In 2025, $9.2 trillion of U.S debt will either mature or need to be refinanced. Of that $9.2 trillion, around 60% (or $6 trillion) is scheduled before July.
For the chuds who donโt get it, when debt "matures," the government has to pay it back. But they donโt actually cough up cash. Instead, they just issue new debt to replace the old. The catch is, if interest rates are higher now than when that debt was first sold, the new debt costs more to service. So weโre talking way bigger interest payments going forward.
That puts more strain on the federal budget, since more money has to cover interest instead of things like infrastructure, defense, or benefits. It also means the governmentโs dumping a ton of new bonds on the market, and if there isnโt enough demand, they may need to raise rates even more to get buyers. That can lead to unstable markets, make borrowing more expensive, and hurt investor confidence (which is already in the shitter thanks to Blumpfโs sloppy tariffs).
Source: The Kobeissi Letter on X
For the chuds who donโt get it, when debt "matures," the government has to pay it back. But they donโt actually cough up cash. Instead, they just issue new debt to replace the old. The catch is, if interest rates are higher now than when that debt was first sold, the new debt costs more to service. So weโre talking way bigger interest payments going forward.
That puts more strain on the federal budget, since more money has to cover interest instead of things like infrastructure, defense, or benefits. It also means the governmentโs dumping a ton of new bonds on the market, and if there isnโt enough demand, they may need to raise rates even more to get buyers. That can lead to unstable markets, make borrowing more expensive, and hurt investor confidence (which is already in the shitter thanks to Blumpfโs sloppy tariffs).
Source: The Kobeissi Letter on X
Forwarded from Keith Woods
The British state has now declared civic nationalism an extremist ideology.
Quote from Keir Starmer earlier this year: "this happened by design, not accident ... A one-nation experiment in open borders ... Without strong migration rules, we risk becoming an island of stranger"
If someone in the UK shares their prime ministers' stated view on immigration they are now categorised as subscribing to an extreme-right wing terrorist ideology.
Quote from Keir Starmer earlier this year: "this happened by design, not accident ... A one-nation experiment in open borders ... Without strong migration rules, we risk becoming an island of stranger"
If someone in the UK shares their prime ministers' stated view on immigration they are now categorised as subscribing to an extreme-right wing terrorist ideology.
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Low Energy President
The political compass does not exist, instead there is a sphere. The dead center is pure distilled leftism. Everything else gets further.
"right" as you get to the outer rings, and every form of rightism is completely different from each other. This often prevents right unity, groups can't agree, fight each other instead of leftism.
So what is leftism? Leftism is equality, rightism is hierarchy. Different right wings = different value hierarchies. But leftists differ much less, smoothing minimizes differences.
https://bpspsychub.onlinelibrary.wiley.com/doi/10.1111/bjso.12665
"right" as you get to the outer rings, and every form of rightism is completely different from each other. This often prevents right unity, groups can't agree, fight each other instead of leftism.
So what is leftism? Leftism is equality, rightism is hierarchy. Different right wings = different value hierarchies. But leftists differ much less, smoothing minimizes differences.
https://bpspsychub.onlinelibrary.wiley.com/doi/10.1111/bjso.12665
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Nick won, Conservatism lost.
What is a woman?
Liberals: someone who identifies as a woman.
What is a Welsh person?
Conservatives: someone who lived in Wales for at least 5 to 10 years.
What makes a brown person?
Chuds: having at least 1% brown DNA.
Liberals: someone who identifies as a woman.
What is a Welsh person?
Conservatives: someone who lived in Wales for at least 5 to 10 years.
What makes a brown person?
Chuds: having at least 1% brown DNA.
Forwarded from Middle East Spectator โ MES
โโ๏ธ๐บ๐ธ/๐ฎ๐ท/๐ฎ๐ถ BREAKING: The U.S. Embassy in Baghdad, Iraq, is preparing to receive an evacuation order, following Iran's threat to strike American targets in the Middle East in case of a war โ Reuters
@Middle_East_Spectator
@Middle_East_Spectator
Forwarded from Middle East Spectator โ MES
โโ๏ธ๐บ๐ธ/๐ฎ๐ท BREAKING: The 6th round of Iran-US talks scheduled for Sunday in Oman will NOT take place
@Middle_East_Spectator
@Middle_East_Spectator
My predictions about the Iran war:
1. Israeli airstrikes will succeed in significantly damaging Iranโs nuclear infrastructure, setting the program back by at least five years.
