Posted on 06/11/2022 9:43:01 AM PDT by RandFan
Finally, the energy industry needs to have confidence that the Biden administration will not pull the rug out from under them. They are not going to make the needed capital investments in the infrastructure without government guarantees that policies won't be changed. The industry has already been hobbled by a blanket of new environmental regulations. It takes years to get projects approved.
Yep
You’re mistaking time and commitment with difficult.
It takes time but going back to energy independence by supplying our own oil would be relatively fast and greatly alleviate the situation as would manufacturing and production here.
I had not seen this article by VDH (though I do try to catch them). He’s a brilliant writer. Thanks for posting.
The background music on that video was quite annoying. :-)
But thanks for posting!
Should be published. Bravo.
Why do people act like this was accidental? Or incompetence?
This is the PLAN.
Collapse the system. End our current oppressive white supremacist evil government. Have us one zone in the global control and pay our ‘fair share.’ You’ll own nothing and you’ll be happy.
THEY TOLD US ALL THIS ALREADY.
Why do people think this wasn’t the plan? Astounding.
Timing this stuff on a timescale that’s useful for personal investing is virtually impossible. I remember the same arguments back in the early to mid 1990s; I covered my shorts when I realized I was wrong. (I still think the arguments were probably right in the long term, but that might mean, say, 50 years.)
Trump could get us off the train in a heartbeat. Draft Trump immediately.
“Trump could get us off the train in a heartbeat. Draft Trump immediately.”
Nonsense.
Exactly. I don't understand why people doubt these "elitist" filthbags. These bastards have been discussing, advocating for and writing plans and policy papers clearly laying out how they plan on controlling the world for decades. They're done planning now and are currently in the execution phase. Listen to that pedo-looking slimebucket Klaus Schwab's latest speech at Davos in front of his fellow filthbag "elites." He makes what's coming perfectly clear.
Here's something I don't understand: Why are the Georgia Guidestones, a demonic, open-faced declaration of war on humanity by leftist/globalist/corporatist filth, still standing? You can bet your ass that had its message been a traditionally conservative one leftist scumbags would have wrapped a fat chain around it, hooked it to a tractor and pulled it down.
It would be most excellent if someone actually did that!
“However, the US Treasury does not have the cash to pay your principal. They will BORROW that money at the going interest rate of 10%+.”
I notice that the United States somehow survived when the Treasury was borrowing at 14.5% in 1982.
In fact from 1980 until 1986 Treasury was borrowing at over 10% every single year.
https://www.multpl.com/10-year-treasury-rate/table/by-year
Congress has the vote on whether or not the Treasury can retire debt. Quit deficit spending, let the Debt-GNP ratio decline.
Weak men are creating hard times.
I suspect that China is willing to buy Treasuries at rates below inflation but I don’t know why others would do that. And I don’t know why precious metal prices seem indifferent to inflation. We’ve entered the Twilight Zone.
“In fact from 1980 until 1986 Treasury was borrowing at over 10% every single year.”
The debt in 1980 was $908bil.
The debt in 2021 was over $29,000 bil.
Each year AT LEAST $1trillion matures and must be rolled over. Often it’s $2trillion. It’s not unusual for it to be $3 trillion. In this scenario interest rates absolutely matter.
Especially considering Congress will borrow the principal and even the interest payments, never paying down a dime.
https://www.thebalance.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287
Anyone who thinks Congress will do jack about this is delusional.
You will own nothing and you’ll be happy- Comrade Zhivago!
This is a scratch. If it gets better, it won’t be better by much.
You’d do well to await the real blood to flow.
He’s right. Our nation, including both principal and interest on loans, owes something like just under $300 trillion. The entirety of our assets, civilian and land, total maybe $93 trillion. Even if we sold all of it off, we owe around $200 trillion.
Trillion. With a, “T”. This is a forced collapse of our economy, no doubt about it. There’s no way that ALL of the people running the country are this incompetent.
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