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To: Worldtraveler once upon a time
I don’t disagree with anything you’ve posted there, but there’s no getting around the fact that there are warning signs all over the financial and economic statistics you can read on a daily basis:

1. Gold at $3,500/ounce
2. $37T+ in federal debt, and growing by the day
3. U.S. Treasury rates that are consistently higher than U.S. GDP growth (this is like borrowing money for a business at a 10% interest rate to grow your revenue by 5%)
4. A demographic collapse in the U.S. that makes future GDP growth even more difficult to achieve

10 posted on 08/30/2025 7:26:53 AM PDT by Alberta's Child ("Although my eyes were open, they might just as well be closed.")
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To: Alberta's Child
Good morning. Your four points are well taken. What they point to is some sort of significant restructuring of the whole political and economic reality of our nation. Herb Stein's observation is screaming now, and the quasi-pernanent class is working overtime to pretend there no -- or little -- consequence for decades of idiocy.

This is why, it seems to me, we are inundated with so many "shiny object" things in today's media -- including selling "shiny objects."

The diagnosis seems clear. Like "two roads diverged in a yellow wood," one chooses a path and the other path is "not taken." Economically. Politically. Demographically.

My view ( and forecast ) is some sort of collapse will be answered with abrogation of government debt, which is about one quarter of all, as corporate -- which is taking out business after business no longer able to handle its individual debt service -- is about half of all worldwide.

That "financialization of everything" has wreaked havoc for decades, and has a history to tell us what the end of the story will be. As it has in the past, over and over again.

We individually need play with caution, have no debt and therefore no debt service requirement, and vote out the debt-loving bastards. On a local basis as on a national basis.

As another comment on this thread says, there is no free lunch. It just looked like that when the liars painted all their pretty pictures.

Best wishes.

14 posted on 08/30/2025 7:45:35 AM PDT by Worldtraveler once upon a time (Degrow government)
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