The Economy

[MajorRewrite]

The unsurprising correlation between union membership and income inequality.

 

[DeluxAuto]

This is the type of bullshit that should get this entire failed administration impeached.

MAGAts will only see the pretty color colors and the yuge green bar.

 

[heathrowinneo]

View attachment 2594844

This is the type of bullshit that should get this entire failed administration impeached.

MAGAts will only see the pretty color colors and the yuge green bar.

hmm it also lacks perspective in terms of cost. american steel is more expensive to produce. many that find the chart pretty and informative lack comparative and competitive advantage analysis

 

[nowisthetime]

He's ruined the economy, he can't do anything right but leech off people.

 

[nowisthetime]

Many millennials, Genz and to an extent Gen X are stuck in soul sucking jobs because the job market today is terrible. That's one thing that is literally not talked about. This demented delusional orange creature talking about "the economy is great". So out of touch.

 

[Buffalogurl]

Apparently China is dumping 680 billion dollars in treasures......
The Fed chairman is scheduled to make an emergency announcement at 10:50 est....
Film at 11....

 

[drobert44]

Apparently China is dumping 680 billion dollars in treasures......
The Fed chairman is scheduled to make an emergency announcement at 10:50 est....
Film at 11....

Sounds serious

 

[ll74]

Apparently China is dumping 680 billion dollars in treasures......
The Fed chairman is scheduled to make an emergency announcement at 10:50 est....
Film at 11....

Our President gave China a gift.

 

[RobDownSouth]

Apparently China is dumping 680 billion dollars in treasures......
The Fed chairman is scheduled to make an emergency announcement at 10:50 est....
Film at 11....

Your message is garbled.

China is teaching Trump a lesson. It is dumping American long term treasury bonds onto the spot market, essentially saying "no reasonable offer refused".

China is winding down TO a level of 680 billion dollars held in American long term treasury bonds. They are NOT selling 680 billion in bonds.

They are taking the money they receive from selling these bonds and investing it in physical gold ingots, one of the few forms of value not subject to the whims of the Trump adminstration's scattershot tariff policies against China (i.e...."today we are announcing a 200% punative tarriff on...let's see....RAMEN NOODLES! and HULA HOOPs! and...um, PEANUT BUTTER!").

This helps to stabilize the Chinese economy in the short term, and also has the desired effect of crippling the American home mortgage market.....flooding treasuries on to the market means the US treasury must raise interest rates to make them appealing to investors (hedge funds mostly). High interest rates cripple home buying, driving more people out of the market who would rather defer buying a home than pay outlandish rates.

Just in time for the mid-term Congressional elections! Congress will pay the price for failing to reign in the demented out-of-control "emergency tariffs" that Trump placed.

Actions have consequences.

 

[heathrowinneo]

Your message is garbled.

China is teaching Trump a lesson. It is dumping American long term treasury bonds onto the spot market, essentially saying "no reasonable offer refused".

China is winding down TO a level of 680 billion dollars held in American long term treasury bonds. They are NOT selling 680 billion in bonds.

They are taking the money they receive from selling these bonds and investing it in physical gold ingots, one of the few forms of value not subject to the whims of the Trump adminstration's scattershot tariff policies against China (i.e...."today we are announcing a 200% punative tarriff on...let's see....RAMEN NOODLES! and HULA HOOPs! and...um, PEANUT BUTTER!").

This helps to stabilize the Chinese economy in the short term, and also has the desired effect of crippling the American home mortgage market.....flooding treasuries on to the market means the US treasury must raise interest rates to make them appealing to investors (hedge funds mostly). High interest rates cripple home buying, driving more people out of the market who would rather defer buying a home than pay outlandish rates.

Just in time for the mid-term Congressional elections! Congress will pay the price for failing to reign in the demented out-of-control "emergency tariffs" that Trump placed.

Actions have consequences.

Congress pays one price. Unfortunately the American public will be paying for these irrational and unstable policies for a generation or two. Trump has given China the impetus to grow, at our expense.

The cuts the administration made last year in r&d, infrastructure, energy only has set us back, to 1890.

 

[Buffalogurl]

Your message is garbled.

China is teaching Trump a lesson. It is dumping American long term treasury bonds onto the spot market, essentially saying "no reasonable offer refused".

China is winding down TO a level of 680 billion dollars held in American long term treasury bonds. They are NOT selling 680 billion in bonds.

They are taking the money they receive from selling these bonds and investing it in physical gold ingots, one of the few forms of value not subject to the whims of the Trump adminstration's scattershot tariff policies against China (i.e...."today we are announcing a 200% punative tarriff on...let's see....RAMEN NOODLES! and HULA HOOPs! and...um, PEANUT BUTTER!").

