Imagine how bad
American Economics Thread
- Thread starter Bernard
- Start date
Greatest consumer market on the planet supposedly…
Anglos lack the rebellious and revolutionary nature of the Chinese. I'm not seeing even a peep of action from the sheeple on what is essentially 30-50 years of involuntary servitude to big banks.Damn.
This predicted neo-feudalism is arriving faster than anyone thought.
I think it will be some sort of mass surrender.
Just as the Brits packed up their criminals and unwanted elements to ship to Australia and the colonies, I predict US will try to do the same.
Starbucks was once on top of the world. I'm ready to see it's fall.
SOEs with American characteristics:
- President Donald Trump holds a golden share in U.S. Steel that allows him to veto key business decisions under a deal struck with Japan's Nippon.
- Trump can also appoint a representative to wield those authorities. He selected Commerce official William Kimmitt as his designee.
- The president also appointed David Shapiro, a chief counsel at Commerce, as a board director representing the U.S. government.
Officially, the Department of Health and Human Services declares the US poverty line as $32,150 for a family of four. But Simplify Asset Management Chief Strategist and Portfolio Manager Michael Green went viral last week for saying the line .
Economist?Noah Smith wrote for the Noahpinion blog that Green’s new red line is “” because most Americans aren’t actually living impoverished lifestyles.
Economist?Noah Smith wrote for the Noahpinion blog that Green’s new red line is “” because most Americans aren’t actually living impoverished lifestyles.
I don't know if he finished his PhD but I wouldnt be surprised if he did. Whether you like him or not, he does publish extensively about Economics, not all of his material is inherently bad, and he is decently well-known in the field.
Noah is insufferable, anti-intellectual, and a grifter. None of that is mutually exclusive with being an Economist.
supercat
Colonel
How dollar stores screw the poor and vulnerable persons:
The American federal government is in a $143 trillion hole, a burden that amounts to $1,085,022 per family in the US. The $143 trillion is equivalent to 85% of the net wealth that Americans have accumulated since the founding of the nation, estimated by the Federal Reserve at $169 trillion.
Congratulations!!!! Every American family is a millionaire debtor.