
shar-vell Dan
Well-known member

Thats called "COLLAPSE OF THE WORLD ECONOMY" w/ "YOUR MONEY".
Come on, MM, you don't actually believe that bullshit, do you?You'd think the 18-trillion's worth of investments that already came this year just might have a positive effect on the economy "going forward".
For context, Biden't 4-year term saw 1 trillion come in.
No, he doesn’t. He’s unwilling to uncover his eyes.I'm aware of the fact that many of them are pledges... from industry-leading big-tech companies, for instance.
It won't be a good look for any of them to reneg. It won't do investor confidence any good. It won't be good for their customers or their share values.
Even if all of them changed their minds (ridiculously-unlikely), you'd still be looking at 9x the investment Biden pulled-in in 4 years, and this was in only 8 months.
You're doing that thing covered in the video I posted the other day. Only a fool would suggest that, for the sake of your argument, 9 trillion's worth of investment, and that's obviously only "for starters" given the timeframe, wouldn't positively affect the economy.
Surely you see the point?
Careful MM. This is probably comingCome on, MM, you don't actually believe that bullshit, do you?
False.It's a currency exchange from what i read.
Tell me you don't know how a currency exchange worksFalse.
U.S. Treasury (led by Secretary Scott Bessent) has already announced a $20 billion swap line / credit-line / support for Argentina, aimed at stabilizing its currency (the peso) and shoring up foreign exchange liquidity.
In addition, they are working on a complementary $20 billion facility involving private banks and sovereign wealth funds. If successful, this would bring the total support to $40 billion.
Some of the proposed support may include direct purchases of Argentine pesos by the U.S. Treasury, and lines of credit or debt purchases in the sovereign debt market
As a battered bitch I'm surprised you're back already."You can call it a bailout, you can call it a rescue, it is a credit line to a country that otherwise would be out of reserves," Brad Setser, a senior fellow at the Council on Foreign Relations and former Treasury official. Ultimately it will cost US taxpayers.
As a battered bitch I'm surprised you're back already.
Debt? Speak to the Dems about the enormous hole of debt they put the country in that can never be paid.
Those stats are 100% BS.Both parties have massively increased US debt.
View attachment 420220
Debt as a % is probably most relevant:
View attachment 420222