momo663.bsky.social - Profile | ThreadSky | a Reddit-style client for Bluesky

So where do our kids get educated?

submitted 1 day ago • 0 comments

even if we throw these people out of power the enduring legacy of Trump is that nobody can ever again trust the US government to keep a promise, and that will come back to bite us over and over again what a shameful thing this is

submitted 1 day ago • 59 comments

Just a reminder that these are the people purporting to be outraged by antisemitism on campus. www.nytimes.com/2025/04/11/u...

submitted 2 days ago • 32 comments

Lord forgive us.

submitted 1 day ago • 25 comments

Just going to leave this here:

submitted 2 days ago • 6 comments

We’ve been talking to Chinese netizens and the sentiment is widespread that the US is 1. “A joke” and 2. “Not on their radar of things to worry about”. They literally don’t care and think Trump is dumb. They are mostly unaffected and more focused on with a US TikTok influencer called IShowSpeed.

submitted 1 day ago • 49 comments

Not one reporter asked about the Executive Orders targeting Chris Krebs & Miles Taylor during today’s Cabinet press conference. Not one. A president using DOJ to punish those who spoke out? That’s banana republic territory. I waited. The question never came. Why? Has the fear already taken hold?

submitted 2 days ago • 1233 comments

Great news, everyone. A surveillance company started by Peter Thiel is part of the hackathon playing with our data at IRS. www.wired.com/story/palant...

submitted 1 day ago • 217 comments

“The damage has been done,” said George Saravelos, the head of foreign exchange research at Deutsche Bank. “The market is reassessing the structural attractiveness of the dollar as the world’s global reserve currency and is undergoing a process of rapid de-dollarisation.”

submitted 1 day ago • 42 comments

"The combination of interest rates soaring amid a slump and the currency plunging despite rising interest rates isn’t what we normally expect for advanced countries, let alone the owner of the world’s leading reserve currency. It is, however, what we often see in emerging-market economies."

submitted 2 days ago • 26 comments

A mind blowing perspective: Earth compared to a solar eruption... (Credit: NASA)

submitted 1 day ago • 9 comments

They are destroying our country

submitted 1 day ago • 0 comments

"if you also look at the enormous decline in consumer sentiment, in business optimism, and the enormous extent to which markets have fallen.. I think there's a second crisis: it's a crisis of confidence in the competence of this administration."

submitted 1 day ago • 14 comments

Trump has perfected the art of Pareto Worsening, a change in allocation making at least one person worse off without making a single person better off. Trade war, Medicaid cuts, science cuts, there are no winners here, only losers.

submitted 2 days ago • 53 comments

Of course that is the plan!

submitted 2 days ago • 0 comments

Privatizing so the billionaires get richer

submitted 2 days ago • 0 comments

Tourism from foreigners is $220B a year. Not good.

submitted 2 days ago • 0 comments

Hey! It's bad! arstechnica.com/space/2025/0... 2/3 cut in astrophysics 2/3 cut in heliophysics 50% cut in Earth science 30% cut in planetary science This is just such an incredible self-own, what are we doing?

submitted 2 days ago • 32 comments

"The dollar is also falling, meaning that foreign investors are getting out of America. They are leaving the stock market, selling treasuries, and even getting rid of their dollars. Why? Because they no longer think America is a safe economic environment." www.thebulwark.com/p/trump-fina...

submitted 2 days ago • 37 comments

“In the last few days, we have had many conversations with macro fund managers,” Tom Lee, the head of research at the financial analysis firm FSInsights, wrote. “And their concern is that the White House is not acting rationally. A few have quietly wondered if the President might be insane.”

submitted 2 days ago • 7 comments

💯. The bond market is the deal. It’s the leverage Canada, EU and China have over us,

submitted 2 days ago • 0 comments

i do not think we will have any idea what the impact of severing US-china bilateral trade and investment will be on world politics yet. it is also coming at a time when the entire world is predisposed to treat the US as a hostile power.

submitted 2 days ago • 79 comments

Duh

submitted 2 days ago • 0 comments

We woke up this morning and the market had 55% probability of a rate cut. Market close, we are just under 19%. That is probably still too high given that the Fed understands policy can shift wildly in a moment. And our major trading partners still have significant tariffs on.

submitted 4 days ago • 0 comments

This is how the treasury curve has shifted over the past month. Without another meaningful driver, you can blame the Trump team for the rise in rates at the long end of the curve--and the higher financing costs that everyone will experience. Just another catalyst for a recession.

