US Senate passes $1.9T stimulus bill

[The Accountant]

Neither two are correlated. Debt ratio is measured by gdp:debt ratio. And the issuance of debt is measured by the tax revenue of a government and whether that given revenue has enough money to pay the interest of the debt its taking

because your way, chinas state owned company’s are defaulting on their debtwhich caused China to open up its bond markets because people weren’t willing to invest in the state owned companies anymore

as long as US has enough tax revenue to pay of its tranche and its interest they can always get debt

Sorry my friend you are factually wrong. How can US have tax revenues when they have to get the stimulus package to keep the companies running?

So u r saying that companies that need to government support for its customer to keep them running can pay taxes on its own ?

Fact is usa is financing the losses of its enterprises by stimulus. Out of this stimulus some of that come back to the government in the form of taxes. However will these companiess still be able to pay taxes if these stimulus packages stops ? History of past 15 years shows the trend is otherwise. Infact the volume of packages are increasing fast and so is the debt to grd

p ratio

 

[Mk-313]

Sorry my friend you are factually wrong. How can US have tax revenues when they have to get the stimulus package to keep the companies running?

So u r saying that companies that need to government support for its customer to keep them running can pay taxes on its own ?

Fact is usa is financing the losses of its enterprises by stimulus. Out of this stimulus some of that come back to the government in the form of taxes. However will these companiess still be able to pay taxes if these stimulus packages stops ? History of past 15 years shows the trend is otherwise. Infact the volume of packages are increasing fast and so is the debt to grdView attachment 722876p ratio

you still dont understand the concept between debt and taxes. and yes, govt will still get taxes even if the companies needed stimulus. corporate tax comprises very little of the US govts taxes. as long as someone is exchanging hands. if someone even buys a toilet paper government will get a tax revenue.

No, stimulus doesnt finance US's enterprise thats not the job of the stimulus. the job of the stimulus is to increase spending and what you have is the treasury bonds graph.and debt isnt as simple as of they are at loss so they need debt. and most of the debt is held by US comapnies like retirement funds, mutual funds etc. and US doesnt go to countries and say he lend us money. they put out their treasuries in the market and countries/funds/companies come and buy it just like they buy gold because they like the interest treasuries pay and they know US is the safest country to invest in.

Funny thing is china also put out its treasuries in the market but could only sell $2 trillion. so govts used their bonds and treasuries as assets

Debt works 2 ways here.
1, US thinks the money they borrowed from foreign entities they can invest in their own country which will yield a higher return vs the interest you have to pay.

an example is you go to bank to take out a loan for the expansion of your business and you think the profit you will make on the business is going to be more than the interest you paid to your bank. and it happens your income starts going up so you ask bank for more money bank sees your income has grown so it lends you more money the cycle continues forever like that.

right now US collects 3.1 trillion in taxes. and about 3 trillion is loss from corporates moving to cayman islands.its a news here every day that apple dont pay taxes, amazon doesnt pay, google didnt pay etc etc. and US need only to tighten that leak to never have a deficit again

2- US purposely borrows debts from other countries to make them keep dollars as reserve which lowers the chances of displacing USD as the worlds reserve currency. if every country is holding their debt and reserve in treasury and the USD. it will be suicide for them to even think about replacing the USD as the reserve of the world.

 

[Kruelwrld]

you still dont understand the concept between debt and taxes. and yes, govt will still get taxes even if the companies needed stimulus. corporate tax comprises very little of the US govts taxes. as long as someone is exchanging hands. if someone even buys a toilet paper government will get a tax revenue.

No, stimulus doesnt finance US's enterprise thats not the job of the stimulus. the job of the stimulus is to increase spending and what you have is the treasury bonds graph.and debt isnt as simple as of they are at loss so they need debt. and most of the debt is held by US comapnies like retirement funds, mutual funds etc. and US doesnt go to countries and say he lend us money. they put out their treasuries in the market and countries/funds/companies come and buy it just like they buy gold because they like the interest treasuries pay and they know US is the safest country to invest in.

