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The Great Eagle, America On The Decline
America’s consumer market seemingly flourishes while it languishes in deep tunnels of indebtedness.
From chattel enslavement to the industrialization of slavery, Corporate America reaped great monetary rewards for it’s Criminal Corporate Oligarchs Affiliates.
But as job resources and industries were whisked away to foreign lands to created tax havens and shelters for the pillagers of labors to hide their vast profits.
From these actions came the wasteland that is now America that produces nothing. A country, people that are producers of nothing; no products creates the need for expanding that empire into sovereign territories based on bogus unjust claims American calls spreading democracy.
America the great Eagle now a mere shadow of itself; using distractions of polytricks, race relations, war, ADOS reparations for black folk, and numerous other tactics to keep the masses at bay of proper thinking.
The America Dream Turned Nightmare; but for Black Folk its always been nightmarish
“Why America’s return to $1 trillion deficits is a big problem for you
April 9, 2018
The federal government is on track to have a $1 trillion deficit in 2020 — and to continue running yawning deficits for years to come, the nonpartisan Congressional Budget Office predicted Monday.
It’s a report that should make Americans concerned, especially younger ones.
On a basic level, this means the U.S. government is spending way more money than it brings in. This is not a new problem. The United States has been running a deficit every year since 2002, but the situation is about to get really ugly. The country has never run this high of a deficit during good economic times. If spending keeps up at this pace (and there is every indication that it will), President Trump and his successors are going to have less flexibility to pump up the economy during a downturn or even a crisis.
“This is unprecedented,” said Justin Bogie, senior policy analyst on fiscal affairs at the conservative Heritage Foundation.
It doesn’t mean the economy or stock market will crash tomorrow. The United States is able to run such high deficits because the U.S. Treasury turns around and sells U.S. debt to investors around the world. Right now, a lot of people want to buy U.S. government bonds, even though America already has $15 trillion in debt owned by the public. But the problem is no one knows when people might say enough is enough and stop buying U.S. debt — or demand much higher rates of return.
Even if the nightmare scenario doesn’t materialize, deficits are a drag on the economy. Investors opt to buy government debt instead of making the type of private investments that create jobs or raise wages, economists warn.”
https://www.washingtonpost.com/…/why-americas-return-to-1…/…
Excerpts from the book entitled STAGNATION by Devetra©️2019 All Rights Reserved
America’s consumer market seemingly flourishes while it languishes in deep tunnels of indebtedness.
From chattel enslavement to the industrialization of slavery, Corporate America reaped great monetary rewards for it’s Criminal Corporate Oligarchs Affiliates.
But as job resources and industries were whisked away to foreign lands to created tax havens and shelters for the pillagers of labors to hide their vast profits.
From these actions came the wasteland that is now America that produces nothing. A country, people that are producers of nothing; no products creates the need for expanding that empire into sovereign territories based on bogus unjust claims American calls spreading democracy.
America the great Eagle now a mere shadow of itself; using distractions of polytricks, race relations, war, ADOS reparations for black folk, and numerous other tactics to keep the masses at bay of proper thinking.
The America Dream Turned Nightmare; but for Black Folk its always been nightmarish
“Why America’s return to $1 trillion deficits is a big problem for you
April 9, 2018
The federal government is on track to have a $1 trillion deficit in 2020 — and to continue running yawning deficits for years to come, the nonpartisan Congressional Budget Office predicted Monday.
It’s a report that should make Americans concerned, especially younger ones.
On a basic level, this means the U.S. government is spending way more money than it brings in. This is not a new problem. The United States has been running a deficit every year since 2002, but the situation is about to get really ugly. The country has never run this high of a deficit during good economic times. If spending keeps up at this pace (and there is every indication that it will), President Trump and his successors are going to have less flexibility to pump up the economy during a downturn or even a crisis.
“This is unprecedented,” said Justin Bogie, senior policy analyst on fiscal affairs at the conservative Heritage Foundation.
It doesn’t mean the economy or stock market will crash tomorrow. The United States is able to run such high deficits because the U.S. Treasury turns around and sells U.S. debt to investors around the world. Right now, a lot of people want to buy U.S. government bonds, even though America already has $15 trillion in debt owned by the public. But the problem is no one knows when people might say enough is enough and stop buying U.S. debt — or demand much higher rates of return.
Even if the nightmare scenario doesn’t materialize, deficits are a drag on the economy. Investors opt to buy government debt instead of making the type of private investments that create jobs or raise wages, economists warn.”
https://www.washingtonpost.com/…/why-americas-return-to-1…/…
Excerpts from the book entitled STAGNATION by Devetra©️2019 All Rights Reserved