2. Iranian retaliation will be limited in effectiveness, though much stronger than their previous responses. Still, it wonโt exceed 1/10th of the damage to Iran caused by Israel.
3. If Iran chooses to target the U.S. as part of its retaliation, the response will be more forceful and will result in the permanent disabling or destruction of multiple American bases in the region, including the sinking of several ships if they are stationed in the Persian Gulf.
4. Should the conflict escalate further, Israeli strikes are expected to severely impact Iranโs economy by targeting oil refineries, ports, and other key civilian and infrastructural sites. Iran would struggle to respond effectively to such damage, however if Iran decides to attack the US if itโs in proximity then it will succeed.
5. A regime collapse in Iran is unlikelyโunless Israel were to eliminate the Khamenei family while avoiding civilian casualties, which would be an extremely difficult objective. Instead, Iran will likely become even more hostile toward Israel and the West.
6. Once Israel achieves its immediate strategic objectives, Iran will likely resume its pursuit of nuclear weapons and formally abandon any remaining commitments to the JCPOA. From that point on, itโs sole strategic goal would be to seek revenge against Israel.
Iโm completely certain about every single point except for 5 and so if a revolution does indeed take place in Iran (unlikely) then point 6 is annulled.
What weโll also see is the effectiveness of new Iranian drones and Ballistic missiles. Perhaps one or more Israeli planes will be shot as well. Overall, however, the operation would constitute a clear strategic victory for Israel.
That said, it would further isolate Israel diplomatically and contribute to the normalization of using military force to achieve goals that diplomacy has failed to deliver. In that sense, it may resemble the broader geopolitical consequences of Russiaโs invasion of Ukraine. Unlike Russia, though, Israel is unlikely to face economic sanctions from key Western powersโlargely due to the influence of pro-Israel lobbying and the widespread hostility toward regimes like Iran. Also:
7. there won't be a land invasion of Iran.
8. Israel won't be able to destroy most or every single one of Iranian objects related to the nuclear program.
1. Israeli airstrikes will succeed in significantly damaging Iranโs nuclear infrastructure, setting the program back by at least five years.
2. Iranian retaliation will be limited in effectiveness, though much stronger than their previous responses. Still, it wonโt exceed 1/10th of the damage to Iran caused by Israel.
3. If Iran chooses to target the U.S. as part of its retaliation, the response will be more forceful and will result in the permanent disabling or destruction of multiple American bases in the region, including the sinking of several ships if they are stationed in the Persian Gulf.
4. Should the conflict escalate further, Israeli strikes are expected to severely impact Iranโs economy by targeting oil refineries, ports, and other key civilian and infrastructural sites. Iran would struggle to respond effectively to such damage, however if Iran decides to attack the US if itโs in proximity then it will succeed.
5. A regime collapse in Iran is unlikelyโunless Israel were to eliminate the Khamenei family while avoiding civilian casualties, which would be an extremely difficult objective. Instead, Iran will likely become even more hostile toward Israel and the West.
6. Once Israel achieves its immediate strategic objectives, Iran will likely resume its pursuit of nuclear weapons and formally abandon any remaining commitments to the JCPOA. From that point on, itโs sole strategic goal would be to seek revenge against Israel.
Iโm completely certain about every single point except for 5 and so if a revolution does indeed take place in Iran (unlikely) then point 6 is annulled.
What weโll also see is the effectiveness of new Iranian drones and Ballistic missiles. Perhaps one or more Israeli planes will be shot as well. Overall, however, the operation would constitute a clear strategic victory for Israel.
That said, it would further isolate Israel diplomatically and contribute to the normalization of using military force to achieve goals that diplomacy has failed to deliver. In that sense, it may resemble the broader geopolitical consequences of Russiaโs invasion of Ukraine. Unlike Russia, though, Israel is unlikely to face economic sanctions from key Western powersโlargely due to the influence of pro-Israel lobbying and the widespread hostility toward regimes like Iran. Also:
7. there won't be a land invasion of Iran.
8. Israel won't be able to destroy most or every single one of Iranian objects related to the nuclear program.