Economy JPow responds to Orange's threats

[icemun]

I truly do not understand why more people don't tell him to go fuck himself. he's insanely lazy, obviously dying, and possibly the dumbest man alive. he doesn't have the energy for any more grudges! he's one bad meal away from hospice care! he's also a coward who buckles the second anyone stands up to him! truly the most pathetic and cowed country ever created

Because the sane republicans that have, have destroyed their careers among his cult.

Even the insane ones like Majorie Green ended her career with her persistence to see the Epstein files, which would incriminate trump

 

[LangfordBarrow]

Lmao @ this administration. They want to tank the economy and start WW3 to distract from the Epstein files.

He might tank the economy for the average person but him and his billionaire buddies will continue to grow their fortunes.

 

[aerius]

What’s wrong with the fed?

That would take an entire book to really explain, fortunately someone wrote it already so I don't have to.
The Creature From Jekyll Island

 

[Alpha_T83]

I don’t even think it’s ultimately about Epstein, I think it’s about seizing resources and commodities that they can use to enrich themselves.

There is a theory that Trump wants ultra low interest rates so he can re-finance his entire Empire's worth of loans, and lock in lower rates. He only needs ultra low interest rates for as long as it takes for him and his family to secure the loans. Then rates can go back up.

And he's got the power to force those loans through from within the Federal Government.

 

[aerius]

There is a theory that Trump wants ultra low interest rates so he can re-finance his entire Empire's worth of loans, and lock in lower rates. He only needs ultra low interest rates for as long as it takes for him and his family to secure the loans. Then rates can go back up.

And he's got the power to force those loans through from within the Federal Government.

He's gonna find out that neither he nor the Fed can actually control interest rates, the bond market will set the rates and he'll suck it up and pay them.

 

[Big Nasty Edison]

He might tank the economy for the average person but him and his billionaire buddies will continue to grow their fortunes.

Well ALL of MAGA are just future billionaires in the making, so up yours!

 

[HockeyBjj]

Glad to see the stock market is up today. I thought on this news that Fed Chief Powell was under criminal investigation the market would be concerned and down. As some of the constantly negative financial web sights were saying, the sell America was being traded. Seems that isn't the case.

It seems many feel Powell has made a lot of mistakes during his time as head of the Fed board. It will be good to get someone new in that position.

If I had to guess I'd say it's because the market sees this as an empty threat that won't amount to anything tangible. Last time Trump tried to go after someone in the finance world his lawyers got laughed out of the court room and are now being held in contempt for calling themselves US attorneys in the first place lol.

So market thinks this is another trump temper tantrum that goes nowhere so no need to react to it.

 

[Substance Abuse]

Big surprise that the man suggesting 50 year mortgages and 15 year auto loans is now demanding a cap on credit card rates while threatening the Fed.

People should really look at these statements and completely unwind any image they might have had of “genius business man.”.

 

[Big Nasty Edison]

Big surprise that the man suggesting 50 year mortgages and 15 year auto loans is now demanding a cap on credit card rates while threatening the Fed.

People should really look at these statements and completely unwind any image they might have had of “genius business man.”.

All the failed businesses should have been the indicator of that, but nope.

 

[Substance Abuse]

All the failed businesses should have been the indicator of that, but nope.

I mean, I figured J6 alone would be a good indicator to not re-elect this guy or any GOP who refused to hold him accountable for his role in it, but hey, here we are.

 

[44nutman]

Arresting 17 year old US Citizens at work and dumping them 8 minutes away and now this administration has weaponized the DOJ to go after someone who does not engage in Trump Groupthink. I never thought I would see Conservatives who used to be the party of law and order, meekly go along with all of this.

 

[Last Falconry]

Because the sane republicans that have, have destroyed their careers among his cult.

Even the insane ones like Majorie Green ended her career with her persistence to see the Epstein files, which would incriminate trump

he’s going to try and do that anyway! he’s an insane child molester who sees the end coming! all the more reason to tell him to go fuck himself

 

[Big Nasty Edison]

Because the sane republicans that have, have destroyed their careers among his cult.

