PortaJohn

[lariat]

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.

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.

We saw some of this unwinding in the aftermath of the GFC with the dark pools - it couldn't be fully determined who owned homes that were being repo'd. A few took it to the courts and won. If that were to happen at scale it will be catastrophic.

Your analysis of the declining return on stimulus is spot on. The only way out of this is either a financial reset or government default.

 

[theLBC]

Illegal immigrant ‘sponsor’ molested teen girl after Biden admin sent her to live with him: police

The teen “reported three instances of sexual battery by [redacted] all occurring in February 2024.”

thepostmillennial.com

 

[theLBC]

 

[theLBC]

 

[theLBC]

asgh

 

[P-Squared]

Question to the 'Pit' lawyer team:

If 'Good Morning' is harassment, what is 'Then fuck Off Bitch'?

I'm asking for a friend.

 

[theLBC]

 

[theLBC]

 

[theLBC]

 

[theLBC]

asgh

 

[MWAlex2]

 

[MWAlex2]

 

[MWAlex2]

 

[babyguppy]

won't get fixed until ALL the POS R's and D's get tossed. It won't happen, since Johnson is right there in the middle of it.
the UNO party wins

 

[MWAlex2]

 

[MWAlex2]

 

[MWAlex2]

 

[MWAlex2]

 

[babyguppy]

she missed at 2 feet?

 

[MWAlex2]

 

[MWAlex2]

 

[MWAlex2]

 

[theLBC]

probably valid

About The FBI "Prohibited Access" Files - The Last Refuge

Many articles are being written and much typeset is being exhausted by people talking about the recent revelations that the FBI has a designated information silo called “prohibited access” within its record keeping system. Allow me to jump this readership well into the future and give you a...

theconservativetreehouse.com

that's why they "cannot" tell us our own government assassinated jfk, or framed trump and nixon, or created the covid virus...
this would threaten "continuity of government", and the reason they think they can hide shit from us.

 

[MWAlex2]

 

[MWAlex2]

 

[theLBC]

boom

 

[Mr.BR]

How does someone from Romania call in a SWATTING in US

Romanian Man Pleads Guilty To 'Swatting' US Officials, Including A Former US President | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Longshot231]

They will eventually self-eliminate.

 

[theLBC]

i think this is the greta saving hamas tour boat.

 

[theLBC]

 

[P-Squared]

Seriously, how do you fix this culture???

Shut off all .gov assistance. All of it.

Shit takes care of it's self (I know grammar) right quick.

 

[theLBC]

 

[P-Squared]

i think this is the greta saving hamas tour boat.

OH NO...
Oh well in other news...

 

[theLBC]

no.

 

[theLBC]

 

[nso123]

I have said over and over that people don’t understand just how woven into the universities these people are. Jobs were advertised specifically asking for H1B visa holders. The universities paid for the legal process to get them the visas they needed. I think they should revoke all visas of faculty who can’t demonstrate that their expertise is not held by any US citizens.

 

[theLBC]

 

[Sandhog308]

Someone needs to shoot that mouthy monkey

 

[gopherslayer]

I have worked with and still do a bunch of Hmong/ Laotians . 1st and 2nd generation are good workers and reliable. The younger ones are infected with lazy American syndrome.
Generally I get along with SE Asians!
Now Somalis! I fucken can't stand the sight or the smell of those Goddamn anti white anti American skinny shit stains!

My first job where I worked with the Hmong I said out loud at work that you could tell who had to run through the jungle to get to the US, fat lady next to me actually said I wasn’t wrong for saying it. The first and 2nd Gen US were lazy fuckers. When I was a toolmaker I had a Hmong coworker and his dad was a colonel before they ran for their lives and swam across the river while being shot at and hunted at night. We had some quality conversations while hand polishing a draw station with stones. He was surprised I knew as much about Hmong as I did.

 

[lariat]

won't get fixed until ALL the POS R's and D's get tossed. It won't happen, since Johnson is right there in the middle of it.
the UNO party wins

I’m wondering when everyone is going to wake up and realize that the next presidency will continue with everything that was stopped via EO. Since it didn’t go through congress it doesn’t have to go back through. It just starts back up with another EO for the most part. DEI will come back strongly, along with USAID, higher taxes, regulation, climate change initiatives, border relaxation and other things. There was no conservative win, only a liberal pause.

 

[atomic41]

I’m wondering when everyone is going to wake up and realize that the next presidency will continue with everything that was stopped via EO. Since it didn’t go through congress it doesn’t have to go back through. It just starts back up with another EO for the most part. DEI will come back strongly, along with USAID and other things. There was no conservative win, only a liberal pause.

Right, and when they are back in power shit gets real very quickly. Enjoy the pause while you have it because it's gonna get real fuckin ugly when the orange man is gone and revenge is dished out on the deplorables.

 

[Jscb1b]

Quote the prophet, buy more ammo!

 

[Longshot231]

 

[theLBC]

 

[theLBC]

 

[Blue Sky Country]

Like a scene straight from The Sopranos, a captain in the La Familia Michoacana cartel in Mexico was taken out in an old school Sicilian Mafia style ambush by a rival crew, possibly the CJNG or another local satellite gang. You can almost imagine that Christopher Moltisanti was the mastermind behind this as this was the Soprano thunderhead's favorite style of ambush killing.

https://theync.com/el-wicho-la-familia-michoacana-figure-killed-in-broad-daylight-attac.htm

 

[theLBC]

 

[theLBC]

 

[Aussie Joe]

Its been happening all over the world.
In India, they banned the rendering of babies during the routine ultrasound checkups because all the girls got aborted, same thing in China with their 1 child policy led to mass abortion of girls, and now they are stuck with 5 guys to every single girl population unbalance.

 

[Blue Sky Country]

Its been happening all over the world.
In India, they banned the rendering of babies during the routine ultrasound checkups because all the girls got aborted, same thing in China with their 1 child policy led to mass abortion of girls, and now they are stuck with 5 guys to every single girl population unbalance.

With all these sorts of horrors happening around the world it is almost unfathomable to think at there are ungrateful pricks like these libtards living here where their very lives had been secured and protected by a system that is not perfect, but at least puts far more emphasis on the protecting of all lives than many of these shitholes where someone can murder an infant and still see the day of light tomorrow.

That is one of those hard red lines for me that if crossed, there is no going back. If I happen to be in one of these hellholes and someone, doesn't matter dude or bitch, is bold enough to confide in me that they had murdered a baby, or talk about the details of doing so within earshot, that shit is going to get settled within the next 5-30 seconds. There will be no confrontation, except feigned interest and an innocent curiosity to know more just to get more info. As soon as their fucking heads are turned, that framing hammer is sliding out from somewhere and planted right into their fucking brain. Don't give a fuck what happens afterwards either. Talk about doing some shit like that, ain't gonna be no walking away afterwards...