Trump a "liar" but not a "liar-liar"

its actually not going ot hurt that much. what usually happens is you tax the rich in the future. if rich people right now get a tax break, the rich people of the future will have to pay higher taxes. poor people all teh way to middle class is a net negative to the government. middle class might be a slight positive when you factor in positive externalities from the services. the rich are the bread and butter so they must be honored and allowed leniency in all things!

Unless of course the NPV snowballs to -$200 trillion, in which case there is no “reversion” concept, but a dead end.

i mean tehre many countries more levered than us. japan is in a far worse shape than us at over 200% debt to gdp. so i’d look to them first. in addition, us is in a way better position cuz the world and our debt is us denominated. we can easily print usd to pay off people who own our debt. federal reserve can easily keep financing permanent low rates for the us govt if the us runs into trouble. fed reserve will essentially accomodate once shit hits the fannie! the olde greenspan put. we are raising rates right now cuz everything is gucci and heating up. federal reserve wants this shit to slow the hell down and essentially tell the govt to stop pumping.

this is why trump is an idiot. he pumped at exactly the worst time at a late stage cycle to make things ultimately worse. at teh end of the day, the millenials are the ones who will pay with higher taxes for the rich, and lower benefits for the poor.

He did that because things are fucked and there are no other moves. They see the math, you don’t.

Uhhh, they’d be making much more money if the investors were making money as well. Do you even know how hedge funds work, kid?

Easier said than done. Taking investor money, much easier!

You’re the one posting noob stuff. :bulb:

wealth comes with optionality. we have all the wealth. 100 trillion net of debt.

And yet “all” their options come down to: “holy shit we gotta pump the market and extort other nations, or we’re fucked!”

One option is not optionality, it’s the lack of.