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The hawks are circling.

John Bolton says the Iranian people need “regime change.” But what is Iran to America? Do you care what goes on in Iran?

The hawks shouldn't appear on TV. The liberals shouldn't either. Fox, CNN, and the rest of them should invite Joe from the street and ask what he thinks about using his tax to take down Iran.
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sree251 · 41-45, M
Nobody's taxes is paying for the taking down of Iran. The US Treasury prints all the money Trump needs for the war.
whowasthatmaskedman · 70-79, M
@sree251 And the voters have no idea what that is doing to every $ they have saved for retirement..😷
sree251 · 41-45, M
@whowasthatmaskedman
And the voters have no idea what that is doing to every $ they have saved for retirement..😷

I have a damn clear idea. All my assets are in Treasuries.
whowasthatmaskedman · 70-79, M
@sree251 Then you are watching them being pillages of value, instead of growing it..😷
sree251 · 41-45, M
@whowasthatmaskedman
Then you are watching them being pillages of value, instead of growing it..😷

I don't have a choice. Stocks are overpriced. Thanks to Trump, the world markets are unstable. Best bet is to move into cash like Warren Buffet to keep the powder dry.
whowasthatmaskedman · 70-79, M
@sree251 Thats true.. Right now every asset other than cash is overpriced for precisely this reason. Even the value in share buy backs is drying up as a depression/recession sends all business activity into the doldrums. And even Gold has its downside, producing no income at all..America has a very real problem, no matter which way you turn.😷
sree251 · 41-45, M
@whowasthatmaskedman
Thats true.. Right now every asset other than cash is overpriced for precisely this reason. Even the value in share buy backs is drying up as a depression/recession sends all business activity into the doldrums. And even Gold has its downside, producing no income at all..America has a very real problem, no matter which way you turn.😷

Can't buy food with gold when store shelves are emptying out. You know the score. Paying off all debts and moving into cash is when the sky is overcast and the storm is brewing. My basement looks like a well-stocked mini Walmart store. I am prepared for hibernation like a bear only because I can't kick the bucket and get out of this hell hole of an existence.
whowasthatmaskedman · 70-79, M
@sree251 I hear you. My problems here are nowhere near as severe as Americas and I am very well placed and inflation proof, which was no mean feat. Having said that, I am stocking up on non perishables everything from socks and belts to updating glasses and hearing aids against a time the cost of this things will be higher..😷
sree251 · 41-45, M
@whowasthatmaskedman
I hear you. My problems here are nowhere near as severe as Americas and I am very well placed and inflation proof, which was no mean feat. Having said that, I am stocking up on non perishables everything from socks and belts to updating glasses and hearing aids against a time the cost of this things will be higher..😷

Australia. Good place to be. Far away in Oceania. If I were running Australia, I would make it self-sufficient and insulated from the world financial system. By all means export the raw materials to China, farm and diary products to the rest of the world. You don't need oil. Go solar, and export it to Singapore even. They have a plan to draw solar energy from Australia thru a sea cable. And cut the geopolitical tie to the US.
whowasthatmaskedman · 70-79, M
@sree251 A little of that is being done or planned.. Not enough of course. We have oil, but like the US its cheaper to buy than drill and we dont subsidize drilling. But your point is well taken. If one place had to get along without the rest of the world, I think this may be it..😷
sree251 · 41-45, M
@whowasthatmaskedman Let's pray Trump doesn't look at Australia and say "Let's make a deal and buy it."