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

[Mike_Hunt]

13 minutes ago, Jingthing said:

 

 

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

 

 

 

What?

[still kicking]

50 minutes ago, Jingthing said:

America actually is a brand.

Not surprised that you don't know that.

 

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

 

MAGAS don't know a lot

[Fat is a type of crazy]

7 minutes ago, Mike_Hunt said:

 

What does this even mean.   Lets talk about it. 

Well tariffs are well known as being a quick and easy way to corruption. Look at countries fast tracking things Trump wants

There's the plane.

There's the crypto with many overseas investors who are now getting one on one  meetings based on their investment which has made him  huge gains 

There's the family following dad around the middle east following up on business deals 

I mean jeez Mike are you happy with all this? 

[Mike_Hunt]

2 minutes ago, still kicking said:

MAGAS don't know a lot

 

Show us how smart you are. 

[Mike_Hunt]

1 minute ago, Fat is a type of crazy said:

Well tariffs are well known as being a quick and easy way to corruption. Look at countries fast tracking things Trump wants

There's the plane.

There's the crypto with many overseas investors who are now getting one on one  meetings based on their investment which has made him  huge gains 

There's the family following dad around the middle east following up on business deals 

I mean jeez Mike are you happy with all this? 

 

Tariffs are corruption?  Really? 

[candide]

29 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.

A ranked comparison below.

https://tradingeconomics.com/bonds

[gamb00ler]

33 minutes ago, Mike_Hunt said:

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

That's true but with the Chaos Team in charge any hope of proper management of the debt crisis has disappeared.

[Fat is a type of crazy]

Just now, Mike_Hunt said:

 

Tariffs are corruption?  Really? 

Yes Mr Jingthing posted a good summary from Fareed Zakaria explaining this. Google tariffs and corruption - it's quite interesting - many articles to peruse

[Fat is a type of crazy]

4 minutes ago, Mike_Hunt said:

 

Tariffs are corruption?  Really? 

Now if the leader in control was trustworthy and treated everything at arms length, rather than taking a personal interest and applying them seemingly randomly, there is the scope for tariffs not to be corrupt of course but .. 

[Jingthing]

14 minutes ago, Mike_Hunt said:

 

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

US brand.

All related.

It's in the toilet. 

Brand is trash and the world wants much less US stuff including dollars, bonds, a ND stocks.

[Mike_Hunt]

Just now, Fat is a type of crazy said:

Now if the leader in control was trustworthy and treated everything at arms length, rather than taking a personal interest and applying them seemingly randomly, there is the scope for tariffs not to be corrupt of course but .. 

 

Did you take issue with Joe Biden's applying tariffs? 

[Mike_Hunt]

3 minutes ago, Fat is a type of crazy said:

Yes Mr Jingthing posted a good summary from Fareed Zakaria explaining this. Google tariffs and corruption - it's quite interesting - many articles to peruse

 

When Joe Biden put a 100% tariff on cars from China, was that corruption? 

[Mike_Hunt]

1 minute ago, Jingthing said:

US brand.

All related.

It's in the toilet. 

Brand is trash and the world wants much less US stuff including dollars, bonds, a ND stocks.

 

I'm sorry, largest issue the USA faces are the debt and deficit.   Your dems have their fingers all the debt and deficit. 

[Fat is a type of crazy]

Just now, Mike_Hunt said:

 

Did you take issue with Joe Biden's applying tariffs? 

Tariffs can play a role of course as I said but you have to look at the circumstances , the outcomes - I have no information to say Biden used them corruptly .. what I can say is there is a well documented history of corruption with tariffs and Trumps actions to date don't give me confidence his aims are purely altruistic .. 

The crypto alone is bizarre - I think one day all people may wake up .. even the Trump fans and say .. hey that was a step too far

[Fat is a type of crazy]

4 minutes ago, Mike_Hunt said:

 

I'm sorry, largest issue the USA faces are the debt and deficit.   Your dems have their fingers all the debt and deficit. 

Do you support the big beautiful bill

[Mike_Hunt]

1 minute ago, Fat is a type of crazy said:

Tariffs can play a role of course as I said but you have to look at the circumstances , the outcomes - I have no information to say Biden used them corruptly .. what I can say is there is a well documented history of corruption with tariffs and Trumps actions to date don't give me confidence his aims are purely altruistic .. 

The crypto alone is bizarre - I think one day all people may wake up .. even the Trump fans and say .. hey that was a step too far

 

Biden's tariffs are corrupt. 

[nauseus]

51 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.

 

Thanks. The bond yield issue is of course strongly linked to the debt repayment problem, with a resulting loss of confidence in US debt.

[Cameroni]

Didn't you kick up the same fuss when the S&P corrected, only to find it back to the same level within days?

 

Moody's going from AAA to AA1 does not seem like the end of the world.

[save the frogs]

12 hours ago, Jingthing said:

America actually is a brand.

Not surprised that you don't know that.

 

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

 

 

Yes, but fortunately Paul Simon is also part of America's brand.

And Trump doesn't have a monopoly on America's brand, unless you decide in your own mind and focus on him 24/7, which is what you're doing. 

 

 

[TedG]

15 minutes ago, nauseus said:

 

Thanks. The bond yield issue is of course strongly linked to the debt repayment problem, with a resulting loss of confidence in US debt.

