So Trump's big beautiful budget that's causing so many fiscal headaches... does the muppet and the cultists actually know that the degrade in 2025 growth in the USA from 2.7% predicted to 1.8% per the IMF is going to blow the price tag on that out even further?
(meanwhile China is struggling under the weight of it all, they've been knocked for six, blown out of the park, battered, beaten, left cowering in the corner... as their economic 2025 growth is downgraded from 4.6% to 4.)
Re: President Trump and US politics catchall
Posted: Wed Apr 23, 2025 8:35 am
by Biffer
Two year bond yield for US treasuries is now at the same level as the UK two year yield. Big indication of how fragile the markets view the US economy.
Re: President Trump and US politics catchall
Posted: Wed Apr 23, 2025 9:12 am
by dpedin
Biffer wrote: Wed Apr 23, 2025 8:35 am
Two year bond yield for US treasuries is now at the same level as the UK two year yield. Big indication of how fragile the markets view the US economy.
Even worse for the US where their debt to GDP ratio is c124%! For comparison the UK is c95%. With the cost of debt and financing the US Gov I am not sure Trump can put off having to renegotiate the debt ceiling much beyond the Spring, probably June? This will get very sticky for him politically and economically. It may end up sooner if the confidence in the US economy and the $ continues to slide and US treasuries become even more difficult to sell. Hence the Tango Twat climb down about sacking Powell - he has been told in no uncertain terms he risks destabilizing the entire economy otherwise! The US is in a very shaky position and I honestly cant see the Orange turd, supported by his dumb as fucks brown shirts, changing his moronic, economically illiterate behavior!
Biffer wrote: Wed Apr 23, 2025 8:35 am
Two year bond yield for US treasuries is now at the same level as the UK two year yield. Big indication of how fragile the markets view the US economy.
Even worse for the US where their debt to GDP ratio is c124%! For comparison the UK is c95%. With the cost of debt and financing the US Gov I am not sure Trump can put off having to renegotiate the debt ceiling much beyond the Spring, probably June? This will get very sticky for him politically and economically. It may end up sooner if the confidence in the US economy and the $ continues to slide and US treasuries become even more difficult to sell. Hence the Tango Twat climb down about sacking Powell - he has been told in no uncertain terms he risks destabilizing the entire economy otherwise! The US is in a very shaky position and I honestly cant see the Orange turd, supported by his dumb as fucks brown shirts, changing his moronic, economically illiterate behavior!
Yeah, the change in the us treasuries now means their cost of servicing the national debt has increased by more than the amount of money DOGE has saved.
Biffer wrote: Wed Apr 23, 2025 8:35 am
Two year bond yield for US treasuries is now at the same level as the UK two year yield. Big indication of how fragile the markets view the US economy.
Even worse for the US where their debt to GDP ratio is c124%! For comparison the UK is c95%. With the cost of debt and financing the US Gov I am not sure Trump can put off having to renegotiate the debt ceiling much beyond the Spring, probably June? This will get very sticky for him politically and economically. It may end up sooner if the confidence in the US economy and the $ continues to slide and US treasuries become even more difficult to sell. Hence the Tango Twat climb down about sacking Powell - he has been told in no uncertain terms he risks destabilizing the entire economy otherwise! The US is in a very shaky position and I honestly cant see the Orange turd, supported by his dumb as fucks brown shirts, changing his moronic, economically illiterate behavior!
Yeah, the change in the us treasuries now means their cost of servicing the national debt has increased by more than the amount of money DOGE has saved.
Saw that as well! All that DOGE has done is create chaos and mayhem, sacked loads of innocent hard working folk, destroyed public health and medical R&D, led to the deaths of starving and HIV+ folk across the world, destroyed the livelihood of many US farmers, tons of confidential data stolen and given to dodgy Big Tech and even Russians, etc etc ... and it has cost the US people more money to achieve all that! You honestly couldn't make up this complete and utter shitshow ... who would have thought that voting in a senile narcissistic psychopath and his dodgy facist, Neo-nazi, christian fundamentalists would lead to this?
I have my tin foil hat on just in case! Anyone else want one?
Even worse for the US where their debt to GDP ratio is c124%! For comparison the UK is c95%. With the cost of debt and financing the US Gov I am not sure Trump can put off having to renegotiate the debt ceiling much beyond the Spring, probably June? This will get very sticky for him politically and economically. It may end up sooner if the confidence in the US economy and the $ continues to slide and US treasuries become even more difficult to sell. Hence the Tango Twat climb down about sacking Powell - he has been told in no uncertain terms he risks destabilizing the entire economy otherwise! The US is in a very shaky position and I honestly cant see the Orange turd, supported by his dumb as fucks brown shirts, changing his moronic, economically illiterate behavior!
