How long till the economy collapses?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Somehow Republicans are firing lots of feds, but not touching the defense contracts that are huge money wasters or all the aid to Israel.

Now that we aren't going to be in NATO don't need all those bases in Europe and could just walk away and give them to the countries and we would still save money. Won't need all those troops either. That would all help.

it’s pretty hilarious. not cutting defense spending it like me having 200k in credit card debt and declaring i’m giving up my vanilla lattes to become financially healthy.

Nah, it's giving up avocado toast. That was always marketed as the one thing Millennials needed to give up to get rid of debt, save up for a mortgage, etc.

I'm a millennial and there's something so darkly comic about our generation's timing. Our childhood was defined by 9/11 and two wars, we graduated with historic amounts or debt, entered into the job market during a recession, parented young children during covid, had to buy a house during a housing crisis, and now...this. God is smiting us for something!

Go cry in your oatmeal. Every generation has a sob story:

Boomers: Vietnam War, Cold War, oil crisis of the 70s, high mortgage rates in the late 70s/early 80s

GenX: AIDS epidemic, dot-com bubble, Great Recession 2008, Covid with older kids that need socialization

Millennials: 9/11, young kids in Covid, bad job market, whiney snowflakes that realize not everyone gets a trophy IRL

GenZ: Covid disrupted education, social media mental health problems, mass shootings

Gen Alpha: Covid impact on early education, climate change, AI revolution, WW3

Where did I say I was crying? In fact I'm laughing..."darkly comic". I can probably guess your generation by your lack of reading comprehension skills.

Actually, it's your lack of reading skills. I gave an imperative sentence "go cry in your oatmeal". So, go cry in your oatmeal and stop whining about everything. And no, I'm not a Boomer, if indeed that's what you suggest. I too, am a millennial, on the older side so I can almost claim genX.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Where will this money go given how many agencies are cut? Spend on what?

[Anonymous]

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Maybe you should check how much the national debt went up during Trump’s first term. I’ll save you the time, 7.8 trillion.

So please stop saying “national debt “. It was never about that.

+1 And do the MAGA faithful remember the amount of grift and outright grift there was with the Trump Covid-era giveaways. And it’s not as if the money saved now will go toward reducing the debt.

[Anonymous]

Great day for the stick market today. Down 1.48%. Trump thinks he has the Midas tough when it's just a sh*t finger

[Anonymous]

The pre-market looks bad. As soon as the market opens and huge sell orders hit we are in for a bloodbath.

[Anonymous]

Anonymous wrote:The pre-market looks bad. As soon as the market opens and huge sell orders hit we are in for a bloodbath.

Trump unofficially left NATO last night, betrayed Europe and Ukraine and aligned with Russia. He also destroyed the US and world economies.

The State of the Union is tonight. Wonder what he'll say...

[Anonymous]

What business community is even for trump at this point?

He is alienating hard core cypto lovers, many contractors (inlcluding those that theoretically supported him), federal employees, moderate republicans, most CEOs of manufacturing businesses, the stock market as a whole, all our allies...all for a bunch of rednecks with no skin in the game???

[Anonymous]

Remind me, it's been so long that I have forgotten. How much does the Dow fall before they trip the breakers?

[Anonymous]

Anonymous wrote:The pre-market looks bad. As soon as the market opens and huge sell orders hit we are in for a bloodbath.

This

[Anonymous]

Anonymous wrote:Remind me, it's been so long that I have forgotten. How much does the Dow fall before they trip the breakers?

^^^ A cross-market trading halt can be triggered at three circuit breaker thresholds—7% (Level 1), 13% (Level 2), and 20% (Level 3). These triggers are set by the markets at point levels that are calculated daily based on the prior day's closing price of the S&P 500 Index.

So we've got a ways to go, yet, this morning.

[Anonymous]

The government will shut down game over you dam Republican fools

Not only did you sell us to Putin you crashed the $ and it is not coming back
Crypto lol you are more dumb than anyone could have imagined

[Anonymous]

Anonymous wrote:What business community is even for trump at this point?

He is alienating hard core cypto lovers, many contractors (inlcluding those that theoretically supported him), federal employees, moderate republicans, most CEOs of manufacturing businesses, the stock market as a whole, all our allies...all for a bunch of rednecks with no skin in the game???

Musk is pulling the strings. Trump loves the market and being the "winner" too much to let this be all his decisions.

[Anonymous]

Don't worry, Republicans believe their constituents are willing to pay higher tariffs prices because they are patriots.

https://x.com/mkraju/status/1896774667832049873?s=12

[Anonymous]

Anonymous wrote:Don't worry, Republicans believe their constituents are willing to pay higher tariffs prices because they are patriots.

https://x.com/mkraju/status/1896774667832049873?s=12

Imaging plunging your family further into debt just to make Trump happy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The posters on this thread don’t get the real threat. $36 TRILLION of debt. Think about that. The interest in that debt is over $1 TRILLION a year. If/when the country defaults on its debt, your liberal agendas won’t add up to diddly squat. The govt has a spending problem and as DOGE is clearly finding, a ton of money is wasted on programs that don’t benefit America. Time to cut the fat and there is a lot of it in the Federal Govt. I’ve seen plenty. Reducing strangulating and duplicative regulation will reduce the need for the huge bureaucracy.

Yes this is the real threat, and MAGA is going to fix it by adding trillions to the debt via tax cuts for billionaires. You are so smart!

+1 my god, why can’t MAGA pick up a newspaper. The budget that passed is on track to increase spending by $85M this year alone, despite massive firings.

Somehow Republicans are firing lots of feds, but not touching the defense contracts that are huge money wasters or all the aid to Israel.

Now that we aren't going to be in NATO don't need all those bases in Europe and could just walk away and give them to the countries and we would still save money. Won't need all those troops either. That would all help.

it’s pretty hilarious. not cutting defense spending it like me having 200k in credit card debt and declaring i’m giving up my vanilla lattes to become financially healthy.

Nah, it's giving up avocado toast. That was always marketed as the one thing Millennials needed to give up to get rid of debt, save up for a mortgage, etc.

I'm a millennial and there's something so darkly comic about our generation's timing. Our childhood was defined by 9/11 and two wars, we graduated with historic amounts or debt, entered into the job market during a recession, parented young children during covid, had to buy a house during a housing crisis, and now...this. God is smiting us for something!

Go cry in your oatmeal. Every generation has a sob story:

Boomers: Vietnam War, Cold War, oil crisis of the 70s, high mortgage rates in the late 70s/early 80s

GenX: AIDS epidemic, dot-com bubble, Great Recession 2008, Covid with older kids that need socialization

Millennials: 9/11, young kids in Covid, bad job market, whiney snowflakes that realize not everyone gets a trophy IRL

GenZ: Covid disrupted education, social media mental health problems, mass shootings

Gen Alpha: Covid impact on early education, climate change, AI revolution, WW3

Where did I say I was crying? In fact I'm laughing..."darkly comic". I can probably guess your generation by your lack of reading comprehension skills.

Actually, it's your lack of reading skills. I gave an imperative sentence "go cry in your oatmeal". So, go cry in your oatmeal and stop whining about everything. And no, I'm not a Boomer, if indeed that's what you suggest. I too, am a millennial, on the older side so I can almost claim genX.

More reading comp fail. Typical MAGA. Anyway enjoy your oatmeal this morning! It's going to be expensive tomorrow.