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PhazonLink
Jul 17, 2010

Lol at the Merican education system. Remember when McD tried to sell 1/3 pound burgers and Mericans though 1/4 pound burgers were more.

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Mooseontheloose
May 13, 2003

It angers me so much to know that the internet libertarian brigade will gloom to the Pauls. They never cared about people's "rights" they just care about power and killing minorities and drugs.

coffeetable
Feb 5, 2006

TELL ME AGAIN HOW GREAT BRITAIN WOULD BE IF IT WAS RULED BY THE MERCILESS JACKBOOT OF PRINCE CHARLES

YES I DO TALK TO PLANTS ACTUALLY
https://twitter.com/zerohedge/status/1076962055876501504

https://twitter.com/WallStCynic/status/1076963380164988930

https://twitter.com/IvanTheK/status/1076961292546658307

https://twitter.com/ReformedBroker/status/1076962561562759168

https://twitter.com/BCAppelbaum/status/1076963521886388225

coffeetable fucked around with this message at 23:49 on Dec 23, 2018

coffeetable
Feb 5, 2006

TELL ME AGAIN HOW GREAT BRITAIN WOULD BE IF IT WAS RULED BY THE MERCILESS JACKBOOT OF PRINCE CHARLES

YES I DO TALK TO PLANTS ACTUALLY
it's not actually called the plunge protection team, sorry

https://twitter.com/IvanTheK/status/1076967921900027905

Katt
Nov 14, 2017

Rent-A-Cop posted:

Let's fuckin do it. I've always wanted to see a mushroom cloud.

We need a new one. All video games replaying slight edits of the same test is getting old.

Katt
Nov 14, 2017

coffeetable posted:

it's not actually called the plunge protection team, sorry

https://twitter.com/IvanTheK/status/1076967921900027905

Her bond villain look is still pretty fabulous though.

Young Freud
Nov 26, 2006

Katt posted:

Her bond villain look is still pretty fabulous though.

She's got a very Helen Heyer look, if you get the V For Vendetta reference.

SneezeOfTheDecade
Feb 6, 2011

gettin' covid all
over your posts
https://twitter.com/Crnjo2John/status/1076942868982292481

Shimrra Jamaane
Aug 10, 2007

Obscure to all except those well-versed in Yuuzhan Vong lore.
So is the economy about to crash?

Eltoasto
Aug 26, 2002

We come spinning out of nothingness, scattering stars like dust.



Shimrra Jamaane posted:

So is the economy about to crash?

Naw, the Plunge Protectors are on the case!

jojoinnit
Dec 13, 2010

Strength and speed, that's why you're a special agent.
Honestly the world is burning anyway, I don't mind Rand celebrating festivus

FizFashizzle
Mar 30, 2005







Shimrra Jamaane posted:

So is the economy about to crash?

Looking like things might get frisky.

evilweasel
Aug 24, 2002

so is the admin trying to start a panic to get a recession now in the hopes it’s over by 2020 or what

i mean why are they TRYING to create a run on the banks

Lightning Knight
Feb 24, 2012

Pray for Answer

Shimrra Jamaane posted:

So is the economy about to crash?

I feel like "the economy is about to crash" is going to be our any day now of the next two years and then it'll crash unexpectedly and for inane stupid rear end reasons nobody anticipated.

Shimrra Jamaane
Aug 10, 2007

Obscure to all except those well-versed in Yuuzhan Vong lore.
Lol forever if Trump literally crashes the economy on literally Christmas

Random Stranger
Nov 27, 2009



ZypherIM posted:

Oh god, how much of his executive time is watch porn. I feel physically ill now.

I just want to point out that pornhub could always search their logs for connections from White House IP addresses and tell us what President Trump likes. And by identifying when in a video he stops watching, they can tell how long it takes him to get off and exactly what he likes.

