Loading ...But instead of deposited funds, well some deposits are people paying taxes, but the gov’t has been handing out big grants, of fake money that goes onto the deficit, for example near by.
Some electric company got tons of money to rework school busses into battery busses. And I looked up the company, and saw photos of a shit load of upper level employees. All smiling nicely. And the “about” part was all a bunch of hot air. Probably hired all friends and relatives, and probably don’t do any work to speak of. Like no show jobs.
So the US Gov’t FTX type system will work until it stops working, like FTX ended, suddenly like others before and between Bernie Madoff and today. The system is a total joke. Millions of houses were raised after sandy for free.
Millions of people stopped paying house loans after 2007 and got away with free living space for 6-10 years. And SOOO many other examples of gov’t handouts of fake money. Like children that found a bunch of cash and spending it all over town. It seems like they know the end is near, and have nothing to lose by handing out free money to keep things going.
Sometimes I feel like sending a letter to President O’Biden like “How about me? Can’t I have a lousy $250,00 too? You won’t miss it. Many people know got hand outs”