I realize it's a minor point, as your circle is correct, but your starting point is wrong.
The US buys goods from China is actually the starting point. The excess dollars created by the US buying their products causes them to buy us land, equities, energy, us goods, and of course treasuries.
China doesn't just have a bunch of dollars randomly to buy treasuries they can't create them out of thin air like the fed does.
A damn close global credit meltdown isn't noise....as much as we may hate it, the world runs on us credit and bond markets.
DOGE is a complete lie. They will have end up saving maybe a few Billion.
I have a USFS branch office in my town that was on the cut list from Doge. The website said savings of 60k per year. The kicker? The lease goes for another 2 years, and the employees are staying on anyways. It's a scam. A lie.
All of these cutes will be eaten up by Trump's Tariffs causing major trade disruptions, less US global involvement and his defense increases.
Also, his new budget plan talks about cutting NASA, which I did NOT have on my Bingo card! Elon is pissed.
Ermmm, Bitcoin mining doesn't have emissions.
20:1 would have been better.
And moreover they didn't specify an announcement vs a sale of one, lol.
Watching bitcoiners on NOSTR argue for tariffs and government intervention is one of the most insane things I’ve ever seen.
Why is supporting local better? Says who?
If the best value per dollar for a product is next town over, great. If it is from China or France or Russia. Great.
It is amazing to me how many people don’t understand how advanced and automated Chinese factories have become.
Who say Americans would make quality stuff? There is also some absolutely amazing and high quality stuff made is 100% in China.
Look at American cars when they were all made here, for 30 years they were absolute garbage.
Haha. I’m not sure a purely subjective opinion can be wrong, but I don’t get how people drink it. Wife loved it.
Nope. Hate coffee. Stuff is nasty.
We are on the verge of major fiat money printing to stave off the global collapse as trade dries up and the dollar drops
But tk be fair, my dad has been a gold bug, anti fed, real estate, land, etc... for decades. So the switch to getting Bitcoin wasn't nearly as hard for me. A few years, but still.
https://x.com/ApostateProphet/status/1910321521907716220
https://x.com/ApostateProphet/status/1910768024338018476
At some point the EU will go after nostr image hosts and relays. That'll be interesting!
That's insane.
Yes, my father.
Tell her he's not. He's a shitcoiner. 👊
