Brace For Impact
A growing chorus is concerned about the read-through of a prospective GOP election sweep for US fiscal policy, bond yields and inflation.
Those concerns aren't confined to Donald Trump's many critics. The worry, in a nutshell, is that between sweeping new tariffs, curbs on immigration and unproductive tax cuts, a unified Republican government might reverse whatever progress America's made in the inflation fight while simultaneously underscoring the worst fears of those inclined to fret over def
In all fairness, Biden is not running on the promise of fiscal austerity either. Who cares anyway?? America can’t default on debt issued in their own currency…right?
I would rather vote for a squirrel to run our country over the two current choices. I’m sure America’s Liz Truss moment is right around the corner.
I care. One of the things about this site, The Heisenberg Site, is that I am never sure of the generational viewpoint. I am nearer to the end of the generational spectrum here. I care.
we, my generation did care and while individuals and generations may be culpable it is undoubtedly true that many do care about the future trajectory of the country. That people become apathetic in the face of turbulence is simply SOP.
…this comment aged well. I might go in my backyard and see if any squirrels are up for the task.
Northwest, the comment about “who cares anyway” is sarcastic and points out something H talks about all the time. America cannot “default” on debt issued in their own currency.
How did a convicted felon become a coin toss away form becoming president, who might very well make these decisions? All I can think of is his ability to transmit information about things that do not really exist – larger numbers of people buying into myth is the norm for mankind, sadly. OH, and I include myself as I believe in freedom and free markets, HA. Enjoyed the article…
Red sweep? Not gonna happen.
I think it is highly likely Powell will be replaced before the end of his term once Trump assumes the presidency, we are about to witness the fast and furious dismantling of what is left in US institutions and the rule of law. I know this sounds extreme to many, most of my well adjusted liberal friends think I am an alarmist, I hope they end up being right, I doubt it and I’m in full prep to do my own personal USexit. I recently got an EU country passport, not cheap but a good investment in my book. I witnessed the destruction of my birth country after half a century of democracy at the hands of a populist, I have seen this movie before, the ending sucks.
I have really been appreciating the election coverage on this site. Best coverage i’ve seen anywhere.
What is the evidence upon which the markets are betting on a trump victory or a Republican sweep? Is it the same type of reasoning that had people factoring in four or six rate cuts in 2024? Is it based on the polls- those same polis that depend on people answering their phones?
USA (America), born (officially) 1789, died 2024; lived a very modest and uneasy 235 years. As the saying says, the good die young. This experiment failed because it went against man’s inner nature and required us to actually live up to our promises. Not enough will be sad but many of the “winners” will soon be surprised. Hell is much, much larger than heaven.
I’m still ashamed Trump got elected the first time….