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So ice grabbed his wife and 5 yes 5 kids. All here illegally, the question seems to be will they be deported to Egypt where he's originally from or Kuwait where he lived for 17 years. I say send them to Gaza so they can support the "Palestinians". While he rots in prison.
Can you imagine sitting on a couch pounding a keyboard if a foreign country was marching through the southern border or the northern border? One of these shit bags has claimed that he doesn't need to because he already did his tour. When your country is being invaded by a foreign army is there a "tour" ? Or is it stay till the job is done or your dead.
I think these clowns have to believe the bullshit that they are shoveling to ease their conscious.
Can you imagine sitting on a couch pounding a keyboard if a foreign country was marching through the southern border or the northern border? One of these shit bags has claimed that he doesn't need to because he already did his tour. When your country is being invaded by a foreign army is there a "tour" ? Or is it stay till the job is done or your dead.@kalashnikev and @SNB
Again, why aren't you guys actually over there fighting, doing everything you can to make a difference?
This is a gun forum, we are here to talk about guns. We don't give a fuck about Ukraine, Russia or the 194 countries that aren't the USA.
You guys clearly care very much about this war it's weird that you are coming here to fight with American randos on the internet over it.
Fight and make a difference, lest be a coward.
150 trillion is low. If you include government debt, unfunded liabilities, various financial obligations (private debt and shadow banking) and DERIVATIVES it gets MUCH higher. Like in the quadrillion range according to some. It's an important distinction because it speaks directly to the debt market. There isn't enough dollars running around to cover all of the existing obligations. If/when it goes south there WILL be defaults. It doesn't even have to be in the quadrillion range to do that. Just the lowish trillions. It's important because the blowback onto the GDP should a significant black swan show up will be huge, which will in turn affect all manner of money flows to the governments of the world, not just the US.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.
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.Keeping the HUGE part quiet. 'unfunded liablilites'
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