How did this person manage to get it so completely and catastrophically wrong? Was it shear retardation or something else?
How did this person manage to get it so completely and catastrophically wrong...
Well, what is the right take then?
We do a little trolling.
since there is no specified time horizon in the post in your image, it impossible to conclude they were "wrong". i'm not defending that poster. i don't care about their claim. but your reading comprehension is worse than a black person's.
Trump thinks factories are going to come back to the United States.
Trump inspires the most retarded cope
There should have been a flight to treasuries by now. There hasn't been.
The complete opposite of what they predicted is happening. Interest rates are rising, inflationary spiral.
Picrel is the strategy.
I never listen to people who think the national debt is a problem. Right away it tells you they don't understand the monetary system.
Why did people believe this was gospel? It never made sense. Trump has always talked about stonks must never drop
You have to do debt forgiveness (public and private). Obviously (((drumpf))) isn't going to do that
What about all these republicans trying to slash the budget then, trying to contain the debt?
It's been 0 day so I give it another 6 months before drawing any conclusions.
You're literally retarded
Why did people believe this was gospel?
Because they're retards who deserve to go back.
No one with an iota of cognitive function believed this random poster knew what Trump was planning.
Right this moment they are voting in a bill to grant tax cuts while raising the debt limit
The Treasury rates dropped an entire more than 30% until they dramatically started to rise. This is called economic warfare, the initial drop was the true economies reaction, the artificially rise is the economic warfare (Namely China and Canada selling their treasuries before they mature) however they can't keep that up for months or really even weeks, the treasuries will drop like a rock just like they did on Day 1 of the Tariffs.
All you motherfuckers gave us a bad name, and now again you walk our footsteps, we saw the future and you called it madness. We saw Development and you called it DEBT, what happens now?
what happens now?
Hit up Germany for reparations
it's real kek
Isn't it because China is selling treasuries?
That was actually Elon
lmao
It's funny you can have chatgpt try to rationalize every retarded thing orange man does and retards here will lap it up every time.
Because they are a ball huffing bootlicking cultist retarded faggot
Financialization of the economy ran its course. America’s greatest asset is that it has and continues to attract the most creative, intelligent, and industrious people in the world. What matters now is technological dominance. Instead of selling debt, we threaten other countries with exclusion from our network. China was attempting to create an alternative network, and Trump is finally putting a stop to it. In order to do that they’ll have to sacrifice the dollar, but that’s okay because the us government is the largest holder of gold and crypto, and now all those big-brained finance dudes can go back to designing high-tech infrastructure rather than trying to make numbers go up.
Treasury can just buy them back. The global financial system is so comically silly when you think about it
America’s greatest asset is that it has and continues to attract the most creative, intelligent, and industrious people in the world.
lol bruh
this place is fucking retarded
deflationary spiral is the master plan
wrong and anyone who believes it is insane
if a president seriously has a plan for deflation then middle-class people are going to be recycling aluminum cans and washing paper plates and watering wine and shit
That causes inflation which is the exact opposite of what Trump wants which is why he is letting the Treasuries artificially rise because he knows China can only keep doing that for so long.
this place is fucking retarded
Yeah and this is bad
Hindus look like a more attractive than white people to a lot of companies. Part of it is because they're cheaper though. Companies only really care about the bottom line now and that philosophy has gotten us into this mess.
we invented a new way for you to take on debt without checking for any credit score lol it's called buy now pay later hahhaaha
China can sell off all their treasuries. What do they need them for? It's a promise to be paid back in a worthless currency made by your enemy and backed by nothing
Xi can only stay in power for as long as he keeps his insects employed. He is devaluing his currency and selling treasuries so that he can keep them employed.
This will only last so long, likely less than a month of this before China collapses under its own weight like a bloated diabeetus patient
It's Q level stuff. They morphed into sign tappers.
glownigger
Glownigger
You're literally retarded
people a shilling them right now
Interesting.
What's wrong about it? Just because you say it's " wrong " doesn't make it so.
You fail to realize how absolutely cucked buck broken, and weak minded the average trump fan is. They don't care about politics they just wanted their own version of of "real housewives" they can clap to.
didn't watch
Enjoy being gaslit into thinking you need to pay it off.
You're literally retarded