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Not to worry
I use the analogy that you let the puppy crap on the rug for six months and then you try to house break it . The passing of NAFTA caused it & that was continued by both political parties!
( admin, I'm not being political.)đŸ˜‡ . It's gonna take a little bit of time to get us back together, but it will happen! Give it six months and you'll see!đŸ‡ºđŸ‡¸ |
Recession odds closer to zero.
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Bologna
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Big up day coming Monday on Wall Street now that Trump just removed tariffs on China for computers, smartphones, TVs, chips and other electronics.
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This whole tariff thing is proving to be the fuse that is lighting the bomb, which is our country’s real problem that nobody seems to want to address. That problem is our country’s unsustainable level of ever growing debt (over $36 trillion and rapidly growing). Without foreign countries willingness to fund our country’s out of control debt levels, we are basically screwed. Anything we do that causes foreigners to loose confidence in the financial stability of the good old US of A spells disaster. Not to mention the fact that the interest payments alone on the debt are crippling to the nation’s budget. Stay tuned and buckle up, this has the potential to get very ugly.
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that says when the interest on a country's debt EXCEEDS the money spent on it's military, then that country risks having big problems. And right now the US debt interest EXCEEDS the military spend by a small amount. |
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Japan's peak holdings were in 2021. Japan decreased holdings from 2004 to 2008, then 2014 to 2018, then 2021 to 2022. Holdings are greatly impacted by Japan's liquidity requirements. |
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