Yeah, the change in the us treasuries now means their cost of servicing the national debt has increased by more than the amount of money DOGE has saved.
Saw that as well! All that DOGE has done is create chaos and mayhem, sacked loads of innocent hard working folk, destroyed public health and medical R&D, led to the deaths of starving and HIV+ folk across the world, destroyed the livelihood of many US farmers, tons of confidential data stolen and given to dodgy Big Tech and even Russians, etc etc ... and it has cost the US people more money to achieve all that! You honestly couldn't make up this complete and utter shitshow ... who would have thought that voting in a senile narcissistic psychopath and his dodgy facist, Neo-nazi, christian fundamentalists would lead to this?
I have my tin foil hat on just in case! Anyone else want one?
Re the tin foil hat stuff you keep pushing, I think you are missing the point, either deliberately or not.
Literally everyone agreed that this was going to get bat shit crazy, but the tin foil hat brigade were, and still are, pronouncing the end of the world, whereas some more level headed commentators were suggesting that checks, balances, norms and markets would get in the way. That's what's happening.
Biffer wrote: Wed Apr 23, 2025 8:35 am
Two year bond yield for US treasuries is now at the same level as the UK two year yield. Big indication of how fragile the markets view the US economy.
Even worse for the US where their debt to GDP ratio is c124%! For comparison the UK is c95%. With the cost of debt and financing the US Gov I am not sure Trump can put off having to renegotiate the debt ceiling much beyond the Spring, probably June? This will get very sticky for him politically and economically. It may end up sooner if the confidence in the US economy and the $ continues to slide and US treasuries become even more difficult to sell. Hence the Tango Twat climb down about sacking Powell - he has been told in no uncertain terms he risks destabilizing the entire economy otherwise! The US is in a very shaky position and I honestly cant see the Orange turd, supported by his dumb as fucks brown shirts, changing his moronic, economically illiterate behavior!
Yeah, the change in the us treasuries now means their cost of servicing the national debt has increased by more than the amount of money DOGE has saved.
More than they've claimed to have saved rather than actually saved even, and that before many of the cuts will merely balloon costs elsewhere in the system
Trump may actually want to look into the balance of payments deficit will look very similar to the US spending more than it earns, there's no need to blame forgein types, they either need to cut their cloth or accept a/some deficit. This seems unlikely as he reportedly cares not one bit for issues he thinks will arise after he's dead
Re: President Trump and US politics catchall
Posted: Wed Apr 23, 2025 11:13 am
by Sandstorm
Can't Donny fuck off and play golf, leaving the running of the country to people (not his cabinet) who actually know what they're doing? Or at least won't spout shit every time someone puts a microphone in front of a MAGA gob?
Re: President Trump and US politics catchall
Posted: Wed Apr 23, 2025 11:17 am
by tabascoboy
US sets tariffs of up to 3,521% on South East Asia solar panels
The US Commerce Department has announced plans to impose tariffs of up to 3,521% on imports of solar panels from four South East Asian countries.
It comes after an investigation that began a year ago when several major solar equipment producers asked the administration of then-President Joe Biden to protect their US operations.
Sandstorm wrote: Wed Apr 23, 2025 11:13 am
Can't Donny fuck off and play golf, leaving the running of the country to people (not his cabinet) who actually know what they're doing? Or at least won't spout shit every time someone puts a microphone in front of a MAGA gob?
If anyone in that administration had a shred of creativity they'd put the same fake office, rubber telephone and AI 'supplicating world leaders' bot on the other end of the line routine they did for his father when he got dementia.
"All fine sir, everyone's lining up to bend the knee and erect gold statues 2ft erect of your likeness in CAPITAL cities across the world. You're a winner! And so, so strong! Just sign here, please."
US sets tariffs of up to 3,521% on South East Asia solar panels
The US Commerce Department has announced plans to impose tariffs of up to 3,521% on imports of solar panels from four South East Asian countries.
It comes after an investigation that began a year ago when several major solar equipment producers asked the administration of then-President Joe Biden to protect their US operations.
Almost as if they want to cripple renewables for some reason...
Re: President Trump and US politics catchall
Posted: Thu Apr 24, 2025 7:12 am
by geordie_6
Not content with wrongly deporting her husband, Homeland Security have essentially doxxed Jennifer Vasquez Sura and made her feel so unsafe in her home that she has left for a "safe house".
Apropos of not much, the name Kevin Hassett was brought to my attention earlier, so I thought I'd look him up. From Wiki:
He co-authored Dow 36,000, published in 1999, which argued that the stock market was about to have a massive swing upward and would reach 36,000 by 2004. Shortly thereafter, the dot-com bubble burst, causing a massive decline in stock market prices. The Dow did not reach 36,000 until late 2021.
