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Strategies & Market Trends : Ride the Tiger with CD

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onepath
To: Gib Bogle who wrote (311643)10/1/2025 1:30:01 PM
From: flashforward20091 Recommendation  Read Replies (1) of 312407
 
Cutting SS and taxing the average person effect is to remove money from consumers, that slows the economy and cuts tax revenues. Adding to the problem. The extremely rich don't want to give up one foot of their mega yachts, that's for sure and they have the reins of the US government. Yeah, tariffs were strangely missing from the AI answers. Its answer was austerity, much like Argentina minus taxing corps and the mega rich and judging from their need to secure a loan from the US seems not to be working. Who knew taking money out of the economy would crash it and increase poverty. I've never heard anyone with financial knowledge say depressions are better than inflation, in fact they fear depression the most. These hold my beer leaders are going to destroy so much that there may not be any pieces to put back together, that is if there still remains a way to get rid of them. I've never liked gold as much as I do now.
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