NewStats: 3,262,736 , 8,178,006 topics. Date: Tuesday, 03 June 2025 at 12:07 PM 5s3r72

IjeBos:


You drank all the kool-aid.
You really think you are Oyibo.

He really thinks he's Oyinbo. Dayo is like one of those people who migrate, and shit on the country they came from.

GloriousGbola:

I’m just teasing him though. He said he was traveling. Easy denial there. He’s going to say he’s not around at the moment.

budaatum:


Yes it is in the interest of globalists, who watch in glee as that debt rises and guarantees a future payout.

They will reap their benefit when USA can no more afford the interest on the debt (not to talk of the principal), and the currency devalues and the interest rockets moonwise a la Argentina.

Think what China might have planned the last 25 years and you might see spending more than earned is not sustainable.

That in a nutshell explains why the rest of the world hates Trump. He can see how the globalists are circling like vultures and wants to reverse that .
Paradoxically they don't care if America goes down at the expense of China.
My position is very clear with the Chinese. They should not accede to superpower status neither should they replace America at the helm. I'd rather have America and Europe , they pride themselves in following the law, though EU is a legal dictatorship that is clutching on the straws desperately trying to break any nationalist rising within it's block.

Canada give themselves better brain.

benalvino3:


🤣😂 You are comedy.

At least you see it as I see it. It's a useless feature.

I won't block anyone. As long as I know your head is empty I can live with that. Those who delight in blocking are the ones who think they are smart and take offence when challenged .

bemeruca:


No more junks from China. They are feeling the heat

What the Chinese send to America is higher quality than the junk they send to Africa. They will soon have a glut of if high quality products with nowhere to sell to. Nigeria will benefit. No more fake Russell Hobbs kettles.
I'm watching lithium batteries very closely.

happney65:
Canada give themselves better brain.

Canada has 23% of it's population from immigrants.
America is headed there. As long as the Liberals in Canada import more immigrants they will always have an edge in the elections.
Till the day a certain class of the immigrants become the Praetorian guard that brought down Rome.

budaatum:


Your "nobody" is incorrect. The yield will simply rise to a point where bonds become a bargain and buyers will rush in for the dips.

Imagine the current ~4% becoming 8, 12, 15%, and think what inflation would do.

A bargain? This is a misinterpretation of how bonds work sir. You have completely missed out the fundamentals of risk and default.

In June 2025, the US has to refinance about $8Trn worth of Treasuries. Those bills were issued in about 2015 with a coupon date of about 2.1% if i am right. Then it would cost the Treasury $170bn a year.

At the current 4.25% yield rate, it will cost $340bn to finance the same debt.

So if the UK were to dump $700bn of US bonds and yields went up to say, I don't know.... your median figure of 8% now; this means the US has to refinance same debt in June 2025, at a stagerring coupon rate of $650bn per year!!!!

To put things in perspective, this is more than the annual budget of the Navy, Army, Airforce and Marines combined. This will mean that effectively, the US is bankrupt.

The secondary effects of crash of the US dollar, the Fed having to raise interest rates to 8% will make sure that GDP goes to sleep forever.

And this is why Nobody, I mean Nobody, will touch it.

nateevs:


A bargain? This is a misinterpretation of how bonds work sir. You have completely missed out the fundamentals of risk and default.

In June 2025, the US has to refinance about $8Trn worth of Treasuries. Those bills were issued in about 2015 with a coupon date of about 2.1% if i am right. Then it would cost the Treasury $170bn a year.

At the current 4.25% yield rate, it will cost $340bn to finance the same debt.

So if the UK were to dump $700bn of US bonds and yields went up to say, I don't know.... your median figure of 8% now; this means the US has to refinance same debt in June 2025, at a stagerring coupon rate of $650bn per year!!!!

To put things in perspective, this is more than the annual budget of the Navy, Army, Airforce and Marines combined. This will means that effectively, the US is bankrupt.

The secondary effects of crash of the US dollar, the Fed having to raise interest rates to 8% will make sure that GDP goes to sleep forever.

And this is why Nobody, I mean Nobody, will touch it.

In other words, you would want Trump to fail in reining on interest rates and public debt.
I doubt he will.

nateevs:


A bargain? This is a misinterpretation of how bonds work sir. You have completely missed out the fundamentals of risk and default.

In June 2025, the US has to refinance about $8Trn worth of Treasuries. Those bills were issued in about 2015 with a coupon date of about 2.1% if i am right. Then it would cost the Treasury $170bn a year.

