Dug
1.2K posts


@NeuterTheDebt @pewresearch Toyota is entering financial crisis. Chinese EVs are destroying their global markets
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@pewresearch No.
Hybrid: yes.
Reason: Toyota dropped EV for Hybrid.
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@JRL12483 @Nostre_damus @Zero The same reason the USN can not open the straight…they will be destroyed
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@RMConservative TRUMP: Still “Looking” at $2K Tariff profit checks to Americans LOL
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Buffett and his guys seeing the consumer absolutely melting down.
Dumping all of Visa is wild
Buckle up
Darth Powell@VladTheInflator
Berkshire Hathaway fire selling
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@KingKong9888 Nixon temporarily closed the gold window in 1971.
There's nothing more permanent than a temporary government program!
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President Nixon’s administration did not wipe out (or even meaningfully reduce) the U.S. national debt using proceeds from the 1971–1973 U.S. Treasury Gold revaluations.
The “Proceeds” and Impact on Debt
⭕️ The 1973 revaluation increased the book value of U.S. gold reserves (then around 260+ million ounces) by roughly $1.2 billion. This created a paper profit that was monetized via gold certificates issued to the Federal Reserve, slightly boosting Treasury cash holdings.
⭕️ Compare this to the national debt:
• ~$398 billion in 1971.
• ~$458 billion in 1973.
⭕️ The $1.2 billion gain was tiny—less than 0.3% of the debt—and the debt continued to rise in subsequent years due to ongoing deficits, not decline to zero or near-zero.
🎯The Nixon Gold revaluations were not a debt-erasing windfall.

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The Market's Biggest Buyer May Be Disappearing zerohedge.com/markets/market…
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Trump considers dropping Freedom 250 concerts in D.C. after artists pull out cnbc.com/2026/05/30/tru…
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