Posted on 05/20/2025 6:34:53 AM PDT by delta7
Watch closely, one of Trump’s son is promoting Bitcoin, the other Gold. Something is up, and I trust President Trump has a plan.
Our government spends too much.
Note that this is twice as much as the amount of U.S. treasuries that China owns, and that we make regular payments to.
The US definitely deserved this. Our spending has been out of control since the Bush II Administration. But if it was a "warning", it should have occurred during the Biden Administration when spending hit truly insane levels.
BRICS isn’t a worry, but the debt and Treasury yields rising ARE a worry.
We need to get this crap under control. Growth will help, but spending must must must must must be cut.
> Our government spends too much. <
For sure. It is worth noting that Trump 1.0 did not veto a single spending bill. I get that the problem is Congress. But the buck stops at the Oval Office.
Let’s hope Trump 2.0 draws a line in the sand.
Our government spends too much.
Because that’s what the voters want.
Voters are stupid, I'm told that half the population is BELOW the mean intelligence. Politicians just want to get re-elected - perhaps this vicious cycle is the best argument for term limits.
Voters are stupid, I’m told that half the population is BELOW the mean intelligence. Politicians just want to get re-elected - perhaps this vicious cycle is the best argument for term limits.
Garbage In, Garbage Out ..... Selfish voters leads to selfish politicians.
I think Trump is a big spender. He didn’t campaign on reducing spending.
All eyes on the “ Rio Reset”. Trump’s son I assume is in the know, and I trust Bessent has a well thought out strategy. .
If USA was a private corporation it’s credit rating would be CCC-
But because federals have racing powers and money printing machine, it is still AAa-.
All real estate developers are big spenders.
Maybe. Reminder: Moodys and the others fraudulently kept the bond ratings for Lehman Bros. and others UP during the subprime crisis, so I take what they say with a grain of rocksalt.
the debt and Treasury yields rising ARE a worry.
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Judy Shelton has mentioned in numerous interviews 50 and 100 year Gold backed Treasuries….Many closely watching think the US will see how the much talked about Rio Reset goes.
https://en.wikipedia.org/wiki/List_of_countries_by_credit_rating
This is a list of countries by credit rating, showing long-term foreign currency credit ratings for sovereign bonds as reported by the largest three major credit rating agencies: Standard & Poor’s, Fitch, and Moody’s.
This downgrade is totally political...
It is indeed. It might have been averted if the Big Bad Bill had featured more cost-cutting rather than increased spending for Chinese solar panels etc.
President Trump is in a foot race to mollify the bond vigilantes by trimming the annual deficit but he is hobbled by a political reality that will not abide spending cuts. We would not significantly cut spending after the revelations of DOGE, so the hill Trump must climb is higher and steeper.
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