Thinking
@Ivana202020
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The Gamer Generation is the hope of the world Defy the People: FAFO No electricity and their plan FAILS Not a virus, a #cull and a coup Democracy is a farce
Absurdistan
Joined March 2020
#debtspiral Happening now š Keep your eyes on the ball. All the rest is fluff. All of it.
US 2 year Treasury Yields back near 3.2%. The US rolls over huge amounts of debt every quarter. The cost of rolling that debt is surging. Debt spiral: when a borrower fall deeper into debt and servicing the debt becomes unsustainable, leading to default.
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RT @Ivana202020: No-one knows how much debt the US Federal Government has accrued. The President is guessing it may be lower than previousā¦
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The man is a genius. š¤£š¤£š¤£š¤£š¤£
ECB Vice President Luis de Guindos says US trade policy is triggering major friction for the global economy
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Trump is trying to reduce the gaping US Trade deficits with tariffs. Oh and territorial consolidation with Mexico and Canada. Same trade deficit just absorbed into national borders. š¤·āāļøš¤·āāļø
Trump says will announce āreciprocal tariffsā that would affect āeveryoneā. āThey charge us. We charge themā..suggesting it will match imposts on US imports into other countries (could include VAT). Could be alternative to 10-20% general tariff. Tariff war a long way from over!
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"Real risk for Aust is reduced global trade." That's exactly where the world is heading: reduced global trade. Not great if you have an economy as skewed as Australia.
Trumps 25% tariff on alum & steel: In 2024 Aust alum & steel exports to US were $808m. Hopefully we get an exemption as we have trade deficit with US, but maybe not = bad for Aust producers but at just 0.03% of GDP trivial macro impact. Real risk for Aust is reduced global trade.
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Yeah Israel is confiscating land, and treating certain classes of people VERY BADLY too. Go figure.
South Africa is confiscating land, and treating certain classes of people VERY BADLY. It is a bad situation that the Radical Left Media doesnāt want to so much as mention. A massive Human Rights VIOLATION is happening, for all to see. The United States wonāt stand for it - We will act. Also, because of this, I will be cutting off all aid to South Africa until further notice! Donald Trump Truth Social Post 08:51 AM EST 02/09/25
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RT @Ivana202020: Techno Fascist freaks are unlikeable, uncharismatic, not very bright rich kids with an inflated sense of their own importaā¦
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"Gold shouldnāt increase 40% in a year. It is happening because our government is a failure and there is no legitimate plan on the table from anybody to fix it." When do we get price discovery on the US Treasury market?
Dollar Up +5% and Gold still Up +40% over the past year. Thatās what happens when nobody wants to hold your debt anymore. Thatās what happens when not even a 100 bps rise in your long bond can get demand into the door. This is what happens when youāve broken the money and people revert back to ancient forms of money instead. Gold shouldnāt increase 40% in a year. It is happening because our government is a failure and there is no legitimate plan on the table from anybody to fix it.
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No-one knows how much debt the US Federal Government has accrued. The President is guessing it may be lower than previous estimates. Meanwhile yields on US Treasuries are creeping higher. Not a sign of confidence. The US is a Banana Republic.
President Donald Trump on Sunday said the United States may carry less debt than thought and said it could be because of fraud related to debt payments.
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RT @SpencerHakimian: This is one of the most incoherent comments I have ever read in my life. What does this even mean? Selective defauā¦
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RUSSIA HAS NOT RECEIVED ANY SATISFACTORY PROPOSALS TO START TALKS ON UKRAINE, RIA NEWS AGENCY CITES RUSSIAN DEPUTY FOREIGN MINISTER
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