Topic: Why no info about how serious are USA financial situation now ? (Read 502 times)

I will now try to explain something to you, and you will understand that you can simply ignore the painful fantasies of fans of the “US collapse theory.”
I really hope that you did not live in the USSR. I wasn't so lucky and lived there part of my life. Do you know what the most cherished dream of the inhabitants of the USSR was? No.. They did not dream of a beautiful country, high incomes, a high standard of living, quality medicine and education... No. They lived a dream - the collapse of the Western world. They hated him. And they hated it not for ideological reasons (although they hid behind this), but because they understood the hopelessness of their existence, and understood that such a level and quality of life, freedom and opportunity would NEVER BE AVAILABLE to them. Never ! Not for them, not for their children, not for their grandchildren or great-grandchildren. And also the fact that they themselves cannot change anything, and cannot do what people have done in Western, developed countries. And the reasons for the inhabitants of the USSR were also sad - lack of rights, freedoms, will, and the ability to do something. The slave ideology gave birth to slaves who do not hate freedom, but accept the slave system!

And this is the kind of nonsense (as one author wrote about the “collapse of the US economy”), I have personally heard since the mid-80s, when I began to realize what was being said And now rogue countries, countries with totalitarian regimes, are driving their populations into the same state (lack of any prospects for a normal life, freedoms), they are frightened by the developed West, and are encouraged to hate. And propaganda needs to be “fed” with something. And such stuff about a “worthless dollar”, “the collapse of the US economy” and other nonsense - these are angelic songs for the ears of the unfortunate who have neither a present nor a future...

In my opinion It's because of the super power war that is being turned on after the attack of Russia on Ukraine.America still claims to be the super power while on the other side china claims to be ahead from America.In this situation if America accepts its crisis it'll be a big loss of power and authority.The political instability is the major factor of crisis and it will become even worse in the coming elections in my opinion.

When a super power dries out it's not easy for them to accept that's why America is not showing up to the world about its financial crisis.It can't be hidden anymore the time for the shift of super power is on the way I think and America has to take big measures to even lock it's existence on the map.

It's been one week since you posted this forum thread. Did the US financial system collapse? I don't know where do you read "doom and gloom" news and which "prophets of the apocalypse" are you following on social media, but you have to always be a bit skeptical about such news.
The US financial system can survive at least 20+ years before it starts collapsing. Have you heard about the "dollar milkshake theory"?
According this theory, the US financial system will keep pumping resources from the world in order to survive and the dollar will keep dominating the global economy in the next decades. I don't know if this theory will turn out to be true. Let's wait and see what happens.

the billionaires know what's going to happen which is why they are selling their holdings, even JPMorgan sold its shares. Bezos sold his $2B Amazon stocks for the 3rd time this month. they know how bad things but if the government makes a statement about an economic collapse, people will buy in panic.

but worse of all, if the US collapses the rest of the world could go to its knees too. is a huge responsibility for the US as well so its best to just prepare for something to happen if you are already seeing signs.

What's even more odd is people making all of these claims, yet back it up with absolutely nothing.  It's quite clear those who've got knowledge and experience in the space, and those who just go off their gut feelings, or a few news articles. 

It is called Whataboutism. It's a classic propaganda tactic which is used basically when the propagandist has nothing to say about the actual subject (ie. "US financial situation") that is being discussed and has absolutely no "facts" to present in order to counter the "facts" that were raised on the actual subject so they change the subject entirely (ie. bringing up another country) and try to discuss something else.

Hey, if this is talked about too openly, won't it cause tremendous panic? What I mean in this case is that of course we are aware that until now the US remains a mecca in the economy because they are in control at this time, especially for small countries that still use them as a parent, so when telling clearly that the US is currently collapsing, will it actually worsen the atmosphere because there will definitely be a lot of panic that occurs, especially for ordinary people.

On the other hand, in this case we know that even if it happens, the USA will definitely try to cover it up for several reasons where this will not be reported clearly because they need to maintain their dignity as a superpower, besides that they have strong control in the media which results in this news will continue to be quiet because they do not want the secrets they have to be revealed in the end.

