https://www.youtube.com/watch?v=engA8KhgxMY&t=15s


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346 comments


@hzj7920
America is like a steam driven locomotive. It is moving forward but it's furnace is no longer alight and there is no more fuel left.


@williammathis6044
VERY good analogy!

@kenselin
A locamotive boiler requires a lot of coal to go FAST!

The USA does NOT have much coal left to shovel
into the boiler 
- BECAUSE it's NOT GETTING the level of foreign 
   investment it used to get; 
- BECAUSE there is only a weak demand ONLY FOR
  for 90-day T-bills (Those are THE ONLY ONES that
  are selling.); 
- BECAUSE $12 TRILLION in T-bills are coming due 
   THIS YEAR;
- BECAUSE Americans have VERY LITTLE 
  DISCRETIONARY INCOME as a result 
  they're SPENDING LESS causing 
  businesses to close + employees
  to lose their jobs all which mean 
  LESS MONEY for the U.S. Gov't to 
  spend to the point that it probaby 
  woN'T be able to keep its doors
  open pass mid-March: you know
  what THAT is going to do to the
  U.S. DOLLAR?

And LET'S NOT FORGET the USA does NOT have
ONE BULLET TRAIN while China has NOTHING
BUT.

President Biden says he's going to  change
all that, but where is he going to get THE 
MONEY, eh?

Out of THIN AIR? (Ha! Ha!)
Ken. Toronto, CANADA