trav @tweeterisimo
nobody / usually @NASAJPL / sometimes @usairforce @SpaceForceDoD / never speaks for employers (here) Los Angeles, CA Joined October 2017-
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“The guacamole, double steak Chipotle burritos loans are your AAA loans. Rock solid. But there’s a bunch of junk-rated McChicken loans packed in here. And if those default at 8%, then the entire bond fails”
“The guacamole, double steak Chipotle burritos loans are your AAA loans. Rock solid. But there’s a bunch of junk-rated McChicken loans packed in here. And if those default at 8%, then the entire bond fails” https://t.co/lvrBsWA3VJ
The Fed never owned MBS prior to '09, then put $2.7 trillion (!) of these assets on its balance sheet, and STILL has almost $2.2 trillion of these assets, 16 years (!) after the financial crisis. It's an outrageous and completely distorting intervention into the housing market.
I don’t care if we can no longer buy tons of cheap clothing and trinkets from Shein and Temu America will be better off with less energy being spent on consumption, storage, and waste management
Yours truly on US income inequality: "In 2020, billionaires' share of GDP was 14.1%. Now, it's 21.1%. The Fed increased the money supply, asset prices went up, & guess who owns the assets? Billionaires." By ignoring the money supply, the Fed is an ENGINE OF INCOME INEQUALITY.
I've said it before, I'll say it again... This is what the pointy tip of industrial warfare looks like. For grins, I CADed up this part. Simple, 2 op, aluminum, can probably make it with tools already in the machine because this is the sort of work I do all day, so I am pretty…
I've said it before, I'll say it again... This is what the pointy tip of industrial warfare looks like. For grins, I CADed up this part. Simple, 2 op, aluminum, can probably make it with tools already in the machine because this is the sort of work I do all day, so I am pretty…
guys I know you don't want to hear this bc consensus is hard and caring is "cringe" etc. but we really need to start believing in stuff again or this whole world is gonna crash and burn
10% tariff
Until this is corrected, populism rages on Imagine the outrage if young people made a run on walkers, wheelchairs, or diabetes medication, then colluded in agreement to only sell them to old people who really need them for a 300% markup
I think if we are gonna let people homeschool their kids, there should be a person who comes out and assesses the parents to make sure they aren't insane or incredibly stupid.
@ChineseEmbinUS Trade talks going well, I take it
@unusual_whales The “well functioning” economy she concocted up was an unsustainable mirage Blow asset bubbles, pop them, and every time we do so, widen the wealth gap and endure recessions that permanently eliminate manufacturing jobs/male American workers, and bury our kids in US debt
BREAKING: US Treasury Secretary Bessent: This was Trump's strategy all along, you might even say he goaded China into a bad position. He told me strategy on Sunday.
I am always for free trade, but I totally get it. President Trump is doing what needs to be done. The other countries have been taking advantage of the US’s decades of benevolence, and they should understand it is a two-way street. Weak leaders like socialist Xi will allow their…
Hadrian CEO @2112Power on tariffs as a tailwind for American manufacturing.
How about those millennials tho ..this is their 4th once in a life time crashes.
This. The options are -- 1. Managed decline and we enter a new unipolar world with China at the helm 2. While US is still dominant, force a multipolar world and play games to make nations pick sides #2 is the choice. EU and CAN perfectly fine with #1, btw.
This. The options are -- 1. Managed decline and we enter a new unipolar world with China at the helm 2. While US is still dominant, force a multipolar world and play games to make nations pick sides #2 is the choice. EU and CAN perfectly fine with #1, btw.

Big Al @BIGbadBEARinger
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REINDUSTRIALIZE SUMMI... @reindsummit
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