/biz/ - Business & Finance

>>54356167
>you arent going to kill the economy by raising the tax rate 1-4%.
Are your proposed tax hikes going to take place this year, with a credit crunch recession and Republican house holding a debt ceiling card? Or next year during an election year? Or in 2025 when inflation has whipsawed back up and we've already tacked on another 5 trillion in debt?

They're either going to make things worse by aggravating a recession, not politically possible, or be passed too late. Again: it's about DC running out of options.

>The Us isnt going to lose reserve status. Look at what actually happening, not what /pol/ types are saying on twitter.
You don't need a single equivalent alternative for the dollar and the global dollar system to keel over dead.

>NATO just added new nations
You and I both know Sweden and Finland signing some paper changes nothing. Zip. Zilch. Nada.

>china is buying US bonds again
You're gonna need sauce on that, chief. Because the Treasury seems to disagree: https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

>even russian allies like kazahastan are moving away from them. The Us is gaining influence right now, not losing it. And with that goes the USD.
You're about 4 regime changes away from convincing me of this. India, Saudi, Kenya, and at the very least Ghana should not have their current governments by this time next year if that were true.