Patient, don’t be nervous, everything is fine, they will give you Relanium soon I agree with you on everything! Just calm down! And even Russia’s economy is second in the world, as is its army! And sanctions are only good, and Iran lives well, and there are a country of millionaires, that’s a fact.. Nothing in the Iranian rial, which is worth nothing, but for that there are millionaires
Everyone, everyone, calm down, Iran is of course the strongest and most dynamic economy in the world, yes, yes!!!!

About the troll - can you refute the facts that I present? You're not a troll, you're just a forum fool




So you laugh, but my school years were spent under these delusional speeches of an old senile man and his lap dogs 
  We all knew that:
- The Western world is over, and the USSR defeated it
- Everyone in the West is jealous of the USSR
- Everyone is fleeing from the West to the USSR. But the evil capitalists don’t give it to them!
- The dollar is worth nothing at all and is not backed by anything, of course, against the backdrop of a stable secured, socialist, human ruble!
- Everything was invented in the USSR and the capitalists stole it all from the USSR.
- We do not have a shortage and prices rise like the “dying West”. These citizens of the USSR, the happiest in the world, are asking to raise prices for products and reduce their range and availability!
So, I forgot something else... And - of course:
- The USSR has the best education.
- The USSR has the best medicine
- And in general, everything is the best in the USSR, because Lenin did it all for us, and Lenin and the Central Committee of the CPSU never deceive! Unlike the constantly lying and deceiving imperialist presidents!


PS The USSR has rotted for 30+ years, but this initiative was devoured, intercepted and continued by the Russian Federation, Iran and North Korea

Not sure which rock you're living under these past few years but there has been a surplus of information about USA's economic situation in the past up to today. This is the only reason why we know that the US is in shambles and why they of all things changed the definition of recession to fit their narrative and not get punched in the gut by the IMF and the countries that they took out loans for. It's the reason why we know that the US just increased their debt ceiling a few years ago, and why as of now they are still scrambling to find the money or perhaps manipulate the laws once again to evade paying their loans out. Perhaps look into more reputable sources instead of looking at Tiktok or whichever Facebook Echo Chamber you're at right now so you can know for sure that the news you're getting is trustworthy and not fabricated? Maybe that's the reason why you think there's been lack of news lately about the economy of US. If that still doesn't work for you then go out there and be more vigorous about looking for us economical news. 9 times out of 10 you'd find updates and scoops about it with a simple google search, most of them in real-time too so you know that you're getting the hottest updates about their financial situation right now.

Yes it's a election i guess they have to keep it looking good
Im trader and finances knowledge person i don't need to follow goverment public numbers i watch instutions and fed the info what is known only by very educated people like me.

Let's just remember that the USA are currently in full "Election" mode. Important things like this will be ignored by the governing party, because it will harm their election campaign.

The US economy are very complex and stats and economic data are being manipulated, so you will not find the true reflection of the state of their economy, if you look at the numbers that are provided by the government sources.

Is there a big problem with the US economy? Yes, there are... but things will change after all the campaigning are done.

Because that would be stupid on many levels, starting from the fact that you are oversimplifying and exaggerating the issue, and even if it had seeds of true, it wouldn't justify to purposely create panic by babbling nonsense. Just ask yourself who would benefit of scaring people with such stupefied populism? Also you are not even backing your claims or offering solutions. And i am guessing you have read such headlines somewhere if you have data to back that up so what news are you following then?

You can pretty much find spendings of every branch and budget online whese days because that's how transparent democracy work. And if you still are confused, write to your congressman about it and make them explain it eli5 style.

I dont know about collapse especially but reset of some kind is more realistic, reason being actually many nations are naturally blessed in multiple ways with various assets; to expect that not to count and make many scenarios recoverable is unrealistic and overly negative.

I would blame mismanagement and politics for interfering with what should be a profitable economy, most  obvious manifestation of that is the high levels of debt.   People have been speculating about the debt causing a negative scenario to occur of some kind for some time.   I do imagine a better process would replace a negative lossy situation, I hope we do find something more positive then continual debt but with so many factors its not clear how that would develop 100%.

Why are you suddenly so interested in Iran's economy? Last time I checked it was doing ok. It's growing, you can check the stats, but nobody really cares because it's world's #19 economy not world's #1 like the US. Rial is getting weaker? So what? Inflation doesn't necessarily mean that country's economy is failing. But you don't undertand or you pretend you don't understand because you're a lying troll.  

