I really, really, hope that part of the anacyclosis is next. The most entertaining part of the destruction of a democracy.
I made several thousand on the "repeal" yesterday. Put some spare cash in on the slight gamble that this was all about greed from trump a few days ago. Got out yesterday.
Put some money in over the next 90 days until he repeats this all over again, which he will, and if the stupid markets respond that way again buy after a couple of days of the drop. This moron is extremely predictable.
He's crashing our economy to manipulate the market and gain for himself. Just the most evil, corrupt, callous, and destructive way to con money that's ever been done by a government official in the US in history. And it's the president and the entire Republican party doing it together. This country is fucked beyond repair, and "we the people" pulled the trigger.
I haven't checked the rates on the US Treasury bond market in the last couple of days, but during the tariff manipulation drop of several thousand points, the interest rates on long term US securities went up. Quite a bit. I'm not a historian on US bond rates, but I'd imagine that's the first time in a long time that's happened.
The trump antics have ruined the US Treasury note as the gold standard in government securities around the world. No longer will countries around the globe park their money in large quantities at the lowest rates in the stability of US debt. The US notes will now have to offer higher and higher rates to entice buyers of our debt like we're fucking Cambodia or some other unreliable 3rd world shithole. Because we now are exactly that.
Janet Yellen called this the worst self inflicted wound in the history of the US. For a country that runs a deficit in the $$$Trillions annually? A country whose president and ruling party are about to extend tax cuts on the rich again? This is economic disaster. This is the economic equivalent of getting hydrogen bombed. We will not be able to fund this debt going forward if this trajectory keeps up, and trump will start printing money. Which we should all know how that goes.