Money & Economics

They're telling you on National TV that they're going to cook the books to make it better

Unfuckingbelievable


 
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Rate cuts aren't going to fix this mess, they never were. Thats called Hopium
 
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If you still trust the greasy used car salesmen at Team Trump with your economy, you deserve everything you get

"The dog ate our homework"

 
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Flat lying and the documents in the report say so.

What a shit show

 
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Most of the Western countries are seeing the same thing. When the US goes down so does the rest.

It could get very ugly

 
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Good NEWS!

10yr bonds, which is what mortgage rates follow not the Fed rate, are crashing.

5% mortgage rates on the near horizon. Coupled with an excess 500,000 more homes for sale than buyers, (1st time ever) and Prices will begin to drop quickly.
 
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Much like US sovereign debt, they know it’s unsustainable.

You’ll be the last to know

 
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Trying hard to be fair here.

Let’s say he’s right and somehow miraculously they’re able to get new production (outside of chips) up to speed quickly here in the US vs Asia.

How exactly do they compete in price given labor is 2X-10X more here than there?

Or is he just not saying the quiet part: we’ll make it here but you’ll pay a lot more for it?

"Not A Jobs Recession": Bessent Doubles Down On Tariffs, Predicts Economic Surge, Slams Goldman & Moody's​

"Not A Jobs Recession": Bessent Doubles Down On Tariffs, Predicts Economic Surge, Slams Goldman & Moody's | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
 
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