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To: MtnClimber
It's that the asset owning class realized they could make a lot of money selling American productivity overseas and then selling the debt instruments to pay for the resulting imbalances while making a lot of money off of the cheap labor oversease.

As GWHB stated ""If the American people ever find out what we have done, they would chase us down the street and lynch us." Well, we have found out. About $36 T in federal debt and a lot more in private debt too late.

3 posted on 04/09/2025 6:13:24 AM PDT by AndyJackson
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To: AndyJackson

“ It’s that the asset owning class realized they could make a lot of money selling American productivity overseas … “

Post of the day!


5 posted on 04/09/2025 6:18:46 AM PDT by KingLudd
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