the end game of forcibly turning on the cheap credit faucet is certainly going to be weird, especially as overseas formations and institutions are already looking to exit the dollar. I think the higher interest rates were probably slowing the dollar dumping somewhat.
my gut says we’d enter an age of domestic investment bubbles potentially without precedent, especially given how disinterested the administration is in prosecuting even the most overtly illegal financial crimes and scams. pump and dumps, pyramid schemes, casino America is gonna comp lobster dinners and penthouse suites for every mid and high roller if they chase the dragon.
it will probably delay the AI bubble bursting and reinvigorate the hype machine too, which will be personally annoying to me.
also expecting crypto hype to go ballistic. looking forward to DonJrCoin420
A few days ago - by chance I found a 2009 article in my bookmarks about the economic crisis that nearly caused a Great Depression 2.0. I almost started laughing. As bad as the “regulations” were - at least there was some enforcement of them and of the law. When it comes to Trump’s second administration - I assume it’s the Wild West. All large businesses and all large sectors of the economic are awash in crime and grifting. And it’s eerie to me how the media seems oblivious to this. How can there be no MSM articles about this?
For example - I won’t be surprised if one day news breaks that the US’s largest case of food poisoning has been discovered. Dozens and dozens are dead and hundreds ill. It should be one of the biggest scandals in American history. But the CEO is a big Trump donor who regularly gushes on social media how great Trump is. On a federal level there are sham investigations and - of course - no prosecutions of any execs never mind the CEO. The rightwing says people died of woke.
God only knows what kinds of toxic malfeasance Wall Street has been up to since Trump’s election win.
the AI bubble bursting
Again - where is the MSM?
crypto hype to go ballistic
I assume the criming and grifting is already beyond belief. I wonder which crash will be worse - the AI bubble or crypto. And I wonder which bailout will be larger.
the end game of forcibly turning on the cheap credit faucet is certainly going to be weird, especially as overseas formations and institutions are already looking to exit the dollar. I think the higher interest rates were probably slowing the dollar dumping somewhat.
my gut says we’d enter an age of domestic investment bubbles potentially without precedent, especially given how disinterested the administration is in prosecuting even the most overtly illegal financial crimes and scams. pump and dumps, pyramid schemes, casino America is gonna comp lobster dinners and penthouse suites for every mid and high roller if they chase the dragon.
it will probably delay the AI bubble bursting and reinvigorate the hype machine too, which will be personally annoying to me.
also expecting crypto hype to go ballistic. looking forward to DonJrCoin420
A few days ago - by chance I found a 2009 article in my bookmarks about the economic crisis that nearly caused a Great Depression 2.0. I almost started laughing. As bad as the “regulations” were - at least there was some enforcement of them and of the law. When it comes to Trump’s second administration - I assume it’s the Wild West. All large businesses and all large sectors of the economic are awash in crime and grifting. And it’s eerie to me how the media seems oblivious to this. How can there be no MSM articles about this?
For example - I won’t be surprised if one day news breaks that the US’s largest case of food poisoning has been discovered. Dozens and dozens are dead and hundreds ill. It should be one of the biggest scandals in American history. But the CEO is a big Trump donor who regularly gushes on social media how great Trump is. On a federal level there are sham investigations and - of course - no prosecutions of any execs never mind the CEO. The rightwing says people died of woke.
God only knows what kinds of toxic malfeasance Wall Street has been up to since Trump’s election win.
Again - where is the MSM?
I assume the criming and grifting is already beyond belief. I wonder which crash will be worse - the AI bubble or crypto. And I wonder which bailout will be larger.