At the current 4.25% yield rate, it will cost $340bn to finance the same debt.

So if the UK were to dump $700bn of US bonds and yields went up to say, I don't know.... your median figure of 8% now; this means the US has to refinance same debt in June 2025, at a stagerring coupon rate of $650bn per year!!!!

To put things in perspective, this is more than the annual budget of the Navy, Army, Airforce and Marines combined. This will means that effectively, the US is bankrupt.

The secondary effects of crash of the US dollar, the Fed having to raise interest rates to 8% will make sure that GDP goes to sleep forever.

And this is why Nobody, I mean Nobody, will touch it.

First, UK nor hardly any country would dump their US bonds, and if they do, buyers would be found on the open market at a price that would make the yield seem good. Just think. If UK dumps at say 70% of face value, the yield earned would seem more. There's even scalpers who'd be glad to buy it just as they bought Argentina's debt for cents on the dollar when they went bankrupt. 2.1% on a coupon bought for 20 cents is like 100% interest a month.

If USA can't pay the interest on its loans and your default scenario were to occur, USA would just need to pay higher interest to sell bonds to finance their budget, and there's always buyers at a price (of say 20-30% or above, I exaggerate). The consequences would of course bankrupt America and Americans, who would be caught in the crossfire of high interest payments and currency devaluation and deflation, not just in food and services as is current, but in assets (bonds, stock, property etc), too. But that's the price of owing debt you can't pay.

Higher yields create demand.

Yields of US Treasury securities have remained relatively high compared to the securities of other countries. The 10-year Treasury yield is currently at 4.28%, compared to the German 10-year yield of 2.51%, the Japanese 10-year yield of 1.20%, or the Canadian 10-year yield of 3.08%. One of the exceptions is the UK 10-year yield, at 4.61%.

These higher yields for Treasury securities make them very attractive to foreign buyers. We saw that this buying continued at the 10-year and 30-year Treasury auctions last week, and at the 20-year Treasury auction today: There was blistering demand from “indirect bidders,” a category that includes foreign bidders.
https://wolfstreet.com/2025/04/16/foreign-investors-massively-bought-us-treasury-securities-in-february-china-japan-canada-euro-area-uk-financial-centers-taiwan-india-even-brazil/

budaatum:


First, UK nor hardly any country would dump their US bonds, and if they do, buyers would be found on the open market at a price that would make the yield seem good. Just think. If UK dumps at say 70% of face value, the yield earned would seem more. There's even scalpers who'd be glad to buy it just as they bought Argentina's debt for cents on the dollar when they went bankrupt. 2.1% on a coupon bought for 20 cents is like 100% interest a month.

If USA can't pay the interest on its loans and your default scenario were to occur, USA would just need to pay higher interest to sell bonds to finance their budget, and there's always buyers at a price (of say 20-30% or above, I exaggerate). The consequences would of course bankrupt America and Americans, who would be caught in the crossfire of high interest payments and currency devaluation and deflation, not just in food and services as is current, but in assets (bonds, stock, property etc), too. But that's the price of owing debt you can't pay.

You are implying debt is a carefully constructed scheme to earn select few billions. If so, i also largely agree.
Most of the G8 countries have over 70% of their debt domestic. America with it's gazillion debt the 35% foreign debt component is more than some G8 countries GDP.
Democrats are the ones who drive debt higher by having more social spending , paying off student loans for useless degree courses eg from Trump university. Medicare for everyone including illegals and MS13 gang . Ploy to win vote and virtue signalling, net effect is to drive up debt to the stratosphere.
Now that Trump is pushing back,the democrats are apoplectic the golden goose won't be laying eggs forever
Better the US economy crash under Trump as soon as yesterday.

If conservatives in Canada had won, raumdeuter for no let us hear word. I when it looked like they were making headway and you were having fun telling us how the whole world was ready to go conservative

WEF globalist wins election after liberals imported millions of voters.
Says Friendship with America is OVER.

Trump didn't care if liberals won.
https://www.reuters.com/world/americas/trump-says-he-doesnt-care-if-liberals-beat-conservatives-canada-2025-03-19/

Now they have won . The USMCA is dead by his words but is still binding. Canada $600 B exports to America are huge , whether Carney likes it or not , he has to negotiate with Trump.
Actually Trump had said he'd rather deal with liberals than conservatives.

