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#insanity

11 posts9 participants0 posts today

Everything that I said would occur in response is happening.

The countries dumping #treasurybonds have to balance the damage done by dumping them against the benefit of the retaliation, factoring in expected devaluation of the dollar.

MANY economists would have taken part in this process and it's a bad sign that they are still being dumped onto the market.

It's about to get worse for #Americans

My parents bought their house in 1989 before my brother was born. They paid $88k. In 2025 dollars, that would be ~$227k today.

Just to set the context.

Current estimated value? ~$590k.

The dollars for a 1989 purchase, if instead put into an interest-bearing account matching inflation, would not be able to cover the down payment on the same property in 2025.

Trump Keeps Backing Down, Exempts Phones & Computers from Tariffs

I think we need to get some sane person to be the last one to talk to felon Trump each day & maybe we can stop some of this havoc. Unfortunately, it's difficult to find a sane person in Trump's advisors. There may not be any at all.

#felontrump #corruption #tariffs #insanity #uspolitics

gizmodo.com/trump-keeps-backin

Gizmodo · Trump Keeps Backing Down, Exempts Phones and Computers from TariffsIt's the Art of the Deal.