Even the insane ones like Majorie Green ended her career with her persistence to see the Epstein files, which would incriminate trump

They wanted to hang Mike Pence for obeying the Constitution.

 

[LMP]

Attacking banks predatory inflation rates and the Central Bank in the same week would have been a LEFTIST position years ago.

Now the blind hatred of Trump colors everything.

Talks of attacking private equity owning single family homes and credit card rates are actually good things if Trump can get them done. Obviously I don't think he will, but these are definitely issues worth government intervention imo.

 

[WalkenWouldOwn]

Big surprise that the man suggesting 50 year mortgages and 15 year auto loans is now demanding a cap on credit card rates while threatening the Fed.

People should really look at these statements and completely unwind any image they might have had of “genius business man.”.

The supposed genius and champion of 4-D chess is absolutely mystified by the word "groceries" to the point he felt the need to ramble incoherently about it for months. And everybody close to him is too scared to tell him how fucking stupid and out of touch he sounded every time he brought it up.

The supposed champion of the blue collar working man (who stiffed contractors for decades)
The supposed tough alpha (who dodged the draft and insulted POWs)
The supposed great business man and leader (who has countless failed business ventures far outnumbering his successes)
The supposed Christian (Who can't reference a single bible verse)
The supposed moral family man (Who paid a pornstar for sex while married)

Not only is MAGA a cult, even in the history of idiots joining cults they are probably the dumbest because this guy didn't even have to TRY to convince them of anything. Literally just say racist things openly and insult the libs as much as possible, that is all it takes. He doesn't represent one SINGLE thing the conservatives used to support other than whiteness and wealth.

 

[WklySportsMemes]

He might tank the economy for the average person but him and his billionaire buddies will continue to grow their fortunes.

I think thats where these conversations go so wrong all the time. That so many people are brainwashed into thinking that what's good for generic economic KPIs for the country is directly beneficial to their unique financial profile or current circumstances.

This corporatist corrupt bloated government of a nation is no different than any other large inefficient business. Any of us that have worked for the largest corporations in the country also know that what's good for the bottom line or record profits doesn't always yield to your income increasing. Even with stock options.

People should honestly understand their own household's financial profile. Their specific sector or source of income. The exact financial burdens or life changing moves that they would like to make over the next several years....Then see what makes sense to advocate for based on their family's best interests.
Not generic political culture war talking points.


That
& some MAGA moron in this thread with no financial credentials or literacy advocating against economic principles based on his feelings. Lol.
The best part is Im not the biggest fan of JPow or his strategies, but ridiculous of a Magtard to essentially say "my feelings over any facts" lmao hahahaa

 

[WklySportsMemes]

Big surprise that the man suggesting 50 year mortgages and 15 year auto loans is now demanding a cap on credit card rates while threatening the Fed.

People should really look at these statements and completely unwind any image they might have had of “genius business man.”.

Known Trump hater here....
Definitely agree with your conclusion overall but...

Would you agree with this statement ?
If rates & home prices continue in certain areas based on certain unique profiles & circumstances (also none predatory rates):
A 50 year mortgage for a house in a decent area is better than renting in a hell hole complex or renting in a worse area
considering similar DTI.

Think there are even 40 year products available on the market currently

 

[Anung Un Rama]

Big surprise that the man suggesting 50 year mortgages and 15 year auto loans is now demanding a cap on credit card rates while threatening the Fed.

People should really look at these statements and completely unwind any image they might have had of “genius business man.”.

You're just bitter because you didn't think to bring down drug prices by 1,500%

 

[curryjunkie]

Stoic,

Isn’t he…

not really, he ragequit for 4 years when biden won...

 

[HOLA]

That would take an entire book to really explain, fortunately someone wrote it already so I don't have to.
The Creature From Jekyll Island

That book is complete bullshit.

It's to economics what this is to history: