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   POLITICS      Political Discussions      39,875 messages   

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   Message 38,427 of 39,875   
   Joseph Pereira to All   
   Increasingly worse news   
   05 Nov 25 06:37:02   
   
   TZUTC: -0600   
   MSGID: 36646.fido_politics@1:124/5016 2d710a14   
   PID: Synchronet 3.21a-Linux master/bd2a60f59 Nov 02 2025 GCC 13.3.0   
   TID: SBBSecho 3.31-Linux master/bd2a60f59 Nov 02 2025 GCC 13.3.0   
   BBSID: EOTLBBS   
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   The US economy is growing, and yet we're seeing increasingly worse news.   
   Agriculture is struggling. Local businesses are struggling. Christmas shopping   
   is jeopardized because imports from China have been disrupted; this could cost   
   retail chains their profits. Local banks, heavily burdened with loans to local   
   businesses, are now in dire straits.   
      
   In short, things aren't going well for the US inland.   
      
   Where then?   
      
   Currently, growth is almost entirely driven by investments from the 20 largest   
   companies in the US. Their hundreds of billions in investments are distorting   
   the overall picture.   
      
   Perhaps this is a good thing, because as long as we don't all believe in a   
   depression, the fairy tale can persist. If everyone loses their composure,   
   things could go terribly wrong. Consumers would stop buying expensive goods,   
   and suddenly everything would dry up. The economy is made up of money that   
   circulates, generating taxes and profits. If consumers go on strike, there   
   would be panic, and the balance would be lost.   
      
   So soon, a lot of money will be pumped into the economy to give the impression   
   that there's still plenty of money around. Maybe we'll fall for it again.   
      
    .   
   --- SBBSecho 3.31-Linux   
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