Many believe that the US economy will be fine even if there is a global economic recession. Many people think that if all the reserves of all the countries in the world are exhausted and all the reserves of all the countries are exhausted, then the US will be able to continue with their reserves for 50 years. I was watching one such report where the reporter was saying that if all the countries shut down electricity or anything else including oil, America would be able to keep all their power plants on for fifty years from that situation. From such reports we can estimate how strong the American government's reserve fund is. The economic situation in the countries where we live outside of America is not strong at all so we have to decide to do something in advance rather than just waiting for that time. If we don't make a careful decision about these things in advance, maybe we won't have so much trouble going through the economic recession.

You are right yes

Btc and gold has a lot to do with.
Your and my knowledge are different but i been learning myself along with common sense and experinces.
And i said i watch bonds yields fed and all the data and repo operations facility.
And my indicators don't show good in economy Im not School smart but more of real experinces smart and i had good menthor who explained to me also the inside info.

It is weird to see a small number of people who are still in denial specially since this is not the first time US economy is in such a catastrophic situation on the brink of another collapse.
It is even weirder to see bitcoiners in denial. I would understand other people but you'd expect those who are into something called Bitcoin that was born out of the ashes of the US economic collapse of 2008 wouldn't deny another similar situation!

At the end of the day, despite being weird this is not that surprising at all.
When we look back, this is just history repeating itself. In the years leading to the 2008 crisis, there were loads of people who denied closeness of collapse and every day that it hadn't happened yet they would have looked at the markets and numbers and said "See the banks are are fine and growing, stock market is green and booming, blah blah blah".
Of course there is always others who see past the manipulated stats by these fraudulent centralized organizations.

I suggest you actually read my post and maybe you’ll learn something. I’m a financial advisor of 20 years.  I hold Series 6, 7, 63 and 65 securities and security law licenses, life and health insurance licenses, as well as several financial designations. But I’m sure you’ll reply with something else that’s uneducated, short sided & with once again , no proof or counter arguments to the facts I just laid out. Just bad opinions (what’s gold and btc have to do with any of this lol)

Most of them come from people that got their green card rejected!  


But but but, Brezhnev told us all that the USA is on its deathbed , just as capitalism, and since it's been 42 year since he himself died I assume well, that capitalism and the dollar are also dead, right? I don't think you're going to say that the russian propaganda was spreading false things  


Bruh, you don't know what Valentines day is but for sure some guy from Nigeria is well more versed in the economics of the USA than people actually living there!
Of course, Nigerian newspapers present the true reality, right, while the capitalistic reptilians media of the US is lying to its citizens  

But this is beyond funny , so you have guys from Nigeria:
Nigeria cost of living: People turn to 'throw-away' rice for food
and one from Iran:
Iran Enforces Nationwide Bread Rations
telling us how bad things are in the US.
Definitely '82-84 vibes!

LE:
You what?  

I don't follow what others say or news i follow to indicators i watch fed data and instututional data.
And those indicators show's to me that financial markets are in trouble but btc and gold are protected.
I suggest to you become trader and full financial person with full knowledge it's your own benefits then you start see things things like i do study and learn also the mechacals of markets and how they work.
I see now bond market have issues and anyone who know everything about finances and markets knows that it's serious now and If it's bad in usa it has bad impact over the UK and Europe also becouse all the financial system are run by USA Fed.

So many ridiculous posts here. I think most coming from non-US citizens who have not a clue.  The U.S. financial market on brink of collapse? “To happen soon”. Lol where the fuck do you come up with this kinda shit. Also what is the US financial system anyhow? That could encompass countless things, largely NOT controlled directly by the government. The U.S. dollar is not in jeopardy of losing the world’s reserve currency status. The Fed Reserve, appointed by but NOT controlled by the U.S. president, branches of the US government, or Congress nor are funded by them, set monetary policies, interest rates, oversight of banking systems etc.  The U.S. Treasury, not the central bank like other nations, prints money, among other things. The president, branches of Gov, Congress etc all have limited say in much of the financial system, by design and countless “Acts” enacted over many many years designed to combat and take control out of few hands and in to many different ones. The SEC oversees the U.S. stock market, INDEPENDENT of the federal government.  Considering the U.S. economy is the world’s leading  economy and wont be challenged anytime remotely soon a financial collapse is, um, not happening soon. If it did? It would destroy the worlds economy right with it.

