A record Dec. merchandise trade deficit confirms a dysfunctional U.S. economy more dependent than ever on the largesse of the rest of the world. The U.S. dollar's reserve status has never provided a bigger crutch. Tariffs now will be more painful for Americans than ever before.
They’ll do a 1-2 punch here, to pretend like status quo is maintained: lower rates, impose tariffs. One seemingly increases dollar strength, the other debases it.
In the vein of what Greg said, I think the “battle” being set up here is: 1) tariffs to support the dollar and manufacturing, and 2) lower rates; both are highly inflationary and currency destructive; that being said, tariffs support a stronger dollar, if at least in the interim before supply/demand dynamics change the value of the currency.
But you're wrong because this time they're going to use companies like John Deere, Dyson, and Bank of America . It's smart not to go with the usual suspects and to go with proven companies who have our security interest at heart
Gotta did-agree with you Greg on the 8 month severance for Fed Workers .. I understand that the Government is bloated … but this is simple Extortion ..
These people work for the taxpayers of the United States, but they're pretty much loyal to the Democratic party. Either way, we as taxpayers and our representative who is the president of the United States should be able to fire them whenever we want. A 3-month severance which is the industry standard would be the max they should get
The Fed could mention today how they need to be a bit cautious considering the recent drop and volatility we are seeing in the tech markets. Or something along those lines.
Peter Schiff
@PeterSchiff
A record Dec. merchandise trade deficit confirms a dysfunctional U.S. economy more dependent than ever on the largesse of the rest of the world. The U.S. dollar's reserve status has never provided a bigger crutch. Tariffs now will be more painful for Americans than ever before.
They’ll do a 1-2 punch here, to pretend like status quo is maintained: lower rates, impose tariffs. One seemingly increases dollar strength, the other debases it.
So do I...
Lose what exactly?
LOL, imaginary coins that people can’t live without nowadays, like that imaginary friend from childhood.
Currency invested in the markets is imaginary too. And, you own none of it. So sayeth the laws of the land.
I did the crypto bitcoin experiment. I made currency and paid taxes.
Bought a nice 1979 Gibson Custom Blond Beauty in mint condition.
Remain diversified and trust no investment too much.
Trump to Americans:
Heads I win, Tails you lose.
I'll flip the coin.
My guess is the market’s going to tank after fed Powell speaks
In the vein of what Greg said, I think the “battle” being set up here is: 1) tariffs to support the dollar and manufacturing, and 2) lower rates; both are highly inflationary and currency destructive; that being said, tariffs support a stronger dollar, if at least in the interim before supply/demand dynamics change the value of the currency.
Who are the Iron dome contract candidates? Usual suspects Lockheed, northrup..? Or will it be Elon?, someone else?
Israel, of course. just as Israeli firms have been contracted to protect the Mexican border..
Israels border capabilities have sucked lately.
Exactly. Continuing the Military-Industrial-Complex. This Iron-Dome is to also keep the population under control, not just by the numbers…
But you're wrong because this time they're going to use companies like John Deere, Dyson, and Bank of America . It's smart not to go with the usual suspects and to go with proven companies who have our security interest at heart
I say they keep rated the same
Disagree
Gotta did-agree with you Greg on the 8 month severance for Fed Workers .. I understand that the Government is bloated … but this is simple Extortion ..
Take the money or get fired!
These people work for the taxpayers of the United States, but they're pretty much loyal to the Democratic party. Either way, we as taxpayers and our representative who is the president of the United States should be able to fire them whenever we want. A 3-month severance which is the industry standard would be the max they should get
The show must go on. I use the 3d glasses to watch it. Scary. It looks 3 times worse.
Crypto is a freak show. At least, I don't have to pay to watch it.
Try selling silver today. You'll be lucky to get spot. Not everything is what it seems. Could be a freak show across the board.
The Fed could mention today how they need to be a bit cautious considering the recent drop and volatility we are seeing in the tech markets. Or something along those lines.
Make the Fed reduce all rates on all loans to 0.5% RETROACTIVELY, or shut them down, and let the treasury do what it is supposed to do.
They've made enough, and no repayment, their currency had zero cost/value to begin with.
0.5 % for the services and infrastructure they provide or nothing , bye, bye
Bye-Bye
Yes. ; )