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  • Trump will go down in history as causing the most damage to the US, economically, politically, in terms of foreign standing, and possibly even militarily, of any president. Nixon is starting to look like a saint.
    by insane_dreamer
  • The bottom line is that the country cannot spend more than it makes in tax income indefinitely and anyone who says otherwise is delusional. Unfortunately, I think the reckoning for all this debt will come sooner than many people expect.
    by nsvd2
  • remember the utter destruction of the economy by the Bush administration?

    everyone was so relieved when he was finally flown away for the last time by Marine One, he couldn't do any more damage

    well this is round two, just keep voting for this kinda of garbage corruption

    pray for a full impeachment because otherwise two more years is going to leave a burning dumpster fire of a country (but Vance maybe even worse)

    his drapes! his golden statues! his ballroom! his ARC! his helipad! his flagpoles!

    his image on passports, gold coins, $250 bill, park passes! 100 foot banners of his image on federal buildings!

    renaming warships and airports after him while still in office

    ONE BILLION DOLLARS in taxpayer funded renovations for all his nonsense in DC

    ANOTHER BILLION DOLLARS stolen from nuclear missile maintenance for his QatarForceOne

    $6 Million per day in pardons and other grift

    $2 Million every weekend for his golf outings

    go on, tell me any other administration from any party was ever this insanely corrupt

    now imagine what else he is doing to the country, selling federal land, got the CIA mucking around in Greenland and who knows where else

    and he's definitely doing Cuba after November

    by ck2
  • They’re just lining up the Xth once in a lifetime crisis for millennials…
    by Havoc
  • The vaguepost by Bessent in today’s Financial Times looked pretty weak: https://www.ft.com/content/cb865200-1a06-40be-86a3-10ee2bb05...
    by cjs_ac
  • All that has to happen to fix this is taxes. The ultra rich tax's need to be raised to a level the US had before Reagan. Instead the people running the US want the poor and middle-class to pay for everything and enrich the rich even more.

    Until that is fixed, the US will end up as a banana republic with lots of nukes.

    > rates on mortgage loans and other long-term lending across the economy – are walloping his popularity, helping freeze the housing market

    Looking like 2007 again ? The GOP loves flirting with creating a massive depression.

    by jmclnx
  • Almost everything this administration does is inflationary. You cannot have tariffs, oil crisis, tax cuts, high debt spending without long-term investors getting worried that they won't meaningfully get their money back in 10 or 20 years from now.
    by pu_pe

  •   > And he hinted at a novel approach to monetary policy, suggesting that “the ultimate intervention is our military”.
    Yes, that was both funny and tragic. But it also demonstrates why smart people made him president: he is beyond perfect for redirecting attention. By burning the institutions down and by severing international relations, a certain class of people can finally disable the corrective and limiting mechanisms that keep them in check. Even if that means the whole country needs to be burned down. Zero sum in business, zero sum in church, zero sum in state governance.
    by exceptione

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