He returned to the White House in 2020 to work on the administration's response to the coronavirus pandemic. Hassett did not focus on public health policy, but rather influenced the administration's response from an economic angle amid lockdowns and social distancing. Hassett built a model that indicated that COVID-19 deaths would drop off to near zero by May 2020. Hassett's model contradicted assessments by public health experts, and was ridiculed by academics and commentators.
On November 26, 2024, president-elect Donald Trump announced Hassett will be his director of the National Economic Council.
Yeah, the change in the us treasuries now means their cost of servicing the national debt has increased by more than the amount of money DOGE has saved.
Saw that as well! All that DOGE has done is create chaos and mayhem, sacked loads of innocent hard working folk, destroyed public health and medical R&D, led to the deaths of starving and HIV+ folk across the world, destroyed the livelihood of many US farmers, tons of confidential data stolen and given to dodgy Big Tech and even Russians, etc etc ... and it has cost the US people more money to achieve all that! You honestly couldn't make up this complete and utter shitshow ... who would have thought that voting in a senile narcissistic psychopath and his dodgy facist, Neo-nazi, christian fundamentalists would lead to this?
I have my tin foil hat on just in case! Anyone else want one?
Re the tin foil hat stuff you keep pushing, I think you are missing the point, either deliberately or not.
Literally everyone agreed that this was going to get bat shit crazy, but the tin foil hat brigade were, and still are, pronouncing the end of the world, whereas some more level headed commentators were suggesting that checks, balances, norms and markets would get in the way. That's what's happening.
Saw that as well! All that DOGE has done is create chaos and mayhem, sacked loads of innocent hard working folk, destroyed public health and medical R&D, led to the deaths of starving and HIV+ folk across the world, destroyed the livelihood of many US farmers, tons of confidential data stolen and given to dodgy Big Tech and even Russians, etc etc ... and it has cost the US people more money to achieve all that! You honestly couldn't make up this complete and utter shitshow ... who would have thought that voting in a senile narcissistic psychopath and his dodgy facist, Neo-nazi, christian fundamentalists would lead to this?
I have my tin foil hat on just in case! Anyone else want one?
Re the tin foil hat stuff you keep pushing, I think you are missing the point, either deliberately or not.
Literally everyone agreed that this was going to get bat shit crazy, but the tin foil hat brigade were, and still are, pronouncing the end of the world, whereas some more level headed commentators were suggesting that checks, balances, norms and markets would get in the way. That's what's happening.
What hat size are you?
Enormous
Re: President Trump and US politics catchall
Posted: Thu Apr 24, 2025 12:07 pm
by Sandstorm
Oxbow wrote: Thu Apr 24, 2025 9:01 am
Apropos of not much, the name Kevin Hassett was brought to my attention earlier, so I thought I'd look him up. From Wiki:
He co-authored Dow 36,000, published in 1999, which argued that the stock market was about to have a massive swing upward and would reach 36,000 by 2004. Shortly thereafter, the dot-com bubble burst, causing a massive decline in stock market prices. The Dow did not reach 36,000 until late 2021.
He returned to the White House in 2020 to work on the administration's response to the coronavirus pandemic. Hassett did not focus on public health policy, but rather influenced the administration's response from an economic angle amid lockdowns and social distancing. Hassett built a model that indicated that COVID-19 deaths would drop off to near zero by May 2020. Hassett's model contradicted assessments by public health experts, and was ridiculed by academics and commentators.
On November 26, 2024, president-elect Donald Trump announced Hassett will be his director of the National Economic Council.
Only the best people.
Trump couldn't hit water if he fell out of a canoe.
Re: President Trump and US politics catchall
Posted: Thu Apr 24, 2025 2:31 pm
by Rhubarb & Custard
I'd pay good money to watch Trump trying to get into and back out of a canoe. In advance I don't see how that's not entertaining
Re: President Trump and US politics catchall
Posted: Thu Apr 24, 2025 3:28 pm
by fishfoodie
Rhubarb & Custard wrote: Thu Apr 24, 2025 2:31 pm
I'd pay good money to watch Trump trying to get into and back out of a canoe. In advance I don't see how that's not entertaining
Especially when he has an oft repeated terror of sharks !!
Fat man, small canoe, & some hungry sharks; I see the plan for the next Shark Week !
Re: President Trump and US politics catchall
Posted: Thu Apr 24, 2025 4:02 pm
by Uncle fester
Oxbow wrote: Thu Apr 24, 2025 9:01 am
Apropos of not much, the name Kevin Hassett was brought to my attention earlier, so I thought I'd look him up. From Wiki:
He co-authored Dow 36,000, published in 1999, which argued that the stock market was about to have a massive swing upward and would reach 36,000 by 2004. Shortly thereafter, the dot-com bubble burst, causing a massive decline in stock market prices. The Dow did not reach 36,000 until late 2021.
