Why cant idiot economists recognise the sheer brilliance of Trump ?

[Tommy Tainant]

IMF slashes global growth forecast to 2.8% this year due to Trump trade war – as it happened

Growth forecasts for most advanced countries have been cut, as IMF warns that trade tensions will hurt economic activity

www.theguardian.com

Let’s be clear: US dollar weakness isn’t just about economic cracks forming. This is a broader confidence bleed. Trump’s rhetoric signals that even the White House is front-running a slowdown. And that means the usual fallback narrative—“we’re strong, the Fed has our back”—is starting to fray.

Why dont they get it ? The world has been waiting for simplistic solutions to the problems and now they have them. Itsctime to party guys. The good times are rolling.

 

[luiza]

IMF slashes global growth forecast to 2.8% this year due to Trump trade war – as it happened

Growth forecasts for most advanced countries have been cut, as IMF warns that trade tensions will hurt economic activity

www.theguardian.com

Let’s be clear: US dollar weakness isn’t just about economic cracks forming. This is a broader confidence bleed. Trump’s rhetoric signals that even the White House is front-running a slowdown. And that means the usual fallback narrative—“we’re strong, the Fed has our back”—is starting to fray.

Why dont they get it ? The world has been waiting for simplistic solutions to the problems and now they have them. Itsctime to party guys. The good times are rolling.

Garbage.
They want the Fed disbanded but that is only one consequence of a strategy which is far too complex for you to understand .

 

[Dekster]

IMF slashes global growth forecast to 2.8% this year due to Trump trade war – as it happened

Growth forecasts for most advanced countries have been cut, as IMF warns that trade tensions will hurt economic activity

www.theguardian.com

Let’s be clear: US dollar weakness isn’t just about economic cracks forming. This is a broader confidence bleed. Trump’s rhetoric signals that even the White House is front-running a slowdown. And that means the usual fallback narrative—“we’re strong, the Fed has our back”—is starting to fray.

Why dont they get it ? The world has been waiting for simplistic solutions to the problems and now they have them. Itsctime to party guys. The good times are rolling.

Ain't no economist smart enough to become a billionaire, damn it

 

[shockedcanadian]

These economists claimed that signing the I.R.A wouldnt.impact inflation. These people love supporting slave labour in China and they are angry they cant do so as easily now. Probably the same people who would invest in Germany in 1941. A lower U.S dollar is great for attracting investment into the U.S as it makes it cheaper for foreign companies. This also offsets Chinas efforts to.devalue the yuan. The only people unhappy are thr importers and outsourcers of jobs. A pity that.

 

[Tommy Tainant]

Its clear that th intelligence is all on trumps side.None of these so called economists have ever bankrupted a casino. Or launched Trump steak or even used slave labour to get a bible printed in China.
Fucking losers.

 

[jwoodie]

IMF slashes global growth forecast to 2.8% this year due to Trump trade war – as it happened

Growth forecasts for most advanced countries have been cut, as IMF warns that trade tensions will hurt economic activity

www.theguardian.com

Let’s be clear: US dollar weakness isn’t just about economic cracks forming. This is a broader confidence bleed. Trump’s rhetoric signals that even the White House is front-running a slowdown. And that means the usual fallback narrative—“we’re strong, the Fed has our back”—is starting to fray.

Why dont they get it ? The world has been waiting for simplistic solutions to the problems and now they have them. Itsctime to party guys. The good times are rolling.

So now you are shilling for The Guardian?

 

[Mac1958]

IMF slashes global growth forecast to 2.8% this year due to Trump trade war – as it happened

Growth forecasts for most advanced countries have been cut, as IMF warns that trade tensions will hurt economic activity

www.theguardian.com

Let’s be clear: US dollar weakness isn’t just about economic cracks forming. This is a broader confidence bleed. Trump’s rhetoric signals that even the White House is front-running a slowdown. And that means the usual fallback narrative—“we’re strong, the Fed has our back”—is starting to fray.

Why dont they get it ? The world has been waiting for simplistic solutions to the problems and now they have them. Itsctime to party guys. The good times are rolling.

Most economists are very concerned, and for good reason.

On top of that, Stanley Druckenmiller, Warren Buffett, Paul Tudor Jones and many other famed investors are all warning us, but Trump is just too smart for them.

Right now, there is a global flight out of many US stocks, plus the dollar, plus Treasuries. United States Treasuries are the single most importand security on the fucking planet, and liquidity/demand is drying up, as we tell the rest of the world "we don't need you".

If Treasuries crash, and they're close, you ain't seen NOTHIN' yet. And it'll hit the whole world, not just America. Then the Fed is forced into a new QE, because of the fucking arrogant ignorance of the "President".

 

[Tommy Tainant]

Most economists are very concerned, and for good reason.

On top of that, Stanley Druckenmiller, Warren Buffett, Paul Tudor Jones and many other famed investors are all warning us, but Trump is just too smart for them.