Take a look at the U.S. stock market compared to every other country,, perhaps there’s a reason why it’s so far and beyond the rest of the world in terms of market caps and company valuations across most sectors.  If you know anything about the financial markets (US at all time highs atm, after a sizable downturn /correction 1.5-2 years ago) you know the US equites and bond markets are the worlds best in terms of performance and safety /security.  Again US having the most debt means one thing, belief from the rest of the world that they’ll pay it back and on time, above any other nation. Borrowing is better than using your own money if you do it right, any day of the week,

 U.S.companies HAVE to report ALL financial news (good or bad)  4 times a year if they’re public. The Gov doesn’t directly control this the SEC does, I live in Illinois, it’s no secret my state is struggling in large part due to our pension budget deficit, the nations worst thanks to corruption of the STATE government officials of now and years past- https://www.illinoispolicy.org/illinois-pension-debt-grows-2-6-billion-in-2023-mainly-to-cover-raises/ . State deficits have everything to do with State issued debt instruments (bonds) and nothing to do with US treasury bonds. The agencies that control the financial systems are required to publicly report everything and Congress will shut down in bad times, also not kept a secret from the rest of the world lol.

How do I know this ? 20 years as an advisor, governed by FINRA, under SEC regulation and working with and around the different independent agencies discussed above,

America isn’t the world’s “best” country by a long shot, but its economy, currency , debt instruments /security markets are and it’s not debatable as it’s all public knowledge.  

Do some homework people or at minimum provide some sort of proof to your idiotic

 
Utterly false. Proof from just 3 weeks ago - https://youtu.be/cN3x_9wEfrI?si=umU7Ck38UfsGDyF9

Expected empty answer, just to say something No arguments, nothing to oppose, "the last joy", after being once again smeared in the unpleasant truth - just to write a set of words that mean nothing
You look pathetic, you used to make fun of your primitivisms according to the propaganda "methodology", but now you have fallen to the bottom

Can't we talk about Iran's "successes"? Or it does not interest you at all ? Do you prefer neuro self-satisfaction, making up fantasies about the US economy ? 

That other brainwashed kid on this forum uses whataboutism a lot better than you. This was a weak attempt, if you want to become better at the whataboutery propaganda tactics you need to work a lot more at it

The government has long ago taking over the  networking of informations such as the social medias which was supposed to the people in concerned updated with the realities and happenings in life but because the governments are keeping things closed doors they shuts the News and other means of updates speculations up simply because they don't want to get exposed.

I remember the times of the USSR, when we were told every day, on all 3 TV channels (and there were no more), about the "rotting US economy", about the imminent collapse of their economy, and a bunch of similar "nice articles" like pooya87 . But. The USA is still the world leader, the USSR has dissolved into history leaving a toxic stain in the form of an international terrorist country. And what about Iran, whose representative so regularly talks about the problem and the impending collapse of the US economy ?
Instead of a thousand words, one graph. No, this is not a graph of growth of wealth of Iran's inhabitants, and not a graph of growth of Iran's military-industrial complex, and not a graph of population growth.... It's a graph of the total failure of the Iranian rial.... But for some reason pooya87 never says a word about it ! The question is why ?   



Why no info about how serious are Iran financial situation now ? 

Considering how United States economy has been a Ponzi scheme for a very long time, there is no doubt that it will collapse at some point and there are a lot of "info" a bout it everywhere you look. The thing is, people don't want to accept ugly truths and prefer living in denial. Additionally it is not possible to predict "when" that collapse will occur, "how big" will that collapse be, and "what" happens next.

Take the 2008 collapse.
It was impossible to predict "when" it happened. Many people were warning for years before it happened and yet the corrupt structure were being kept alive artificially and by more fraud.
It was impossible to predict "how bit" that collapse would be, we now know though.
Most importantly we couldn't predict the next step. You see, the Ponzi scheme didn't die, it just got bigger to survive that  collapse and postpone the catastrophe and that scam has continued to this day.

The problem is the nonstop printing of dollar out of thin air while keeping its value up artificially. Otherwise they'd just increase the debt ceiling again and default is averted.

As for war, that too costs a lot of money. Money US regime no longer has. Specially in today's world where "fighting cheap" wins you wars not "fighting big with a lot of money".

Take the ongoing war against a prison called Gaza. The entire NATO is helping the genocide with hundreds of billions of dollars and over that past 4-5 months their only achievement they had was killing innocent civilians while the damage on the armed forces of Gaza has been so minimal that it is negligible!!!
Why? Because a $6-$7 million tank can be blown up with a cigarette lighter that's worth like 5 bucks or a Yasin anti-tank missile worth 100 bucks. Or a $30 million US stealth aircraft can be shot down like a piece of cake with a missile that costs a grand.

Although we can't factor in the stupidity of decision makers, but US has fallen behind the military technology and strength. There is no way for the regime to win any wars anymore.

It is election year so do not expect negative news that will pose a threat to the current administration's bid for a second term. They will try to suppress anything that's controversial or try to bury it with something else since people quickly forgets. I think it's already an open secret that most of the big traditional media companies are controlled by some private groups and they will use that to protect the candidate they will support.

Arguably citizens of any country will not collapse while the government is strong enough to fund itself and so to the citizens.   The biggest argument for poverty is to acknowledge all debt, if that was done every citizen in some of the richest appearing countries would owe 70,000 and other countries you would have a capital surplus of 70,000.   However not all debt is equal, the time frame its issued at is not equal, consider the liquidity of the debt market support the price and cost of that debt  so in effect money is not linear in its worth or equal across the global exactly, its used in different ways.
  Its very obvious that dollar is considered superior to many other currencies even while there is alot of debt issued in that currency and liable to repay; equal comparison based on that debt would mean countries not in debt should be considered richer but this simple view is not how the current global economy works.
  
  If the observation is 'debt is too high & surely near a collapse' then consider the same view and words were said over fifty years ago not in a forum of the common people but by leaders of countries regarding global finance prospects.   I wouldn't say the comment was wrong but its not new and the timescale in the prediction is probably way off, we have to acknowledge its not a simple situation that everything will slide into the sea in some linear predictable way.

True USA is one of the power house country and almost foreign transactions are done through USD basis, so I think this news is lacking information or can be a fake news, I think all countries are experiencing financial crisis that's why many countries are in debt because they can't fully sustain the expenses of the country, including where country I'm residing in, my country has a huge debt in world bank its because the government are not responsible enough to their expenses, in fact you will notice in the news house the president are being in different leisure using the funds of the country, so I think the responsible for the financial crisis of a country is its government and management of the money, corruption and many more. So I will not be surprised if one day my country will be invaded and claimed by another country, and it will be total chaos.

Bond markets looking bad Im expecting to see 90% world financial air out of finances.

They won't collapse, they're the number 1 currency that's used in the global market right so how do can someone think that they're going to be collapsing anytime soon, and I think that if there ever is a collapse, they're not going to be gone that quick, they'll probably recover from it like they did back in the Great Depression. Palestine will definitely collapse, the Israelis are killing them and stripping them barely of their lands so they'll definitely going to be gone soon if there's no heroic intervention that will stop the fighting.

Where is you proof of this?  There's a reason the United States has the highest level of debt over any other country in the world, and that's because the United States has the most "attractive debt" in the world.  Other nations continue to allow the US to build debt because they believe in their ability to pay it back more than any other nation.  There's a reason US debt securities (Treasury Bonds for example) are considered the safest investment on the planet.

I hate these troll topics that are just spamming and nothing more, no idea why it is even being done neither. But, this one I would like to talk about as well. Just the interest alone in USA debt right now is getting to a trillion dollars, I understand that creating debt to grow is a smart idea but they did not grow all that much neither, that's the trouble.

If you have a company that makes 1 million dollars a year, and you get 10 million dollars in debt, which will be paid 500k a year for 25 years, that would be 12.5 million dollars with interest, but then you start to make 2 million dollars a year profit with that investment, so it is a smart debt overall. But, if you get the debt and still make 1 million, then why did you even get the debt? That's the problem with the USA right now, they have debt, but not growing fast enough.

Look the Bond Market it's done...the repo Crisis aswell If they don't fix it we gona take 90% Western countries crash

And you can cite some numbers, some indicators that would speak to what you're saying - "USA economy is collapsing from last 2 years." ?

And preferably compared to the economies of other countries? I'll give you a hint - the world is going through a rather difficult period, which started during COWID19 and has been prolonged by international destabilization, both political and economic. And in this case it is not necessary to emphasize that the US economy is the only one with problems. That way the picture will be coherent and honest.
Although you can try to cite figures that would prove otherwise

Even up till now,there are still several stories and information that are yet untold to us.The USA economy cannot opt out so easily,USA is certainly in order,that what's I see but whatever happens,lets normalize and accept the fate.We've been seeing and hearing that USA economy crashes soon....but its never to late to make something out.The USA economy stands still and strong .

Easy to say but that's hard to do, you do know that not every person can be persuaded by words or anything that don't involve force right? That's also not how global market works, the dollar's already the currency of choice for most countries so what's the point of what you're saying? From where we both stand, we think that it's easy to dole out policies that benefit the many but when you're the one making the decisions, that's a different kind of pressure.

Now If would be the leader of USA i would solve problem by creating the reason why other countries need to start buying the dollar.
Now let's wait what will be the solution how they make specially Europe to buy the dollars.

Are you born yesterday OP? Isn't it obvious why they don't tell people that until it's too late? They don't want to induce panic to the population which is the likely thing that's going to happen when this will be spread through the news and it's also by the fact that the media is controlled by a few families, they can influence what's needed to be shown to the public, look at COVID, a lot of stuff was either hidden or suppressed in a lot of countries during the pandemic so things got worse for everyone. I hope that a lot of people in USA wouldn't be greatly affected if this is ever true.

this is not the first time for the usa to default, it has been recorded that in the last few years the usa has defaulted several times which has disrupted the economy and politics there. however, this does not mean that there is anything to panic about about this problem. you can see that even though the economic situation in the usa is a little bad right now, the size of the economy is very large and at least it is able to make the usa survive in any situation.

what the usa needs now is just a president who is able to make good decisions, both economically and politically, because these two things are interrelated.

USA economy is collapsing from last 2 years. I am hearing this news from very long time but it never happened. I do not think there is any weight to these type of news anymore. These are just rumors being spread by media companies for views because these are attention grabbing news.

If USA economy really collapses, weaker economies like Asian countries will show the sign already few months before. But no such thing has been reported so we can assume that USA economy is also completely safe.

You know, dude, no matter who is the leader of a country, be it a president or a king, when he knows that his subjects are in a big crisis or a big problem, he will not let his subjects be worried or afraid. Of course, he will still say that it's fine, even if it's not really. As they make it a solution little by little.

Also, what I know is that in the US, apart from their huge debt, they also have other problems facing their economy, to be honest. That's why they are a news blackout to the people they actually belong to.

Techically it can last long month not longer If they don't change.
And liquity can't support anymore some assets,banks,and exchangers some must go and some stocks might disapere also the Banks.
There is not resources to support with liquitity.
Situation are very serious and If they don't work out this USA will default wich i don't belive they will default.
Im ready to see now some new Global Crisis war or something to save USA of default.

Lol, if US will collapse, there will be many poor countries have been collapsed because they're not even able to reach 50% of US's GDP. It's really far to expect US will collapse, it won't happen in our generation, so there's no point to discuss.

Palestine might able to collapse because the war isn't stopped yet and Israel is keep hunting the Palestinians.

Do you think government will allow their people to panic about their current financial situation? Making it known in the public will just worsen their financial situation due to panic. I believe people already knew it personally since they experienced it on daily basis so there’s no need for an official statement that will worsen while everyone is still calm right now despite they are already experiencing financial crisis.

US government is very good on manipulating the media even with worst situation. Don’t expect a strong country like US will show sign of weakness publicly. Everyone can notice the problem but there’s no way US government will admit it unless of course it’s already too obvious and no excuse can hide it.

It's serious the usa are in situation to default but nowhere info?

The news should look this," people we are in the real trouble and we are about see huge financial collapse and fed having the problems no easy fix "

I mean news are full of other news wich is not even so important compared with this one.
The USA financial system is now close to collapse we are few days away from default.
In this case only way untfortunately will be full scale war.
The amount of debt ....it can not be balanced out with small crisis.