U.S. economy is experiencing ‘death by a thousand cuts’, says Deutsche Bank

[BLMFem]

Most people don't realize how profoundly troubling Moody's downgrade of US debt was.

 

U.S. economy is experiencing ‘death by a thousand cuts’, says Deutsche Bank, as confidence in national debt management erodes

 

"As Deutsche Bank’s Jim Reid put it in a note seen by Fortune this morning: “Yesterday felt like we were somewhere along the line of a ‘death by a thousand cuts’ with regards to the U.S. fiscal situation. Hard to know where in that thousand we are but probably much nearer a thousand than at zero even as yesterday saw an initial sell-off reverse as the session went on."

[save the frogs]

that bad, huh?

 

[Jingthing]

34 minutes ago, save the frogs said:

that bad, huh?

 

Worse but it'll take maga cultists rather longer to realize that their totally incompetent dear leader has damaged the American brand permanently. Nobody trusts the US any more even very long term close allies and they're right to not trust us.

I suppose Americans collectively deserve the pain we're in for as somehow he managed to take power again.

[BLMFem]

6 minutes ago, save the frogs said:

that bad, huh?

 

That seems to be the case, yes.

[save the frogs]

11 hours ago, Jingthing said:

Worse but it'll take maga cultists rather longer to realize that their totally incompetent dear leader has damaged the American brand permanently. Nobody trusts the US any more even very long term close allies and they're right to not trust us.

I suppose Americans collectively deserve.the pain we're in for as somehow he managed to take power again.

 

America is a "brand"?

Gucci is a brand.

America is not a handbag. 

[BLMFem]

3 minutes ago, save the frogs said:

 

America is a "brand"?

Gucci is a brand.

America is not a handbag. 

Maybe not, but it's run by a gasbag.

[Mike_Hunt]

22 minutes ago, BLMFem said:

Most people don't realize how profoundly troubling Moody's downgrade of US debt was.

 

U.S. economy is experiencing ‘death by a thousand cuts’, says Deutsche Bank, as confidence in national debt management erodes

 

"As Deutsche Bank’s Jim Reid put it in a note seen by Fortune this morning: “Yesterday felt like we were somewhere along the line of a ‘death by a thousand cuts’ with regards to the U.S. fiscal situation. Hard to know where in that thousand we are but probably much nearer a thousand than at zero even as yesterday saw an initial sell-off reverse as the session went on."

These people are just noticing the USA has a large debt and deficit? 

[Jingthing]

23 minutes ago, save the frogs said:

 

America is a "brand"?

Gucci is a brand.

America is not a handbag. 

America actually is a brand.

Not surprised that you don't know that.

 

www.thewrap.com/trump-trade-war-ken-griffin-damaging-american-brand/

 

[Jingthing]

13 minutes ago, Mike_Hunt said:

These people are just noticing the USA has a large debt and deficit? 

It's about  much more than that.

[Mike_Hunt]

3 minutes ago, Jingthing said:

It's about  much more than that.

Like?

[BLMFem]

1 minute ago, Mike_Hunt said:

Like?

Take your pick. Want me to go first? OK, an administration completely devoid of any talent except a** kissing, lead by a narcissistic moron so unfit for the job that it beggars belief.

[Mike_Hunt]

6 minutes ago, BLMFem said:

Take your pick. Want me to go first? OK, an administration completely devoid of any talent except a** kissing, lead by a narcissistic moron so unfit for the job that it beggars belief.

That’s not a real example.  When push comes to shove you lack the ability to being any real details.

[Lacessit]

6 minutes ago, Mike_Hunt said:

Like?

US Treasury bond rates are soaring. That's because other countries are selling them.

 

Bond rates are an indicator of investor confidence in a country.

 

The Australian 10 year bond rate is 4.4%. The USA is 4.6%.

 

Investors having more confidence in Australia than the USA is not a good sign. It's fairly unprecedented.

[Mike_Hunt]

Just now, Lacessit said:

US Treasury bond rates are soaring. That's because other countries are selling them.

 

Bond rates are an indicator of investor confidence in a country.

 

The Australian 10 year bond rate is 4.4%. The USA is 4.6%.

 

Investors having more confidence in Australia than the USA is not a good sign. It's fairly unprecedented.

This has been a long time in the making.    The debt has been out of control since the late 2000s.  

[3NUMBAS]

Not surprising with a madman running the show

[Furioso]

9 minutes ago, Lacessit said:

US Treasury bond rates are soaring. That's because other countries are selling them.

 

Bond rates are an indicator of investor confidence in a country.

 

The Australian 10 year bond rate is 4.4%. The USA is 4.6%.

 

Investors having more confidence in Australia than the USA is not a good sign. It's fairly unprecedented.

10 year U.S. treasury bonds are estimated to drop to 4.3% by the end of the year. The long term average is 4.25%. The sky is falling. 

[jvs]

I thought DOGE was taking care of all the excess spending?

Guess not? The working class will pay for the debt while to billionaires are getting a tax cut.

The uneducated masses will all say hail trump and pretend it is all part of a master plan!

It is of course part of a master plan but by the time M.M's get it it will be too late.

[TedG]

1 minute ago, jvs said:

I thought DOGE was taking care of all the excess spending?

Guess not? The working class will pay for the debt while to billionaires are getting a tax cut.

The uneducated masses will all say hail trump and pretend it is all part of a master plan!

It is of course part of a master plan but by the time M.M's get it it will be too late.

How much does a billionair make income? 

