Long form, with a lot of charts on all kinds of debt/delinquency indicators, via el gato malo.
I like reading these for perspective on how Trump's stimmy checks indicate a panic. Same with 50-yr mortgages...hate to see the chart I've included here.
Having said that, I still would have been in favor of removing the filibuster to get election integrity and clearing the voter rolls...as well as all social programs...of illegal immigrants.
I think we need enough of these things reset before democrats/socialists seize control...if they can with election integrity and only citizens voting. If we get enough of a runway for some of these changes to have an economic impact to sway common sense voters to stay the course.
Then - get rid of Obamacare and all the corruption associated with it. I do like the idea of Trump just putting the subsidy in the consumer's hands to go to a free market for competitive insurance. FYI - I strongly encourage CrowdHealth.
We may also get new numbers on when entitlements run out of funding if we (1) get rid of the illegal and dead people on the rolls, and (2) actually keep the funds in the entitlements versus allowing them to get spent in other endeavors. Then we take those entitlement funds - and invest all funds in BTC (or BTC and gold) that the program doesn't need to deploy for 5/10/20 years...choose the duration because all better than the current solution.
Let's go ahead and get rid of congressional insider trading and add term limits while we are wishing.
trumponomics, 50 year debt, and a worrying desperation
buckle up, the news does not look great
