Both parties are hell bent on flying this country into a mountain.
Maybe Elon's third party can do something.
I used to view the mcarthy era of communist purges as a bad thing that harmed many innocents. But if we are going to throw out due process and habeus corpus anyway? I want the MAGA and donors like musk hunted like any communist was. And their children and grandchildren on watchlists . Just like the commies.
https://www.pewresearch.org/short-reads/2013/09/27/chart-of-...
You changed the subject from the BBB to the overall debt. The BBB was not bipartisan legislation.
The dems also increase the deficit but at least they dont lie about their intentions.
But we are around or just over Bessent's pain points for /ZB and /zn so we'll see
Treas by central banks https://home.treasury.gov/data/treasury-international-capita...
toomuchtodo•6mo ago
The Foreign Investors Who Bought the Recklessly Ballooning US Debt: July 2025 Update - https://wolfstreet.com/2025/07/18/the-foreign-investors-who-... - July 18th, 2025
Why the economy won't grow out of this debt structure:
Grow the Economy? Not With These Immigration Restrictions - https://www.bloomberg.com/opinion/articles/2025-07-18/immigr... | https://archive.today/GfLWG - July 18th, 2025
throwawayqqq11•6mo ago
Trump is kind of the perfect storm, it looks almost deliberate. I wonder if right wing media will still be able control the narrative and place the blame on some other minority in all the down trend -- wether the US might recover or stay on that trajectory.
atoav•6mo ago
That might depend on how much more dirt his followers are willing to eat for Trump. And this is somewhat hard to predict, many of them are already so deep in the con there is a significant sunken-cost fallacy at play. But I am pretty sure all of that has limits as well.
Newlaptop•6mo ago
Europe has its own problems, and US instability will magnify them. The last 20 years have shown that China is essentially uninvestible for foreigners. Japan maybe offers relative stability but without growth. Commodities might seem like a safe haven, but will decline in value in a recession.
For the pension funds, insurance companies, and sovereign wealth funds who hold the hundreds of billions of dollars of US debt instruments, what are the realistic option? Buy billions in gold? Invest in Japan, South Korea and India? Bet on a European turnaround? Yolo it on fartcoin?
I'm not sure what the safe haven is when America goes bankrupt.
owl_vision•6mo ago
toomuchtodo•6mo ago