The US Fiscal Trainwreck

[Bill Ryan]

We don't have a thread on this, and we need to — because it's all going to come crashing down. When and how, we don't know, but everything in the US is going to break. And it might happen quite soon.

To start this thread, here's Chris Martenson in a video released an hour ago. As one might expect, he explains it all in basic terms a high school student could understand. The thread title is far less dramatic than the content.

The Treasury Department Sends Out a Stern Warning

Source: https://youtube.com/watch?v=FI_H5Gg_a3w

[stork]

I am curious about everyone's personal experiences in this matter.
Online I see a lot of layoffs and unemployment. Energetically I see corporations using job hiring as a way of siphoning power from the applicants. But I have a cousin lives in the US, she bought a bigger house this year...she works in tech but seems to be unaffected by any of the economic downturns. She lives happily in her illusion. With a full time job and two kids her attention is fully occupied by the matrix. I wish people like her can sail into the future without noticing anything bad had ever happened.

[Abondance]

"Nine of the 12 Federal Reserve districts reported a decline in economic activity in August, up five districts from the July Beige Book report. Our system has warned that we are entering a period of stagflation, where inflation remains high but GDP declines. Now, the Fed is reporting that two-thirds of the US economy is experiencing “flat or declining activity.”

The US economy advanced 3% during the last quarter, leading many to believe that the economy is recovering since Q2 posted a measly 1.4% advancement. Consumer spending, amounting to 70% of GDP, rose 2.9% last quarter as well, but people are spending on essentials. They fail to calculate TAXES into the equation when producing these reports and then dismiss essentials such as food and shelter as “volatile” aspects that somehow are not factored in the core figures. [...]


Some people have a very hard time understanding that we are in a massive deflationary spiral; they think that rising prices simply means it is inflation and not deflation. Then, they mistake stagflation for deflation and wonder why people are spending more on less. They only see prices, not disposable income, and certainly not economic growth and unemployment.

The latest jobs report revealed that manufacturing is continuing to decline – shedding 24,000 jobs in July alone. On the other hand, the public sector grew by an additional 24,000, but those are 24,000 positions that will not contribute to GDP. Instead, growing government is simply growing the national debt but that figure no longer matters since it has long been unsustainable.

If you really look at it, objectively, interest rates always rise during boom periods, and they decline during recessions and depressions. We are looking at increased inflation into 2028 caused by shortages and war. But you’re looking at declining economic growth, so that ends up being more like the 1970s. The inflation rate will be higher than economic growth and we often see stagflation during times of war. We are beginning to see this come into play on the district level, but soon, it will be undeniable that the US has entered a period of contraction."



http://www.armstrongeconomics.com/ar...lation-begins/

[Rizotto]

An important part of this wreckage is the flooding of USA with massive immigration. But why so many migrants desperately seek to move to USA? Here's an excellent analysis by Dan Cohen about USA's interference in vulnerable countries, inevitably resulting in chaos. The focus of this video is Haiti, but this could apply to many other countries the USA has deliberately destabilized.

(Note to mods: I'm not sure this is the most appropriate thread for this topic, feel free to move to another one.)

Haitian Immigrants: The TRUTH of what's REALLY happening!

Source: https://youtube.com/watch?v=N0CvtnKSXF8

Personally, I wonder what this immigration crisis will entail exactly during the USA collapse. Aggravate social destabilization throughout the USA, for a speedier collapse? What is the deep state's plan for all these illegals once the social welfare infrastructure is gone?

[Ravenlocke]

Text:
🇺🇸🤡💵🔥Dollar drama: Asian markets leave US behind

Societe Generale analysts warn the trend is clear: de-dollarisation is here, and it’s boosting Asian assets.

The trend of dumping the US dollar has intensified, with global investors became critical in dollar-based assets.

As US exceptionalism loses steam, concerns about a softening US economy and a rising budget deficit are prompting a shift towards emerging markets in Asia.

Why the shift?

Worst dollar performance under mental instable Donald Trump in over 50 years

Trump’s tariffs torpedoed dollar’s reserve status

Slowing US growth and falling oil prices denting USD appeal

Asia’s contained inflation and central bank easing fuels investment

Asia shines:
📈 MSCI Asia-Pacific up 12% on last year, versus S&P 500’s 6.5%
Taiwan dollar up 14%, Yen 8.7% and Won 7.8%

What’s Next? With the US dollar’s future looking darker, the next chapter of global investment may be written in Asia. Experts recommend to watch for the Politburo meeting later this month as a key signal for China’s next move.

The graph in the chart posted ago, shows the dollar lost around 10%, compared to Western currencies.
If you now add to this the fact that these currencies, such as the euro or the pound sterling, have also suffered considerable losses and then look at the rise in Asian currencies, it becomes clear that the dollar under Donald Trump has actually lost around 20% in value.
psychopathic arsonist.

https://x.com/Hawkeye1745/status/1941584207379046639

[Ravenlocke]

Posting this here unless it belongs elsewhere then Mods please remove it, Thank you.

From Sputnik,

🚨💰WHO OWES THE MOST?

Singapore and the US had the highest state debt per person in 2024, both exceeding $100,000 per capita, Sputnik's analysis of UN data showed. 🧵

https://x.com/SputnikInt/status/1941776217159413830

2/3

📊WORST DEBT SURGES WORLDWIDE

🇸🇬 Singapore: +$10,500 → now $158,000 per person (highest globally)
🇺🇸 USA: +$5,800 → $103,700 per person (first time crossing $100K mark)
🇨🇦 Canada: $60,300
🇧🇪 Belgium: $58,800

📉ALSO UNDER THE BURDEN

🇮🇹 Italy: $54,400
🇬🇧 UK: $53,300
🇫🇷 France: $52,300
🇦🇹 Austria: $46,200
🇮🇱 Israel: +$4,700

3/3

https://x.com/SputnikInt/status/1941776222482014377

[thepainterdoug]

To me it seems the debt and deficit is a term the parties war over. The Dems never care about the deficit and fuel all wars and things they want and same with the Repubs, Dick Cheney for one saying, deficits dont matter

Who is going to call it in? Who is going to pay it? Its absurd so why not make it 100 trillion?

This like every other pressingly important oh my god issue will be forgotten by everyone, then on to the next thing.

nothing has value other than air water and food

[Ravenlocke]

Text:

1 AUG may begin the full on crash. Why?

DT’s 25% tariffs against Japan will cause Tokyo to retaliate with a massive US bond dump.

Bessent is headed to Tokyo now with the goal of stopping it, but unless we halt the Tariff War the Japanese will proceed.

This may explain why Putin keeps the Ukraine War in the background and ensures oil, gas, agriculture, and other commodities are exported.

This way the ruble continues to gain in value or at least maintain its value. Putin wants the war to crush the West economically.

With China backing Russia in both commercial product exports to Russia as well as dual use materiel (like fiber optic spools), the Russian economy will continue to gain strength.

https://x.com/DougAMacgregor/status/1942963449161502730