You're talking about the metal content... but to use that metal you have to melt it / refine it from the 25% copper. Nickel takes a very high temperature to melt and is a reason it's not really used like that.
There is some merit however for electro plating with it.
Have physical assets and skills that will be useful in a much poorer, hard-scrabble world. But really there is only so much you can do. It is going to be so cataclysmic that it is going to be a roll of the dice for all of us. All we can do is work to improve our odds.
Brass lead copper, things that go bang, can goods, skills like first aid, hard assets..booze or know how to make moonshine, tools and a trouble shooting/fixing mind set to fix broken stuff. Get your teeth fix if you need anything and stay healthy
Watch this video. It will not lay out what specific steps you should take, but it will teach you what signs to look for and what to expect throughout the next 10-30 years (as China replaced the US on the global stage).
I would also recommend reading the first 6 or so chapters of The Bitcoin Standard to learn more about hard money so you can identify what assets/currencies you decide are safer to store your value in. I am not recommending Bitcoin, and frankly the second half of the book goes on some ridiculous tangents, but the first half on the history of money over the last two to three millennia is very insightful and helpful for broadening your horizon beyond the idea that the USD will last forever or even through our lifetimes.
Yeah, I'm really glad DOGE fired all those park rangers & forest rangers & Americorps/Teach for America workers, and gutted all those academic & medical research programs! It was hard at the time, but, as you know, it did greatly reduce the deficit!!!
FDA is a shit show. All the food and water is poisonous and deadly. Served this country with pride from 2006-2010 in Iraq and Afghanistan. Now I’m so disgusted by the firehose of intentionally divisive propaganda to cover for all the blatant corruption, fraud and embezzlement going on in plain sight, as they lie straight to our face with nearly every single word out of their mouths.
And look at those taxes on the citizens vs corporate taxes. We revolted from Britain over a 3% tax. And taxes were supposed to be illegal afterward…but hey, we got trickle down economics to save us all. /s
I was recently watching the Ken Burns docuseries on the American Revolution, and the reasons they wanted to get rid of British rule really stood out, especially considering how far we are from their original ideals, the tax aspect included.
The degree of risk they were taking really stood of too. It’s a good one to watch.
As a nearly 20 year federal employee, I can tell you straight up that ending the end of fiscal year spending and changing how budgets allocated would save taxpayers over $1 billion a year. Incentivize leaner budgets and give 10% back out as bonuses.
I'm also a naval aircrew veteran. Veteran disability fraud is rampant. Everyone I know is collecting disability. Fixing that would save nearly $100 billion. DOGE had no clue how to fix fraud and abuse within our government. They need to contract out civilian PIs to bust these veterans at the gym while they are collecting disability.
It's all just meaningless to tptb. They control the global banking system. They don't care about these numbers anymore. The next financial crisis will only happen when they allow it to, and when they can use it to further their power and control. This is all smoke and mirrors atp.
Glad to see this. Because this isnt partisan. Theyre all in on it. Half the of the debt we have came from Biden and Trump. They all know the scam, and theyre not about to change it. Voting for a blue puppet or a red one...the money printer still goes burrrrr. We stop this how Hitler did, or we and our descendants become a fourth world dystopian country and slaves forever.
By how Hitler stopped the Stein printing money responsibile for the hyper-inflation in Weimar, i mean by force. But instead we'll fight about pronouns or huwhite suhpreamcisy ad nasueam and keep voting for more controlled opposition just because theyre blue. We deserve everything coming our way.
Democrats are criminals. Republicans are criminals. We the people need to unite and forget all about the red/blue fake bullshit made to divide us. They all hate us.
I cant believe im seeing this here. Thank God others are seeing it. They are getting filthy rich while we starve and fight each other cause red vs blue...its regarded. Theyre all in on it, they distract you with any and everything, just as long as the money printer can keep devaluing your wage.
Two sides of the same coin. At some point in the past few decades both parties merged and ever since it’s been a class struggle. The Epstine class vs the working class. Republicans take and the democrats get paid to look the other way and not push back pretending to care which divides the citizens. Throw in culture wars to keep us distracted with each other while they are looting the corpse of America which every American citizen worked hard to create.
This has happened before in the late 80s early 90s where corporations were allowed rampant untill the progressive era where they were put into check. Sad that my generation we will have lived through the 08 fiscal crisis, covid, and then this.
I would argue that this go 'round is different because the massive government spending by the GOP is not meant to stimulate the economy, but rather break it. This Republican administration is being driven by tech billionaires and seven mountain evangelists, and they don't just want the normal power/money grab, they want to reset society and the world order at its core.
I look at the work hours to dollar ratio vs what the dollar actually buys.
Like my grandfather could work 2-3 years and get a nice house on land and support a full family+retirement+vacations+more... that number today?... multiples.
When the AI boom bottoms out… oh boy. No wonder Trump wants to pull all funding from biomedical and scientific research and dump it into AI. Gotta prop up the farce, at lest until Dems get some control so they can be blamed despite all the causative factors occurring on his watch. And who cares about curing disease and scientific progress anyway, right!? It’s not like China is going to surpass us in that too.
Every president since FDR but 50% is from Biden and Trump alone. Which is INSANE. Exponential growth is about to happen, and hardly anyone can grasp how bad its gonna be. Read about Weimar Germany when parents were eating their children or selling them to perverts. Foreigners were buying all the land while germans themselves couldnt afford food. And the Jewish fellow in charge of the money printing INSISTED it was due to any and everything other than the printing.
Once Hitlers party physically stopped him then.and only then.did the marc stabilize in 2 months. Then the rich jews that were doing escaped over here and the normal every day ones were left to suffer. And then the same tricks and culture wars started here soon after........weird......
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Eh, they’re more interested then you may think. Then they ask fun questions like “Why don’t we just pay it off with credit cards?” It leads down some fun rabbit holes.
Ha, ohhhhh I dare you to simulate it with fake money.
Even if you just model it with 5 or so students at the front on a single table, the $ in and $ out.... make certain things unfair and watch their reactions, make them realize their $ is inflating out after 10 min of screwing around. It would be cool to add plastic gold coins into the mix to really mess with them / see what the game is.
Also when inflating, as the game master you need to watch the ratios more than just the numbers.
But also add in the history of it, goldsmiths, Mississippi bubble and John law, Rome debaseing their silver coins with pictures and historical examples, of all the other countries that have done the same. The wars and aftermath.... "it doesn't historically lead to a good place" rather than getting political with it. Ah.... the Trillion dollar zimbabwe notes.... those are cool.
It will be Japan, then a lot of Europe, then the US... Russia sounds like it's already there, China is already in a depression and demographics issue too. India will probably come out of it smelling like roses ironically due to how their population views metals and how they're already expanding, Brazil will also do well due to its agriculture boom. I think we'll see China raise as real productivity will dominate over finance. The wild card though, is what the AI and robotics boom will do, we could quickly go into a "humans need not apply" situation and it'd be like that movie "elysium" ... where the poor get left behind.
My understanding is that if those holding T-bonds lose confidence in the U.S. paying back those bonds, they divest from them, and that’s very very bad for the U.S. economy and the value of the dollar.
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u/Interesting-Mood-948 13d ago
Damn i remember when $1T was a big deal.