Right now, there is a global flight out of many US stocks, plus the dollar, plus Treasuries. United States Treasuries are the single most importand security on the fucking planet, and liquidity/demand is drying up, as we tell the rest of the world "we don't need you".

If Treasuries crash, and they're close, you ain't seen NOTHIN' yet. And it'll hit the whole world, not just America. Then the Fed is forced into a new QE, because of the fucking arrogant ignorance of the "President".

Hes got a struggle to get back to even a biden level economy. Can he turn it round by the mid terms ?
His "strategy" has failed so maybe his best bet is doing nothing.

 

[Mac1958]

Hes got a struggle to get back to even a biden level economy. Can he turn it round by the mid terms ?
His "strategy" has failed so maybe his best bet is doing nothing.

There's over $7 trillion laying around in money markets, and investors are conditioned to look for "events" as an excuse to buy (this can be stocks/bonds, homes, whatever).

So the two main events people are waiting on are a quick resolution to the tariff mess and some kind of material intervention by the Fed or Commerce.

The problem is that the tariff mess has created some long term problems, and the economy is quickly weakening. So the clock is really ticking here. Trump has to find a way to end his stupid tariff disaster.

 

[Tommy Tainant]

There's over $7 trillion laying around in money markets, and investors are conditioned to look for "events" as an excuse to buy (this can be stocks/bonds, homes, whatever).

So the two main events people are waiting on are a quick resolution to the tariff mess and some kind of material intervention by the Fed or Commerce.

The problem is that the tariff mess has created some long term problems, and the economy is quickly weakening. So the clock is really ticking here. Trump has to find a way to end his stupid tariff disaster.

Building confidence probably requires trump taking a back seat. Investment will dry up unless there is certainty. That wont happen as trump chases headlines.

 

[Mac1958]

Building confidence probably requires trump taking a back seat. Investment will dry up unless there is certainty. That wont happen as trump chases headlines.

He gives us signs that he knows when he's fucking up. The STAY COOL post, and the comments on Tuesday that he's blinking on China.

All I can do is hope, but I'd guess he's looking for ways to get the fuck out of this. I'm sure someone has told him about the collapse of Treasuries, and while he probably doesn't understand it, he probably knows it's "real bad".

The bigger problem may be that it's clear that the most important countries -- Canada, Mexico, China, Japan, Germany, India -- aren't showing any panic. They know he's a liar, they know he's unserious. So if they're in negotiations, they're not bending over as he expected.

Hopefully he'll figure a way out of this, he'll claim "victory", the rubes will rejoice, and we'll be okay before it's too late. Tick, tick, tick.

 

[Tommy Tainant]

He gives us signs that he knows when he's fucking up. The STAY COOL post, and the comments on Tuesday that he's blinking on China.

All I can do is hope, but I'd guess he's looking for ways to get the fuck out of this. I'm sure someone has told him about the collapse of Treasuries, and while he probably doesn't understand it, he probably knows it's "real bad".

The bigger problem may be that it's clear that the most important countries -- Canada, Mexico, China, Japan, Germany, India -- aren't showing any panic. They know he's a liar, they know he's unserious. So if they're in negotiations, they're not bending over as he expected.

Hopefully he'll figure a way out of this, he'll claim "victory", the rubes will rejoice, and we'll be okay before it's too late. Tick, tick, tick.

I remember Kim playing him like a violin last time he was in. He just smiled and bided his time. Trump gets bored quickly. And of course he is monumentally dumb.

 

[Frankeneinstein]

Its clear that th intelligence is all on trumps side.None of these so called economists have ever bankrupted a casino. Or launched Trump steak or even used slave labour to get a bible printed in China.
Fucking losers.

Actually tommy, economists/accontants/bookkeepers are exactly the folks who oversee and advise the trump side of economics.

 

[Frankeneinstein]

So now you are shilling for The Guardian?

meh, let him go, it makes things easier for those debating him.

 

[Tommy Tainant]

Actually tommy, economists/accontants/bookkeepers are exactly the folks who oversee and advise the trump side of economics.

Have they ever bankrupted a casino ?

 

[Frankeneinstein]

Have they ever bankrupted a casino ?

many, that's why they are hired, they were behind the enron disaster as well, not to mention every bankruptcy for profit scheme.

 

[22lcidw]

I remember Kim playing him like a violin last time he was in. He just smiled and bided his time. Trump gets bored quickly. And of course he is monumentally dumb.

I remember the inflation you Progs caused. And forget. The endless trillions of dollars of legislation and getting so very little out of it. A lot of people have gotten paid off. We deserve a huge economic downturn. I really believe there are people you do not like who will collect from you all of the check's you guys cashed and forced others to pay for.

 

[Orangecat]

Why cant idiot economists recognise the sheer brilliance of Trump ?​

Why can’t idiot limeys figure out contractions?