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Bullboard - Stock Discussion Forum Sokoman Minerals Corp V.SIC

Alternate Symbol(s):  SICNF

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. Its projects include Moosehead Gold, Fleur de Lys, Grey River Gold, Kepenkeck Gold, Killick Lithium, Crippleback Lake Gold, Startrek and Iron Horse. Moosehead Gold property includes 98 claims totaling 2,450 hectares adjacent to the Trans-Canada Highway in central Newfoundland. Fleur de Lys... see more

TSXV:SIC - Post Discussion

View:
Post by likeike on Mar 31, 2022 11:04am

spending

At the time of writing this article, newly minted president Joe Biden has announced another stimulus package in the amount of $1.9 Trillion dollars. Trillion with a Capital T! A Trillion dollars (let alone almost 2) is a freaking lot of money. A Trillion dollars is ONE THOUSAND ‘Billion Dollars! In 2020, the United States alone spent Trillions (>$4Trillion) in Covid-19 Spending & Tax Relief. The Spending is getting out of control.

 
 
 
 

Maybe you don’t live in the US and this won’t affect you? Unfortunately, this is a global phenomenon. Canada is actually worse, as they have spent a higher % of their GDP on stimulus. Now, to clarify, this article isn’t here to debate the merits of stimulus. We are living in strange times, and arguably the stimulus is needed to help people in need. Frankly there isn’t any alternative to stimulus. The fact is its happening and will continue to happen for the foreseeable future. In the US alone, President Biden could stimulate possibly up to $8-9 Trillion in 2021.

 
 
Comment by geezer21 on Mar 31, 2022 12:33pm
Putin has just passed a degree to cut off gas to those who do not pay in Rubles,gold, or crypto. https://www.zerohedge.com/commodities/putin-signs-decree-ordering-gas-exports-be-halted-if-buyers-dont-pay-rubles India is contimplating joing Russia's communication system for transactions. India is buying Russian oil and China is buying Russian commodities. https://news.antiwar.com/2022/03/30 ...more  
Comment by ggnewmex1 on Mar 31, 2022 1:18pm
I noticed that story earlier. It sure makes me think that it will be an interesting news weekend coming up. These are very serious threats to the USD for sure.
Comment by Maxmoe on Mar 31, 2022 4:29pm
Even less interesting than your pumping of nfg. Did you lose your twitter and fb privileges?
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