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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (203522)1/2/2024 3:24:20 AM
From: Maurice Winn  Read Replies (1) | Respond to of 217638
 
Stealing opm = Russia's money. Since USA is gung ho to gang up and rob Russia, why would China or anyone want to buy USA debt, Treasuries, hold a dollar etc? USA has demonstrated they will simply steal it - said promissory notes wouldn't be worth the paper they're written on.

I have not checked prices, but I assume that prices have already moved to adjust for that risk.

Checking.... price of gold $1,800 a few months ago before the idea got serious, to $2,100 now = $300 out of $1,800 16% boom, just like that = way more than the relatively small confiscation proposed. As well as that, of course the debt ceiling has been blown up by the $trillions.

We know how well drug addicts control their addiction. Obesity is similar and Americans have not been fasting or switching to VVVs nutrition. Addiction to money mania and spending is maybe worse than addiction to booze, drugs and carbohydrates.

Mqurice