Comments by "Fox" (@tomlxyz) on "Ray Dalio: U.S. is spending more than it is earning" video.

  1. I can't tell what side you're on
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  2. They do
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  3. As far as I know you can't actually have that much cash, it's just cash equivalents
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  4. I don't really get why. China is doing a lot of shady things in their accounting and their consumer market is high in debt already after only existing for a short time, a housing bubble with higher prices than in 2008, companies starting to leave because China isn't cheap enough anymore, etc
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  5.  @ajaxbeta8278  the things that are currently developing in China look like they can become a long term problem
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  6. Yeah, a government looking after poor people, how evil This anti socialist mentality in the US is so absurd that any level of kindness can be labeled socialist
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  7. Why does he keep saying that about the US while being so big on China that has massive deficits shining through even with all their propaganda
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  8. Why should it be on state level? Why not lower our higher? For me it doesn't make sense to put certain things somewhere else than federal, otherwise everything is done multiple times, always reinventing the wheel, having redundant institutions etc
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  9. We're a consumer society and getting things is what it all runs on
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  10. The effective interest rate of government bonds or checking accounts after you account for inflation have for the most time been practical nothing. It's not different now
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  11.  @gatti3933  he got wealthy by other people giving him money and him getting profits off that, not by investing his own money. Hedge funds take ridiculous cuts for themselves. And even worse, he may know the truth but he doesn't necessarily have the incentive to tell it or act on it, like let's say he comes to the conclusion that he no longer knows what to do. Would he close the fund or just keep it running without significant profit while still getting paid a lot?
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