U.S. equity indexes hit record highs on Monday, with the benchmark S&P 500’s market value topping $20trillion as investors bet tax cuts promised by President Donald Trump would boost the economy.
Trump vowed last Thursday to make a major tax announcement over the next few weeks, adding fuel to a rally that had stalled amid worries about the potential impact of his protectionist trade stance and a lack of clarity about other policy reforms.
The S&P 500 has surged about 9 percent since Trump’s Nov. 8 election, boosted by expectations he would lower corporate taxes, ease regulations governing banks and increase infrastructure spending.
Trump has also held high-profile meetings with senior executives from automakers and Silicon Valley technology companies.
“Day after day, corporate executives from a variety of industries are being brought to the White House to consult with the president. Business does seem to be back in the driver’s seat, and I think that’s why people are willing to pay up a little bit more for stocks,” said Jamie Cox, managing partner of Harris Financial Group in Richmond, Virginia.
In every annual budget debate since the 1980s, one side figures out that the way to get what it wants – which is higher spending – is to frame the request in a particular, ingenious way: We have to borrow and spend way more now if we want to borrow and spend way less later.
3 thoughts on “Stocks All Time High = Obligated Current Debt”
That National Debt graph is already way behind. Our current debt is now more than twice that size. As of 2/21/2017 it’s just shy of $20 billion, at $19,935,316,186,835.70. I could probably come up with the 70 cents myself if that would help.
As Lily Tomlinson famously remarked, “No matter how cynical you are, it’s hard to keep up”.
Imagine if we dismantled just ONE of the Jesuits’ powerful tools: the IRS and its worldwide collection services. Yes, worldwide. That means the IRS will take your money even if you live overseas, and it will sometimes prevent your attempting to relinquish your US citizenship.
If we did in fact dismantle the IRS, $2.7 TRILLION dollars of American taxes would be available yearly to Americans. That’s an average of 27% of each Americans’ yearly income, or about $15,000.
Yes, that is accurate: each year, $2.7 TRILLION dollars of our hard-earned money goes out of this country and flows electronically all the way to Basel, Switzerland, to the Bank for International Settlements (BIS).
The American debt is an artificially created one, designed to decimate The Middle Class and place us effectively into the bottom economic category: the poor class.
Then, with only two classes of society, the wealthy and the poor, the Jesuits can better manipulate and rule.
If this current debt continues to mount, our economy will collapse as it cannot be sustained, owing so much to the BIS, the world’s central bank.
Our artificially propped-up geoeconomy also will go the way of the dodo bird and result in a severe shock to the world’s financial system that results in The Middle Class being crushed, along with all the low rungs of the wealthy class, i.e. those earning less than $50M a year. The previously wealthy would then constitute the new middle class, unless they lost all their earnings and thus joined the rest of us in the poor class.
Sadly, the current economic “models,” developed by some great thinking minds, are all NULL and VOID, because not one of them even considers the ever-present hidden hand of the Jesuits manipulating all markets behind the scenes. But those formulas do look impressive, backed up with reams of data.
Bravo, JWLPeace, for publishing articles like this one. And also for allowing comments. Cheers!
Should the will of the people decide to stop paying into supporting the war machine, spending trillions of debt, that our children will inherit, while killing millions of brown people based on lies of WMD’s, etc…the Empire would crumble. Thanx for this most important comment for all to consider.
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