Comment The big beautiful bill will collapse the economy (Score 1, Troll) 65
The government can borrow as much money as it wants as long as it's pouring it right back into the economy because it comes right back out.
The trouble with Trump is that he's going to borrow $5 trillion dollars and just hand it to the top 1%, who will use it too by a competitors and jack up prices.
The bond market rightfully understands that's a recipe for disaster so they will invert the yield curves and basically crash the bond market.
That will weaken the US dollar increasing the price of imports and The increased inflation coupled with high interest rates and the constant layoffs that plague our entire economic system will lead to a massive crash.
This is before we talk about all the deregulation that's going on that leaves Wall Street open to do pretty much anything they want.
I've said it before but half the people reading this or going to be home listen 4 years, maybe six depending on how much equity they have in their house before the bank takes it. They'll get you with the healthcare system. You'll lose your job and you'll need healthcare so you'll mortgage your house to pay for it. You won't be able to get Medicaid either and there won't be any work for somebody pushing 50. But the system will be designed to prevent you from accessing healthcare unless you have a job, which as I mentioned above you can't get. So you will mortgage your house to pay for the medicine that keeps you alive and then eventually fall behind until the bank takes it.
And that seizure of property is going to be how we get our first trillionaire.