Economic Impacts of Iran War
03-27-2026 | 11:30 PM
#492
Gets Weekends Off
Joined: Dec 2005
Posts: 9,460
Likes: 473
Yep, in late October, 2025 we crossed $38 trillion.
On March 18th, 2026 we crossed $39 trillion.
So in less than 5 months, we added $1 trillion.
If our debt rating takes a hit - likely as we go deeper into debt - the interest paid for additional borrowing increases. The more debt we have, the more difficult it becomes to climb out of it, and the more likely we are to add to it.
Metaphorically - a snowball rolling down a hill becomes increasing difficult to stop as it gathers both size and speed.
Here’s an article if you like: https://finance.yahoo.com/economy/po...201328218.html
On March 18th, 2026 we crossed $39 trillion.
So in less than 5 months, we added $1 trillion.
If our debt rating takes a hit - likely as we go deeper into debt - the interest paid for additional borrowing increases. The more debt we have, the more difficult it becomes to climb out of it, and the more likely we are to add to it.
Metaphorically - a snowball rolling down a hill becomes increasing difficult to stop as it gathers both size and speed.
Here’s an article if you like: https://finance.yahoo.com/economy/po...201328218.html
“Not really” an issue so as long as two things remain true:
Oil in Petrodollars
US Dollar as the reserve currency
Any other country that is insolvent would be tanked. But not us because those conditions are true. And we can just print money as a result.
But anyone paying any attention to world events would see the rest of the world making an attempt away from the petrodollar thing, and who knows maybe one day the world reserve is no longer the dollar. We would start World War III, IV, and V simultaneously if that ever became the case.
03-28-2026 | 07:06 AM
#494
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Joined: Dec 2023
Posts: 536
Likes: 140
“Not really” an issue so as long as two things remain true:
Oil in Petrodollars
US Dollar as the reserve currency
Any other country that is insolvent would be tanked. But not us because those conditions are true. And we can just print money as a result.
But anyone paying any attention to world events would see the rest of the world making an attempt away from the petrodollar thing, and who knows maybe one day the world reserve is no longer the dollar. We would start World War III, IV, and V simultaneously if that ever became the case.
Oil in Petrodollars
US Dollar as the reserve currency
Any other country that is insolvent would be tanked. But not us because those conditions are true. And we can just print money as a result.
But anyone paying any attention to world events would see the rest of the world making an attempt away from the petrodollar thing, and who knows maybe one day the world reserve is no longer the dollar. We would start World War III, IV, and V simultaneously if that ever became the case.
I don’t get the point about starting WWIII, IV, V as some sort of solution. World wars are economically devastating even for the “winner”, and that’s not even accounting for the massive amount of death, most of it attributed to displacement, exposure, disrupted food supply etc. its really not a good solution to anything. If you’re a “well then we can enjoy the spoils of war” type thinker, I don’t know what to tell you. I hope not.
03-28-2026 | 07:10 AM
#495
On Reserve
Joined: Feb 2018
Posts: 78
Likes: 15
Yes, it’s called having dry powder. But I keep mine in USDC to at least earn a little yield.
03-28-2026 | 07:13 AM
#496
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Joined: Dec 2023
Posts: 536
Likes: 140
Yes, for those concerned about the national debt, do a quick search on when the most debt was added and under which presidents. And while at it, a quick search of GDP under various administrations, and a search on stock market performance under various adaministrations. I could state it here but it would possibly get taken down as “political” - in reality it’s just facts.
Last edited by Clearedtocross; 03-28-2026 at 07:31 AM.
03-28-2026 | 07:20 AM
#497
On Reserve
Joined: Feb 2018
Posts: 78
Likes: 15
This whole thread turned into a discussion about why you should be buying bitcoin.
I try to orangepill anyone who will listen. Your dollars are eroding faster than your money market account can keep up. Not to mention it’s at a huge discount right now.
I try to orangepill anyone who will listen. Your dollars are eroding faster than your money market account can keep up. Not to mention it’s at a huge discount right now.
03-28-2026 | 07:36 AM
#498
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Joined: Dec 2023
Posts: 536
Likes: 140
A huge discount to what? There’s no intrinsic value.
Also, reminder to never take financial advice from a pilot.
Warren Buffett yes, overly confident pilot, no.
03-28-2026 | 07:37 AM
#499
Gets Weekends Off
Joined: Nov 2011
Posts: 4,164
Likes: 90
From: Volleyball Player
So help sponsor terrorism?
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