I also want to plead that they never do this.

evilweasel
Aug 24, 2002

Lightning Knight posted:

I feel like "the economy is about to crash" is going to be our any day now of the next two years and then it'll crash unexpectedly and for inane stupid rear end reasons nobody anticipated.

that the treasury secretary, for no reason at all, decided to declare that the banks have plenty of liquidity and there was no reason for concern, is as insanely stupid and completely unanticipatable as you can get

Lightning Knight
Feb 24, 2012

Pray for Answer

evilweasel posted:

that the treasury secretary, for no reason at all, decided to declare that the banks have plenty of liquidity and there was no reason for concern, is as insanely stupid and completely unanticipatable as you can get

Trump appointees being terrible at their jobs is extremely On Brand however.

evilweasel
Aug 24, 2002

for those that are not aware, banks assuring people they have plenty of liquidity and there is no reason for concern usually presages their collapse by about one to two days

ZypherIM
Nov 8, 2010

"I want to see what she's in love with."

Random Stranger posted:

I just want to point out that pornhub could always search their logs for connections from White House IP addresses and tell us what President Trump likes. And by identifying when in a video he stops watching, they can tell how long it takes him to get off and exactly what he likes.

I also want to plead that they never do this.

The problem is he already has a fall .. "guy" .. set up for this: Eric.

Shimrra Jamaane
Aug 10, 2007

Obscure to all except those well-versed in Yuuzhan Vong lore.

evilweasel posted:

for those that are not aware, banks assuring people they have plenty of liquidity and there is no reason for concern usually presages their collapse by about one to two days

I’m just wondering what terrible knee jerk decisions Trump will make to try and fix things if the economy really begins to collapse. What crazy rear end poo poo will he tweet? “I HAVE ORDERED THE TREASURY TO PRINT TWO THREE TIMES AS MUCH MONEY! ALL ONE DOLLAR BILLS ARE NOW WORTH TWENTY. MAGA”

Discendo Vox
Mar 21, 2013

We don't need to have that dialogue because it's obvious, trivial, and has already been had a thousand times.

evilweasel posted:

for those that are not aware, banks assuring people they have plenty of liquidity and there is no reason for concern usually presages their collapse by about one to two days

Merry christmas, every one

Jealous Cow
Apr 4, 2002

by Fluffdaddy

evilweasel posted:

for those that are not aware, banks assuring people they have plenty of liquidity and there is no reason for concern usually presages their collapse by about one to two days

That’s what’s so strange about this. Wouldn’t there have been other signs if things were literally about to collapse?

BigglesSWE
Dec 2, 2014

How 'bout them hawks news huh!

evilweasel posted:

for those that are not aware, banks assuring people they have plenty of liquidity and there is no reason for concern usually presages their collapse by about one to two days

“The Christmas Eve Crash” has a decent ring to it. But Day would work better.

mod sassinator
Dec 13, 2006
I came here to Kick Ass and Chew Bubblegum,
and I'm All out of Ass

Jealous Cow posted:

That’s what’s so strange about this. Wouldn’t there have been other signs if things were literally about to collapse?

The last two/three weeks of weak jobs reports, slowing global growth, growing military tensions, and now complete disarray of the government aren't enough?

Groovelord Neato
Dec 6, 2014


https://twitter.com/jackdwagner/status/1072302171700498433

evilweasel
Aug 24, 2002

Jealous Cow posted:

That’s what’s so strange about this. Wouldn’t there have been other signs if things were literally about to collapse?

yeah here it's not the banks saying this it's mnuchin just randomly sending out the CODE RED signal for no apparent reason perhaps not knowing what it is

krugman was tweeting that people aren't actually concerned about the banks and so this is especially bizzare

Khisanth Magus
Mar 31, 2011

Vae Victus

evilweasel posted:

yeah here it's not the banks saying this it's mnuchin just randomly sending out the CODE RED signal for no apparent reason perhaps not knowing what it is

krugman was tweeting that people aren't actually concerned about the banks and so this is especially bizzare

I think in this case it really is stupidity and incompetence rather than anything else.

