Oh all those treasury bonds China bought? Worthless actually
newmou
There is also the Nothing Ever Happens Effect though, which stipulates Trump will bluster with tariffs but they will ultimately not come to pass, or they’ll be short lived and relatively ineffective if they are
Do you live in a hole or a boat
Someone threw a Spanish guitar really high in the air
Did not know Ron Paul was still alive lol
Great post. Would the Fed see this as circumventing their power, and fuck with interest rates in response or something?
Elon Musk: part monkey, part tiger
Lol but yeah you raise a really interesting analogy, that makes a lot of sense. It does seem like we are entering a period of explosion that will be followed by a period of freak reconstruction into the new system. And then we’ll probably see that cycle unfold again and again as the time between each shortens and push and pull become more extreme, until the event horizon of war-collapse
Unless the defiances broadly and consistently went against the interests of capital, leading to a business revolt that would force Trump’s hand, I guess the only enforcement mechanism would come down to whatever generals want to stick their neck out for either a future more lucrative political/military-industrial career if successful, or a future book deal if not lol