DawgTalkers.net Forums DawgTalk Palus Politicus Our Economy is Collapsing

This guy is a brit economists and has been right for a while now:

This reminds me of your "Prepare for Bloodshed" thread.

So I have to ask... Will the economic collapse be before or after the Civil War?

J6 was no joke.

And the economic collapse is happening now. When you realize how much wealth the rich have taken, you might be able to understand why it was never immigrants, the poor, or any other targets your corporate news overlords aimed you toward. A tax system that dismantles the strangle hold on our economy by mega corps and the elite is the best punch we have left to preserve people’s right to live a decent life. But you seem happy with your life and your crumbs, so I’m happy for you. I’m just trying to tell you the rich still aren’t satisfied… they are coming for your crumbs.

If that makes me cra cra, then that’s what I am… that and 100% correct just like when I told you J6 would be bloody… You blah blahed it and called me radical or some other nonsense protecting the perps. People died as a result. And here you are stroking your MAGA-hood trying to say what we all saw with our own eyes wasn’t real. Your math ain’t mathing. And your opinions are meaningless to me.

In a way you are right, even if you arrive at the thought without knowing why it is happening.

It's happening because we are being crushed by debt and have very little control over what the country spends. The answer we have followed for 40 years is to print more money.

Every time we do that it makes the money already out there less valuable.

It's really no different than the family who keeps getting deeper and deeper in to their credit card. Once that is maxed out, they go out and get another credit card.....like printing money.

Sooner or later it isn't sustainable.

And they're still dong nothing to fix it.

While homelessness and hunger rises nationwide under Trump. No plan on fixing that at all in his agenda. Remember when conservatives were all up in arms about inflation and the cost of living just a few months ago? All of them all worried about the poor folks getting by. Remember? Pffft. Gopers.

Wait for it…. Biden Biden Biden.

I disagree. They are finding all sorts of boondoggle spending and cutting it off.

Look, nobody likes cuts. I think everybody has been there at some point in their life. I know I have.

We all want the full cable package with all the premium channels, but if you can no longer afford things, you have to start cutting costs. Maybe you have to go to the basic package of 20 channels.

Fixing it in the old thinking was to print more money and worry about it later. Now, it is identifying the waste and also looking at what needs to be cut.

Getting spending in line with the reality of the situation is the only real fix, and you know it.

The problem we face is the average American likes to think buy American and support American workers, but they live in a Wal-Mart mentality. Union workers buying non union goods. You don't see the issue here?

I am speaking in general terms here and not addressing you so much, but it is time for people to walk the walk or shut-up.

The entire thing about "So you don't care they're paying immigrants poverty wages?" thing was hilarious. Now they advocate they be called gang members with no evidence it's true and sent to a prison in El Salvador and Guantánamo Bay.

And having a tantrum because a judge expects them to show they're actually gang members first as trump's lawyers fight even doing that much.

But if they are illegally in this country, we have every right to expel them, so there is that. We shouldn't have to fight to prove they are gang members. All we have to show is they are here illegally. Sorry man, you are on the wrong side of the issue here. At worst they are illegal criminal gang members. At minimum they are illegal aliens. Either way we have the right to ship them out of town.

And for the record, I am not in favor of just shipping everybody out. If they are here being productive members of our society we need to find an expedited way of giving the legal status.

Heck, we have large segments of our legal population who are pretty much useless members of society. I'd like to ship them out.

Dude, there are a lot of people thrown into homelessness because of sweeping cuts and layoffs every year. I can only imagine how these numbers will grow now. And you compare it to a cable package downgrade. Geez. Ok bro.

Are you playing dumb here? Who said a single word about not deporting them? I didn't. Nobody in this thread did. You seriously can't see the difference in "deporting them" and " sending them to a prison in El Salvador and Guantánamo Bay" without providing proof they are gang members?


I've been saying that all along.


Don't be surprised if trump joins you in trying to expel actual citizens he doesn't like.

Murica! Freedumb!

The evidence that they are sustaining cuts is suspect, at best. Nobody can say it with specificity at this point. At some point, however, we will have to look at where our spending/deficit/etc is. Also need to factor in the desired revenue cut that this administration espouses.

Really what it'll come down to for all of us - left, right or center - is we need to look at an objective, cumulative was-is comparison of spending, deficit and revenue and see if we're actually better off or not.

I understand the economics, but also see the root cause. Elite agendas and elite handouts.

Our massive debt is from the rich not paying their share and getting trillions in handouts. Money must flow, not just in…. Welfare Kings. This is Reagan’s legacy biting us in the ass… 45 years of trickle down ponzi scheme.

I’ve got zero issues with removing those illegally here by deporting them to their country of origin or another country willing to take them in. NOBODY deserves to be sent to El Salvador prison labor camps and Guantánamo Bay torture facilities for being here illegally. Now if those gang members committed murder or compatibly severe crimes, then El Salvador and Guantánamo Bay… but only in those proven in court instances. And that still may be unconstitutional.

Not that I 100% disagree with many people being useless, but stripping them of citizenship is fascist af. We need to make education and job training a high priority and invest in that ‘useless’ class to make them productive. Imagine how many Einsteins we’ve wasted by the way we educate… who knows what the world could be if we started giving a damn about the individual again and stopped praying to the profit godz.

