@juliepatriot67@Amy_Buttermaker She doesn’t care because I think she knows actual taxpayers are outnumbered by those on govt support + migrants (her base)
@LukeGromen@CapitalThieves@vtchakarova Says the jagoff who ignores the facts I cite. 7% nominal GDP when the cost of capital (10y and/or BB debt) is ~5.5%. Growing 27% yoy not having come out of recession and this clown is bearish… yelling at the sky.
@LukeGromen@vtchakarova Gold, land, SPR, mineral rights, fnma/fhlmc, strategic stakes in companies like INTL… they don’t have to actually pay the fucking debt off, they just need to show the market they have the capability to. And the assets are compounding at a faster rate than the debt.
@LukeGromen@vtchakarova We’re growing nominal gdp by 7%, earnings yoy by 27%. Why don’t you ever talk about the asset side of the Fed govts balance sheet? In a world where household net worth is $150tr, imagine the Fed govt also not having multiples of the $40tr debt, compounding at a faster rate.
@LukeGromen@vtchakarova We’re growing nominal gdp by 7%, earnings yoy by 27%. Why don’t you ever talk about the asset side of the Fed govts balance sheet? In a world where household net worth is $150tr, imagine the Fed govt also not having multiples of the $40tr debt, compounding at a faster rate.
@APompliano More bs narrative. Household net worth is $150tr. Do you not think the asset side of the US govt balance sheet is multiples of this?! If not, I have a bridge to sell you.