Comments by "worn down" (@worndown8280) on "Stoic Finance" channel.

  1. Bankers bailing out bankers. I'm shocked. Shocked. That said I think historically this whole era from 2006 to whenever we finally let this play out is going to look like a single event. Rather how we look at the Great Depression now.
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  2. Usher voice: "let it burn!" Honestly thats what needs to happen. Men are already finding ways to earn money without being employed and so are some women. We are mid step between a two different economic models.
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  3. No bull run, rug pull.
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  4. And no one blinked when Russia did it to Georgia. Maybe stop poking the bear and it will go back to sleep.
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  5. The Fed are just bankers dude. They are bailing out other bankers. You say it's via inflation like that's some new idea. 😂
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  6.  @dawnfire82  I never said anything about devalued currency. But it does making paying off past debts easier. But it's always at a cost of future wealth.
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  7. SSI, Medicare and Medicaid already make up over 60% of the Federal budget. How much more do you want?
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  8. It wasnt started by supply chain issues. Inflation is a monetary issue. It always has been and always will be. We have inflation because for over a decade we had all governments giving free money to everyone. Corporations taking out massive low cost debts and individual people going on a buying frenzy. Covid is just the straw that broke the camels back
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  9. Wait until oil explodes in price after the election. Its like world leaders in North America and Europe want to suicide their nations.
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  10. This is what news is supposed to be.
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  11. Looks like a certain geo political analyst was correct.
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  12. governments choices, cut spending and have a lost decade or two of economic growth. Keep spending and inflation goes up and debt eventually crushes everything. Americans should know which one any government ran by any party is going to choose. People will whine about on the military gets to much or illegals or wars in Ukraine or Israel, but it only takes a quick look to see where over 60% of the budget is going, year after year. Social Services. People dont want those cut either. But they will be. Either by choice or by the situation. This might not happen this year or for 5 years, maybe a decade or even 3. But it will happen. Folks best prepare like its going to happen tomorrow though.
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