Will Trump be Re-elected?

[dualstow]

Ah, thank you. The last time I looked, I couldn't view it at all. Didn't know it was temporary.

[Cortopassi]

I'm sure we'd all love negative rates right? The bonehead is the one who is tweeting and will lose more and more retirees if interest income becomes an expense!

[Ad Orientem]

I'm sure we'd all love negative rates right? The bonehead is the one who is tweeting and will lose more and more retirees if interest income becomes an expense!

Please excuse the language but sometimes you need to call a shovel a shovel. Donald Trump is a fucking idiot. And a dangerous one at that.

[Kriegsspiel]

I get why governments want negative interest rates, but I don't like them. Disagree with Trumpus Magnus here.

[Ad Orientem]

He is talking about arbitrarily hammering down interest rates by FED decree to zero or negative. AND he wants to refinance our debt like it's some kind of chapter 11 corporate bankruptcy. Stating what I assume everybody on this forum knows, US sovereign debt is not negotiable. It's a cast iron contract. If any of the things he is discussing were attempted it would spark a global financial crisis that would make 2008 look like a walk in the park.

The man is a functionally illiterate knave.

[Kriegsspiel]

He is talking about arbitrarily hammering down interest rates by FED decree to zero or negative. AND he wants to refinance our debt like it's some kind of chapter 11 corporate bankruptcy.

I think by "start to refinance our debt. . . while at the same time substantially lengthening the term" he's saying that we'd start issuing negative interest rate Treasuries at longer maturities than 30 years. Not that once the Fed lowers interest rates below 0% we would call in every (non-callable) Treasury and tell people to buy them and pay us for the privilege.

What a sickening thought. I wouldn't be paying anyone to lend them money, that's for sure.

[dualstow]

Trumpus Magnus

[stuper1]

I'm sure we'd all love negative rates right? The bonehead is the one who is tweeting and will lose more and more retirees if interest income becomes an expense!

Please excuse the language but sometimes you need to call a shovel a shovel. Donald Trump is a fucking idiot. And a dangerous one at that.

Then he’s the luckiest man in the world.

Exactly. I don't get people who call him an idiot. For Pete's sake, he managed to get himself elected despite being opposed by every media outlet imaginable. His net worth is debatable, but certainly hundreds of times higher than my own. If you don't like his policies, fine, just state what you think he should do. But to call him an idiot is laughable to me, unless you're just using that as a general pejorative and not actually questioning his intelligence.

[Libertarian666]

He is talking about arbitrarily hammering down interest rates by FED decree to zero or negative. AND he wants to refinance our debt like it's some kind of chapter 11 corporate bankruptcy. Stating what I assume everybody on this forum knows, US sovereign debt is not negotiable. It's a cast iron contract. If any of the things he is discussing were attempted it would spark a global financial crisis that would make 2008 look like a walk in the park.

The man is a functionally illiterate knave.

What about when the US defaulted on its debt in the 1930's? Was that a cast iron contract too?

[flyingpylon]

What I don’t understand is why even after 3 years, some people continue to take everything he says at face value. So much of Trump’s communication is simply posturing to eventually arrive at something more realistic or reasonable.

[ochotona]

It's all posturing and tough talk until he wimps out / gives away the store to the adversary without getting anything in return for us.

[Libertarian666]

It's all posturing and tough talk until he wimps out / gives away the store to the adversary without getting anything in return for us.

Got an example?