Posted on 10/05/2023 11:08:30 AM PDT by RomanSoldier19
I was making $ hand over fist when DJT was POTUS. Now I’m lucky to break even. :-(((
how, exactly, do you know that?
The Kinks - Low Budget
https://www.youtube.com/watch?v=V3xi9lCmj-0
Wake me up when dead beat China finally starts making payments on old American owned Chinese treasuries that they haven’t paid own since they became communist. With interest the total is about $1.6 trillion owed to the heirs of the American citizen bond holders.
I’m holding off winning until it gets big enough. It’s only 1.4 billion at this point. I could do some damage with that much, true. But I have BIG plans.
China has been dumping US Treasury bonds for years.
F Joe Biden
Love the Kinks!!
What does that mean?
Higher interest rates
The bond rout is worse than the one seen in 1981 when the 10-year yield neared 16%.
Leave it to Biden to out do Jimma Carter.
WTI oil is down to about $82.30 a barrel at the moment.
A few of the sources:
Economic Ninja “Spiking Bond Yields lead to this..”
Reuters: Japan, China cut holdings of US Treasuries..”
Global Times: China, Japan again sell US Debt
If the Federal Government does not cut spending, inflation will remain with us. I might add that perhaps there is no point raising the Prime Rate. Inflation pressure is coming from government spending and not the overall economy.
Exactly. Sounds good but inflation will nibble away. A savings account investor may break even, not going to become prosperous.
A mix of stocks & bonds worked for years but bonds were not worthwhile for some years. As interest rates rise they may again be part of a prudent mix.
IMHO The FED is criminal to raise rates during a Biden economy. In a Trump economy people had better income, cheaper gas & goods. The trick was to grow the economy and start paying down debt as interest rates very slowly rose to historic norms.
What does the Fed care that they are crashing America’s economy and her position in the world and skyrocketing interest on the debt. FEDS are empty between the ears, devoid of common sense, operating on faulty principles applied in a one size fits all fashion.
It’s like having a part-time job without going the work.
WTI oil is down to about $82.30 a barrel at the moment.
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Right.... but both natural gas and uranium are up (the latter a bunch).
Margin Call and multiple jenga towers.
“trailed”
Thanks, I was having some trouble with puzzling that out.
IMHO, soon to be tanked.....
Your short list of “good” companies running ahead of inflation over the next two years?
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