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.
You mean the same guy who couldn’t run a casino… or a university… a vodka company… a steak company… or an airline… or pay his contractors… and owes money to multiple cities for his campaigns?
The guy who looked directly at the sun during an eclipse with no eye protection… and suggested that we could cure Covid by injecting sunlight or bleach into our bodies? The guy who skipped out on his four seasons speech because it was booked at the four seasons garden center?
The same guy who said that he made over 200 tariff deals and couldn’t name more than a dozen countries who actually struck a deal?
Mr. “I’ll end the Ukraine war within 24 hours”. The same guy who threw a temper tantrum when he didn’t win the Nobel peace prize… who changed the Department of Defense to the Department of War, then attacked Venezuela, Iran, and threatened Greenland, Mexico, and Canada?
The guy who was convicted of 34 felony criminal charges for falsifying business records in the first degree related to payments made to Stormy Daniels before the 2016 presidential election?
The guy who instigated the January 6th insurrection, resulting in four deaths that day, plus several responding officers who committed suicide in the following months. Roughly 140 police officers were injured. Damage to the Capitol and subsequent security upgrades cost tens of millions of dollars.
What's crazy is THIS list barely scratches the SURFACE of his incompetence, corruption, greed and reasons why he is unfit to hold the office of the President of the US.
The iceberg which is Donald Trump's closet of shame makes the iceberg that took out the Titanic look like a snowflake.
And 70 million MAGATS decided that HE was their guy.
/r/Keep_Track was originally started during Trump's first presidency to keep tallies on all the insane shit he was doing/saying. It has since transitioned into more all encompassing for ALL US Politics, but the fact that an entire subreddit (that is very active) is needed just to keep track of the insanity of what's going on is telling.
Like I said, the iceberg which is Trump is ENORMOUS.
Unfortunately, we all know or sad to say are related to people that voted for him to which even if you add 1000 more things to that list… It won’t matter. They will call it fake news, show in Epstein video of him molesting a five-year-old girl they will say it’s AI generated, they will say what about Biden or Obama or George Soros… For some people, you just cannot penetrate that force field
If he says he’s their pdaddy… He is their daddy. No genealogy blood test will convince them otherwise.
I agree but, the Repugnant-can Party has NO interest in funding TSA or even have a “Concept of a Plan” for healthcare. It would seem the Repugnant-can Party only is interested in funding ICE (Trumps private army) and the Department of War . . . Because ! ! !
Unfortunately, that is most definitely true for now. But if for no other reason but self preservation, they’re gonna have to give a shit about that other stuff. In Florida, where I live, where Democrats don’t even compete or spend any money, Trump‘s own house district went to the Democrat. It was a 12 point swing!
As he's looking for an off ramp, if he is, what concerns me is the public goading by Saudi Arabia yesterday to press the war even harder, to finish the job (however you define that).
They own Trump and his Son-in-Law, their allegiance isn't to the US, it's to their benefactors.
He bit like the greedy simp that he is to start this proxy war on behalf of the Saudis and Israel when they demanded.
Let's see how long it takes him to cave and double down.
Trump is so far in over his head, his Mother was correct, don't ever let him get into politics.
That is what concerns me the most - he is physically sick, absolutely bat shit crazy, has no concept of the implications of his actions, absolutely unaware of the real chaos going on because nobody tells him the truth, and he has the codes.
I wonder if the Saudis, Israelis and the rest of the Middle East understand this particular scenario.
the irony that is missed in articles like this is that there is a predominate theme in American economics that privatization is far superior to government spending, because government spending is bad for the economy...
and yet paradoxically, it is widely accepted that war (entirely government funded) is somehow profitable for the nation. warhawks will tell you this is a good thing while watching the stock market rally just at the mention of peace talks!
"In the early twentieth century, the vision of a future society unbelievably rich, leisured, orderly, and efficient a glittering antiseptic world of glass and steel and snow−white concrete was part of the consciousness of nearly every literate person. Science and technology were developing at a prodigious speed, and it seemed natural to assume that they would go on developing. This failed to happen, partly because of the impoverishment caused by a long series of wars and revolutions, partly because scientific and technical progress depended on the empirical habit of thought, which could not survive in a strictly regimented society.