He returned to the White House in 2020 to work on the administration's response to the coronavirus pandemic. Hassett did not focus on public health policy, but rather influenced the administration's response from an economic angle amid lockdowns and social distancing. Hassett built a model that indicated that COVID-19 deaths would drop off to near zero by May 2020. Hassett's model contradicted assessments by public health experts, and was ridiculed by academics and commentators.
On November 26, 2024, president-elect Donald Trump announced Hassett will be his director of the National Economic Council.
Only the best people.
As Slick says, the checks and balances are working.
Re: President Trump and US politics catchall
Posted: Thu Apr 24, 2025 4:33 pm
by fishfoodie
Larry David skewers the gutless, pathetic, sniveling, obsequious, whitewashing by many in the MSM with his parody of Bill Maher.
Interesting back to back posts there. David having a pop at Maher for opening a dialogue, or even being willing to try, and then Klepper who'll very much be about opening a dialogue. Which I suppose speaks to the idea nobody has any idea what to do about a feckless, corrupt, racist, rapist, retard in the event they end up president
Re: President Trump and US politics catchall
Posted: Fri Apr 25, 2025 8:53 am
by Flockwitt
And, yes, it is true. Trump 2028 hats are now officially on sale:
Seems superfluous given he'll be King of the Nazi World or something by then.
Do they do one in tin foil?
Sorry. The price of aluminium these days with the tariffs...
Re: President Trump and US politics catchall
Posted: Fri Apr 25, 2025 10:41 am
by Yeeb
Oxbow wrote: Thu Apr 24, 2025 9:01 am
Apropos of not much, the name Kevin Hassett was brought to my attention earlier, so I thought I'd look him up. From Wiki:
He co-authored Dow 36,000, published in 1999, which argued that the stock market was about to have a massive swing upward and would reach 36,000 by 2004. Shortly thereafter, the dot-com bubble burst, causing a massive decline in stock market prices. The Dow did not reach 36,000 until late 2021.
He returned to the White House in 2020 to work on the administration's response to the coronavirus pandemic. Hassett did not focus on public health policy, but rather influenced the administration's response from an economic angle amid lockdowns and social distancing. Hassett built a model that indicated that COVID-19 deaths would drop off to near zero by May 2020. Hassett's model contradicted assessments by public health experts, and was ridiculed by academics and commentators.
On November 26, 2024, president-elect Donald Trump announced Hassett will be his director of the National Economic Council.
Only the best people.
Plenty of people got it wrong on Covid , but coupled with the 36000 thing this guy does seem particularly wrong & inept , so makes sense Trump promoted him .
I too famously misjudged Covid , I thought it would be like another bird flu damp squib … not one of my most accurate predictions there tbh
Re: President Trump and US politics catchall
Posted: Fri Apr 25, 2025 11:09 am
by Sandstorm
Flockwitt wrote: Fri Apr 25, 2025 8:53 am
And, yes, it is true. Trump 2028 hats are now officially on sale:
Milwaukee County Circuit Judge Hannah Dugan was arrested April 25 by federal authorities who are investigating whether she tried to help an undocumented immigrant avoid arrest after he appeared in her courtroom last week, officials confirmed.
Milwaukee County Circuit Judge Hannah Dugan was arrested April 25 by federal authorities who are investigating whether she tried to help an undocumented immigrant avoid arrest after he appeared in her courtroom last week, officials confirmed.
Similar with a former new Mexico judge. Apparently rented to one of the guys deported to El Salvador.
This is literally unbelievable. Only about 1/3rd of the way through, but utterly insane
Quite enjoying. It to be honest, just feels as if it’s written by the greatest satirist ever. Biggly
Could barely read that far. Because the interviewer has some quite piercing questions Orange Fuckwit gives a complete diametric opposite answer to, and he doesn't follow a single one up.
Just because he gives moronic, unrelated identical answers you don't give the twat a pass. Repeat with specifics and call out the chaff.
This is literally unbelievable. Only about 1/3rd of the way through, but utterly insane
Quite enjoying. It to be honest, just feels as if it’s written by the greatest satirist ever. Biggly
Could barely read that far. Because the interviewer has some quite piercing questions Orange Fuckwit gives a complete diametric opposite answer to, and he doesn't follow a single one up.
Just because he gives moronic, unrelated identical answers you don't give the twat a pass. Repeat with specifics and call out the chaff.
I dunno, it’s a piece for moderately intelligent people so maybe better to watch him hang himself over and over
Trump couldn't hit water if he fell out of a canoe.