I'm glad the Democrats are collaborating with Republicans to address the entitlement problem.

[candide]

12 minutes ago, save the frogs said:

 

Yes, but fortunately Paul Simon is also part of America's brand.

And Trump doesn't have a monopoly on America's brand, unless you decide in your own mind and focus on him 24/7, which is what you're doing. 

 

 

I'm not sure Trump would agree with your statement...🤣

[TedG]

44 minutes ago, gamb00ler said:

That's true but with the Chaos Team in charge any hope of proper management of the debt crisis has disappeared.

 

Everyone disappeared a long time ago.  They cried about the 2% sequester in the 2011 budget act.   

[Quentin Zen]

Soon, Baht parity with the dollar.  yes, 1:1.   Oh, no, gloom and doom!!!

 

OK, 60 Baht to 1 dollar, then gloom and doom in Thailand.  We live here, not there, but we all have USD.  Hmmm....

 

Now, the GDP of America is like 20 Trillion USD (not sure, but it's a lot and it's a MAGNITUDE higher than 99% of other countries).

 

If America gets sick, most countries die.  not get sick, die.  We've seen it.  Then America swoops in, buys distressed debt, owns them.  

 

For many, many decades I've read all this stuff......it's all relative.  If the 1000 billion ton Elephant gets sick and falls on some ant......lol  

 

Real estate up 100% in like a decade.  Stock market up like 100% or more.  sure, food up.  jobs paying more, but not enough.  this is not a sick Elephant, yet...

 

and if the Dow goes down 20%, USA will be Wuhan times 100.  lol

 

the gloom and doomers are the jealous ones.......the ones that want the Earth to explode.  Sun die.  prob. loved Covid.  the ones who told their friends they are the dumbest person in the world for buying that house for $59k as they run off to LOS to escape the man.  The house is now 4.5 million and still the gloom and doom is coming for them.  lol

[NanLaew]

1 hour ago, Mike_Hunt said:

 

 

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

 

Oops.... looks like we have a new student in the geopolitical classroom.

[jvs]

1 hour ago, TedG said:

How much does a billionair make income? 

What ever he tells his accountant.

[jas007]

2 hours 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."

News Flash: The sky is not falling. Or, whatever the problem, it has been a problem for years. The mainstream media wants so desperately to characterize a little bond market volatility as the end of the world.  But really?  Anyone with an IQ above room temperature has known the story for a long time.

 

The Moody's downgrade? A political hit piece.  No once cares. It's not news, except to the people who don't know what's what. 

 

Is trouble brewing in the bond market? Perhaps, but what else is new? 

 

More trouble ahead? Sure. But it's not the end of the world and it's no big secret that every central bank in the world is playing the same game. A race to the bottom. Lower interest rates, lower interest rates, lower interest rates. More money printing. The "solution" for every problem. 

 

And for what it's with, the US debt to GDP ratio is pretty much normal.   

 

What's the outcome? Short term, who knows, but I'm not losing any sleep over it all.  

 

Look for more inflation, a slowing economy, and a Fed that doesn't know what to do, but at the end of the day will cave in and protect the banks. They can't raise rates. The banks can't afford it. 

 

 

 

[nauseus]

9 minutes ago, Quentin Zen said:

Soon, Baht parity with the dollar.  yes, 1:1.   Oh, no, gloom and doom!!!

 

OK, 60 Baht to 1 dollar, then gloom and doom in Thailand.  We live here, not there, but we all have USD.  Hmmm....

 

Now, the GDP of America is like 20 Trillion USD (not sure, but it's a lot and it's a MAGNITUDE higher than 99% of other countries).

 

If America gets sick, most countries die.  not get sick, die.  We've seen it.  Then America swoops in, buys distressed debt, owns them.  

 

For many, many decades I've read all this stuff......it's all relative.  If the 1000 billion ton Elephant gets sick and falls on some ant......lol  

 

Real estate up 100% in like a decade.  Stock market up like 100% or more.  sure, food up.  jobs paying more, but not enough.  this is not a sick Elephant, yet...

 

and if the Dow goes down 20%, USA will be Wuhan times 100.  lol

 

the gloom and doomers are the jealous ones.......the ones that want the Earth to explode.  Sun die.  prob. loved Covid.  the ones who told their friends they are the dumbest person in the world for buying that house for $59k as they run off to LOS to escape the man.  The house is now 4.5 million and still the gloom and doom is coming for them.  lol

 

That reminds me, I must fix the leak in the dunny, mate.

[Mike_Hunt]

5 minutes ago, NanLaew said:

 

Oops.... looks like we have a new student in the geopolitical classroom.

 

Opps..it sounds like you have nothing to offer. 

[BLMFem]

59 minutes ago, Mike_Hunt said:

 

Biden's tariffs are corrupt. 

President Biden's tariffs on Chinese EVs had broad bipartisan support. Trump's blanket tariff s*** show and subsequent (oh so predictable) flip-flopping did not.

[BangkokReady]

2 hours ago, Mike_Hunt said:

2 hours 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.

 

They basically have nothing, but they're so used to living in an echo chamber where shouting "<deleted> Donald Trump" garners a standing ovation that they don't even realise.

 

What's funny is how smarmy and cocky they are.  "Huh!  Take your pick, there's so many...  Here are three things that are literally just my opinion on the character of Donald Trump.  Need more?!!"  And they actually think that they've made a point.