And if you want low crime, create more opportunity. It’s so stupid simple and obvious but the rich don’t want anything that helps people. Many of our major issues have simple non-complex solutions, but the lack of common sense in the DC LOBBY-VERSE is unhinged. Just like now, two trillion in tax breaks for the elite on the backs of the poor is ridiculous and absurd. That must be off the table now. And an agenda that thinks of people first from the bottom up, taxing the elite, is how we get back to the prosperity of the 50s. It’s the ONLY way we get there.

Gitmo and San Salvador are the new world concentration camps for US.

Not for long. Doesn't seem like we'll need them.





We NeEd An AcT oF cOnGrEsS!!

We do need an act of Congress... because that's how our laws work. 1 dude scrawling his signature on a blank piece of paper isn't a law (it is in some countries, though... is that what you're after?).

I don't know if you saw either Tweet you just responded to -- we obviously didn't need an act of Congress to secure the border. Didn't need an act of Congress to open the doors wide and roll out a red carpet, didn't need one to shut that ish down.

The one wrinkle in this whole situation that you both are ignoring is the total lack of due process.

We're now hearing stories of people who have been shipped to ES that are here legally.

https://www.npr.org/2025/03/27/nx-s1-5341544/ice-el-salvador-jerce-reyes-barrios

Maybe they're lying and they are, in fact, part of the gang. IMO, that's kinda irrelevant as they weren't allowed due process.

are the stories real? we will find out...

Of course they are. I just explained the first step in what they are doing.

You have to identify the problems first.

I am all for education. I have been a proponent of that for years. College is great for those who go and actually get a meaningful degree. The problem is many go who have no real reason to go. They get some useless degree with little hope of getting out of debt.

Our public schools are a mess. We are teaching all kinds of woke crap, and educational crap that isn't going to help many. Let's face it, by the 8th or 9th grade you know if a student is a good pupil or not. After that point many of those kids aren't learning anything that is going to help them in an everyday context. They turn off and ride it out for 2-3 years or they drop out.

We need to divert those kids in to work training programs. The old technical school platform. Get them working half days in apprentice type programs. We need to keep them engaged. The really brilliant kids are always going to be that way. They are going to go on and become Dr's, engineers, programmers, chemists, etc. God Bless them, we need them.

We can't forget the other kids because we still need mechanics, plumbers, chefs, care workers, etc., etc. God Bless them, we need them.

NAZI FASCIST PRISON CAMPS WILL HAVE THAT EFFECT! WONDER WHY THE US NEVER DID THAT BEFORE? Derp…

You seem to think they care about how the law works. They don't. They think trump is a king and everything should be done by decree.

Today, the day after “Liberation Day”, the dow fell 1679 pts. I think this is just the beginning. Companies are announcing layoffs and cut backs now. The world wide markets are reacting. I expect the dow to fall another 1000 or so tomorrow. If this is winning, tell me how.

It's almost as if operating via EOs isn't a consistent and reliable way to ensure something stays fixed... isn't it?

It isn't, but in a polarized political climate it seems the only way to get things done...at least for 4-8 years.

Just a non-political observation. No matter which party brings up something, the opposite party automatically thinks it sucks.

It isn't good, but that's where we are at.

It may go down for a while. But soon the bargain hunters will start hunting and off set much of this.

How will this help, I explained in another thread, but it will bring jobs back onshore. Real jobs. Not just service jobs. But, it will take some time. It isn't going to happen in a matter of weeks, or even months.

We had a nice conversation the other day, I appreciated that. I hear you talking about the rich not paying a fair share. Before we can actually determine that, what exactly do you and others consider rich? I know we will have answers all over the board.

I know we all consider people like Musk, even Haslam being super rich. I also think that people making 50K a year don't consider people making 100K a year rich..at least I hope not

I also understand that people making 15K a year might consider people making 30K a year rich. I hope we can all discount that view.

corporations are not people, so stop comparing an entity's profit to individual salaries, especially when those same entities increase their revenue by forcing employees to work longer hours for less effective pay, regardless of profitability. anybody making anything less than 250k is gonna feel the negative effects of this nonsense. it's the people running things at the top that don't pay their fair share. not some CPA, Doctor, or fast food worker with rent/mortgage like everyone else.

That's how a comprehensive immigration bill was defeated. Because trump said so. We got there because trump put us there.

So, at 1:45 pm the dow is down another 1600 almost 1700. Peen, what you are seeing is the crash the billionaires bet on. And when it hits it’s low, their will be bargain shoppers… the elite will buy much of it back at a huge discount. This is hitting 401ks with a reverse robinhood.

I'm bargain shopping now, does that make me a billionaire?

It makes you a fool if you buy today. We haven’t got close to the end of this free-fall.

So what. I'll be up 20% when the market's at 50000 in less than a year. When are you buying?

I don’t dabble. But I’d bet a hundred or a thousand that the dow doesn’t hit 50K in the next 365 days from today.

And that's the attitude that can never make America great again.....

"I'll be fine so to hell with everyone else!"

Hard to believe the same guy was crying about the price of eggs a few months ago.

Something that was told to me a while ago, and I believe it is true.

When things go in the tank, those with lots of money remaining go shopping for companies and investments.

Billionaires don't mind recessions, because they can make better gains on the flip side.

It's been that way forever, but modern fiscal policy has dampened the highs and lows, so people like Trump create them.

Cynical yes, but there is an underlying truth.