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Thread: A Fear
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06-03-2025, 08:19 AM #1
A Fear
As the world losses confidence in the USA
We could start paying a higher interest rate of our national debt.
https://www.axios.com/2025/06/02/us-...interest-rates
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06-03-2025, 09:17 AM #2
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06-03-2025, 09:33 AM #3
Screaming And Flying!
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Starts with a silly assertion and ends with a chicken little story. But alas, this is our buddy cuda's world. The truth is we are the most respected country on the planet now that Trumps running things. And interest rates are set by banks and markets, not opinions.
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06-03-2025, 05:57 PM #4
Of note: The "big, beautiful bill" of tax and spending cuts making its way through Congress would increase fiscal deficits — and therefore bond issuance — by $3 trillion to $4 trillion relative to current law over the coming decade, per the Congressional Budget Office and private-sector modelers.
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06-03-2025, 06:55 PM #5
Screaming And Flying!
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Reducing consumer taxes, increases consumer spending. More products purchased, bigger corp profits, more corporate taxes paid into the fed means less borrowing by the govt. It doesn't happen over night. Stuff made in the US by company's returning to our production base and tariff income helps a lot too. Co's are coming back from offshore due to the tarriffs provide new jobs. You see it all works to the betterment of the country and ultimately benefits the consumer and tax payers.
83 V-King, 96 Mariner, ff block 2.5 w/a 28p chopper
Ain't it great to have papa TRUMP back at the helm?
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06-03-2025, 08:06 PM #6
Price of eggs has dropped 61% since Trump took office
https://www.foxbusiness.com/economy/...mp-took-office
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06-04-2025, 01:30 PM #7
GasBuddy forecasts the national average price of gasoline will be $3.08 per gallon on Memorial Day, making it the cheapest Memorial Day at the pump since 2021, but lowest inflation-adjusted since 2003. Prices are forecast to average $3.02 per gallon over the summer from Memorial Day through Labor Day, with a sub-$3 per gallon national average possible on some days, especially toward the latter half of the summer.
https://www.fox4now.com/news/local-n...ial-day-travel
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06-05-2025, 11:01 AM #8
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Frankly I’m overwhelmed by all of this talk of economics but I do understand that US and World economies are closely intertwined, thus any possible changes are likely to take some time. Somehow I do feel that Trump has and always will put America first vs the previous train wreck administration.
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