It's great TV watching these CNBC analysts realize there is no "theory" on TV in real time and they can't even invent one. One just said "They're burning down the house to cook a steak." There's a phone ringing off the hook in the background no one's picking up. It's chaos, I recommend it.
Comments
I cannot fathom the thought that someone can act surprised right now. I guess a lot of people are earning the "fell for it again" award again today.
--Jim Cramer on CNBC, March 11, 2008
Bear Stearns collapsed five days later.
I think that's an important qualifier.
One that got it was Steve Leisman
How the fuck did y’all not see this coming when he CAMPAIGNED on cratering the economy?
And not getting high on your own farts.
Kudos. 🥰
Totally saw this coming.
it’s why we need humanities in education 🙄
Ok but I do actually have a hat trick college dropouttery.
We don't just borrow words; on occasion, English has pursued other languages down dark alleyways to beat them unconcious and rifle their pockets for new vocabulary."
- James Nicoll
Fou = mad
Qui = who
Rie = laughs
(Since English is French, German, Latin and half a dozen other languages lurking in a Trenchcoat)
I warned people the INSTANT he started talking about it and was dismissed.
"Only an intellectual could be this stupid".
For *intellectual* substitute *billionaire hireling*.
There is Homo-Economicus. (Credit to the NPR guy whose name I can't remember ). I took basic econ and biz classes and know this
Humans make stupid decisions (like tariffs) for emotional reasons that don't just not accomplish their goals, they wreck the purported goals!
https://www.wired.com/story/trump-tariffs-antarctic-islands-heard-mcdonald/
No one but MAGA have these crazy ideas about tariffs.
The AI had no other source than some MAGA nonsense somewhere online!
Who would have guessed, right?
Wait until Trump recession kicks in and see the disgust returned.
Madagascar debt to GDP ratio: 40
Stop your whining.
There's something that they shunned Musk from in South Africa this last year or something?
It's a rotten deal for the whole world.
Sorry everyone.
I believe the arts teach us to seek logical outcomes based on historical precedence.
I have a bachelor of arts in theatre, minor in English. Even got a certificate from an 18 month trade school 10 years ago to perform diagnostic medical ultrasound that I use even less than my theatre degree. I'm more qualified to be Secretary of Health and Human Services than RFK Jr.
Just dumber.
It's just as likely sunk cost will hit, and they'll realize they're riding the tiger and can't get off.
Just like when the President orders strikes against the Houthis.
They didn’t say “no”. They carried out the strikes as orderd
Even as something as obvious as the rise of Trump happens because of them, they still fail to understand their role in it.
“Never attribute to malice that which is adequately explained by stupidity.” https://en.m.wikipedia.org/wiki/Hanlon's_razor
{You can’t hand a box of matches to a deranged arsonist— and not expect tragedy}
#FelonTrumpIsaMadman
Katy Tur seems flabbergasted daily but at least she’s come around 😂
https://www.youtube.com/watch?v=eMffZKAvzms
Trump ONLY eats his steak well done, with ketchup (which is why he isn’t fit to run anything)
I need SOMETHING to boost my spirit.
I kinda wanna see people flipping out
https://youtu.be/0JFXICqWsCI?si=gDVrR8yeEJ1GbrU6
Where are the "animal spirits"?
They so dearly want privatization.
I'm waiting for Maga Joe Kernan to have a meltdown if he ever takes his head out of Trump's ass... 🤪 🤪
The press has really let America down
Trump picks Lutnick to be Commerce secretary https://www.cnn.com/2024/11/19/politics/howard-lutnick-commerce-secretary/index.html
https://player.fm/series/common-sense-with-dan-carlin
meanwhile he isn't actually aiming, he's just flinging the sledgehammer around, and the more toes he hits the happier he is
Oh wait, we tariffed the potash fertilizer.
Additionally and critically, this money will end up in the sovereign wealth fund, subverting congress and their control over the purse. Congress will never see these tariff funds.
Yeah this all makes sense lol.
The tariffs are DESIGNED to create economic hardship. Why? So Trump has a straight face rationale for releasing them, business by business or industry by industry.