While they are happy they sent a message to Trump, the government will still need to send it's proposals to Trump. Who will look at it , reject what he don't like or simply send them his proposals with a take it or leave it.
Trunp holds the Ace card.
I'm reliably informed Trump rhetoric about the 51st state came up because Canada had begged him not to crash their economy via tariffs and blocking transshipments of Chinese merchandise.
I am not a ware of how much damage the liberals have wrought to Canada with outsourcing to Asia, curtailing big oil and enacting suffocating environmental and climate change policies to their industries.

Na true or na lie? A total and complete TRUTH.

happney65:
Na true or na lie? A total and complete TRUTH.

Like clockwork. The funny thing is he news the worst Republican president last time he was in office. Now he beat his own record at being the worst. Worst president in a century.

cococandy:


Okay but you no fit go show us the port in case it’s a lie?

That's unfortunate for you.

basilico:


I won't block anyone. As long as I know your head is empty I can live with that. Those who delight in blocking are the ones who think they are smart and take offence when challenged .

Only people with mental issues will use the block button like Maeve7 and AmazonTopaz 😂

It is always the case that offence is taken not given

cococandy:


Like clockwork. The funny thing is he news the worst Republican president last time he was in office. Now he beat his own record at being the worst. Worst president in a century.

But why do you keep on voting against your own interest? See how canadians rose up to the occassion? Is something wrong with Americans?

Like Nigerians,Like Americans

SMH

nateevs:


He really thinks he's Oyinbo. Dayo is like one of those people who migrate, and shit on the country they came from.

This does not make sense. No matter how you lie to yourself. Almost all countries in Africa are 3rd world countries. That's a fact.

The person you respond to use to appeal to authority that he lives in the US so by default he is better than those of us who lives in Nigeria and he is correct.

But that strategy never worked so for him.

bemeruca:


That's unfortunate for you.

Na question she asked. Will you be able to show us? Me,I dont claim to live in the US. But if you claim to live in the US,It should not be a big deal to be able to show us

No be so?

happney65:


Na question she asked. Will you be able to show us? Me,I dont claim to live in the US. But if you claim to live in the US,It should not be a big deal to be able to show us

No be so?

That's why it is unfortunate for her.
You can make your pick. Options are: Nigeria, US, Canada.

Anyone you choose will be your own truth. It's as easy as that

That’s not what appeal to authority means.

bemeruca:


This does not make sense. No matter how you lie to yourself. Almost all countries in Africa are 3rd world countries. That's a fact.

The person you respond to use to appeal to authority that he lives in the US so by default he is better than those of us who lives in Nigeria and he is correct.

But that strategy never worked so for him.

bemeruca:


That's unfortunate for you.

Explain pls. Wetin concern my fortune or misfortune with this?

happney65:


But why do you keep on voting against your own interest?
SMH

Propaganda works

cococandy:
That’s not what appeal to authority means.

Well, I know but you get my point.

cococandy:


Explain pls. Wetin concern my fortune or misfortune with this?

I have no obligation to prove anything to you. So it's unfortunate for you.

I wasn't active for a few days. Maybe I traveled but who knows

cococandy:

Propaganda works

100

cococandy:


Like clockwork. The funny thing is he news the worst Republican president last time he was in office. Now he beat his own record at being the worst. Worst president in a century.

Century

Those are rookie numbers

Let's go for millennium

The worst president in the history of presidents!

bemeruca:


I have no obligation to prove anything to you. So it's unfortunate for you.

I wasn't active for a few days. Maybe I traveled but who knows

So much for thick skin. Yimu

nateevs:


He really thinks he's Oyinbo. Dayo is like one of those people who migrate, and shit on the country they came from.

Exactly.
I'm comfortable talking about how it needs to improve or the issues it has, but I won't sh*t on it.
Nigeria's not perfect nor close to it, but it is still home.

happney65:
Na true or na lie? A total and complete TRUTH.

And they don't get credit for it.
Imagine how much hate Obama got for being No Drama and of course black, despite how successful his istration was.

bemeruca:


This does not make sense. No matter how you lie to yourself. Almost all countries in Africa are 3rd world countries. That's a fact.

The person you respond to use to appeal to authority that he lives in the US so by default he is better than those of us who lives in Nigeria and he is correct.

But that strategy never worked so for him.

Lol @ not even understanding what appeal to authority means yet trying to use it in a sentence.

You are so embarrassingly dumb.