Econ One Month, Trump Has Reduced Our Debt By...

[AirOpsMgr]

Dunno. Do the research and let us know.

I didn't want to have to do the leg work, but I guess I can try to pull it up

Honestly just curious to see if the numbers maintained up until Jan, or if they were already declining.

I just don't trust the media

 

[karlvv]

It's a lot less to china than you would think. They sell bonds which creates the debt. If I'm not mistaken, a majority is owed to big banks.

 

[dial1911]

It's a lot less to china than you would think. They sell bonds which creates the debt. If I'm not mistaken, a majority is owed to big banks.

So I guess we know who holds the leash.

 

[AirOpsMgr]

So here is what I found:

Sep 2016:


Oct 2016:



Nov 2016:



Dec 2016:

 

[AirOpsMgr]

Here are the numbers according to TreasuryDirect.org for 01Jan through 24Feb.

Maybe I'm not pulling up the same numbers?

 

[Murf315]

Just looking at that post makes me want to shoot guns and look at bald eagles doing freedom stuff and give my main man Donald a proud salute

 

[Strider12]

China.

Rothschild

 

[Strider12]

It's a lot less to china than you would think. They sell bonds which creates the debt. If I'm not mistaken, a majority is owed to big banks.

The reason the dow is over 20K is because the Fed is buying up stocks to prop up the market. So when the Fed spends money whose money are they spending?
And who holds that debt?

 

[karlvv]

The reason the dow is over 20K is because the Fed is buying up stocks to prop up the market. So when the Fed spends money whose money are they spending?
And who holds that debt?

That, plus the interest rate has been held artificially low for 8 years so there is no benefit to saving money. It just doesn't pay. If interest rates were where they should be, the dow would be closer to 10000.

 

[Strider12]

That, plus the interest rate has been held artificially low for 8 years so there is no benefit to saving money. It just doesn't pay. If interest rates were where they should be, the dow would be closer to 10000.

Physical precious metals. 10% of Net Worth.

 

[karlvv]

Physical precious metals. 10% of Net Worth.

They will sky rocket whenever the correction happens. Most people that own them own paper and they have no clue that there is 10x more paper than there is metal. It will be a shit show for sure.

 

[Strider12]

They will sky rocket whenever the correction happens. Most people that own them own paper and they have no clue that there is 10x more paper than there is metal. It will be a shit show for sure.

I'm going to have to get a bigger safe deposit box soon.

 

[dougiemac]

 

[Strider12]

View attachment 26085

How much of a role did Trump have in taxation and spending in January?

I'll wait here.

 

[Kobayashi]

How much of a role did Trump have in taxation and spending in January?

I'll wait here.

Possibly it's being attributed to government spending/hiring freezes through his executive orders. Certainly no legislation has happened.

 

[Strider12]

Possibly it's being attributed to government spending/hiring freezes through his executive orders. Certainly no legislation has happened.

I've read every economic opinion on this I can find today and every one, conservative and liberal is saying that this can't be proven.

The second part about Obama is dishonest considering he walked into the biggest financial crisis in 80 years and things were already in motion. Everyone seems to forget Bush sold out the American people long before that.

 

[karlvv]

I've read every economic opinion on this I can find today and every one, conservative and liberal is saying that this can't be proven.

The second part about Obama is dishonest considering he walked into the biggest financial crisis in 80 years and things were already in motion. Everyone seems to forget Bush sold out the American people long before that.

Wasn't just bush. He was the useful idiot that got to take the heat, but that was started in motion even before bush.

 

[Strider12]

Wasn't just bush. He was the useful idiot that got to take the heat, but that was started in motion even before bush.

Net debt is actually up $180B since Jan. 20 b/c cash is down by $213B. Look it up.

 

[Waterguy]

Net debt is actually up $180B since Jan. 20 b/c cash is down by $213B. Look it up.

It's all unicorn farts and fairy dust anyway.

 

[Thenut]

They will sky rocket whenever the correction happens. Most people that own them own paper and they have no clue that there is 10x more paper than there is metal. It will be a shit show for sure.

you only own what you hold

investing in IRA metals or someones else portfolio is a fools choice