Coffee Talk: I Should Have Had a V-8

[mattola]

The Qatari jet is bad enough, this is worse...

Trump does not care about being caught lying. He cares that his cult will see him stand up for white people that have never been wronged and that gives them power to be more racist.

 

[forty_three]

Trump does not care about being caught lying. He cares that his cult will see him stand up for white people that have never been wronged and that gives them power to be more racist.

Even ones that don't exist.

 

[Caliskinsfan]

 

[puckhead]

Means that the financial world no longer considers the USA the safest haven for money.
So if countries, corporations, funds etc. want to invest their money the safest fixed income, they will now look to:
Australia, Canada, Denmark, Germany, Liechtenstein, Luxembourg, Netherlands, Norway, Singapore, Sweden and Switzerland first.

so yes, that flow of capital to other countries should have a negative effect on the $US dollar.
Existing bonds US price have fallen, and newer bonds will have to pay a higher interest to compete for that international capital.

So all of that debt the US is issuing will be more expensive than the above countries, and than it historically was.
That higher interest expense directly eats into the US budget.

in other words, trump has managed to bankrupt multiple casinos, and is now working his magic on the economy.
and yes, the fucking idiots that follow him think this is winning.

This is the part where foreign buyers do not want to buy US$ debt, and will require a higher interest rate to take it. (i.e. Higher debt expense for the government)

Context, the cost of debt otherwise has been falling in the developed world all year.

 

[dash]

A question for @puckhead - Would the Fed lowering interest rates in the States help alleviate this situation?

 

[mattola]

Wasn't this back when trump owned this contest? That's probably when he realized how stupid some people could be.. isn't she in his cabinet?

 

[forty_three]

Wasn't this back when trump owned this contest? That's probably when he realized how stupid some people could be.. isn't she in his cabinet?

Are you sure that's not the press secretary lady?

 

[mattola]

Are you sure that's not the press secretary lady?

Holy fuck

 

[sbb122]

Wasn't this back when trump owned this contest? That's probably when he realized how stupid some people could be.. isn't she in his cabinet?

This will never not be absolutely fucking hilarious.


AC Slater wanted to laugh in her face

 

[thedddd]

Holy fuck

View attachment 398121

Even worse the likes of JD Vance used her old videos to mock Harris. And sadly she probably still voted for him.

 

[thedddd]

This will never not be absolutely fucking hilarious.


AC Slater wanted to laugh in her face

Or he is smirking knowing it won't take much to convince her to sleep with him.

 

[jstewismybastardson]

AC Slater wanted to laugh in her face

 

[jstewismybastardson]

Or he is smirking knowing it won't take much to convince her to sleep with him.

 

[puckhead]

A question for @puckhead - Would the Fed lowering interest rates in the States help alleviate this situation?

Short answer is no.

Long term bonds are market driven, so in auctions like these people either want to buy at 4.98%, or stay away until the reward is higher.

Lowering variable interests rates are supposed to incentivize businesses to spend money for growth.
Of course, with flip flopping tarrifs, businesses are extremely hesitant to put any long term plans in place.

 

[buffhockey]

It would be a shame for the “worthless” federal employee community to get reservations for the June 14th parade in DC, and the to not be able to make it into DC that Saturday.

Only 2 tickets per phone number!

250th Anniversary of the U.S. Army Grand Military Parade and Celebration