I know man. I'm starting to get ticked off at President Biden. What kind of self-respecting Democrat would NOT pump up the national debt as far as it could possibly go? Put Ilham Omar or Alexandria Ocasio Cortez (or however you spell their names) in power and THEY will be some REAL Democrats! They will print that 5,000 TRILLION you metioned and more and laugh about it. Hahahahahahahahaaaaa! 🤣 Dude, A.O.C will have YOU sitting on a beach in Cancun sipping on Mai Thai's because she paid off your mortgage and gave you a $1 MILLION DOLLAR UBI per month. Hahahahahahaa! 😃
Buy the whole world, then herd everyone except Americans onto the continent of Australia, tucked nicely out of the way, then give Americans all the land and personal property of the whole planet. Imagine how STRONG we would be? We would own EVERYTHING! But NOOOOO, you got idiots in charge who would rather DESTROY America than see her REIGN SUPREME! I just don't get folks.
And this is not just pipe dream. This is just fact. While the USD is the world's reserve currency, we should print trillions but use them wisely and buy all the real assets, setting up research labs, buying mines, getting the best brains from around the world and so on. This is free money.
I think we will see WTI lower, maybe 62 or 60 USD. So I will wait and see, to buy a bit cheaper. Probably I will buy WTI Future as a speculation and Imperial Oil as a kind of invest. On the long run I expect WTI higher than 100 USD. 150 USD would be a nice long term target imo.
Dollar is backed by Mercedes, BMW, AirBus, Toyota, Honda, and every other company in the civilized world. When DXY falls below 88, oil may start moving up towards 100 but no one knows when.
"The dollar is our currency, but it is your problem’
Just went through whole lot of articles in the last 20 years. So may fools had been predicting dollar crash in the last 30 40 years. They all got buried and destroyed. Remaining ones are on walkers. LOL
I was reading articles when Clinton first became president. Debt crossed 1 trillion and so many fools declared end of America and dollar. They are all dead I guess but the DXY is way up since then as the debt crossed 20 trillions.
Not sure how this narrative that the 'middle class is getting destroyed' came into fashion but it does not seem true at all. Middle class seems to be booming ! I see it around me and here is from forex.com where I trade currencies
LIVE MARKETS-Check, please: Hiring disappoints but services breaks speed record
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"U.S. consumers are flooding back into restaurants, bars and hotels as activity in the services sector expands at a record pace, data released on Wednesday showed."
-------------------------
Everything is FULL 7 days a week!! It's crazy. This does not happen when the middle class is getting destroyed. Far from it. I eat out almost everyday and always start a conversation with the restaurant owner/manager. They all have one complaint. Demand is HUGE but we can't find workers. I went on to commercial real estate sites. Crap restaurants are selling for millions.
Gold and silver are in the gutter shitters for a decade, dollar is spiking, houses sold out, stocks through the roof along with the junk bonds, hiring signs everywhere, expensive cars all over the place,
If these are the signs of a collapsing economy and extermination of middle class then I am not sure what are the signs of a booming economy. What others see around them ? Ignore the stats and headline news.
Forget jobless claims. They will be bad tomorrow because I think the universal basic income has been implemented already in some form. Why would anyone take a job when the govt gives you more money for not working ? Also you will lose state medical coverage if you go to work. So why should jobless claims even be a criteria for evaluating the economy?
Biden Is On A Roll!
https://www.facebook.com/1456310534453054/videos/895868534589510/
Just print 5000 trillions and buy the whole world. Get done with it. Dude is disappointing me.
I know man. I'm starting to get ticked off at President Biden. What kind of self-respecting Democrat would NOT pump up the national debt as far as it could possibly go? Put Ilham Omar or Alexandria Ocasio Cortez (or however you spell their names) in power and THEY will be some REAL Democrats! They will print that 5,000 TRILLION you metioned and more and laugh about it. Hahahahahahahahaaaaa! 🤣 Dude, A.O.C will have YOU sitting on a beach in Cancun sipping on Mai Thai's because she paid off your mortgage and gave you a $1 MILLION DOLLAR UBI per month. Hahahahahahaa! 😃
Buy the whole world, then herd everyone except Americans onto the continent of Australia, tucked nicely out of the way, then give Americans all the land and personal property of the whole planet. Imagine how STRONG we would be? We would own EVERYTHING! But NOOOOO, you got idiots in charge who would rather DESTROY America than see her REIGN SUPREME! I just don't get folks.
And this is not just pipe dream. This is just fact. While the USD is the world's reserve currency, we should print trillions but use them wisely and buy all the real assets, setting up research labs, buying mines, getting the best brains from around the world and so on. This is free money.
Did you watch Zio's Alex Jones video yet? It will give you a REAL idea of how many TRILLIONS we have spent.
https://www.infowars.com/posts/globalists-frantically-pushing-vaccines-but-fewer-believe-their-lies-thursday-live/
and more trillions they spend more the dollar goes up
I think we will see WTI lower, maybe 62 or 60 USD. So I will wait and see, to buy a bit cheaper. Probably I will buy WTI Future as a speculation and Imperial Oil as a kind of invest. On the long run I expect WTI higher than 100 USD. 150 USD would be a nice long term target imo.
Dollar is backed by Mercedes, BMW, AirBus, Toyota, Honda, and every other company in the civilized world. When DXY falls below 88, oil may start moving up towards 100 but no one knows when.
"The dollar is our currency, but it is your problem’
https://www.thejakartapost.com/academia/2021/01/27/the-dollar-is-our-currency-but-it-is-your-problem.html
When you see those workers of these companies working hard, they are working to prop up the dollar.
Sounds surreal but it's true
Just went through whole lot of articles in the last 20 years. So may fools had been predicting dollar crash in the last 30 40 years. They all got buried and destroyed. Remaining ones are on walkers. LOL
I was reading articles when Clinton first became president. Debt crossed 1 trillion and so many fools declared end of America and dollar. They are all dead I guess but the DXY is way up since then as the debt crossed 20 trillions.
Yes, the link is working
Not sure how this narrative that the 'middle class is getting destroyed' came into fashion but it does not seem true at all. Middle class seems to be booming ! I see it around me and here is from forex.com where I trade currencies
LIVE MARKETS-Check, please: Hiring disappoints but services breaks speed record
---------------------
"U.S. consumers are flooding back into restaurants, bars and hotels as activity in the services sector expands at a record pace, data released on Wednesday showed."
-------------------------
Everything is FULL 7 days a week!! It's crazy. This does not happen when the middle class is getting destroyed. Far from it. I eat out almost everyday and always start a conversation with the restaurant owner/manager. They all have one complaint. Demand is HUGE but we can't find workers. I went on to commercial real estate sites. Crap restaurants are selling for millions.
Gold and silver are in the gutter shitters for a decade, dollar is spiking, houses sold out, stocks through the roof along with the junk bonds, hiring signs everywhere, expensive cars all over the place,
If these are the signs of a collapsing economy and extermination of middle class then I am not sure what are the signs of a booming economy. What others see around them ? Ignore the stats and headline news.
Forget jobless claims. They will be bad tomorrow because I think the universal basic income has been implemented already in some form. Why would anyone take a job when the govt gives you more money for not working ? Also you will lose state medical coverage if you go to work. So why should jobless claims even be a criteria for evaluating the economy?