Trump Assassination Attempt(s)

Paying the debt off with what... debt? We ain't got $34trillion sitting in our coffers. Alternatively, pump out trillions in new M1 off the printing press = crippling inflation.

EDIT: We could just conquer Russia and take their Rubles and vodka.

EDIT 2: We could just conquer Hogg and take his mobility scooter, false teeth and John Denver LPs.

$$$
I'd rather have the Russian women.
 
We already did, after the wall came down and the USSR disappeared. In global banking and investment circles, it's known as "The Rape of Russia."

I remember wondering at the time why the U.S. didn't immediately engage in educating the Russian people on how free markets work, so that they could rebuild their countries on a firm foundation. I was absurdly naïve.

I was Joseph Cotten's American character "Holly Martins" in The Third Man... while the money & power interests were playing Orson Welles' also American character, "Harry Lime."

That's an important movie for Americans to see today. (And some of the most beautiful black & white cinematography ever!) Written by Graham Greene and directed by England's Carol Reed, it's Europe's post-war view of the world under the new USA superpower, and the United Nations.

Europe saw America as populated by simple, well-meaning, myth-believing citizens, but whose policies were run by conscienceless corporate and banking interests--both protected by the U.S. military. I'm politically conservative, but there's no denying the truth of what our gov't has been doing for decades. Eisenhower's warnings were more dire than most of us on the right realized.

View attachment 661509
The Third Man (1949)
Great movie.
 
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I see. So you never had a mortgage? Car loan? Student loan?
And you have an Economics degree?

To accumulate debt, there should be a ROI or be an appreciating asset. Unless you want to assume that we have 34T of assets in exchange for this debt.

Cars are depreciating assets. Mortgages are appreciating assets, or even ownership at worst, Student loans are a hoped for ROI. BTW, why are Americans asked to pay for failed student loans? That is a failed ROI.
 
And you have an Economics degree?

To accumulate debt, there should be a ROI or be an appreciating asset. Unless you want to assume that we have 34T of assets in exchange for this debt.

Cars are depreciating assets. Mortgages are appreciating assets, or even ownership at worst, Student loans are a hoped for ROI. BTW, why are Americans asked to pay for failed student loans? That is a failed ROI.
Yes. Master's. Magna.

See my prior post re: ROI
 
I see. So you never had a mortgage? Car loan? Student loan?
Car loans and student loans are SLAVERY. I pay cash for my cars. Student loans are.... well... stupidity on steroids, but I guess a necessary EVIL to some extent. You have to be careful on the return on investment which many idiots don't. And mortgage loans are not the deal you think they are. You wind up paying way more for the asset than you think. At least it is theoretically an appreciating asset. Car loans are just plain stupid.
 
We already did, after the wall came down and the USSR disappeared. In global banking and investment circles, it's known as "The Rape of Russia."

I remember wondering at the time why the U.S. didn't immediately engage in educating the Russian people on how free markets work, so that they could rebuild their countries on a firm foundation. I was absurdly naïve.

I was Joseph Cotten's American character "Holly Martins" in The Third Man... while the money & power interests were playing Orson Welles' also American character, "Harry Lime."

That's an important movie for Americans to see today. (And some of the most beautiful black & white cinematography ever!) Written by Graham Greene and directed by England's Carol Reed, it's Europe's post-war view of the world under the new USA superpower, and the United Nations.

Europe saw America as populated by simple, well-meaning, myth-believing citizens, but whose policies were run by conscienceless corporate and banking interests--both protected by the U.S. military. I'm politically conservative, but there's no denying the truth of what our gov't has been doing for decades. Eisenhower's warnings were more dire than most of us on the right realized.

View attachment 661509
The Third Man (1949)
The Third Man is free on Amazon Prime right now.
 
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Bobblehead depicts Trump with Ear Gunshot Wound​


From high-top shoes to Bibles and even cryptocurrency, the 2024 election cycle has produced the most obscure and odd Trump memorabilia. Most recently to top the list are two bobbleheads, one of which shows former President Donald Trump moments after a bullet grazed his ear as a result of a July 13 assassination attempt on his life.

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Economic degrees are liberal art degrees and totally subjective, just like my PS degree.
At what point is debt a problem?
Good question. Not sure. We're not there yet, but we need to reduce the rate of increase back to historical norms. Both Trump and Biden are responsible.
 
Car loans and student loans are SLAVERY. I pay cash for my cars. Student loans are.... well... stupidity on steroids, but I guess a necessary EVIL to some extent. You have to be careful on the return on investment which many idiots don't. And mortgage loans are not the deal you think they are. You wind up paying way more for the asset than you think. At least it is theoretically an appreciating asset. Car loans are just plain stupid.
Without a mortgage (debt), you and most Americans including me couldn't buy a house. So... As I said... Debt is a good thing. And an evil as you point out.
 
Good question. Not sure. We're not there yet, but we need to reduce the rate of increase back to historical norms. Both Trump and Biden are responsible.
So you arent sure, but then state we arent there yet?
Can you state what metrics would determine the threshold?
 
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