mixed_biscuits

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@mixed_biscuits @hmg what you make of this?
Reads like an even-handed overview. One thing I'd add is that, although the Trump admin is brusque and likes creating volatile situations, they are not hawks so that is a welcome limit to their breaking things.
 

Mr. Tea

Let's Talk About Ceps
Brought to you by the Prince of Peace:


A ramped-up US bombing campaign on Yemen has killed civilians and brought further destruction and uncertainty to the poorest country in the Middle East, compounding an already dire situation after Donald Trump cut aid, according to local people, humanitarian workers and rights groups.

“Now the rampant bombing has started, you never know which way things will go,” said Siddiq Khan, who works as a country director in Yemen for the aid charity Islamic Relief.
 

luka

Well-known member
Am interested to see to what extent trump can defy the markets if they move decisively against him.

It happened with truss and she has the same first three letters of her name which could prove to be significant.

Brexit was basically fine, no major disruption there so we never had to backtrack. Maybe tarrifs will be a similar storm in a teacup
 

wg-

°
It is fucking hilarious that they've used a load of daft AI equations to put tariffs on Penguins and are tanking the world economy as a result
 

wg-

°
Tbh I was really hungover yesterday so didn't really realise just how bad it got

The FT email this morning says it wiped 2.5 trillion off Wall Street value. Incredible work honestly
 

Mr. Tea

Let's Talk About Ceps
The FT email this morning says it wiped 2.5 trillion off Wall Street value. Incredible work honestly

Does this make Trump the most successful anti-capitalist of all time?

Eat your hearts out, Marx, Lenin and Mao!
 

hmg

Victory lap
Yes and no. Anti Casino/hyperfinancialized capitalism, Pro classic capitalism. It helps if you look at it as the first move in a redistribution of wealth away from boomers and their portfolios towards people of working age and manufacturers.
 

wg-

°
Surely what it really means is yank Austerity and reduction in middle class spending ability, but this time with no covid excuses
 

version

Well-known member
1989

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Murphy

cat malogen
Got the day off in the sun in t’Dales, didn’t have to be back til midnight, insane how much bandwidth the man takes up

Fwiw he seems to be starting to look and sound genuinely decrepit, don’t mean the weight but a slight frailty wobble to the voice and not an obvious dementia but a micro-hesitancy when public speaking is present and if it gets worse it’ll become obvious to anyone

18 months more, say, dunno Donny’s made up for lack of booze with shit food, not that such matters now an heir stands in place with Vance as Maga 2.0
 

Mr. Tea

Let's Talk About Ceps
Hmg's "maybe it's a good thing after all" response to Trump tanking the global economy, and basically everything else he's done so far, reminds me of an old physics joke:

An experimentalist excitedly rushes into his theorist colleague's office and shows him a print-out of his latest results. The theorist looks at the graph, strokes his chin for a moment, then says "Hmm, yes, this peak here is just what you'd expect as a result of the second-order Bohr resonance of the..." when the experimentalist cuts in with "Oh, sorry, I've given to you upside-down."

So the theorist rotates the paper, thinks a bit more, then says "Ahh, well now, this big trough here is obviously due to an enhanced absorption of the..."
 

Mr. Tea

Let's Talk About Ceps
Haha, yeah, I'm the stupid one here. Unlike you, the galaxy-brain who understands that Trump, who recently launched his own shitty "memecoin", opposes "Casino/hyperfinancialized capitalism".
 
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