[CallumWK]

4 minutes ago, Furioso said:

U.S. treasury bonds are estimated to drop to 4.3% by the end of the year. The long term average is 4.25%. The sky is falling. 

 

They can't even protect the weather accurately 2 days ahead but they gonna tell you what the bond rate will be in 7 months.

 

The yields on 30-year Treasury bonds - a proxy for super long-term U.S. government borrowing costs - reached 5.108%, its highest since October 2023 and the 20-year yield hit 5.126%, its highest since November that year.

[Harrisfan]

14 minutes ago, Lacessit said:

US Treasury bond rates are soaring. That's because other countries are selling them.

 

Bond rates are an indicator of investor confidence in a country.

 

The Australian 10 year bond rate is 4.4%. The USA is 4.6%.

 

Investors having more confidence in Australia than the USA is not a good sign. It's fairly unprecedented.

0.2% 

[Jingthing]

31 minutes ago, Mike_Hunt said:

Like?

Trump trashing NATO

 

Trump betraying Ukraine 

 

Trump sucking up to Putin

 

Trump stepping down from leader of the free world to join the autocratic world 

 

Trump voting with North Korea in the UN

 

Trump's tariff war on the world not even based on the other nation's tariffs but stupidly on trade deficits

 

Failing to seek allies in addressing the real China trade problems; instead totally alienating such previous allies

 

Threatening the sovereignty of Panama, Mexico, and Nato members Canada and Denmark 

 

Killing USAID previously a great help with US soft power the effect will be millions of preventable deaths abroad

 

Violating US press freedoms and failure to uphold the US Constitution 

 

A justice system now totally corrupted not working for the people but only for Trump

 

A foreign policy based solely on corrupt financial  benefit for Trump, his family, and billionaire cronies 

 

The American brand under Trump.

 

From Reagan's shimg city on a hill to Trump's steaming pile of horse s.

[Furioso]

2 minutes ago, CallumWK said:

 

 

 

The yields on 30-year Treasury bonds - a proxy for super long-term U.S. government borrowing costs - reached 5.108%, its highest since October 2023 and the 20-year yield hit 5.126%, its highest since November that year.

Ok, you got me. 20 & 30-year bonds at highest level in 18 months. This is a unmitigated disaster. The sky is falling faster than ever.  

[TedG]

2 minutes ago, Jingthing said:

Trump trashing NATO

 

Trump betrayi g Ukraine 

 

Trump sucking up to Putin

 

Trump stepping down from leader of the free world to join the autocratic world 

 

Trump voting with North Korea in the UN

 

Trump's tariff war on the world not even based on the other nation' tariffs but stupidly on trade deficits

 

Failing to seek allies in addressing the real China trade problems; instead totally alienating such previous allies

 

Threatening the sovereignty of Panama, Mexico, and Nato members Canada and Denmark 

 

Killing USAID previously a great help with US soft power the effect will be millions of preventable deaths abroad

 

Violating US press freedoms and failure to uphold the US Constitution 

 

A justice system now totally corrupted not working for the people but only for Trump

 

A foreign policy based solely on corrupt financial  benefit for Trump, his family, and billionaire cronies 

 

The American brand under Trump.

 

From Reagan's shimg city on a hill to Trump's steaming pile of horse s.

 

This is a stupid copy and paste. 

[Mike_Hunt]

7 minutes ago, Jingthing said:

Trump trashing NATO

 

Trump betraying Ukraine 

 

Trump sucking up to Putin

 

Trump stepping down from leader of the free world to join the autocratic world 

 

Trump voting with North Korea in the UN

 

Trump's tariff war on the world not even based on the other nation's tariffs but stupidly on trade deficits

 

Failing to seek allies in addressing the real China trade problems; instead totally alienating such previous allies

 

Threatening the sovereignty of Panama, Mexico, and Nato members Canada and Denmark 

 

Killing USAID previously a great help with US soft power the effect will be millions of preventable deaths abroad

 

Violating US press freedoms and failure to uphold the US Constitution 

 

A justice system now totally corrupted not working for the people but only for Trump

 

A foreign policy based solely on corrupt financial  benefit for Trump, his family, and billionaire cronies 

 

The American brand under Trump.

 

From Reagan's shimg city on a hill to Trump's steaming pile of horse s.

 

How many of these have to do with the US Economy?  

[Mike_Hunt]

8 minutes ago, Jingthing said:

 

 

A foreign policy based solely on corrupt financial  benefit for Trump, his family, and billionaire cronies 

 

 

 

What does this even mean.   Lets talk about it. 

[Mike_Hunt]

9 minutes ago, Jingthing said:

 

 

Trump betraying Ukraine 

 

 

 

 

Is it really the job of the USA to save Ukraine?    Let Europe deal with it. 

[Mike_Hunt]

10 minutes ago, Jingthing said:

 

 

Trump stepping down from leader of the free world to join the autocratic world 

 

 

 

How?

[Mike_Hunt]

10 minutes ago, Jingthing said:

Trump trashing NATO

 

 

The rest of NATO needs to pay their fair share. 

[Mike_Hunt]

11 minutes ago, Jingthing said:

 

 

Trump's tariff war on the world not even based on the other nation's tariffs but stupidly on trade deficits

 

Failing to seek allies in addressing the real China trade problems; instead totally alienating such previous allies

 

 

 

Does the USA have a trade problem with China? 

[Mike_Hunt]

13 minutes ago, Jingthing said:

 

 

Violating US press freedoms and failure to uphold the US Constitution 

 

 

What are you even talking about?