Comments by "Piccalilli Pit" (@piccalillipit9211) on "Nolan Matthias" channel.

I WRITE BOOKS on psychology and the collapse of civilisations and I will be brief - this is the U5A's USSR 1991 moment It really IS over.
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NEVER UNDERESTIMATE A GOVERNMENT'S ABILITY TO POSTPONE THE INEVITABLE but it is inevitable and this economic bubble is so huge and so wide and so all-encompassing... ... and the fundamentals of the US economy so FAKE [GDP growth is entirely National Debt Increase etc] that when it comes, Im sure it will be a depression bigger than the great one.
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PEOPLE KEEP SAYING THEY CANT BELIEVE WHAT IS HAPPENING WHY? Its the logical, obvious and fitting conclusion to a country that bullied the world, made money its God, worshipped the hyper rich and celebrities, and voted for tax cuts instead of education.
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AS LONG AS THE GLOBAL ECONOMY IS GROWING your trade deficit didn't matter - cos the world needed the $$$$ you were printing to conduct the added trade - so they were sucked up and that kept your inflation low. But you got GREEDY and 5TUP!D - and you abused the $USD as a weapon. It was specifically the weaponisation of the SWIFT banking system re Russia that scared the world *****less and they made plans
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average IQ 97.2. North Korea 98.8
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CORRECTION - SAUDI ARABIA HAS COMPLETELY ABANDONED THE US They trade in RMB, Digital RMB and they keep their $USD in China now not the US
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I'm a multi-book published author on psychology and the collapse of civilisations - NO - its over. its 1991 USSR time for you. You have entered a phase called interconnected cascading systems failure - its the end and there is no way out. There is a LONG way to go lady - and its ALL down. I know as an Am3ric4 you have built your personality around the US being No1. But you are just going to have to come to terms with the fact that is no longer the case.
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@amdstrollo3074 OH your country is totally in recession - the entire economy is a conjuring trick by the Govt. A recession is 2 Qtrs of negative growth, well your entire GDP growth for the last 3 years has been just national debt spending. Your REAL GDP growth is negative. Credit card spending on essentials not paid off at the end of the month is 1.8% of GDP - thats not REAL GDP is it??? $0.9 Trillion of GDP is RETURNS to online shopping companies - you see if you spend $100 that is $100 GDP if you THEN return it the shop BUYS IT BAC off you for $100 that is ALSO $100 of GDP = $200 of GDP and ZERO value-added, in fact value destroyed cos they dont resell the goods they dispose of them. The ENTIRE GDP of Switzerland is entirely fake in the US on returns to online shopping companies. I can go on for hours - this is kinda my job. This is why the Dems lost - they looked at the fake figures and said "WE ARE DOING AMAZING...!" and every real person living a real life said "We are DEEP in recession:" But I agree with your 2nd part - the rich are so rich they are distorting the numbers
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HERE IS THE REALITY - AM3RIC4 PRINTS MONEY FOR FEE AND BUYS REAL PRODUCTS WITH THOSE $$$ Because you had the reserve currency...!!! ANY OTHER country that did this would have a MASSIVE inflation problem - but the GLOBAL economy keeps growing and needing MORE $USD to function - so they mopped up your excess $USD that you printed for FREE and swapped for TV's and cars...!!! This is the basis of you being RICH...!!! You could endlessly print money and never have hyper inflation. Trump 1 and Biden BOTH messed this up ---> by weaponising the $USD so the world started to move away from it and this presented you with a MASSIVE problem - but the tariffs only 100% GUARANTEE the end of the $USD as the reserve currency.
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"Only retail sales are rising but it means nothing as crédit card default are skyrocketing" $0.9 Trillion in the US retail sector is fake GDP from people returning items. It counts twice as you buy it and then the shop buys it back - but NO value was added Thats an economy the size of Switzerland that is totally fake in the US. Not 1 cent of tax paid or wages paid on it. $450 billion purchased, $450 billion refunded
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