In a shocking twist of events, the Supreme Court approves Sleepy Joe’s student debt elimination plan, the dollar takes its biggest plunge in over 50 years, the stock market drops 15% in one week respectively, Ukraine withdraws troops from Kiev, China sends tanks to Russia, North Korea shoots down two fighter jets it claims entered their air space, the world braces for nuclear war, riots break out in the United Kingdom, Lockheed & Martin lays off 20,000, the earth continues circling the sun, and the crows live happily ever after, unless they get torched. Hahaha 😂🤣😂🤣
Ha, ha. You write one of the most politically incorrect blogs on the planet. I still felt like I should call this one out: "...inflation Indians are off the reservation."
But what will happen if the USD is no longer the world’s petrodollar, the world’s reserve currency? Or when is the tipping point where other currencies, or baskets of currencies, overtake the dollar as the primary reserve currency. It has already lost its’ status as the world’s sole reserve currency, at least where petrodollars are concerned.
Can the Fed start printing money again with the dollar in free fall, or will the sound of the printing press restarting be the catalyst that ignites the free fall? Or is it death by a thousand cuts? What are our choices given a precipitous and ongoing decline in the value of the US dollar - hyperinflation or a collapsed economy, or something else?
I love your prose and your insights on the future, (?), but we are living through this and Joel, Dan, and Tom are keeping us posted. Please tell us what is happening on the Rancheria. Jefe. Just saying! Fla J.,
Our future is a movie we have seen before. Will we never learn?
Yes Dorothy, the movie is called The Wizard of Oz.
Biden = The Cowardly Lion
Harris = The Wicked Witch of the West
Powell = Scarecrow
Blinken = The Tin Man
Dorothy, who is Dorothy?
And the most high and powerful: The Wizard of Oz is none other than PRESIDENT DONALD JOHN TRUMP!
Yeah! TRUMP! TRUMP! TRUMP!
Hahaha! 😃😂
The Future! Nah!
In a shocking twist of events, the Supreme Court approves Sleepy Joe’s student debt elimination plan, the dollar takes its biggest plunge in over 50 years, the stock market drops 15% in one week respectively, Ukraine withdraws troops from Kiev, China sends tanks to Russia, North Korea shoots down two fighter jets it claims entered their air space, the world braces for nuclear war, riots break out in the United Kingdom, Lockheed & Martin lays off 20,000, the earth continues circling the sun, and the crows live happily ever after, unless they get torched. Hahaha 😂🤣😂🤣
Ha, ha. You write one of the most politically incorrect blogs on the planet. I still felt like I should call this one out: "...inflation Indians are off the reservation."
But what will happen if the USD is no longer the world’s petrodollar, the world’s reserve currency? Or when is the tipping point where other currencies, or baskets of currencies, overtake the dollar as the primary reserve currency. It has already lost its’ status as the world’s sole reserve currency, at least where petrodollars are concerned.
Can the Fed start printing money again with the dollar in free fall, or will the sound of the printing press restarting be the catalyst that ignites the free fall? Or is it death by a thousand cuts? What are our choices given a precipitous and ongoing decline in the value of the US dollar - hyperinflation or a collapsed economy, or something else?
I love your prose and your insights on the future, (?), but we are living through this and Joel, Dan, and Tom are keeping us posted. Please tell us what is happening on the Rancheria. Jefe. Just saying! Fla J.,
It’s getting close to asking many question of the lenders of credit to all the worlds Tom’s, Dick’s and Harry’s.
Really dumb Questions such as -
‘When did you last lend to anyone, where you thought, this dude really has no idea what he is doing, but that’s not gunna be my problem?’
‘Did you have to give out the last $10k loan today, just to meet quota for the month?’
‘So was the business trading at a profit or a loss but either would be OK to extending credit terms?’
‘So would you like an extra couple of credit card for your teenagers, so they can grab those fries with their burgers?’
Trite maybe, but analogies of what bankers & credit cards are creating as loans on their books, that they then get audited as ‘Current Assets.’
Really ?