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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31 sats \ 1 reply \ @KLT 13 Feb
Reading Tom foolery like this makes me really glad we have bitcoin
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40 sats \ 0 replies \ @TomK OP 13 Feb
They will start really plundering the people
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31 sats \ 3 replies \ @byzantine 13 Feb
is this the bill elon talked about in the spaces yesterday?
https://twitter.com/i/spaces/1vOxwjPyPmDJB
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10 sats \ 2 replies \ @TomK OP 13 Feb
I suppose, yes
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10 sats \ 1 reply \ @byzantine 13 Feb
in that case it sounds terribly bad where funding cannot be cancelled without some threat of impeachment of future president
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20 sats \ 0 replies \ @TomK OP 13 Feb
It's a dangerous moment in history
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31 sats \ 23 replies \ @lunanto 13 Feb
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
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31 sats \ 22 replies \ @TomK OP 13 Feb
You mean Vlad shares my view?
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20 sats \ 21 replies \ @lunanto 13 Feb
Yes he did, he mentioned how the U.S makes policies and decision that are killing their economy
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20 sats \ 20 replies \ @TomK OP 13 Feb
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
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0 sats \ 19 replies \ @kristapsk 13 Feb
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.
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21 sats \ 7 replies \ @badabing 14 Feb
The problem is that they can keep doing this. Smth the West cannot.
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10 sats \ 6 replies \ @TomK OP 14 Feb
A lot of people don't want to see that the playing field changed radically.
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0 sats \ 5 replies \ @kristapsk 14 Feb
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.
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0 sats \ 10 replies \ @TomK OP 13 Feb
Can You provide data, please? Because Russia only has 30% Debt/GDP
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1 sat \ 9 replies \ @kristapsk 13 Feb
https://www.politico.eu/article/russia-sustain-war-effort-two-three-years-defense-study/
And it has nothing to do with debt / GDP ratio.
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0 sats \ 8 replies \ @TomK OP 13 Feb
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.
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21 sats \ 1 reply \ @OgFOMK 13 Feb
Brrrrrrrrrrrr.
The extraction of your wealth will continue as moral improves.
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10 sats \ 0 replies \ @TomK OP 13 Feb
Or you start stacking like hell
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10 sats \ 1 reply \ @hodlpleb 13 Feb
Too bad there is no money left to improve the drinking water in US cities
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31 sats \ 0 replies \ @_stacktoshi 13 Feb
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.
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