This helps to stabilize the Chinese economy in the short term, and also has the desired effect of crippling the American home mortgage market.....flooding treasuries on to the market means the US treasury must raise interest rates to make them appealing to investors (hedge funds mostly). High interest rates cripple home buying, driving more people out of the market who would rather defer buying a home than pay outlandish rates.

Just in time for the mid-term Congressional elections! Congress will pay the price for failing to reign in the demented out-of-control "emergency tariffs" that Trump placed.

Actions have consequences.

Well, the sell off/unwinding doesn't include State held treasures just the banks in China..... and yes they Chinese are in effect hoarding gold (it is real money)...... yet this "challenge" actually began back in 2022....
Those of us holding actual physical metals will be least affected when the US dollar is abandoned by the rest of the world
One very prominent event at the present is the mechanics of how the Chinese, the Hindus and the Russians trade oil, gold and silver outside of the swift system....thus avoiding the sanctions that were levied against Russia under the Biden crime regime that are still in effect.....
The US dollar will be abandoned as the world's reserve currency, the replacement is the BRICS....for those without egos and fixation on blaming politics (sure politics has an effect, yes).... but greed and power drive the world's manipulated economy....this will end abruptly. It's starts in Japan, spreads to Germany, about 2 weeks in to this the contagion will destroy the US economy, dollar and your 401k, trust funds, other retirement funding, gov social programs and a large number of to big to fail banks..... fuck'em......hope it's painful.... hope they starve.......
I have absolutely no compassion for the filthy slime that runs the CME or the LME.....I will sleep well knowing they jumped from their office windows in anguisht because they have become destitute thus ridding the world of the money changers....

 

[ll74]

Well, the sell off/unwinding doesn't include State held treasures just the banks in China..... and yes they Chinese are in effect hoarding gold (it is real money)...... yet this "challenge" actually began back in 2022....
Those of us holding actual physical metals will be least affected when the US dollar is abandoned by the rest of the world
One very prominent event at the present is the mechanics of how the Chinese, the Hindus and the Russians trade oil, gold and silver outside of the swift system....thus avoiding the sanctions that were levied against Russia under the Biden crime regime that are still in effect.....
The US dollar will be abandoned as the world's reserve currency, the replacement is the BRICS....for those without egos and fixation on blaming politics (sure politics has an effect, yes).... but greed and power drive the world's manipulated economy....this will end abruptly. It's starts in Japan, spreads to Germany, about 2 weeks in to this the contagion will destroy the US economy, dollar and your 401k, trust funds, other retirement funding, gov social programs and a large number of to big to fail banks..... fuck'em......hope it's painful.... hope they starve.......
I have absolutely no compassion for the filthy slime that runs the CME or the LME.....I will sleep well knowing they jumped from their office windows in anguisht because they have become destitute thus ridding the world of the money changers....

Dear Lord you spew such stupid

 

[Buffalogurl]

Your message is garbled.

China is teaching Trump a lesson. It is dumping American long term treasury bonds onto the spot market, essentially saying "no reasonable offer refused".

China is winding down TO a level of 680 billion dollars held in American long term treasury bonds. They are NOT selling 680 billion in bonds.

They are taking the money they receive from selling these bonds and investing it in physical gold ingots, one of the few forms of value not subject to the whims of the Trump adminstration's scattershot tariff policies against China (i.e...."today we are announcing a 200% punative tarriff on...let's see....RAMEN NOODLES! and HULA HOOPs! and...um, PEANUT BUTTER!").

This helps to stabilize the Chinese economy in the short term, and also has the desired effect of crippling the American home mortgage market.....flooding treasuries on to the market means the US treasury must raise interest rates to make them appealing to investors (hedge funds mostly). High interest rates cripple home buying, driving more people out of the market who would rather defer buying a home than pay outlandish rates.

Just in time for the mid-term Congressional elections! Congress will pay the price for failing to reign in the demented out-of-control "emergency tariffs" that Trump placed.

Actions have consequences.

One more item, China is not teaching the US a lesson...China is fighting an asymmetrical world war against the United States.....United States now (for all intents and purpose) controls Venezuelan oil....2nd if talks fail today and tomorrow regarding Iran, all indicators point to a war against Iran, the tribe will begin the attack followed up by US Air, navel and ground forces to over run the diaper heads and seize control of Iranian oil and gas fields, thus denying the Chinese Iranian oil...this entire shit storm is about the war with China, without going nuclear.....

 

[Buffalogurl]

Dear Lord you spew such stupid

Feel free not to read it

 

[ll74]

One more item, China is not teaching the US a lesson...China is fighting an asymmetrical world war against the United States.....United States now (for all intents and purpose) controls Venezuelan oil....2nd if talks fail today and tomorrow regarding Iran, all indicators point to a war against Iran, the tribe will begin the attack followed up by US Air, navel and ground forces to over run the diaper heads and seize control of Iranian oil and gas fields, thus denying the Chinese Iranian oil...this entire shit storm is about the war with China, without going nuclear.....

