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From Robert Reich, March 10. “You can’t take a battering ram to every major institution in America and expect the economy to do well.” How long the markets can move independently from the economy is anyone’s guess. Wall Street ain’t Main Street,,, blah blah blah. the old sailor in me is putting in 2 reefs preparing for heavy weather.
is the 'trump bump' over already? this is not even month 3, why no warning by financial pundits on any left\right wing network? what happened to supercharging the american economy and the golden age of grift? i guess the same thing that happened to Day 1 prices of eggs, cars, and houses.
my forecast for trump's 'period of adjustment' : -cancel all tariffs and declare victory...china friends first ! -grovel for rate easement while giving asymmetric away tax breaks. -take credit for promised low prices during recession, but blame others for the recession. -start lopsided military conflict as a distraction...cuba is looking pretty winnable.
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How he capitulates will be interesting. And who will take the fall for these horrible decisions? Not our grand leader, no.
The word ACCOUNTABILITY is not in his tiny dictionary.
what happened to supercharging the american economy and the golden age of grift? i guess the same thing that happened to Day 1 prices of eggs, cars, and houses.
my forecast for trump's 'period of adjustment' :
-cancel all tariffs and declare victory...china friends first !
-grovel for rate easement while giving asymmetric away tax breaks.
-take credit for promised low prices during recession, but blame others for the recession.
-start lopsided military conflict as a distraction...cuba is looking pretty winnable.
https://www.wsj.com/economy/trump-team-recession-hard-landing-c8f23d5d?st=GM8Dkw&reflink=desktopwebshare_permalink
https://open.substack.com/pub/paulkrugman/p/the-economic-excuse-industry-is-booming?r=tcpky&utm_campaign=post&utm_medium=email