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#liberationday

10 posts8 participants0 posts today
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@anderspuck @Techaltar
RE
what it will take for #Europe to achieve #strategicautonomy

Thx, I will watch the video on #France attempting to change, but I saw this graph yesterday

France has a lot of US #TreasuryBonds

The #CaymanIslands and OTHERS have a lot too, just pointing this out, because it seerms #Trump #LiberationDay was stopped by the selling of T Bonds

@Lazarou thx for boost

en.m.wikipedia.org/wiki/United

Replied in thread

@TonyStark
RE
Yale Budget Lab #tariffs $4,400

Entertainment shows, #TheDailyShow #DesiLydic #StevenColbert #JimmyKimmel etc are bouncing around the theory that #Liberationday was _one_ of these

1. #Trump really really wanted to force CEOs to build production factories in the US. ⭕NOTE, most CEOs made no plans, to do this. Market and T Bond selling STOPPED HIM

2. Trump created this event, #insidertrading

I think it was 1 (he ignors advisors) and then fell back to 2 (#SCOTUS, crime is ok)

“THIS IS A GREAT TIME TO BUY!!! DJT” he posted on his social media site, Truth Social, at 9:37 a.m. Eastern time Wednesday.

Shortly after 1 p.m., he announced on the same site that he would pause most new tariffs, causing the ailing stock markets to sharply rise.

“The President of the United States is literally engaging in the world’s biggest market manipulation scheme,” the Democrats from the House Committee on Financial Services posted on X.

washingtonpost.com/business/20

President Trump has said countries are "kissing my ass" trying to make a deal with the US.

Speaking at a NRCC dinner, Trump said countries are "dying to make a deal" with the U.S., while he also hit out at Republicans speaking out against his tariff plans.

"I'll see some rebel Republican, some guy that wants to grandstand, say: 'I think that Congress should take over negotiations,'" he said. "Let me tell you: You don't negotiate like I negotiate."

newsweek.com/trump-countries-k

The destruction of value caused by Donald Trump’s tariffs is historic in the equity markets.

The loss of market capitalization worldwide has reached $10 trillion, according to Bloomberg.

That is a figure equivalent to just over half of the GDP of the European Union. For part of Monday’s session, the S&P 500 index, the benchmark for the U.S. stock market, accumulated three consecutive drops of 4% for the first time since the Great Depression.

english.elpais.com/economy-and

EL PAÍS English · The tariff bomb wipes out $10 trillion in stock market value, half of the EU’s entire GDPBig tech companies lead the losses, with €1.5 trillion cumulatively shed since Thursday from the Magnificent Seven’s market capitalization

There is no doubt that the current global economic crisis was triggered by a doddering old man who doesn’t understand modern markets or even basic economics.

He sounds like a crazy old coot shouting at his television set, whining about taking his meds and then meekly asking to be tucked in at bedtime all at once. Donald Trump has long since passed his sell-by date and the world is paying the price.

thedailybeast.com/trump-is-mak

Donald Trump claimed to have won yet another golf tournament on Sunday—with the president spending all weekend on the course while global markets continue their downward spiral after the announcement of his controversial tariffs.

Asked about the tournament held at Trump National Golf Club, Trump confirmed it was “very good, because I won.”

He added: “It’s good to win. You heard I won, right?”

Trump boasted that his “handicap was very low.”

thedailybeast.com/surprise-sur

Former President Donald Trump looks on during the pro-am prior to the LIV Golf Invitational - Bedminster at Trump National Golf Club on August 10, 2023 in Bedminster, New Jersey.
The Daily Beast · Surprise, Surprise. President Trump Says He Won Another Golf TournamentBy Matt Young

U.S. stock index futures slumped on Monday and the S&P 500 was poised to confirm a bear market as investors barreled into government bonds on worries over the fallout of U.S. President Donald Trump's sweeping tariff plans.

By 6:22 a.m. ET, U.S. S&P 500 E-minis were down 115.25 points, or 2.26%, Nasdaq 100 E-minis were down 411 points, or 2.34%, Dow E-minis were down 916 points, or 2.38%.

Goldman Sachs raised the odds of a U.S. recession to 45%.

reuters.com/markets/us/futures