Even when weapons of war are not actually destroyed, their manufacture is still a convenient way of expending labour power without producing anything that can be consumed. A Floating Fortress, for example, has locked up in it the labour that would build several hundred cargo−ships. Ultimately it is scrapped as obsolete, never having brought any material benefit to anybody, and with further enormous labours another Floating Fortress is built. In principle the war effort is always so planned as to eat up any surplus that might exist after meeting the bare needs of the population. In practice the needs of the population are always underestimated, with the result that there is a chronic shortage of half the necessities of life; but this is looked on as an advantage. It is deliberate policy to keep even the favoured groups somewhere near the brink of hardship, because a general state of scarcity increases the importance of small privileges and thus magnifies the distinction between one group and another. By the standards of the early twentieth century, even a member of the Inner Party lives an austere, laborious kind of life. Nevertheless, the few luxuries that he does enjoy his large, well−appointed flat, the better texture of his clothes, the better quality of his food and drink and tobacco, his two or three servants, his private motor−car or helicopter set him in a different world from a member of the Outer Party, and the members of the Outer Party have a similar advantage in comparison with the submerged masses whom we call 'the proles'. The social atmosphere is that of a besieged city, where the possession of a lump of horseflesh makes the difference between wealth and poverty. And at the same time the consciousness of being at war, and therefore in danger, makes the handing−over of all power to a small caste seem the natural, unavoidable condition of survival.
War, it will be seen, accomplishes the necessary destruction, but accomplishes it in a psychologically acceptable way. In principle it would be quite simple to waste the surplus labour of the world by building temples and pyramids, by digging holes and filling them up again, or even by producing vast quantities of goods and then setting fire to them. But this would provide only the economic and not the emotional basis for a hierarchical society. What is concerned here is not the morale of masses, whose attitude is unimportant so long as they are kept steadily at work, but the morale of the Party itself. Even the humblest Party member is expected to be competent, industrious, and even intelligent within narrow limits, but it is also necessary that he should be a credulous and ignorant fanatic whose prevailing moods are fear, hatred, adulation, and orgiastic triumph. In other words it is necessary that he should have the mentality appropriate to a state of war. It does not matter whether the war is actually happening, and, since no decisive victory is possible, it does not matter whether the war is going well or badly. All that is needed is that a state of war should exist."
@title, it';s much needed recession. We can't complain about prices and everything being unaffordable and also want growth and expansion. You don't get those things.
Prices don't pull back unless there is a drop in demand and/or money supply. These are 101 level principles.
The markets have shown they will bear higher prices, so businesses keep those higher prices. Businesses are very reluctant to ever lower prices because it rarely equates to higher corporate profits, and in the rare situations where it does it would be very slight decreases.
OffSidesByALot | 6 hours ago
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.
Xeynon | 6 hours ago
Serial casino bankruptor at work. A true masterclass of financial incompetence.
Denver-Ski | 5 hours ago
You mean the same guy who couldn’t run a casino… or a university… a vodka company… a steak company… or an airline… or pay his contractors… and owes money to multiple cities for his campaigns?
The guy who looked directly at the sun during an eclipse with no eye protection… and suggested that we could cure Covid by injecting sunlight or bleach into our bodies? The guy who skipped out on his four seasons speech because it was booked at the four seasons garden center?
The same guy who said that he made over 200 tariff deals and couldn’t name more than a dozen countries who actually struck a deal?
Mr. “I’ll end the Ukraine war within 24 hours”. The same guy who threw a temper tantrum when he didn’t win the Nobel peace prize… who changed the Department of Defense to the Department of War, then attacked Venezuela, Iran, and threatened Greenland, Mexico, and Canada?
The guy who was convicted of 34 felony criminal charges for falsifying business records in the first degree related to payments made to Stormy Daniels before the 2016 presidential election?
The guy who instigated the January 6th insurrection, resulting in four deaths that day, plus several responding officers who committed suicide in the following months. Roughly 140 police officers were injured. Damage to the Capitol and subsequent security upgrades cost tens of millions of dollars.