As he grants relief, it’s a win-win: the economy improves and dissent disappears.
Also see my pinned tweet.
The long game.
1. He wants bribes from nations and corporations to grant exemptions.
2. Crash the markets and let Russia and the Saudi’s buy 51 percent of America for $20 trillion in Dogecoin.
Remove Speaker Johnson.
Elect a new one.
Impeach Trump and Vance.
Who is the Sanest Republican in the House?
The law firms, universities, companies.
All run by cowards.
his brain is one of those handheld maze games with bb's bouncing around inside it 24/7.
if we've learned anything here, it's that musk is a much more successful grifter than dt every dreamed of being.
Freud called this having a "death instinct."
They are assessed on everyone to create maximal global harm so that leaders of each country have to grovel, individually, one by one, before Trump, in a suit*, to make a deal that helps Trump, not America.
*the suit is very important
That is what is happening right now.
Like the NYT. And Columbia, etc...
He’s talking to prospective allies, saying join us and we will help you with infrastructure, develop your resources and grow your economy along with us.
You won’t be tied to the dollar.
The imperialist Trump will tell you he loves you today then kill you
Wow, he's not demanding us convert the US dollar to Bison Bucks.
Bath Salts Politics.
If he's planning on pocketing the money, he missed how that is going to happen at the ports.
Then wqe get this shit and now the media's afraid to just say the man is insane and unfit for office.
A real narcissist will burn down the entire world because it didn't love them enough.
“We’re going to bring manufacturing and jobs back”
1) To what factories?
2) With what factory workers?
3) We HAD JOBS and record low unemployment ALREADY!!!! WTAF??
Also guts any and all food safety administrations like the FDA and now wants to force other countries to buy our meat?
https://www.laresistance47.com/shop/billionaires
That's it. The Republican goals are Authoritarianism of the Christian Patriarchal White Supremacist variety. It's the reason why they do everything.
They have long realized there is no "there there"
The morning show is a mess, however.
https://bsky.app/profile/thetnholler.bsky.social/post/3lluqojwl6s2y
https://ustr.gov/countries-regions/europe-middle-east/russia-and-eurasia/russia#:~:text=Russia%20Trade%20Summary,(%241.6%20billion)%20from%202023.
But, when anticipating all of Dear Leaders dipshit announcements yesterday, I never imagined that Russia would be on the list because they are already such a trade pariah. Of course nothing makes sense anymore so the there's that...
Fox has men sacked (should be prosecuted) for sex crimes and the people who watch don't care. Fox get's succesfully sued for hundreds of millions for lies and it's viewers don't care. Trump's an offender and they don't care.
I tried to explain the tariffs to someone daft, in very simple terms, they just wouldn't "get" it. They reckon it's a good move. I gave up in the end.
He's a guy who is getting his levers pulled by others. He's a narcissist... and all the other ghastly things we know about him.
It's only the stupid who fall for his schtick and you can't educate those people against him.
I never used to mix with these types, yet it has opened my eyes to just how much of any population is not very bright and blindly believes right wing media.
It is why the behavior of so many has baffled me when the ultimate cause/effect was so clear.
He yells "You're Fired!" like he's a genius and we all spontaneously combust
Unless we call this one the Bigly Depression or something.
Tim, you're making me want to watch CNBC for sheer Schadenfreude entertainment, and that's not something I'd ever expected to say. :)
The steak thing is what they say to get in the door. Then to get the next fool to let them in, when they come over to, um, bake a cake. Yeah, that’s it.
How powerful are we that our preferred pronouns just existing destroyed the world's richest nation?
I'm terrified to share my middle name in case it makes the world explode.
We'll show you!
“France’s Macron Urges Companies to Pause US Investments”
Macron: it makes little sense for firms to invest there while the U.S. hits out against Europe
Trump is always, and has always been, about Trump. The presidency is simply a chance to protect himself from jail, punish his perceived enemies, and grift.
Tariffs are about punishing enemies and grift.
SO MUCH THIS!
What tf did they THINK????
Stop giving this dude the benefit of the doubt!