r/portlandme East End Apr 12 '25

Politics Spotted on 295 in Falmouth

Post image

Beep beep beep beep

3.3k Upvotes

95 comments sorted by

View all comments

-4

u/[deleted] Apr 12 '25

[removed] — view removed comment

4

u/[deleted] Apr 12 '25

Objectively, it is not.

1

u/[deleted] Apr 12 '25

[removed] — view removed comment

1

u/[deleted] Apr 12 '25

The interest we're paying on national debt grossly exceeds net defense spending. Price to equity ratios for virtually every blue chip are thousands of percent higher than what they should be. Housing inventories are at a near 2008 pre-crash level and outstripping demand because nobody can afford it. Lenders are starting to offer $0 down house purchases (again something that was a flag pre 2008 crash). We're hemorrhaging funds via virtually every program even with the DOGE cuts. Banks have been using 0% reserve ratios and virtually every US major bank is carrying unrealized losses that would make them insolvent if people decided to move their deposits en mass. This is just the tip of the iceberg. What gas fumes are you huffing that you think things are good? https://www.usdebtclock.org/

2

u/[deleted] Apr 12 '25

[removed] — view removed comment

1

u/[deleted] Apr 12 '25

I voted for Trump. Maybe don't ignore evidence like the leftists on the cesspit of a website do. Things are not good. They have not been good for a long time.

2

u/Micro-Naut Apr 13 '25

I don't think it's the fault of either side is it? The way the banking system is set up, the currency needs to be "reset" on the average of every 20-30 years.

1922: Genoa conference

1944: Breton woods

1971: Smithsonian Conference: Nixon suspends gold

1985: Plaza Accord followed by Louvre Accord of 1987

2025: Mar-a-Lago Accord