Wealth For Real

“We’re in debt up to our eyeballs, and we pay no taxes.” - @theRealKiyosaki

[Wealth For Real @wealth_for_real]

My thesis for the coming US/global economic collapse spanning 2025-35, unfolding in 3 major steps (pinning to top of feed for posterity):

1. Renewed inflation, primarily fueled by money supply expansion from the 2020 pandemic, accelerates circa 2025 as transaction velocity picks up speed, ravaging the economy the second half of the decade.

2. Commercial real estate collapse unfolds across 2025-28, compounding item 1 above, as $2T+ in CRE loans face potential default, not to mention the trillions in derivative investments that topple as a result, creating deeper shockwaves through the economy (US & global).

3. Unfunded entitlement programs (Social Security & Medicare) totaling $200T+ go bankrupt earlier than expected (early 2030’s vs 2040-ish [US govt projection]), forcing program cuts, higher taxes, and more inflation right when items 1 & 2 above are in full swing.

Combination of all 3 items creates the conditions for US dollar collapse, among numerous other unsavory economic outcomes.

[Peter Schiff @PeterSchiff]

I hate to rain on this parade, but the Department of Government Efficiency (DOGE) is not a real department. It exists outside of government and has no authority to do anything. Like any one of a number of independent think tanks that already exist, it's free to make any recommendations it wants, and the government is free to ignore them all. Even if the Trump administration actually proposes some of the DOGE recommendations, they mean nothing unless Congress votes to pass them, which it won’t.

Since no Democrats will vote in favor of eliminating any government department or agency—except perhaps the Space Force—the House will need over 98% of Republican votes. This is nearly impossible to achieve with so many RINOs still in the House and so many representing swing districts. In the Senate, even if all Republicans vote in favor of the cuts, they still don’t have 60 votes.

Also, regarding firing government workers, the civil service unions make that nearly impossible. The best Trump can do is allow the workforce to shrink naturally through attrition. That will help, but the savings over the course of his term will be minimal.

Of course, the nearly impossible task will become completely impossible after the Republicans lose the House in the midterms. That is normal for the party in power. In two years, Trump and the Republicans will own the economy. With stagflation firmly entrenched by then, disappointed voters will again vote for change. But as usual, there will be no real change until an actual dollar and sovereign debt crisis finally forces our leaders to act. @elonmusk @VivekGRamaswamy @realDonaldTrump

[Chris Anastasio @cjanastasio]

Annual inflation rate hit 2.6% in October, meeting expectations - CNBC

Cue the narrative that life is getting financially easier because price increases have slowed. 📈 https://t.co/FehH3z6uTK

[David Stockman @DA_Stockman]

For Christ's sake, Donald, you pick a Pom-Pom Boy for SecDef when you could have had Tulsi Gabbard, who is actually a deeply knowledgeable, serious thinker and has a sweeping understanding of how to bring the Empire Home. You will be drowning in the Swamp before you are sworn in. Your initial picks have been awful, awful, awful neocons and novices.

[Wealth For Real @wealth_for_real]

@NorthmanTrader Absolutely

[Wealth For Real @wealth_for_real]

Vance says eliminating federal income taxes is not ‘realistic’ as Trump floats it https://t.co/B7fg0I6zul

[Wealth For Real @wealth_for_real]

The great contradictions of the real estate market moving into 2025 https://t.co/Mkbe1ahlOO

[Wealth For Real @wealth_for_real]

Mortgage rates were supposed to come down. Instead, they’re rising — here’s why. - NPR https://t.co/SH4VVbNBDl

[Wealth For Real @wealth_for_real]

How to Save on Taxes by Giving Stock and Real Estate to Parents - Business Insider https://t.co/fNs2BPOXjh

[Wealth For Real @wealth_for_real]

The US tax code will change next year; the presidential election will determine how https://t.co/gfRN0p7G22

[Wealth For Real @wealth_for_real]

Nvidia CEO's bombshell raises the bar for the stock - TheStreet

So glad I bought some of this. https://t.co/Al4A7BemNm

[Wealth For Real @wealth_for_real]

US office real estate market shows signs of bottoming after big discount sales | Reuters

🤔🤔🤔 https://t.co/wJn0lOabGu

[Wealth For Real @wealth_for_real]

Gonna get uglier and uglier

[Wealth For Real @wealth_for_real]

The IRS will soon set its new 2025 tax brackets. Here's what to expect. - CBS News https://t.co/v8dU7VdoYe

[Wealth For Real @wealth_for_real]

Half-century real estate data shows top cities for multifamily housing, self-storage, and more https://t.co/7pNbXL7gr2

[Wealth For Real @wealth_for_real]

Here’s how stock futures are moving now - CNBC https://t.co/LY1NuyH0Xf

[Wealth For Real @wealth_for_real]

The four megatrends that will shape the future of commercial real estate | Oxford Economics https://t.co/D4nFVvSd1g

[Wealth For Real @wealth_for_real]

Take heed of my point about ratings agencies, if nothing else.

[Chris Anastasio @cjanastasio]

Let me guess -- the oligarchy decides what "misinformation" is, correct???

DING-DING-DING!!

CORRECT!!

[Chris Anastasio @cjanastasio]

LOL, thanks @nntaleb - unfortunately, the oligarchy gets to define it. And it fluctuates, according to their framework at any given time.

[Wealth For Real @wealth_for_real]

When Property Investors Want Out, These Bargain Hunters Rush In - The New York Times https://t.co/ipizHM6Dbs