American Reality Check

ancona

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Just wait until China begins dumping treasuries in earnest. That my friend is when this shit gets real.
 

benjamen

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http://www.nationalreview.com/corne...loyment-growth-2000-went-immigrants-nro-staff

"According to a major new report from the Center for Immigration Studies (CIS), net employment growth in the United States since 2000 has gone entirely to immigrants, legal and illegal."

"...there were 127,000 fewer working-age natives holding a job in the first quarter of 2014 than in 2000, while the number of immigrants with a job was 5.7 million above the 2000 level."

"...58 million working-age natives are not employed"

:popcorn:
 

benjamen

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http://cnsnews.com/mrctv-blog/teren...asury-issues-1t-new-debt-8-weeks-pay-old-debt

In testimony before the Senate Finance Committee in October 2013, Lew explained why he wanted the Congress to agree to increase the federal debt limit—and why the Treasury has no choice but to constantly issue new debt.

“Every week we roll over approximately $100 billion in U.S. bills,” Lew told the committee. “If U.S. bondholders decided that they wanted to be repaid rather than continuing to roll over their investments, we could unexpectedly dissipate our entire cash balance.”

"The largest share of the marketable debt--$8,192,466,000,000—was in notes that mature in 2,3,5,7 or 10 years, and which haf an average interest rate of 1.807 percent as of the end of October."

"Another $1,412,388,000,000 of the marketable debt was in Treasury bills, which carry “maturities ranging from a few days to 52 weeks,” says the Treasury. These $1.4 trillion in short-term Treasury bills had an average interest rate of 0.056 percent as of the end of October, according to the Treasury."

"If the Treasury were forced to convert the $1.4 trillion in short-term bills (on which it now pays an average interest rate of 0.056 percent) into 30-year bonds at the average rate it is now paying on such bonds (4.919 percent) the interest on that $1.4 trillion in debt would increase 88-fold."

:noevil:
 

ancona

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I think everyone is already on-board with the end game program. They are all just positioning themselves so they do not catch the blame for total collapse when it happens. They will collapse mind you, but they will be able to point the finger at someone else as the catalyst.

We have an enormous pile of debt that won't be paid, as does every other nation on earth right now. Japan leads the pack with the highest per-capita debt, but most of that is held domestically, so it will be their own people that get wiped out. However, our debt is held nearly universally around the planet, so it would appear that we are in a sort of can't win but can't lose either situation. If we let it all burn, everyone will want to bomb the shit out of us, but if the catalyst is someone like Spain or Italy, at least it wouldn't be the US releasing the kraaken.

Either way, when this balloon finally goes up, the columns of smoke will be visible for a vey long time. You thought Ferguson was craziness?!?!? Just wait for it man, because when the spice stops flowing there will be un believable pain and suffering unleashed, the likes of which have never been witnessed in human history.

Can you imagine for a moment the pestilence that will nearly immediately break loose in crowded cities as a result of collapse? It ain't 'gonna be pretty.
 

11C1P

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There is an extremely good chance for an out for this country, the only ones who might have the stones to do it would be the republicans, but I doubt they will do it. Right now just between a handful of states that allow fracking are making the mid-east sheiks nothing more than another option among a sea of gas stations. If they let them start doing it in public lands and did what we are constantly accused of doing, i.e. only going into kuwait, Iraq et all for the oil or other profit, then we could TAKE all the oil we damn well see fit to take from those countries, of course we would let them have the option of voluntarily giving it to us or selling it for pennies on the dollar. After that we could explain to the world than from now on when they want gas, we will decide how much they can have and how much they are going to pay us for it. Then we explain to Mexico to increase property values and gain some income property, we are going to have exercise eminent domain over their country. We turn the entire Baja peninsula into a series of Hotels, Condos and houses varying in affordable family friendly resorts all the way thru to some luxurious hedonistic ones. The Yucatan will also be turned into a vacation spot as well, but some of it will be the new centralized NASA location (closer to the equator means easier launches). After we do all that we won't have to worry about money and most countries will realize this ain't jimbo & barry's America anymore.
 

11C1P

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Well for the last century we've tried it out where we help everyone for free and agree we are the bad guys for it, so it's about time we fuck everyone else and feel good about doing so.
 

benjamen

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http://finance.yahoo.com/news/u-slides-again-denmark-tops-095900898.html

"The U.S. ranks No. 18 in Forbes’ ninth annual ranking of the Best Countries for Business, down four spots from last year. It marks the fifth straight year of declines since the U.S. ranked second in 2009."

"More than 130 major new federal regulations on starting a business have been added since 2009 at an annual cost of $60 billion, according to the Heritage Foundation."

"Monetary freedom for the U.S. ranks 81st out of 146 countries with only the U.K. and Turkey faring worse among OECD nations."

"The U.S. also gets knocked for its corporate tax climate, which ranks 43rd (out of 146 we ranked countries) in the World Bank’s Doing Business report."

:flushed:
 

bushi

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Seriously, man, change the propaganda channel. With all due respect for the VALUES, that U.S. of A were founded upon, your government was FUCKING UP every other country on the face of the planet, starting with WW1, ending... no, there's no end of this in sight
 

benjamen

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http://cnsnews.com/news/article/bar...-congress-us-may-be-worse-fiscal-shape-greece

"The U.S. has a $210 trillion “fiscal gap” and “may well be in worse fiscal shape than any developed country, including Greece,” Boston University economist Laurence Kotlikoff told members of the Senate Budget Committee in written and oral testimony on Feb. 25."

"...eliminating the fiscal gap would require an immediate 58.5 percent increase in all federal taxes or a 37.7 percent permanent, across-the-board decrease in federal spending."

:popcorn:
 

pmbug

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I vote we cut the spending. Or just freeze the spending so we don't increase it for a while.
 

ancona

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I voter we eliminate every single agency created since 1959. That would not only balance the budget, but bring in surplus. In addition, I say we roll back trade to the same date, including reinstatement of all tariffs and price adjustment factoring so that industries can compete with the likes of Bangladesh.
 

rblong2us

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Me :wave::rotflmbo::pffftt:
And Ive waited too long

Yeah, I know, careful what you wish for ........

Its gonna hurt a lot of decent hardworking folk whose only mistake was listening to and believing the official message :flushed:
 
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