely trying to crash the economy thing in the first place.
Well that's the premise of the thread, to discuss this theory and tests posters' limits regarding the theory.
Posted on 4/7/25 at 8:07 am to SlowFlowPro
quote:this wasn't a thing a few months ago
Are you scared that the "natural" recession we had coming around the corner will snowball with this "refi" recession?
Posted on 4/7/25 at 8:08 am to crewdepoo
quote:
this wasn't a thing a few months ago
What wasn't a thing? The "natural" recession?
Posted on 4/7/25 at 8:09 am to AnthonyCumia88
quote:
By the end of the decade they want depression
Who is "they"? Be specific.
Posted on 4/7/25 at 8:11 am to SlowFlowPro
quote:
This is why Social Security and Medicare have to be open for cuts, but that's a different thread.
Well one way to not have us in a pickle would be to do this.
But Harris wasn’t going to do this either. I don’t see a scenario where someone runs on this and wins.
So we need to raise money, tariffs is one way, and refinance the debt lower to make it manageable.
In that video Bessent said real wages grew more than your .7% price increase in Chinese goods from the tariffs.
The argument here is the tariffs are much less of an increase on you than raising taxes on everyone here.
Plus the dems would have raised your taxes, not done anything about the debt, and you be hit with an even bigger tax of inflation.
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