US Debt is unsustainable

[Casey Jones]

That's what your grandpap said when you were a kid, too.

I can't speak for Nick...but that's what my grandparents did, too.

Bugged out. Out of Germany.

Actually, twice. After the Fed Depression hit, there wasn't much opportunity for someone with a thick German accent...and they had heard things were better in the Old Country, so they went back.

Unfortunately, what they found was the Wiemar QE Bubble. Things were great, until they weren't. Then they got really bad.

But...it's something every generation seems to have to face, once in their lifetime. It's not whether you bug out or not; it's if you meet your obligations while you make a move.

I've had to think on this, really. I'm too old to bug out. I can't learn Cyrillic or Russian; I won't fit in with Central American natives. So, I ride this bull until it throws me - until I'm arrested for CrimeThink. That's when I either eat my Glock, or force my betters in uniform, to eat some lead.

We will see. Frankly, I'm tired of waiting for the shoe to drop. It's a shame...most of my life was relatively comfortable, even though I was never rich. Then this, at the end.

 

[nickndfl]

In Paraguay they let you keep your guns.

 

[Casey Jones]

What protections does a subject have, that they might change their stance suddenly?

We have the Second Amendment. It's no longer a guarantee, but it is an obstacle. In Canada and in Australia, they had none - and in each, firearms were banned, slowly or partially but suddenly, and with no legal blowback.

And we see what happened with the Coof and with the In-vase-shun, of all these Diversity avatars.

So...again...I dunno. It's another world - a newcomer, and an alien, doesn't know where he stands, or if he has any standing at all.

 

[searcher]

 

[Someone_else]

Yeah, Bessent is like a king's underling whose task is to make the king's expenditures work... somehow.

How many of us remember proclamations from the toadies about their "goals", when it is obvious that they had almost no control of the markets they hoped to influence. "Our policy is to ... blah blah blah." Excuse me, please! Your "policy" message is just verbal horse-shit! Your words are just wishes and you have nearly zero power to effect or affect your wishes or the market.

Whatever the T-bill is supposed to return, I believe that the actual return will be, after inflation adjustment, will ALWAYS be worse than any other investment.

To repeat my myself, the US Treasury offerings will NEVER, EVER be a good investment. NEVER! The inflation factor will always be factored in. Even if you don't see it yourself, the treasury sees it as plain as day.

Yeah, I listened to Bob Brinker on the radio about the "gifts" from the treasury. In the 90's maybe I should have listened to his advice. But I actually did okay putting my brain and energy into Internet tech instead of buying zero-coupon bonds.