so a "war" on our own bond markets then? Will they be firing missiles on buildings in the US?
..What a time to be alive.
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America isn't like this because Trump is president
Trump is president because America is like this
Decades of stripping education funding is taking its toll
It’s worse than that. Everyone has been brought up to be a narcissistic consumer and they approach public policy the same way.
The amount of times I've heard "why should I pay taxes for school, my kids are grown" is way too damn high
I became so disappointed in my grandmother when I was in high school when she expressed this attitude. I couldn’t understand why it mattered as children still needed school.
The truth many Americans don't want to hear.
Trump is a mirror.
It a fair and accurate criticism and it probably shouldn’t have snuck up on us like this.
For those of us watching this ramp up from the 90s into the 2000s and the Tea Party and the 2010s.... it… really wasn't a shock.
Exactly. I gave up hope when W was elected a second time after an abysmal presidency and terrible performance in the debates prior.
Epstein files? Can the military be used to get those?
Pretty sure the military is used to protect those in the file.
This statement is really weird, even for Trump because in the question asked immediately prior he clearly understands the question about whether he directed Bessant to intervene in the bond market stating.
"Not at all. No, he's a very capable man. He wanted to do it. He's very good at it. He is a good touch. Very good natural touch for the bonds and interest."
Right? He understands ehats beung spoken about, or his answer at least makes it sound like he does.
Then the reporter mentions that yields came back up and asks if Trump was going to direct Bessant to do "some other type of intervention". At this point Trump suggests military intervention.
He goes from "Bond market intervention" -> "Interest rates" (reasonable) to "Intervention" -> "I might direct the military to attack the bond market" (deranged) in, like 10 seconds. Is he just playing word association? Is he fucking with the reporter?
I disagree with your assessment that he understands the first question. His answer is just your typical responsibility deflection (“He wanted to do it”) combined with vague praise (“He is a good touch”). It’s akin to Maurice’s generic answers about football in IT Crowd (“Did you see that ludicrous display last night”). The only thing Trump DOES understand is using the military for his problems, which is why his answers ultimately land there.
This is my read on it too. He has no idea whether we want bond yields high or low or what. He actually feels a little bit attacked by the question because he doesn't understand it. At first he tries to deflect it, because if the question will just go away, he doesn't have to care about it anymore. But then there's a follow-up. This is a challenge that isn't immediately going away. That makes him angry. He still doesn't know what's going on, but now he has to care about that. So he's gonna make a vague threat about being in control of the military. That should do the trick. That makes the reporters' eyes get wide every time, and he can just walk away at that point and be guaranteed to get a lot of press attention. It's a win-win.
You have to understand that he doesn't see these interviews as means of communication. He sees them as power struggles. Any communication that occurs is entirely incidental.
Someone else offered the darker explanation that he's threatening to use the military against countries like Canada who decide to reduce their investment in US bonds. I don't know whether that's seeing meaning where there isn't any, but here in Canada we haven't forgotten that Trump keeps saying he wants to destroy our country one way or another. But overall I think it's more likely he's just failing to understand the question then forgetting what he's supposed to be talking about.
Dipshit is so delusional he thinks he can send the military after bond traders.
I laughed about your comment, paused, and then started getting nervous.
I decided to take a quick glance at the article and came across this:
President Donald Trump suggested Friday he could use the military to stage an "intervention" on bond markets in a confusing response to a reporter asking about Treasury Secretary Scott Bessent's efforts to bring down soaring yields.
Much to my dismay, you weren't exaggerating.
He can. There's literally no process to stop him right now. He could have people executed in the streets and his supporters would cheer and sell merch.
This is insane even for Trump. What would a military intervention in the bond market even mean?
My guess is this is just dementia related word salad.
The largest chunks of US bonds are held by nations, so I think the subtext is that if any nation starts dumping bonds to hurt the US economy he may consider it a casus belli. Basically forcing them to hold the bag at gunpoint. This is a dream situation for a conman like him.
This is what he means. In fact, I think he is specifically referring to Canada. The first time Trump brought in tariffs, Carney initiated a little bond market run, causing him to back down. It was the first "CO" in TACO. Trump has been bristling since then.
I hate how the headline tries to trivialize the fact that America is threatening to attack its former allies on the basis of trade irritations. This guy is fucking mental.
But wouldn't that essentially make US bonds untradable, thus worthless?
Translation: All we have left is the hammer and if that can't solve the problem then we're fucked
"And then we'll send the Marines to shoot inflation in the FACE." -- Some president soon, probably
This needs to stop. Why are we letting a dipshit pedophile destroy our country?
It's not a case of the people "letting" him destroy your country. The people wanted him to. Maybe not all the specific details of how he's doing it, but the previous election was largely a choice between "status quo" and "break the system" and break the system won. For some reason few of those voters seemed to be aware of how well the system was serving them, it appears they may have been misled. But that's democracy for you.
What the dark magic,
Keeps this fucking ghoul going?
They say victims’ blood
Sending Navy Seals to kidnap Jamie Diamon and taking him to Gitmo would be incredibly based.
Maybe use the military for corruption and sexual exploitation of minors?
He's a walking LLM, just making word associations based on what's most probable to resonate with idiots.
He just doesn't know what's happening anymore, between periods of amphetamine-induced clarity
After Trump's remarks, however, it remains unclear whether he and the president are even working from the same toolbox.
