Who is wondering what is in store for the Tractor Supply type retailers?

[skipperbrown]

The national debt is now too large to ever pay off. It will be controlled into the future with inflation to diminish its relative size and by keeping interest rates artificially low so the debt can be serviced as a smaller percentage of tax collections. China holds about a trillion in our debt. Should the US sue China in world courts and win for exposing us to the CD19, the government could seize the debt and not repay it. However, I think that is very unlikely. We depend too much on China produced products. We have no one to blame but ourselves. The US government is run by 512 people that we elect to run it. Worrisome times.

 

[fried1765]

The national debt is now too large to ever pay off. It will be controlled into the future with inflation to diminish its relative size and by keeping interest rates artificially low so the debt can be serviced as a smaller percentage of tax collections. China holds about a trillion in our debt. Should the US sue China in world courts and win for exposing us to the CD19, the government could seize the debt and not repay it. However, I think that is very unlikely. We depend too much on China produced products. We have no one to blame but ourselves. The US government is run by 512 people that we elect to run it. Worrisome times.

"512 people"???

I think 535!
435 in the US house, and 100 in the US Senate.

 

[CalG]

Sadly....... the "pay off our debt"....... ain't NEVER gonna happen!.

Don't forget...!

One person's debt is another person's investment....

Every time you buy a US savings bond, you are putting our nation in debt!

And just what control does that give you? ;-)

 

[CalG]

"512 people"???

I think 535!
435 in the US house, and 100 in the US Senate.

And all their efforts can be overturned by just 9 people. Un-elected at that.

Ruled by the educated elite.

 

[Diggin It]

Without politics, What can you see going forward?

No significant change.

Me, I'm willing to pay a bit more for stuff.

You can't pay more if you don't have more as is the case with millions of Americans.

 

[shooterdon]

We do not need China. We never needed them before.

The problem is not the consumer....that is what THEY want you to believe. The problem is Walmart, Home Depot, TSC etc etc. they want cheap crap to sell. The other problem is greedy corporations that want access to the Chinese market. Consumers will buy $25 T-shirts if there are none at $8.

Put a 300% tariff on Chinese goods. Seize all Chinese assets in our country...let them seize our assets in China. Put Americans back to work. Anyone who thinks we can partner with an enemy is a fool. We currently have critical items we need from China....now how stupid is that?

Follow the money....

 

[Diggin It]

I for one want the US to be independent enough to be self sustaining.

The US has never been fully self-sustaining.

Just think a country that put on man on the moon in less than a decade ...

And neither the U.S. nor the Soviets could have done it without the German scientists.

 

[Diggin It]

The US government is run by 512 people that we elect to run it.

"512 people"???

I think 535!
435 in the US house, and 100 in the US Senate.

And all their efforts can be overturned by just 9 people.

We're already way over the line of the board rules, so this will be my last post in this thread. What's truly worrisome is that people believe any of those mentioned in those quotes really runs the country.