After WW2 there were no functioning economies left. They all had been destroyed during the war. The British empire wealth transferred stopped. |
No it’s from endless tax cuts which reduced revenue to cover entitlements. If we had 50s taxes there would be deficit. |
The US survived just fine when there were 0 income taxes. |
| I think the concern is actually JAPAN dumping US bonds. Look up the yen carry trade unwind. |
You should have an allocation target and a strategy for how it evolves. I wouldn’t ask random questions like this on dcum. We have no idea how much money you have, your age, your liabilities etc. stop reacting and start planning. |
lLet them, I’ll buy my share when the yield gets to 5%, thats the trigger. I think a lot of buyers show up at that yield. Right now, too low to be interesting. |
Yeah! Kid worked in mines and factories, most people did not get beyond an 8th grade education. No safety net, so if your parents died young, which they did more often, you had to live in an orphanage. It was AWESOME!!!!! It’s like you watched The Gilded Age and thought, wow, I bet everyone was happier then, as if it were representative of how the majority barely survived. |
I wonder this too. We do not have the upper hand with china. |
| So I guess this Tik Tok deal isn’t happening. Good riddance. |
Yes and average lifespan in 1913 (when income tax started) was 50 years. |
lol Trump will just keep rolling it back. |
Trump |