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They want the 10 year down to zero again. The only way it goes there is to force a recession. There is no other way to do it fast enough to blame the recession
by jarsin 2y ago
They want the 10 year down to zero again. The only way it goes there is to force a recession.
There is no other way to do it fast enough to blame the recession on previous administration than to up the unemployment rate fast.
- energy123 2y agoWhy would you force a recession to escape interest payments totalling 4% of GDP? It makes more sense to preserve a strong real economy to help fund those interest payments.
- FollowingTheDao 2y agoA recession does not hurt the wealthy, it helps them. They buy everything the poor sell to stay alive. "You will own nothing and be happy" was a command.
- jarsin 2y agoThe interest payments are greater than the defense budget. It will bankrupt the US. > In 2024, the U.S. government paid $1.2 trillion in interest on its debt, which was a record high. This was the second largest federal expenditure, after Social Security.
- energy123 2y agoIf 4% of GDP will bankrupt the US, then why would you want a recession which will lower GDP by more than 4% compared to the status quo?