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D
babyguppy said:
Keeping the HUGE part quiet. 'unfunded liablilites'

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Good discussion on Debt and Interest Rates from WolfStreet. Most of the debt (esp that $150T) just isn't going to be paid or at least not with any form of currency that has any purchasing power.

TLDR - current average cost of funds for the US is @ 3.4%. We have 6T of re-fi slated this year alone. (Using a 10yr Note as an example) on the roll, that debt is to be refi'd @ 200+ basis points more, driving the weighted average cost of funds. Some say we can go to 5% before it hits the fan. Regardless - this is the story of gradually, and then all at once.

Couple of other factoids:

For every $1.00 of stimulus (public money spent into the economy to generate more public wealth) the return is currently @ $0.15.
@ 19% of all income in America is transfer payments
@ 70% of the US Econ is Consumer Spending (*consider these last 2 together)
Current Debt to GDP is @ 130%. That rocket ship took off in 1981, and on a graph (regardless of games played under Clinton in the 1990s) it is has been a virtual straight line on the graph, @ 20 yrs we'll be at 200%.......unless of course the World tires of Modern Monetary Theory and WRC / Treasuries which can be confiscated via sanctions prior to that - kinda bet it does.

ps - Jamie Dimon tells you the truth (if you want the Dollar to be worth something, someone needs to be willing to die for it, b/c nothing backs it but force):

He also mentioned the US dollar's potentially waning status as the leading world reserve currency, which has been an axiom since the end of World War II.

'I always get asked this question: Are we going to be the reserve currency? No. You know, if we are not the preeminent military and the preeminent economy in 40 years, we will not be the reserve currency. That’s a fact. Just read history,' he said.
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T.Rex Arms Meltdown

wvfarrier
kalashnikev said:
The father is the cult leader.

"The Botkin Clan" is much, much bigger than a plastic holster company. There's a for-profit church, a restaurant, books, media, and other affiliated businesses. The businesses are staffed by the flock- but they better be humble. There are "The Botkin Sisters" who do reality TV, "Botkin Brothers" who make holsters for the camera orsomethignlikethat... etc...

The whole story about how this kid became the Steve Jobs of plastic holsters with a batcave full of ninja gear through hard work and commitment is fun. I dig it.

In reality, it was the pooled resources of people being exploited by the cult.

Geoffrey Botkin is the cult leader, and there are no "boards" that exist beyond paper. If he outcast the weinerboy son, he's got a few replacements waiting in the wings.
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Wtf? Seriously????
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Ukraine war Bullshit.

kthomas
SNB said:
:ROFLMAO:

Really?
Who are you asking now? OP?
OP of the previous thread that was banned by the moderator?
Your team also worked conscientiously in it.
Start talking about gun. I urged everyone to do this in the previous thread.
Put everything you've managed to Google on the surface.
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Who is "my team"? I'm not Ukrainian nor Russian, nor do I give two fucks about either of those countries, beyond my country being foolishly involved in this idiotic war.

Both Ukraine and Russia are corrupt shitholes we should have nothing to do with.
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Hensoldt 3,5-26x56 vs PMII

SkyScrapin
Didn't read through all of the above posts, but I have some thoughts,

My Henny 3.5-26 is optically better to my eyes than any other offering. Tangent Theta is the first loser, and it's a veryyy close race. Then ZCO. Then S&B. I don't think I would sell my Tangent Theta or ZCO for a Henny 3.5-26, but I would sell my S&B for one assuming it's the 5-25 PMII.

If I was starting from scratch, I would standardize on Tangent Theta or ZCO for warranty reasons. Henny, at least in the states, has had a rough go at customer service.

TLDR, Flip a coin.

Preston
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