#usa economy

[usatoday121]

im obviously going to add more, if anyone has any reccomendations please let me know. just wanted to share because i think its a good idea going into these next 4+ years.

i have a folder in my computer called "just in case" where i have important documents saved, like the constitution (since trump REMOVED IT from whitehouse.gov) and books that might get banned

More Mews In Link:

https://www.effectiveratecpm.com/jd9fdiic?key=b3fcf7c8e76e5cc9b0a616bb0256d7d8

[head-post]

US dollar hits 2-week low amid Trump’s tariff plans

The US dollar hit a new two-week low amid uncertainty over President Donald Trump’s tariff plans, Reuters reported.

Trump said late on Tuesday night that his administration was discussing imposing a 10% tariff on goods imported from China starting on 1 February. Earlier in the day, he announced that Mexico and Canada could face duties of around 25%.

However, despite the threats, the lack of concrete plans caused the dollar to fall by 1.2% against other currencies. It recovered later on Tuesday, as US officials said any new taxes would be imposed moderately.

Still, Deutsche Bank’s Jim Reid said Trump’s statements “leave plenty of near-term uncertainty.”

Tariffs have again grabbed the headlines overnight as Trump commented in the evening that his threat of a new 10% tariff on China was still on the table… Trump’s comments leave plenty of near-term uncertainty even though the trade investigations from his day 1 executive orders will take some time to play out.

Analysts note that Trump’s policies on immigration, taxes and tariffs are likely to boost growth, but will lead to inflation, albeit limited. Meanwhile, traders expect the Federal Reserve to cut the interest rate by a quarter point by July.

Alvin Tan, head of Asia FX strategy at RBC Capital Markets, said the tariff on Chinese imports was far below “the 60% rate” that Trump mentioned during his campaign. Tan also suggested that the US leader “appears to be positioning for trade negotiations.”

Altogether these suggest that the U.S. dollar could drop further.

Read more HERE

[bloghrexach]

From Vero ... "Sure, because the sick entitled rich oligarchs will not experience anything. No hardship, no struggle, no necessity, no lack of anything, no suffering, no hunger, no homelessness. Remove this unlawful invader immediately."

Your move!!

@hrexach

[evilgothmisandrist]

another reason to hate America (USA), poor woman 🙁

they live off tips

[never-forget-viva-la-pluto]

the us economy is a nightmare. i have been applying for jobs nonstop for a whole year now and 3 places have called me back.

1 was a mlm scheme

2 was a place that had moved out of my state and wanted me to relocate to arkansas

3 was a local owned shop and warehouse that pays 14/hour but their wiki page has a controversy section that is twice as long as the all the other sections combined. on top of that all the reviews say that they interview just to keep up appearances that they are expanding but that they haven't actually hired anyone in over 2 years.

the usa economy is a nightmare and this is with a college degree, 5+ years of work experience, and keeping quiet about my disabilities.

its not just a nightmare. its impossible

[buzz-london]

Something is wrong somewhere…

[usatoday121]

MORE NEW IN LINK

https://www.effectiveratecpm.com/jd9fdiic?key=b3fcf7c8e76e5cc9b0a616bb0256d7d8

[head-post]

HP Insight

Trump to pay off US national debt with bitcoins

During his election campaign, Donald Trump assured the entire planet that he would be able to repay the US national debt by paying it off with bitcoins. Most of the people took his words as a peace move or a joke. However, it was for nothing.

The Bitcoin quote depends solely on the balance of supply and demand, it is not regulated or constrained by anyone. At the same time, no one is obliged to accept bitcoins, i.e. there is no mechanism to get anything for them if for some reason they refuse to buy or accept them as payment.

Its price will rise due to increased demand and limited supply, which creates tremendous value, unlike conventional money, which can be printed as much as you want, and the more it is printed, the more it depreciates. Experienced stock speculators know very well how to create (or simulate) increased demand. Here we can recall how George Soros, using insider information about the artificial collapse of the pound sterling rate, earned his first billion dollars, and he did it in just one day.

Pragmatic financiers always dream of making money quickly, easily and a lot. Financial pyramids are built on the exploitation of this desire, which are created from nothing, promise a lot and obey the only law: the organisers and those who enter the pyramid among the first can grab their piece of the pie.

Bitcoin is also a phenomenon from this sphere. Its difference is that pyramid builders, as a rule, announce what fixed increase of the capital invested today will be tomorrow and the day after tomorrow (for example, any financial pyramid). No one announces in advance the quotation of bitcoin, the named unit of the cryptocurrency system. It is only known that its growth or fall depends on the ratio of supply and demand of this crypto.

Initially (in 2008, which coincidentally coincided with the global economic crisis), the author of this system, hiding behind the pseudonym Satoshi Nakamoto, announced its creation and “participants of the exciting game for money” rushed to mine bitcoins. How did it happen and is it happening now?

Specialists explain that “miners computers solve a complex cryptographic problem, which consists in selecting (actually – guessing by brute force) a combination of numbers and letters that will enter a new block of the blockchain. Without mining, no new transactions would be added to the network that are written to the same blocks, and so the whole mechanism would cease to work. The computer that finds the right solution first receives a bonus of a certain amount of crypto coins.” The participants of the system will be able to mine 21 million bitcoins by joint efforts. The founder has decided that the issue will not expand.

At the start of the mining process, these 21 million bitcoins were worth exactly $0 and 0 cents. As bitcoin miners produced more and more bitcoins, new participants were drawn into the game, a cryptocurrency exchange appeared, and rates began to fluctuate. Surely there were people who noticed that the coin invented by Sakamoto is not backed by anything. But does that surprise anyone? Dollar since the middle of the 70s of the last century, after its unbinding from gold, also exists, although it is not secured by anything, except the obligation to pay for transactions in this currency. And there are no problems – it is quoted on exchanges.

As conditional units were mined and interest in the system grew, money flowed into it, and cryptocurrency began to be quoted on exchanges. The cryptocurrency went from a value of zero per unit of nothing to $1 in almost three years, reaching that level in March 2011. Today, the “unit of nothing” rate fluctuates up and down around $100,000. Is this the limit? No, of course not.

Bitcoin price

It is impossible to give an exact answer to the question ‘how many times the price of bitcoin can still grow. But if the count goes into the hundreds of thousands – it is unlikely to surprise. In 2010, American Laszlo Hanyecz bought two pizzas for 10 thousand BTC (the value of 1 BTC at that time was $0.0025). If Hanyecz had simply saved this electronic money for 10 years, his bitcoin account would be worth up to $450 million in 2021.

What influences the price of bitcoin? – Supply and demand on cryptocurrency exchanges, – Regulatory decisions by governments of different countries, – Technological updates and network security, – Statements by well-known investors and public personalities, – Activity of large holders (whales of the market), – General state of the world economy, – Introduction of cryptocurrencies into traditional businesses.

One can still list a number of factors and see that none of them can be categorised as “events that exist independently of the individual.” Including even such phenomena as economic crises, which their organisers carefully try to disguise as “processes that arose spontaneously as a result of lack of control over certain areas of the economy, overproduction of goods and services,” etc.

It is sometimes suggested online that it is impossible to accumulate a large number of bitcoins in one hand. This is not the case. Firstly, such a ban would violate the freedom of trade. And secondly, it was impossible to accumulate in one hand when bitcoins were only being mined and there was no other way to get virtual currency. After it started to be listed on exchanges, buying and selling started and it became possible to accumulate a large amount in one hand.

Besides, “in the same hands” does not mean under one name. There can be many formal owners, but all of them, in fact, can work for one pocket.

That is, the phenomenon that really influences the cryptocurrency exchange rate is the notorious “human factor.” And since this is the case, there is no problem to catch up the value of bitcoin to the level needed by the US to pay off its astronomical national debt. At today’s rate of $100,000 per bitcoin, Trump needs 350 million units of the cryptocurrency to do this. Among experts today there is speculation that the US now has about 200 thousand BTC at its disposal. In the total issue, which is, let me remind you, 21 million, America’s need does not fit yet. But it will not pay off its debts tomorrow.

By the right moment, there is no doubt that the exchange rate, using the points mentioned above, will be driven to the required height. And the states will not even have to have on their balance sheet the entire volume of existing bitcoins.

One fine day for the US, it will transfer its crypto-money to all the treasure holders, which, few doubt, it bought at the dawn of the system for mere pennies. Or (more likely) during Trump’s first administration, when at the end of 2018 the value of bitcoin fell by 80% compared to 2017 and miners sold their businesses en masse due to their inability to recoup their losses.

Consequences of paying off US government debt with cryptocurrency

Some time after the debt is zeroed out, it will not be difficult for the world hegemon to close the channels to the recipients of the payment. That is, an unknown (or known) hacker group will once again hack the crypto exchange. What will happen next can be understood on the example of the Mt. Gox platform, where bitcoins were traded. In February 2014, it was hacked not for the first, but now for the last time. Hackers stole 744,408 units of cryptocurrency. The exchange went bankrupt, the bitcoin price collapsed by 36%, and the stolen virtual money was not returned to the owners.

Of course, there will be many who want to say that all this is a conspiracy theory and conspiracy theories. But COVID-19 in 2019 was also called a natural phenomenon, and the other day almost the entire world press agreed that the origin of the virus-carrier of the disease is the fruit of laboratory efforts of scientists.

Trump’s warning has been sounded. But bitcoin holders will cling to it to the end – it fluctuates up and down, and every time it goes down, the owners of this cryptocurrency have greed over fear – you just have to wait for a good deal and the lost will come back. To then fall again. Already irrevocably.

THE ARTICLE IS THE AUTHOR’S SPECULATION AND DOES NOT CLAIM TO BE TRUE. ALL INFORMATION IS TAKEN FROM OPEN SOURCES. THE AUTHOR DOES NOT IMPOSE ANY SUBJECTIVE CONCLUSIONS.

Erik Kelly for Head-Post.com

Send your author content for publication in the INSIGHT section to headpost.social@gmail.com

[buzz-london]

America’s Missing Gold: The BIGGEST Cover-up in History - 24th Feb 2025 

...is it still there...?

[buzz-london]

And they still make millions more on profit!

[mysteriousmuffins]

Conversations with my father about the economy always come down to my father pulling out his “trump card” of the “million dollar pill.”

The idea behind it is that to make a new medication, you have to pay the people researching and designing the drug. (Agree)

You have to pay for the building, supplies, and light bill. (Agree)

Then, you have to pay for the machines and processes to make the pill, along with the people overseeing the production. (Agree)

So, in order to make one pill, that first pill, it costs a million dollars. And that’s why healthcare is so expensive.

“So the second pill decreases the value of the first pill by 50%, and the third decreases it by 66%?”

“Someone has to take the pill, and then it’s gone.”

“Most prescriptions come in a range of 10-30 pills, so is it worth 10mil-30mil, or just a little over a million to compensate the development process and then the extra money it cost to recreate the already researched pill? Is not each pill worth $100,000-$33,333.34?”

“The company deserves to profit for creating a life-saving or life-improving drug.”

“So, the second pill should cost another million to not only recoup the cost, but allow the company just short of a 100% profit? Does one prescription give the company short of a 10000%-30000% profit?”

“They need more money to fund research for more drugs.”

“Yeah, sure, people deserve to be compensated for their labor, but there seems to be a lot of money not being managed well at all if they have to keep charging a million dollars per pill when the cost to make and produce the pill has already been paid for. The cost of the pill should be determined from then on cost to produce and some extra money for profit, not the total cost of researching and creating each time.”

“The pill doesn’t last forever, someone takes it and it’s gone.”

“The pill they paid a million dollars for?”

“Yes.”

“So…is there only ever one pill at a time and the knowledge to make and produce it is lost each time?”

“Well of course not.”

“So why does the second pill cost the same as the first?”

“Supply and demand.”

Millennials and Gen Z got their brain rot for Twitter and TikTok.

Boomers and Gen X get it from FoxNews.

[buzz-london]

No one cares!

Remember that when U vote!

[head-post]

Apple to create 20,000 US jobs in pitch to Donald Trump

The world’s most expensive company Apple Inc. plans to invest $500bn in the US economy and create 20,000 new jobs in the States over the next four years, the company said in a press release on Monday.

Apple called it the most ambitious investment plan in its history. Together with partners, the company intends to create an innovative manufacturing site in Texas, where it will produce servers that support Apple Intelligence technologies. The company will also create an academy in Michigan where it will train employees involved in manufacturing.

Apple will double its Advanced Manufacturing Fund, now at $5bn, and ramp up R&D investments in the US. The company will also invest in content creation for Apple TV+ in 20 states.

The company announced the massive spending days after CEO Tim Cook met with President Donald Trump, after which the US president said Apple would “invest hundreds of billions of dollars.” Earlier, Trump had threatened to impose tariffs on imports of goods from China, where Apple manufactures a significant portion of its products.

Apple noted in a press release that it is one of the largest taxpayers in the US and that it has paid more than $75bn in taxes over the past five years, including $19bn in 2024. Over the past 12 months, Apple’s capitalisation has risen 35.5% to $3.69 trillion.

Read more HERE

[buzz-london]

When your debt is 7 times your revenue, and it is rising, there is a fundamental break with reality!

[peripateticavian]

Gods Hello Kitty is just a symbol of greed at this point.