Stimulus & Bailout Watch Thread

Ethnic Vagina Finder

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Quarterly stimulus for all of 2021 when fiscal revenue is cratering :patrice:

US Government Bonds gonna start looking real funny in the light.

The Fed needs to ease off the money printer as it stands.

Americans as a whole are already in debt. Mortgage debt. Credit card debt. Car loans/leases. Payday loans. shyt is out of control.


But debt is want the monetary system is based on. Without it, the economy wouldn’t be what it is today.
 

phcitywarrior

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Americans as a whole are already in debt. Mortgage debt. Credit card debt. Car loans/leases. Payday loans. shyt is out of control.


But debt is want the monetary system is based on. Without it, the economy wouldn’t be what it is today.

Most def we are in a debt based financial system, but my argument is that debt levels are too high at the government level (it’s been too high at the consumer level too but that’s a different convo).

This is the first time since WW2 where US debt exceeded it’s annual GDP and the Government wants more deficit spending?

I understand we’re in a pandemic but the government is gonna need to reign in some wasteful spending elsewhere.
 

88m3

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The IRS now acknowledges that some people are tossing the cards in the trash, or cutting them up, assuming they are an attempt to get them to sign up for something.


PIX11.COM
Some people are inadvertently throwing away stimulus check debit cards
Many stimulus checks are arriving on prepaid debit cards, leaving recipients wondering if it is a scam.

My lady works at a credit union and they had a call about an ATM machine being down. Someone cut up their stimulus card, realized after what they did, taped it together and tried to use it at the ATM. :snoop:

I can't with people, this is the unintended consequences of dis/mis-information and questioning everything.
 

88m3

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My lady works at a credit union and they had a call about an ATM machine being down. Someone cut up their stimulus card, realized after what they did, taped it together and tried to use it at the ATM. :snoop:

I can't with people, this is the unintended consequences of dis/mis-information and questioning everything.

:to:
 
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