Funny thing is china also put out its treasuries in the market but could only sell $2 trillion. so govts used their bonds and treasuries as assets

Debt works 2 ways here.
1, US thinks the money they borrowed from foreign entities they can invest in their own country which will yield a higher return vs the interest you have to pay.

an example is you go to bank to take out a loan for the expansion of your business and you think the profit you will make on the business is going to be more than the interest you paid to your bank. and it happens your income starts going up so you ask bank for more money bank sees your income has grown so it lends you more money the cycle continues forever like that.

right now US collects 3.1 trillion in taxes. and about 3 trillion is loss from corporates moving to cayman islands.its a news here every day that apple dont pay taxes, amazon doesnt pay, google didnt pay etc etc. and US need only to tighten that leak to never have a deficit again

2- US purposely borrows debts from other countries to make them keep dollars as reserve which lowers the chances of displacing USD as the worlds reserve currency. if every country is holding their debt and reserve in treasury and the USD. it will be suicide for them to even think about replacing the USD as the reserve of the world.

You sir are very well knowledgeable and well spoken. Would you perhaps have a degree in economics?

 

[TaiShang]

Now people should go out and spend. In restaurants, cinemas, rock concerts, football games...

Or, they can pay their rent.

 

[KAL-EL]

Now people should go out and spend. In restaurants, cinemas, rock concerts, football games...

Or, they can pay their rent.

With the exception of rent, None of the above.

They should go out and spend for audiophile equipment.

 

[The Accountant]

you still dont understand the concept between debt and taxes. and yes, govt will still get taxes even if the companies needed stimulus. corporate tax comprises very little of the US govts taxes. as long as someone is exchanging hands. if someone even buys a toilet paper government will get a tax revenue.

No, stimulus doesnt finance US's enterprise thats not the job of the stimulus. the job of the stimulus is to increase spending and what you have is the treasury bonds graph.and debt isnt as simple as of they are at loss so they need debt. and most of the debt is held by US comapnies like retirement funds, mutual funds etc. and US doesnt go to countries and say he lend us money. they put out their treasuries in the market and countries/funds/companies come and buy it just like they buy gold because they like the interest treasuries pay and they know US is the safest country to invest in.

Funny thing is china also put out its treasuries in the market but could only sell $2 trillion. so govts used their bonds and treasuries as assets

Debt works 2 ways here.
1, US thinks the money they borrowed from foreign entities they can invest in their own country which will yield a higher return vs the interest you have to pay.

an example is you go to bank to take out a loan for the expansion of your business and you think the profit you will make on the business is going to be more than the interest you paid to your bank. and it happens your income starts going up so you ask bank for more money bank sees your income has grown so it lends you more money the cycle continues forever like that.

right now US collects 3.1 trillion in taxes. and about 3 trillion is loss from corporates moving to cayman islands.its a news here every day that apple dont pay taxes, amazon doesnt pay, google didnt pay etc etc. and US need only to tighten that leak to never have a deficit again

2- US purposely borrows debts from other countries to make them keep dollars as reserve which lowers the chances of displacing USD as the worlds reserve currency. if every country is holding their debt and reserve in treasury and the USD. it will be suicide for them to even think about replacing the USD as the reserve of the world.

Brother i am a finance professional so i understand how the debt and tax work.

Whatever u r claiming is contrary to facts.

USA is in constant cycle of twin deficit and despite trying everything the cycle is not reversing.

Anyways, despite sharing the details of doubling of debt to gdp ratio u still insist that US economy is fine then no one can help u keep living in your shell

 

[TaiShang]

With the exception of rent, None of the above.

They should go out and spend for audiophile equipment.

I think, now, as long as vaccinated, they can gather without masks.

 

[Mk-313]

Brother i am a finance professional so i understand how the debt and tax work.

