Will at least 2 SCOTUS Republicans do their job for once or will they allow our ailing and feebleminded Supreme Leader to crash the economy into the side of a mountain? Tune in on the Gorilla Channel.
Will at least 2 SCOTUS Republicans do their job for once or will they allow our ailing and feebleminded Supreme Leader to crash the economy into the side of a mountain? Tune in on the Gorilla Channel.
While they live in bubbles, I assume even they have 401(k) statements, so that, alone, may save us.
Roberts on the phone with Trump: "what are you DOING, we TOLD you to leave the money alone!" Trump: "man woman camera covfefe the very best people are many saying tears in their eyes aren't we folks?" Roberts: "I hadn't considered that but my point stands!"
Roberts really is one short sighted dude
he's a shakey guy, period.
A lot of these people are a lot stupider than we give them credit for
lowercase supreme court
Here's the thing tho: they won't, and it won't crash the economy because Wall Street will act like it's no big deal and they move on. This idea that the markets will react is so evidence-resistant... Let's get real
Markets are evidence-resistant right up until the point they suddenly move all at once, and destroying the Federal Reserve is a cataclysmic event.
Slower than you can believe, and then faster than you can believe
You guys are severely underpricing elites just riding it out because they like this guy being the boss and they want to go back to harassing their secretary more than anything
There aren't any fundamentals rn. The market is just dca & vibes. Crypto, ai, deep fakes, bots. This thing can run on inertia for a long time before the panic sets in.
You can’t ride out the intentional devaluation of the dollar, which is something some of Trump’s economic advisers specifically want to do.
Again, cmon, we haven't found the upper bound on the price elites are willing to pay to kill woke. You guys are way too confident you can price it right when nobody has been able to
Elites value being able to retire, having savings that aren't worthless, and not being associated with a guy who will be pushing for a 20% or below approval rating if he detonates the bond markets.
Again, based on this model many things that are already happening wouldn't be happening. We can't seriously keep telling ourselves "well, now _this time_ he fucked around too much with the money"
I mean when the dollar initially plunged after Liberation Day, Trump notably did pause or back down from some of the worst tariffs. TACO became a thing for a reason.
And then what happened after that? What tariffs do we have now?
We backed down from almost all tariffs with Canada and Mexico, our two biggest trading partners!
Do you not remember liberation day?
And then what happened after that? We're now with tariffs that would have been unthinkable before Jan 21st!
That large bite shows that things actually matter. I don’t know how else to explain it to you. But for liberation day, the s&p would be much higher than it is. As you can see.
This actually shows how this could play out: The same way we’re frog-boiled with higher and higher tariffs, this guy is gonna keep slowly pushing the envelope with fucking around with the fed, and people are going to keep talking themselves into going along. But anyway, we’re an impasse here.
But it takes time for that to happens and until the moment where they physically feel the pain of their decision they’ll ride the Trump wave even if that wave doesn’t bring them to shore.
They see any meaningless victory as proof of Trump genius and self evident plan and any set back as proof he must be set completely free of any reins.
There’s a difference between the stock market and bond and currency markets. The stock markets are on some kind of sugar high. Bond investors and other real investors are moving money out of the country.
This is rhetorical, right?
At least two might legit be scared of fucking with the bond markets, so it could go either way.
The more interesting question is, after repeated admonishments from SCOTUS that judges must read the justices' minds, how will lower court judges react? Also, how much damage can be done in the meantime?
Confession as much as a ruling. Our judicial philosophy is indefensible, here’s how overcome a glaring deficiency of our own making.