If the House approves this, the United States, a country with a total debt of over 34 trillion dollars, will send a 95 billion dollar aid package for the wars in Ukraine and Israel. It's all unbelievable really, if it wasn't so frightening that it seems possible in these crazy days! As we have to assume that the bond markets will be saturated at some point, we are probably in for the biggest printing press orgy of all time.
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I guess you understand what Putin was talking about the U.S in the Tucker Carlson interview when the U.S make moves like this
You mean Vlad shares my view?
Yes he did, he mentioned how the U.S makes policies and decision that are killing their economy
Yes. But at this point they're doubling down on their policy errors. Russia/China literally only needs to hold their position in Ukraine and elsewhere. We are eating ourselves economically
Russia is currently spending around one third of it's budget on military. That's not sustainable long term, unless they want to become North Korea.
The problem is that they can keep doing this. Smth the West cannot.
A lot of people don't want to see that the playing field changed radically.
Yes, Russia is even more economically dependant on fossil fuel exports than was USSR. It's basically mafia with big gas station that pretends to be a sovereign nation. But Ukraine is doing good hits on their oil infrastructure near Black and Baltic seas, likely that export route will be non-functioning soon.
Can You provide data, please? Because Russia only has 30% Debt/GDP
https://www.politico.eu/article/russia-sustain-war-effort-two-three-years-defense-study/
And it has nothing to do with debt / GDP ratio.
I think You don't get the point. Russia can finance this proxy war obviously meanwhile the whole NATO bloc is running higher and higher deficits and is losing anyways.
Reading Tom foolery like this makes me really glad we have bitcoin
They will start really plundering the people
is this the bill elon talked about in the spaces yesterday? https://twitter.com/i/spaces/1vOxwjPyPmDJB
I suppose, yes
in that case it sounds terribly bad where funding cannot be cancelled without some threat of impeachment of future president
It's a dangerous moment in history
Brrrrrrrrrrrr.
The extraction of your wealth will continue as moral improves.
Or you start stacking like hell
Too bad there is no money left to improve the drinking water in US cities
That's ok. We'll just keep spending all of our discretionary income on bottles of water and end up with their plastic in our bloodstream someday.
Too bad there's no money to secure our damn border. I'm all for more immigration, but not if they're just going to vote for more socialism or commit crime.