JasonV
Dec 8, 2003
https://twitter.com/chrisgeidner/status/1076984317849546753?s=19

Dick Trauma
Nov 30, 2007

God damn it, you've got to be kind.
https://twitter.com/mitchellreports/status/1076973403112988674

evilweasel
Aug 24, 2002

fwiw i have heard corporate lending markets were getting tight at the end of the year but in a different context that seemed more industry specific

might have been more broad than i thought

FizFashizzle
Mar 30, 2005







Shimrra Jamaane posted:

I’m just wondering what terrible knee jerk decisions Trump will make to try and fix things if the economy really begins to collapse. What crazy rear end poo poo will he tweet? “I HAVE ORDERED THE TREASURY TO PRINT TWO THREE TIMES AS MUCH MONEY! ALL ONE DOLLAR BILLS ARE NOW WORTH TWENTY. MAGA”

What are the moon shot economic solutions that get repeated on fox news all the time?

When things got bad under W he literally just mailed everyone a check.

haveblue
Aug 15, 2005



Toilet Rascal
Did they actually put this out as an official announcement, or is it more that they scheduled a meeting which was then reported on as a possibly unintended consequence?

Random Stranger posted:

I just want to point out that pornhub could always search their logs for connections from White House IP addresses and tell us what President Trump likes. And by identifying when in a video he stops watching, they can tell how long it takes him to get off and exactly what he likes.

I also want to plead that they never do this.

Pornhub probably cannot determine which of the dozens of desktop computers in the White House made the request (if they can, someone in the federal IT department hosed up bad).

SimonCat
Aug 12, 2016

by Nyc_Tattoo
College Slice

coffeetable posted:

it's not actually called the plunge protection team, sorry

https://twitter.com/IvanTheK/status/1076967921900027905

Hawt.

Jealous Cow
Apr 4, 2002

by Fluffdaddy

mod sassinator posted:

The last two/three weeks of weak jobs reports, slowing global growth, growing military tensions, and now complete disarray of the government aren't enough?

There’s a difference between a bear market and a financial collapse. There was evidence in the weeks leading up to the liquidity-driven collapses during the mortgage crisis.

cheetah7071
Oct 20, 2010

honk honk
College Slice
Markets go up in part over complete bullshit and have to come back down because the bullshit isn't sustainable. Ideally it can come back down safely without crashing, which is hopefully what we're seeing here

skylined!
Apr 6, 2012

THE DEM DEFENDER HAS LOGGED ON

Lightning Knight posted:

I feel like "the economy is about to crash" is going to be our any day now of the next two years and then it'll crash unexpectedly and for inane stupid rear end reasons nobody anticipated.

This is a weird take? There are a bunch of markets that are way over leveraged right now and when ‘the market’ crashes there will be another crazy whisperer cashing out and telling everyone ‘you should have listened to me about all those junk car loans’ or whatever.

It is hardly unexpected at this point though and we have a better than 20% chance it’s going to happen in the next six months.

Otherkinsey Scale
Jul 17, 2012

Just a little bit of sunshine!

haveblue posted:

Did they actually put this out as an official announcement, or is it more that they scheduled a meeting which was then reported on as a possibly unintended consequence?

Check Mnuchin's twitter.

He just...tweeted it out...

FizFashizzle
Mar 30, 2005








People in the replies are saying that might not be a big deal, and it's just a brief pause to get more facts.

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Name Change
Oct 9, 2005


skylined! posted:

This is a weird take? There are a bunch of markets that are way over leveraged right now and when ‘the market’ crashes there will be another crazy whisperer cashing out and telling everyone ‘you should have listened to me about all those junk car loans’ or whatever.

It is hardly unexpected at this point though and we have a better than 20% chance it’s going to happen in the next six months.

We are "due for a correction" from tariffs crashing certain segments of the economy, and Trump's recent behavior is terrifying to investors, just to name several of many reasons that the stock market is expected to lower significantly for a while. Trump has hitched his self-worth as a president to the stock market because he is a moron, so that would perhaps necessitate some weird behavior from Mnuchin. What it actually presages may be some further bizarre and stupid action by Trump, like replacing the Fed chairman over interest rates.

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