Jack Smith’s testimony on the January 6th insurrection.
John Oliver on Trump’s Epstein connections
The guy who has allegedly raped children on Epstein island and continues to support protecting pedophiles.
Every Illegal Act Trump Committed in 2025
That guy?
DuncanConnell | 5 hours ago
The elected President of the United States, yep
Ecomonist | 3 hours ago
The 'Elon' elected president, yes.... we just got a wait til the dust settles and I guarantee that little fact will come to light.
a_library_socialist | 3 hours ago
Why didn't you storm the Capitol?
Ecomonist | 3 hours ago
Cause nobody sent a bus to pick my poor ass up and drive me to D.C. You think 2700-miles is just a stroll. Fuck.
Csquared6 | an hour ago
What's crazy is THIS list barely scratches the SURFACE of his incompetence, corruption, greed and reasons why he is unfit to hold the office of the President of the US.
The iceberg which is Donald Trump's closet of shame makes the iceberg that took out the Titanic look like a snowflake.
And 70 million MAGATS decided that HE was their guy.
Denver-Ski | an hour ago
Feel free to elaborate. I’m always adding to the list of fails.
Csquared6 | 57 minutes ago
/r/Keep_Track was originally started during Trump's first presidency to keep tallies on all the insane shit he was doing/saying. It has since transitioned into more all encompassing for ALL US Politics, but the fact that an entire subreddit (that is very active) is needed just to keep track of the insanity of what's going on is telling.
Like I said, the iceberg which is Trump is ENORMOUS.
OffSidesByALot | 55 minutes ago
Unfortunately, we all know or sad to say are related to people that voted for him to which even if you add 1000 more things to that list… It won’t matter. They will call it fake news, show in Epstein video of him molesting a five-year-old girl they will say it’s AI generated, they will say what about Biden or Obama or George Soros… For some people, you just cannot penetrate that force field If he says he’s their pdaddy… He is their daddy. No genealogy blood test will convince them otherwise.
fuzzygoosejuice | 4 hours ago
Don’t forget that he caused the collapse of an entire professional American football league.
wyocrz | 56 minutes ago
>Serial casino bankruptor at work.
You know, had we never shut up about that, we could have stopped him in 2016.
His opposition threw the kitchen sink at him. I got buried in downvotes for saying that back then.
Just stick with gambling. Religious leaders and hardcore probability theorists agree: gambling is bad.
David_ungerer | 4 hours ago
I agree but, the Repugnant-can Party has NO interest in funding TSA or even have a “Concept of a Plan” for healthcare. It would seem the Repugnant-can Party only is interested in funding ICE (Trumps private army) and the Department of War . . . Because ! ! !
OffSidesByALot | 3 hours ago
Unfortunately, that is most definitely true for now. But if for no other reason but self preservation, they’re gonna have to give a shit about that other stuff. In Florida, where I live, where Democrats don’t even compete or spend any money, Trump‘s own house district went to the Democrat. It was a 12 point swing!
Theo1352 | 5 hours ago
As he's looking for an off ramp, if he is, what concerns me is the public goading by Saudi Arabia yesterday to press the war even harder, to finish the job (however you define that).
They own Trump and his Son-in-Law, their allegiance isn't to the US, it's to their benefactors.
He bit like the greedy simp that he is to start this proxy war on behalf of the Saudis and Israel when they demanded.
Let's see how long it takes him to cave and double down.
Trump is so far in over his head, his Mother was correct, don't ever let him get into politics.
So_HauserAspen | 5 hours ago
Traitors
Theo1352 | 5 hours ago
Best characterization, absolutely.
Spam_Hand | 4 hours ago
>press the war even harder, to finish the job (however you define that).
Unfortunately, the way trump operates lends itself to this being the literal nuclear option...
He will never admit defeat or a bad decision - he (in his own broken brain) can only continuously escalate until Iran can no longer fight back.
Theo1352 | 4 hours ago
That is what concerns me the most - he is physically sick, absolutely bat shit crazy, has no concept of the implications of his actions, absolutely unaware of the real chaos going on because nobody tells him the truth, and he has the codes.