"Controls Venezuelan oil"

What does that mean?

 

[ll74]

Feel free not to read it

I read everything, dip shit. You carry more water for Putin than anyone I read online

 

[Buffalogurl]

I read everything, dip shit. You carry more water for Putin than anyone I read online

Thank you......

 

[MajorRewrite]

Consumer spending wobbles …

US retail sales unexpectedly flat in December

U.S. retail sales were unexpectedly unchanged in December, putting consumer spending and the overall economy on a slower growth path heading into the new year.

The flat reading in ‌retail sales last month followed an unrevised 0.6% increase in November, the Commerce Department's Census ‌Bureau on Tuesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, would rise by 0.4%.

Retail sales excluding automobiles, gasoline, building materials and food services fell 0.1% in December after a downwardly revised 0.2% gain in November. These so-called core retail sales correspond most closely with the consumer spending component of ⁠gross domestic product.

 

[ll74]

Thank you......

Lol
Indeed

Not even a denial

 

[DeluxAuto]

Trump's tariffs cost American households $1,000 last year: Research group
The Tax Foundation said the cost may be even higher in 2026

You fucking idiots.

 

[Meekly_Anna]

Venezuelan oil is nearly worthless. It's full of tar and needs to be thinned to be transported. No one needs that stuff.
There's a reason why most API cronies are definitely not over the moon for the possibility to explorate it.

 

[Buffalogurl]

Venezuelan oil is nearly worthless. It's full of tar and needs to be thinned to be transported. No one needs that stuff.
There's a reason why most API cronies are definitely not over the moon for the possibility to explorate it.

Actually Venezuelan crude is more valuable than you may believe, Venezuelan crude is well suited to the manufacture af plastics, that China heavily relies on for their industries, also China has no environmental concerns that restrict most of the civilized world adheres to, the Chinese refineries are designed to us the heavy crude.... they just dump the undesirable components in the "river"
In addition to the plastics industry the heavy crude is valuable as "bunker oil" which is nearly solid and requires heating to be used in the massive diesel engines used in blue water shipping....

 

[ll74]

Actually Venezuelan crude is more valuable than you may believe, Venezuelan crude is well suited to the manufacture af plastics, that China heavily relies on for their industries, also China has no environmental concerns that restrict most of the civilized world adheres to, the Chinese refineries are designed to us the heavy crude.... they just dump the undesirable components in the "river"
In addition to the plastics industry the heavy crude is valuable as "bunker oil" which is nearly solid and requires heating to be used in the massive diesel engines used in blue water shipping....

Venezuelan oil isn't more valuable than other oil.

It's more expensive due to risk.

 

[Meekly_Anna]

Actually Venezuelan crude is more valuable than you may believe, Venezuelan crude is well suited to the manufacture af plastics, that China heavily relies on for their industries, also China has no environmental concerns that restrict most of the civilized world adheres to, the Chinese refineries are designed to us the heavy crude.... they just dump the undesirable components in the "river"
In addition to the plastics industry the heavy crude is valuable as "bunker oil" which is nearly solid and requires heating to be used in the massive diesel engines used in blue water shipping....

Reasonable countries are increasingly restricting the use of this slop. Apart from that, you're wrong. The stuff has to be refined before it can be used, otherwise it will destroy engines within a short time.
And yes, knowing about this kind of thing is part of my profession.
I could go on, but what's the point?
The stuff is almost worthless. Incidentally, US refineries can't process it. They are designed for Canadian crude oil. The conversion would cost billions. Per refinery.

 

[Buffalogurl]

Reasonable countries are increasingly restricting the use of this slop. Apart from that, you're wrong. The stuff has to be refined before it can be used, otherwise it will destroy engines within a short time.
And yes, knowing about this kind of thing is part of my profession.
I could go on, but what's the point?
The stuff is almost worthless. Incidentally, US refineries can't process it. They are designed for Canadian crude oil. The conversion would cost billions. Per refinery.

Of course the "slop" needs to be refined before it can be used, that's what the Chinese do...and they don't care about environmental issues, they are the Chinese after all......
No, what is remaining of our refineries will not ever be converted to process the stuff...too expensive to retrofit and environmental issues as well .....just for your information I was part of the petroleum industry as well...
What I was trying to convey is the control of the " slop" is for all intents and purpose under the US umbrella...
The entire operation in Venezuela and now in iran is to thwart the Chinese and pin them down, also using the gullible and hapless Ukrainians to bleed out and weaken the Russians is also designed to stop the Chinese....and finally to keep( this is the most important item) the US dollar as the predominant, Petro-dollar... above all else..... and to do this without triggering a nuclear exchange......these people are unbelievably ruthless and cunning.....
Not being snarky but ya want to unclude all bits of the "puzzle" to understand the seemingly random shit the feds do...
Film at 11....