It is over for $usd and $tsy! There is no more a point of return!! 10% 10yr Treasury at a Dem circus near you, next year!! The world has figured out USA is bankrupt. Game over!!
@The_Real_Fly How dumb can EU leaders get??
Buying out silence can only be temporary. People will revolt.
Bottomline, there is no public support for Ukraine at grassroots level in EU or in USA.
#Zelensky#Ukraine
@zerohedge What pussy!! to have passed CR till Nov end selling out to Dems!! These people who say "I am doing it for the country" are doing the most damage to the country.
#speakervote
The Market got smashed on Fed fighting out of Control Government Spending…
How does this Public Spending ever stop if you keep raising the Debt Ceiling - without any Spending Cut Backs?
We have been doing this Kabuki Dance since 2011
No Pain No Gain. They will Never Stop.
So $AAPL revenue is DOWN 3% YoY & eps is precisely flat $1.52 vs $1.52 this quarter last yr.
No earnings growth and negative revenue growth yet a 28x PE, insane.
Any small or mid cap company putting up these types of numbers would have a single digit or low teens multiple.
in the 1980's
the US economy was built on
real Manufacturing
today, the US economy is purely based on "debts"
& cheap money
& Bernanke's wealth-effect
all a mirage, a chimera, delusion
even with a mere 6-7% peak-rate for a year
all markets would break
all hell breaks loose🧐
@richkunkel@StriderElass What % of that 25% spending is interest payment on treasuries?
Because that number will continue to rise. That means programs will get less money, more will go to debt servicing.