Whatever u r claiming is contrary to facts.

USA is in constant cycle of twin deficit and despite trying everything the cycle is not reversing.

Anyways, despite sharing the details of doubling of debt to gdp ratio u still insist that US economy is fine then no one can help u keep living in your shell

if u actually did understand economics u would understand how each things works. You are posting random tidbits but do not have the idea what they mean orhow are they interconnected

like your saying debt to gdp ratio doubled. But do you know what it means when does it start overburdening the economy? Debt to gdp ratio is not worrisounless it crosses 300% of the gdp
japan ratio is 250%
chinas ratio is 317%
USs is close to 225%

Who denied there wasn’t any deficit? But do u know how these deficits come about? For example trump have a tax break of $2 trillion to the rich essentially he removed those taxes. And if u reverse those measure the deficit would go away that’s why Clinton had a surplus. Also “twin deficit” is a hypothesis it’s not even a proper theory to be applied to


You learn random facts but u don’t know how they work in economics.

Plus you’re not even considering the facts US is the issuer of its own debt and it’s currency is not pegged to anything and how does that come into play.or how ever since fed issued debt electronically traditional economics apply less vs the modern monetary theory

Lastly the world int stupid to keep buying treasuries if the US economy wasnt fine. as an example when chinese-state owned companies started defaulting on their debt foreign investors pulled out of them like that to the point that china had a dollar shortage and had to open up their bond markets for the 1st time in history to get money in.
Another example is when the world saw that US wasnt properly containing coronavirus foreign direct investment lowered to the point that US lost the spotfor the 1st time

 

[Han-Tang]

print more green paper and steal more wealth from the world

 

[Mk-313]

You sir are very well knowledgeable and well spoken. Would you perhaps have a degree in economics?

Thank you, and yes

 

[ToddBing]

if u actually did understand economics u would understand how each things works. You are posting random tidbits but do not have the idea what they mean orhow are they interconnected

like your saying debt to gdp ratio doubled. But do you know what it means when does it start overburdening the economy? Debt to gdp ratio is not worrisounless it crosses 300% of the gdp
japan ratio is 250%
chinas ratio is 317%
USs is close to 225%

Who denied there wasn’t any deficit? But do u know how these deficits come about? For example trump have a tax break of $2 trillion to the rich essentially he removed those taxes. And if u reverse those measure the deficit would go away that’s why Clinton had a surplus. Also “twin deficit” is a hypothesis it’s not even a proper theory to be applied to


You learn random facts but u don’t know how they work in economics.

Plus you’re not even considering the facts US is the issuer of its own debt and it’s currency is not pegged to anything and how does that come into play.or how ever since fed issued debt electronically traditional economics apply less vs the modern monetary theory

Lastly the world int stupid to keep buying treasuries if the US economy wasnt fine. as an example when chinese-state owned companies started defaulting on their debt foreign investors pulled out of them like that to the point that china had a dollar shortage and had to open up their bond markets for the 1st time in history to get money in.
Another example is when the world saw that US wasnt properly containing coronavirus foreign direct investment lowered to the point that US lost the spotfor the 1st time

Dont misleading general government debt with debt

 

[Mk-313]

Dont misleading general government debt with debt

when youre measuring the state of an economy in terms of gdp:debt which was where the topic had led to. then you have to calculate the total debt not just the government debt. it started with government debt but then he segued the conversation to the health of US economy

 

[Yongpeng Sun-Tastaufen]

All this money ends up in China via trade deficit anyway.

 

[ARMalik]

https://twitter.com/x/status/1368253142610157570

Meanwhile SUPER POWER USA has another Super power problem. Down Town LA is now filling up with Homeless people at an unprecedented rate !! I have to say this "Super Power" is fast becoming a gigantic DUMP !

 

[Yongpeng Sun-Tastaufen]

This is going to cause a lot of inflation in the US unless they can manage to dump it to China by means of trade deficit.