Couldn’t read the article without signing up or donating, but we all get the gist of it.
Trump obviously is well aware that he bid off more than he could chew. That’s why, despite no evidence to support him whatsoever, he’s talking about how Iran agreed to this or agreed to that blah blah blah. The Iranians are right, he’s just trying to uncrash the markets. He’s definitely looking for an offramp though. That much is clear, even though the reality hasn’t caught up to his rhetoric.
The economic part that’s not getting enough attention IMO, is the bonds! They’re not being seen as a safe Haven this time around. He’s not only made it hard for any fed to lower interest rates against this self-inflicted inflation, the interest on the debt has increased exponentially at these numbers. This is money that’s being spent on interest… I.e. the ether… With nothing to show for it! Money that we could’ve otherwise have been spending on… Oh, I don’t know… Paying TSA workers or helping people get health insurance… You know, silly stuff like that.
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Couldn’t read the article without signing up or donating, but we all get the gist of it.
Trump obviously is well aware that he bid off more than he could chew. That’s why, despite no evidence to support him whatsoever, he’s talking about how Iran agreed to this or agreed to that blah blah blah. The Iranians are right, he’s just trying to uncrash the markets. He’s definitely looking for an offramp though. That much is clear, even though the reality hasn’t caught up to his rhetoric.
The economic part that’s not getting enough attention IMO, is the bonds! They’re not being seen as a safe Haven this time around. He’s not only made it hard for any fed to lower interest rates against this self-inflicted inflation, the interest on the debt has increased exponentially at these numbers. This is money that’s being spent on interest… I.e. the ether… With nothing to show for it! Money that we could’ve otherwise have been spending on… Oh, I don’t know… Paying TSA workers or helping people get health insurance… You know, silly stuff like that.