I wonder if the Saudis, Israelis and the rest of the Middle East understand this particular scenario.
dodohead974 | 3 hours ago
the irony that is missed in articles like this is that there is a predominate theme in American economics that privatization is far superior to government spending, because government spending is bad for the economy...
and yet paradoxically, it is widely accepted that war (entirely government funded) is somehow profitable for the nation. warhawks will tell you this is a good thing while watching the stock market rally just at the mention of peace talks!
make it make sense
a_library_socialist | 3 hours ago
> make it make sense
"In the early twentieth century, the vision of a future society unbelievably rich, leisured, orderly, and efficient a glittering antiseptic world of glass and steel and snow−white concrete was part of the consciousness of nearly every literate person. Science and technology were developing at a prodigious speed, and it seemed natural to assume that they would go on developing. This failed to happen, partly because of the impoverishment caused by a long series of wars and revolutions, partly because scientific and technical progress depended on the empirical habit of thought, which could not survive in a strictly regimented society.
Even when weapons of war are not actually destroyed, their manufacture is still a convenient way of expending labour power without producing anything that can be consumed. A Floating Fortress, for example, has locked up in it the labour that would build several hundred cargo−ships. Ultimately it is scrapped as obsolete, never having brought any material benefit to anybody, and with further enormous labours another Floating Fortress is built. In principle the war effort is always so planned as to eat up any surplus that might exist after meeting the bare needs of the population. In practice the needs of the population are always underestimated, with the result that there is a chronic shortage of half the necessities of life; but this is looked on as an advantage. It is deliberate policy to keep even the favoured groups somewhere near the brink of hardship, because a general state of scarcity increases the importance of small privileges and thus magnifies the distinction between one group and another. By the standards of the early twentieth century, even a member of the Inner Party lives an austere, laborious kind of life. Nevertheless, the few luxuries that he does enjoy his large, well−appointed flat, the better texture of his clothes, the better quality of his food and drink and tobacco, his two or three servants, his private motor−car or helicopter set him in a different world from a member of the Outer Party, and the members of the Outer Party have a similar advantage in comparison with the submerged masses whom we call 'the proles'. The social atmosphere is that of a besieged city, where the possession of a lump of horseflesh makes the difference between wealth and poverty. And at the same time the consciousness of being at war, and therefore in danger, makes the handing−over of all power to a small caste seem the natural, unavoidable condition of survival.
War, it will be seen, accomplishes the necessary destruction, but accomplishes it in a psychologically acceptable way. In principle it would be quite simple to waste the surplus labour of the world by building temples and pyramids, by digging holes and filling them up again, or even by producing vast quantities of goods and then setting fire to them. But this would provide only the economic and not the emotional basis for a hierarchical society. What is concerned here is not the morale of masses, whose attitude is unimportant so long as they are kept steadily at work, but the morale of the Party itself. Even the humblest Party member is expected to be competent, industrious, and even intelligent within narrow limits, but it is also necessary that he should be a credulous and ignorant fanatic whose prevailing moods are fear, hatred, adulation, and orgiastic triumph. In other words it is necessary that he should have the mentality appropriate to a state of war. It does not matter whether the war is actually happening, and, since no decisive victory is possible, it does not matter whether the war is going well or badly. All that is needed is that a state of war should exist."
dodohead974 | an hour ago
1984... user name checks out. thank you my friend, i needed this today.
RowanTheKiwi | 7 minutes ago
Global Recession. Global.
(And on a next level to the country that started it - we’re staring down the barrel of fuel shortages unless this is stopped)
Sort it out please, because we sure as shit can’t.
The Rest of the World.
Lightening84 | 2 hours ago
@title, it';s much needed recession. We can't complain about prices and everything being unaffordable and also want growth and expansion. You don't get those things.
Prices don't pull back unless there is a drop in demand and/or money supply. These are 101 level principles.
Akermaniac | 41 minutes ago
Prices almost never drop, even in a recession.
The markets have shown they will bear higher prices, so businesses keep those higher prices. Businesses are very reluctant to ever lower prices because it rarely equates to higher corporate profits, and in the rare situations where it does it would be very slight decreases.