WAR !

  War leads to many miscalculations and of course mistakes. Some dreadful deeds are also done and are likely never to be punished . Especial...

About Me

Retired but always looking for new challenges.

Wednesday, June 7, 2023

BVian's ACTIVE Stock and Share Trading Ideas: Save the Planet run Amock ! Nothing new in the w...

BVian's ACTIVE Stock and Share Trading Ideas: Save the Planet run Amock ! Nothing new in the w...: 2023 populations are starting to fall with out human tinkering. god be praised ! Young teens and twenties are always looking at something to...

Friday, June 2, 2023

Money matters

The USA government has run out of money to drive their economy forward. Every one is worried by this event as they should be. How ever they control this by having a debt ceiling which they have now reached. Therefore they will now pass a bill to increase the ceiling, in other words allowing them to borrow more. 

This is not such  a dire event as one would think as this creates more money to work with. This is fine as long as they keep interest rates below 3% as there is an expanded population that can pay this amount in taxes. How ever they should not let inflation rise which will then cause a spiral event sending interest rates soaring. Covid caused a bulge in spending but they are getting this under control now.

Our South African government has also run out of money by bad decisions, graft and ineptitude in handling of the economy. Our inflation is beginning to spin out of conntrol with interest rates rising sharply. The racialistic approach of the government by only appointing blacks who are not qualified to top posts to the detriment of our country ,bodes ill for the future. There is still time to reverse this trend and restore the rainbow nation!