Interest rates: Markets Crash, Interest Rates Fall Down Like Humpty Dumpty

[Dante]

Pomp: Trump deliberately crashed markets to get interest rates down​

Anthony Pompliano speculates US President Donald Trump may be taking matters into his own hands in an attempt to lower interest rates.

People may be on to something, when looking at Trump's history when it comes to finance, debt, and interest rates. Believing he may be using his old family business tactics (after all, using the best words he possesses Trump has disclosed to the world that "I'm a stable genius"), Trump is trying to lower interest rates nationally, is not outside rationality. It might sound crazy, but thinking of Trump's comments on debt... On CBS This Morning Trump told Norah O’Donnell:

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“I’m the king of debt. I’m great with debt. Nobody knows debt better than me...I’ve made a fortune by using debt, and if things don’t work out I renegotiate the debt. I mean, that’s a smart thing, not a stupid thing.”​

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“How do you renegotiate the debt?” O’Donnell followed up.​

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“You go back and you say, hey guess what, the economy crashed,” Trump replied. “I’m going to give you back half.”​

...and he showed no shame, little self-awareness how odd it all sounded. HE usually leaves oyt the parts about bailouts from his father and his seriously yuge inheritance.

The Trump administration may be intentionally creating uncertainty in the stock markets to corner Federal Reserve chair Jerome Powell into lowering interest rates, according to a market commentator. ​

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Doing so increases the likelihood that the US won’t need to refinance around $7 trillion in debt it owes over the next few months, Bitcoin commentator Anthony Pompliano said in a March 10 X post.​

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US President Donald Trump and Secretary of the Treasury Scott Bessent are “taking matters into their own hands; they’re crashing asset prices in an attempt to force Jerome Powell to cut interest rates,” said Pompliano, who serves as the founder and CEO of Professional Capital Management and host of The Pomp Podcast.​

I just can't believe this is something people will defend. Maybe Trump can start to talk about the price of Eggs falling (even though they are still historically high), and keep his base and the media chasing down rabbit holes.

 

[Dante]

Then we have the short term memory issue of the American media and public. We did in our OP mention Trump has an interesting history on this stuff, didn't we? Oh yeah, we did. And here we have his policies and a reality check for former fiscal conservatives and others pushing maga economic theories.


Jan 29, 2017
Matt Viser of the Boston Globe reports on if Trump can appease fiscal conservatives or if he lives up to the name "King of Debt" in the coming weeks.

and...

Post in thread 'Does Donald Trump Still Consider Himself the "King of Debt?"'

Dec 27, 2024

Does Donald Trump Still Consider Himself the "King of Debt?​

Nope... never has....

During CNBC interview over the phone in 2016!

“I am the king of debt, I do love debt,” Trump told CNBC in 2016. “I love debt, I love playing with it.”

Hello?

• Dante

• 

 

[OhPleaseJustQuit]

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Just got my brokerage statement yesterday.

A modest gain over the last month. Better than I expected.


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[Woodznutz]

"The borrower is servant to the lender." Proverbs 22:7,

unless the debt is so huge that the tables are turned. This is likely Trump's strategy with debt.

 

[Dante]

Here we have a video explaining some of it: Humpty Dumpty Nursery Rhyme - Learn From Your Mistakes!



What mistakes did Trump make in his first term and in his family business empire?

 

[Dante]

"The borrower is servant to the lender." Proverbs 22:7,

unless the debt is so huge that the tables are turned. This is likely Trump's strategy with debt.

What was Trump's strategy with debt when he'd have to declare bankruptcy? Would he consider that a win if the USA went the way of Trump University, Trump Vodka...

...Trump Adult Diapers?

 

[Woodznutz]

What was Trump's strategy with debt when he'd have to declare bankruptcy? Would he consider that a win if the USA went the way of Trump University, Trump Vodka...

View attachment 1088386
...Trump Adult Diapers?

America isn't going to go bankrupt. The government will just raise taxes to cover the debt. Trump's tax cuts may not be renewed or fully renewed. That'll help.

 

[Dante]

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Just got my brokerage statement yesterday.

A modest gain over the last month. Better than I expected.


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So you expected disaster because of Trump? thank you.

Wait! It is coming.

And we, the people of the USA, do not have a wealthy daddy to bail us out

Trump Castle Admits Gaming Law Violation​

L.A. Times Archives
April 10, 1991
From Times Wire Services

ATLANTIC CITY, N.J. — The Trump Castle Casino Resort, admitting that a $3.5-million loan from Donald J. Trump’s father violated state gaming laws, has agreed to a $30,000 penalty, officials said Tuesday.

In other developments Tuesday, the developer:

* Announced plans to convert most of New York’s swank Plaza Hotel into luxury condominiums.

* Reached a final agreement on restructuring the debt at his glitzy Taj Mahal casino in Atlantic City.

 

[Dante]

America isn't going to go bankrupt.

Really?

Elon Musk's 'big warning': America will go bankrupt if...

The government will just raise taxes to cover the debt. Trump's tax cuts may not be renewed or fully renewed. That'll help.

 

[Manonthestreet]

America isn't going to go bankrupt. The government will just raise taxes to cover the debt. Trump's tax cuts may not be renewed or fully renewed. That'll help.

why would we need to raise taxes when all kinds of spending is getting zero'd out?

 

[Woodznutz]

why would we need to raise taxes when all kinds of spending is getting zero'd out?

We're still on the hook for $Trillions. DOGE won't make a dent.

 

[Rambunctious]

The market did not crash... and its recovering as we speak.... so wipe your nose and grow up....@Dante

 

[Woodznutz]

Really?

View attachment 1088398

Elon Musk's 'big warning': America will go bankrupt if...

Most of the debt is held by Americans, and the other nations that hold our debt don't want to lose what they have invested.

 

[Woodznutz]

The market did not crash... and its recovering as we speak.... so wipe your nose and grow up....@Dante

It's just a correction followed by bargain basement buying.

 

[dudmuck]

Here we have a video explaining some of it: Humpty Dumpty Nursery Rhyme - Learn From Your Mistakes!



What mistakes did Trump make in his first term and in his family business empire?

 

[Dante]

Most of the debt is held by Americans, and the other nations that hold our debt don't want to lose what they have invested.

You have a crustal ball that speaks to the future?



I can see into the past -- people like you celebrating days before the Big Crash


Bobby McFerrin - Don't Worry Be Happy

 

[Dante]

Family Motto: "Blame somebody else"

 

[Winco]

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Just got my brokerage statement yesterday.

A modest gain over the last month. Better than I expected.


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You are such a FAKE.

Biden's market.....up over 40%...... Your Fake Claim....You lost money
Now, trumps market down 8%, you claim you made money.

I suspect you are LYING.

 

[OhPleaseJustQuit]

You are such a FAKE.

Biden's market.....up over 40%...... Your Fake Claim....You lost money
Now, trumps market down 8%, you claim you made money.

I suspect you are LYING.

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Well, thanks for sharing your opinion.




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[Dante]

It's just a correction followed by bargain basement buying.

Okie dokie


Just a course correction. Bargains! No fallout from a real bankruotcy.