ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Lee Lichterman III who wrote (74732)	12/14/2022 7:46:45 PM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Read Replies (1) of 97877

Hope plays no part in my assessment. So I am going to ask you. Suppose you are the president. You don't have money to pay for the military and the federal gov staff, let alone all the build projects that you promised. And the reason for not having money is that Powell has raised rates so high that 1/7th of your budget is just paying interest. What's worse, this high interest rate is causing tax receipts to plummet and companies to go bankrupt and people lining up to collect more UI...oh, did I mention that you don't have money to pay for those UI applications or the SPR that you have to refill or... So what are you going to do? PS You can't issue more bonds to pay b/c that would push the interest rates even higher and more business will go belly up, to say nothing of how you will face a bigger problem at the next auction. So again, what will Lee do as the president? And more importantly, what would a professional politician do? . Inside every president, there is a Tayyip Erdogan ;)

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