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$38,000,000,000,000

kyredneck

Well-Known Member
Site Supporter
Tariffs that rebalance trade and bring back industries are an excellent start.

I hope so, looks good right now. The (simple) strategy of 'reciprocal tariffs' could pan out to be quite benign in the long run and benefit the U.S. greatly.
 

Cathode

Well-Known Member
I hope so, looks good right now. The (simple) strategy of 'reciprocal tariffs' could pan out to be quite benign in the long run and benefit the U.S. greatly.

And as for China’s leverage on rare earth minerals.

We have a massive stockpiles of mined rare earth here, and mineral sands, people are excited by the processing plants opening up.
Australia can provide the rare earth minerals America needs I think, we have huge mining and processing industries in place already.
 

MMDAN

Active Member
It took the United States only 2 months and 10 days to increase the national debt from $37 trillion to $38 trillion.
I remember when the national debt was less than $1 trillion.

In 1980 (the year I started high school) the national debt was 908 billion.
 

MMDAN

Active Member
Yea....a dollar just ain't what it used to be anymore. :Biggrin
So true. In Revelation 6:6, we read - And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, (day's wage) and three quarts of barley for a denarius; and do not damage the oil and the wine.” That verse seems to indicate a time of scarcity coming when a loaf of bread would cost a days' water, which highlights the economic challenge that will be faced during that time.
 

Cathode

Well-Known Member
So true. In Revelation 6:6, we read - And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, (day's wage) and three quarts of barley for a denarius; and do not damage the oil and the wine.” That verse seems to indicate a time of scarcity coming when a loaf of bread would cost a days' water, which highlights the economic challenge that will be faced during that time.

What it suggests is a fully managed centrally controlled economy, where wages are paid in daily subsistence rations.

Either this will be the result of a miserable communist style takeover or, some great disaster will have taken place destroying food production worldwide and governments will be forced to seize and ration food to their populations to prevent famine.

In the first authoritarian scenario it seems to be an entirely plant based ration. Wheat and barley being mentioned.
Today we see climate Marxists pushing a “plant based “ food diet to save the planet. Stalin starved millions in Ukraine for his political ends.

In the second scenario of a natural disaster causing global famine, we already have historical precedents. The year without a summer in Europe caused by volcanic eruption, ended in crop failure and wide spread famine that killed millions.
Atmospheric particulates blocking out the sun can be caused by volcanism, nuclear war, asteroid impact debris and worldwide fire events.
 
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