[–] 2impendingdoom ago
it will of course, but everybody knows that's shit. when the markets crash Trump better be ready to start handing out a lot of $300 checks and tell the TARPers to fuck themselves.
[–] 2impendingdoom ago
as much a dog as anyone. I want to see us all in a less corrupt society. I think that the pensions, 401s and ss that people are, and are going to be relying on will be stolen from them in some manner otherwise, and that is very worrisome. markets run by crooks are not sustainable in any form.
[–] WhyNoDonuts ago
I have this entirely unsupported idea that it was engineered to crash under hills (so she could either spectacularly save it or usher in the amero),, and trump ruined their plan. All oof the dem supporting industrialists woould have been bailed out - but trump promised to NOT bail anyone out so that plan is dead. Now the stock market is held up because there is noo exit strategy to seperate idiots from their money yet.
[–] bopper [S] 0 points 1 point 1 point (+1|-0) ago (edited ago)
Fascinating, and quite plausible. More likely she would have ushered in the Amero. We dodged a bullet in that regard.
Exactly right, no exit strategy now, he who rides a tiger cannot easily dismount. I have no clue how things will pan out. We all know the money is worthless and asset prices are inflated.
Everyone knows the price of everything but nobody knows the (real) value of anything. Can't raise interest rates but need to, if they're raised at all it's a disaster. Americans have been living on cheap money that other nations are forced to use by threat of war, meanwhile we ourselves have quit producing.
[–] WhyNoDonuts ago
It's hard to tell from our position (not high finance) but a big threat is appearing when china doesn't want any more of our debt. They are big enough to finance themselves,, and have made Oil and metal deals with other countries while avoiding using us dollars. That signals knowledge or fear of the dollar losing value. Everything needs a catalyst,, some event to blame. For instance, my commercial insurance went up because 911, and I have noothing to doo with any oof the companies involved,, nor am I in a big city. But you pay the new price "cuz terrists".