One of DOGE and Project 2025’s purposes is to get competent leaders within the federal government to QUIT.
Breaking the government is why DOGE and Project 2025 exist.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Trillions.And all it cost was a few hundred billion dollars from people's 401ks
Which was inevitable, imo. The Republican Party helped create their own Frankenstein monster and then lost control of him in his first term. Now that he owns the GOP body and soul it's his billionaire and corporate supporters and people like Bannon who are learning that Trump is ultimately uncontrollable. Musk will likely eventually learn that lesson as well.The billionaires have lost control of their monster.
Ripping?
My wife’s company (office supplies across the country) gets 90% of its products from China. It lives on the margin. There is a real possibility it will fold/shut down due to these tariffs.Then they're truly stupid. I know that anyone not in the cult already knows this, but you keep raising tariffs on China and prices are ultimately going to soar at places like Walmart and Dollar General and other stores where much of his base shops because it's cheap and they often can't afford anything better.
Trump only tool is a hammer. He will keep raising the tariff each time China counters. It will have to be Xi who is the adult.Here's what I don't get. Why stop at 104%? Trump says that we're going to get rich from this because China is going to be paying us so much. So go to 200%. Go to 500%. Why the fuck not?
I expect Trump has handed Xi and Putin the maul to hammer America into oblivion.Trump only tool is a hammer. He will keep raising the tariff each time China counters. It will have to be Xi who is the adult.
"US Treasury markets are also experiencing an incredibly aggressive selloff as we go to press, adding to the evidence that they’re losing their traditional haven status.
So there’s no sign yet that the market is managing to successfully find a bottom, and it feels like no asset class has been spared as investors continue to price in a growing probability of a US recession."
The unfavourable price action has cast some doubt on the safe haven status of the US government bond market and the US dollar at the time when the global trade war is intensifying.
We expect foreign exchange market volatility to remain elevated in the near-term, and continue to expect the traditional safe haven currencies of the yen and Swiss franc to outperform.