Kind of makes it seem like Russia and the US are working together to advance colonialization.

I’ve heard someone speculate he will remove tariffs if other country buy 100 year US bonds. This seems kind of plausible.

The US according to Powell can’t maintain this level of debt. Interest rates are high because nobody wants to buy US bonds, and you’ve got talk of BRICS ending trading oil in USD altogether. Its not like its just borrowed and the US has no repercussions, this is all future austerity.

Money supply definitely gets looser and looser as peoples salaries are debased.

What’s a better system then Keynes, monetarism or MMT?

Canada is actually a green economy now, they don’t build pipelines east or west because demand for energy is over as soon as people start biking to work.

He wants to extend tax cuts on the other hand, and Canada would cut rates to nothing so its exports would get cheaper as CAD falls, which is deflationary for the US.

Powell said the spending is unsustainable. No government other than Trump has so far reduced spending, even Reagan never cut spending he just spent Americas pension system replacing it with IOU’s.

So is there room to ponder whether its extenuating circumstances?