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Good2cYou's avatar

With all our financial difficulties, we’re still the cleanest dirty shirt in the laundry. Alex Krainer has a financial thesis that the UK is on the verge of bankruptcy and social collapse and the rest of Europe isn’t far behind. Chinese bond yield are cratering suggesting they’re in a deflationary debt spiral and with US equity markets wildly inflated, the fed has a lot of tools to create the demand needed to absorb our debt in the short run. Hopefully giving Trump enough time to starting righting our fiscal ship.

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NedZeppelin's avatar

Tom Luongo’s Theory of Everything posits that the normalization of interest rates by Powell was and is a dagger to the heart of the offshore Eurodollar trade which has funded EU madness and the doors over there are closing fast.

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AmericanCardigan's avatar

"Yellen’s only real issue was acting in the short-term interests of her boss and her party as opposed to thinking longer-term about how the government finances itself on a sustainable basis."

This is the true reflection of the entire Zhou administration. you could substitute the word "finances" for others like energy, housing, land management, healthcare, immigration etc...

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D F Barr's avatar

By summer the emotional stories and MSM narrative will be relentless in blaming Trump for the economic downturn. Non stop stories of woe will become the norm. Trump’s people better be prepared to weather the onslaught.

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Ray-SoCa's avatar

Trump is inheriting a huge amount of problems either caused by venality, incompetence, or deliberate destruction.

These have been building for years. From immigration, dei, destruction of military, out of control regulatory, education, economy, reserve currency, imports, fbi, surveillance state, destruction of middle class, destruction of small businesses, environmental extremism, dysfunctional and corrupt Congress, bad scotus decisions, big Pharma, big food, vaccines, big business, unhealthy Americans, drug epidemic, unfair trade, lawfare, rigged elections, etc.

I’m hopeful Trump will make significant improvements, but I recognize the huge challenges he has.

A huge mistake was strategically made by stealing , excuse me fortifying, the 2020 election from Trump. He would have had a mediocre 2nd term with Mike Pence backstabbing him.

Now, 3rd time around, Trump has been tempered by lawfare and 2 assassinations, a stolen election, and is now more aware of the depth and strength of his opposition. First term he was so naive. He is now battle hardened and he has some potential change agents in his cabinet picks. And musk’s and v’s doge is potentially a game changer. Plus the legacy media has largely discredited itself along with the credentialed class. And Twitter and substack are the new, mostly uncensored, townhall.

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Bob C.'s avatar

It would be good to see Trump do a "fireside chat" of sorts within the 1st few days of his taking office. Through this he could outline all of the ways the "Biden" administration has booby trapped our government and economy and where we are headed as a result. He could also outline what measures his administration plans to take to attempt to mitigate the disasters on the horizon. Without opening up and being honest with the American people, he will definitely be blamed for everything that occurs during his administration. Even if the wheels were set in motion well before he takes office again.

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Ray-SoCa's avatar

100% agree

Perhaps another Joe Rogan appearance.

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Bob C.'s avatar

That's a great idea!

A more modern day fireside chat. It would have the added benefit of opening the discussion up to a much younger audience who would probably skip any sort of legacy media address. I think it's important to continue to make the effort to win over the younger people in this country. After the last of this batch of geriatric clingers currently in government finally fade away, they will be in charge.

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Jeff Cook-Coyle's avatar

The new head of OMB is battle hardened and a true patriot. I highly recommend his interview with Ticker Carlson. Russ Vought.

https://open.spotify.com/episode/0NJt9C1JY2oPmKxdvf4HJj?si=nCfzmmIsQROAQ5sGxeLeWg

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