Thai Miss Universe hopeful "Tiger Anna" wowing in the US - final round on Sunday 8am Thai time
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169
Poll -- Who will cave first in the momentous China-USA trade war?
Why would China shut down global trade? They wanna make money, not tariff the world. Point of the military bases is that the budget for the Pentagon will be over $1 Trillion, and that's excluding military-related line items on other department budgets and blacklist projects. Costs a lot of money to be the world's dict....i mean, to be the world's policeman. Very expensive to run 800 foreign bases, overthrow sovereign nations, drone wedding parties, pirate other nation's oil tankers. Chine decided to build ports and bridges and hospitals and highways and railroads and industrial parks instead. Well, that and thousands of ships and hundreds of thousands of containers and tens of thousands of factories. -
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US Senator Ron Johnson orders Pfizer & Moderna to hand over documents on vaccine development
Fully agree, but I would have used the word 'scamdemic'. And from the responses in this sub-Forum it is clear that the media stoking up the fear to panic-level for an invisible Virus Boogy-Man, will work again next time if we do not 'debunk' their dirty Covid-19 tricks. -
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Retirement visa, under consideration ???
Who cares. This is a forum concerning Thailand. There is a forum "visas etc to other countries" -
88
Trump Wields Executive Order to Dismantle State Climate Laws
So Trump added to the debt by cutting taxes and Biden added to the debt by pissing away more money. What's it mean when the slope of this line was steeper during the Biden years? Forget the analysis, which has been politicized to death. Just look at the numbers. And to claim that a lot of Biden's spending was Covid spending was disingenuous. BTW, what was the Federal Budget in the last year of Trump vs the last year of Biden. That tells the story. Just the number, please. Not the propaganda. -
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Trump Will Blink First to Stop Financial Markets and Treasuries From Hemorrhaging Further
There are so many opinions floating around right now about Trump's self inflicted trade war, mostly about Trump’s intentions, what he understands and what he doesn’t, what he’s trying to achieve, how much of it is ego, and so on. But at the end of the day, the only thing that really matters is: when and how does this end? I think the simple answer is that it ends very soon, probably next week, because both the US financial markets and the US government’s sovereign debt markets (Treasuries) are now hemorrhaging and are in free fall, and that’s just not sustainable for more than a minute. If it’s allowed to fester for too long, it could become genuinely dangerous. As for how it ends, I suspect Trump blinks first. The Chinese are in a stronger position financially and economically. They aren't facing the same financial markets carnage and can wait this out far longer than Trump or the US can, plus the Chinese are used to economic pain, whereas the US isn't. So what I think happens is Trump, pretending to be the great dealmaker, offers China an olive branch next week by announcing a 60 or 90-day pause on the tariffs, giving both sides time to negotiate a deal. Most likely, it’ll just be him kicking the can down the road with no real agreement ever to follow. But in the meantime, the markets will rally, treasury yields will settle, and he’ll be seen as being sensible, at least in the moment. As for the tariffs themselves, it buys him time to spin the narrative, confuse the American public to the point where no one really understands what’s going on anymore, eventually Americans move into the next big news cycle topic and the whole situation fades away, more or less back to where things were before he started this trade war that he can’t possibly win. Just political theatre and market pain for nothing, but no real progress is ever made on the large trade deficit between the US and China. And the biggest losers in all this? All the investors who panicked and sold out and liquidated their financial positions, thinking the American economy was about to collapse. One other possibility is: Trump has repeatedly expressed his strong desire for the Fed to cut interest rates now, ideally by at least another full percentage point. So far, the Fed has largely ignored those signals, and there’s not much Trump can do about it legally, unless he’s willing to cross more legal lines. But if the stock market continues to tank and the sell-off in treasuries intensifies as a result of Trump’s trade war, it could eventually corner the Fed into action. If things spiral far enough, the Fed might feel compelled to step in and cut rates, effectively reviving what’s known as "The Fed Put", like what happened during the COVID crash, when emergency rate cuts turned the markets around almost overnight. That could be part of Trump’s hidden play. If he drags this out long enough and triggers a rate cut, he could then swoop in, end the trade war, and claim victory, restoring confidence just as rates fall. It’s speculative, but not outside the realm of possibility. If he pushes things far enough, it just might work for his agenda on cutting interest rates and perhaps he's just using the trade war with China as a red herring to do it. -
27
Consumer sentiment tanks
isn't musk set on having a few dozen spawns...great role model for population control.
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