American Economics Thread


ODEPDE

New Member
Registered Member
Fake news!!
Sleepy told me that printing totally wORkS and that it makes people richer. With more inflation, it means more US debt = 0. Checkmate China!!
Use the 2019-2021 CAGR for CPI. It's still <3%. Trillions of QE have only led to record growth and employment
 

Overbom

Junior Member
Registered Member
Use the 2019-2021 CAGR for CPI. It's still <3%. Trillions of QE have only led to record growth and employment
Very predictable. printing = record growth. Welcome back SleepyStudent
Hopefully this time you will behave according to the rules and not get banned again
 

ODEPDE

New Member
Registered Member
$300 million per day sounds alot, but it worked out at $110 billion per year. The us problems is they requires Trillions of dollars to repay debts that's due. Most of these owed to China. Which is why US is desperate to talk to China about.
Wrong, US interest expenses are a ~200bn a year
Getting China to roll over their debt by purchase more debt. It would be unheard of for U.S. to default.
Wrong. China only owns 5% of all US outstanding debt (and decreasing)
 

Gatekeeper

Brigadier
Registered Member
Wrong, US interest expenses are a ~200bn a year

Wrong. China only owns 5% of all US outstanding debt (and decreasing)

Well, your freedom didn't last long!? Lol

Now regarding U.S. debt repayments. Please read the question before coming out and make a fool of yourself. I've never mentioned US interest payments. I said U.S. debt repayment. See the difference?
In any case your interest repayments is out by nearly half. Latest figures from googling without checking showed U.S. interest repayment is $376 billion in 2020.

And your second point calling me WRONG!? What's wrong? I never said the size of China's holding on U.S. debts. So this 5% nonsence don't relate to anything I wrote. I think I wrote about U.S. trying to get China to roll over their holdings of U.S. debt. When did I ever mentioned the size? Try read it again!
 

steel21

Junior Member
Registered Member
US business investment on fire
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That is a bullshit article.

I've noticed that US media has gone to shit in the last 5 years.

US business are prepping for a post pandemic boom? Really?
Globally, corporate capital expenditure, or capex, will jump by 13% this year, according to S&P Global Ratings, with growth in all regions and broad sectors -- especially in semiconductors, retail, software and transportation. Economists at Morgan Stanley forecast that global investment will reach 115% and 121% of pre-recession levels by the end of 2021 and end of 2022, a much faster recovery than previous downturns.

The key word here is Globally. Where is that 13% jump? US or China?

If I was large business I would try to shore up my cash position right now. Between great power competition, QE infinity and COVID, there is no telling how the next 12 months would play out.

Sure, I would order up all the SC I can get my hands on, if Taiwan conflict goes hot. Software is principally behind the COVID distancing and working from home boom. And what transportation are we talking about, transporting humans or goods?

This article might have been true 3-4 months ago, but that was a different era. Once struck, twice shy...... what happens when you've been truck 2-3 times?
 

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