2018 Debt Up $1.2trillion

[ImRightYoureWrong]

@hwyflier

When your interest payments become bigger than most of the world’s GDP are you really a country or are you just leasing it?

Majority of our debt us owed to ourselves

[lulubee]

@MichaelScarn

@Eagle-Keeper

You may very well be right. This quote I often hear is “that there is 100% chance that we are going to have another recession, I just don’t know when.” All I am saying is that there is nothing I have heard or read that many economists fear that a recession is imminent, or that there is any economic indicators saying that the economy is on shaky grounds. Furthermore I’m not giving my own opinion as noted when I referenced Mark Zandi (https://www.economy.com/markzandi).

The U.S. Is Experiencing A Dangerous Corporate Debt Bubble

https://www.washingtonpost.com/business/economy/beware-the-mother-of-all-credit-bubbles/2018/06/08/940f467c-69af-11e8-9e38-24e693b38637_story.html?utm_term=.588e64ebffa4

Here are a couple of technical articles about the corporate tech bubble that should be concerning.

I just mentioned this corp bubble in another thread.

My friend who owns an M&A firm (and teaches an Econ class at HBS) told me about it awhile ago. They and everyone else they know are now in all cash.

[Jezcoe]

@hwyflier

When your interest payments become bigger than most of the world’s GDP are you really a country or are you just leasing it?

Chinese Professor - YouTube

'member this one?

You should go to that website… it is really eye opening.

My next stop is open secrets to see if there is any info of who donates to them.

[altair1013]

@ImRightYoureWrong

So much for those huge revenue gains from tax cuts. No wonder the economy is heating up - all that Keynesian deficit spending! Trump and the GOP are mortgaging our children’s future! The CHILDREN!!

Nobody cares. Certainly nobody in politics. Both party’s have done nothing but run up the debt over the past 50 years. It doesn’t matter who is in charge. Spend, spend, spend. They both suck. All they do is talk. And they only do that when the other party is in power. It makes me want to barf when anybody talks about how good their party is on the debt.

[ImRightYoureWrong]

@ImRightYoureWrong

We’ve been in a bull market for 10 years. You have NFLX, AMZN, AAPL and the likes propping up the market right now. Interest rates are beginning to rise so more money will start flowing out of equities and into bonds / savings.

Damn I’m gewd