LGBFJB+โฆ ๐บ๐ฆ ๐ต๐ธ ๐ป๐ช ๐ธ๐ด ๐ฎ๐ท โMost people are not just comfortable in their ignorance, but hostile to anyone who points it out.โ -Plato
@juliepatriot67@Amy_Buttermaker She doesnโt 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 bearishโฆ yelling at the sky.
@LukeGromen@vtchakarova Gold, land, SPR, mineral rights, fnma/fhlmc, strategic stakes in companies like INTLโฆ they donโt 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 Weโre growing nominal gdp by 7%, earnings yoy by 27%. Why donโt 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 Weโre growing nominal gdp by 7%, earnings yoy by 27%. Why donโt 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.