submitted 2 days ago • 0 comments

So deficit increase in the bill that passed will add more to the deficit than has happened in last 10 years!!!

submitted 2 days ago • 0 comments

Another great chart from @steverattner.bsky.social: Here's a list of what added to the U.S. debt over the last 10 years. The top line is what Republicans want to add now. Truly irresponsible. Obviously, they were never serious about the deficit. #EconSky #Politics #FiscalResponsibility

submitted 2 days ago • 0 comments

Gonna keep saying this: Everything was pretty much ok on January 19th.

submitted 2 days ago • 0 comments

More tax cuts for rich. Medicaid cuts to the poorest. Increased deficits. That (+ less rights and science for Americans in a despotic system) IS the agenda.

So where do our kids get educated?

even if we throw these people out of power the enduring legacy of Trump is that nobody can ever again trust the US government to keep a promise, and that will come back to bite us over and over again what a shameful thing this is

Just a reminder that these are the people purporting to be outraged by antisemitism on campus. www.nytimes.com/2025/04/11/u...

Lord forgive us.

Just going to leave this here:

Not one reporter asked about the Executive Orders targeting Chris Krebs & Miles Taylor during today’s Cabinet press conference. Not one. A president using DOJ to punish those who spoke out? That’s banana republic territory. I waited. The question never came. Why? Has the fear already taken hold?

Great news, everyone. A surveillance company started by Peter Thiel is part of the hackathon playing with our data at IRS. www.wired.com/story/palant...

“The damage has been done,” said George Saravelos, the head of foreign exchange research at Deutsche Bank. “The market is reassessing the structural attractiveness of the dollar as the world’s global reserve currency and is undergoing a process of rapid de-dollarisation.”

"The combination of interest rates soaring amid a slump and the currency plunging despite rising interest rates isn’t what we normally expect for advanced countries, let alone the owner of the world’s leading reserve currency. It is, however, what we often see in emerging-market economies."

A mind blowing perspective: Earth compared to a solar eruption... (Credit: NASA)

They are destroying our country

"if you also look at the enormous decline in consumer sentiment, in business optimism, and the enormous extent to which markets have fallen.. I think there's a second crisis: it's a crisis of confidence in the competence of this administration."

Trump has perfected the art of Pareto Worsening, a change in allocation making at least one person worse off without making a single person better off. Trade war, Medicaid cuts, science cuts, there are no winners here, only losers.

Of course that is the plan!

Privatizing so the billionaires get richer

Tourism from foreigners is $220B a year. Not good.

Hey! It's bad! arstechnica.com/space/2025/0... 2/3 cut in astrophysics 2/3 cut in heliophysics 50% cut in Earth science 30% cut in planetary science This is just such an incredible self-own, what are we doing?

"The dollar is also falling, meaning that foreign investors are getting out of America. They are leaving the stock market, selling treasuries, and even getting rid of their dollars. Why? Because they no longer think America is a safe economic environment." www.thebulwark.com/p/trump-fina...

“In the last few days, we have had many conversations with macro fund managers,” Tom Lee, the head of research at the financial analysis firm FSInsights, wrote. “And their concern is that the White House is not acting rationally. A few have quietly wondered if the President might be insane.”

💯. The bond market is the deal. It’s the leverage Canada, EU and China have over us,

i do not think we will have any idea what the impact of severing US-china bilateral trade and investment will be on world politics yet. it is also coming at a time when the entire world is predisposed to treat the US as a hostile power.

Duh

We woke up this morning and the market had 55% probability of a rate cut. Market close, we are just under 19%. That is probably still too high given that the Fed understands policy can shift wildly in a moment. And our major trading partners still have significant tariffs on.

This is how the treasury curve has shifted over the past month. Without another meaningful driver, you can blame the Trump team for the rise in rates at the long end of the curve--and the higher financing costs that everyone will experience. Just another catalyst for a recession.

So deficit increase in the bill that passed will add more to the deficit than has happened in last 10 years!!!

Another great chart from @steverattner.bsky.social: Here's a list of what added to the U.S. debt over the last 10 years. The top line is what Republicans want to add now. Truly irresponsible. Obviously, they were never serious about the deficit. #EconSky #Politics #FiscalResponsibility

Gonna keep saying this: Everything was pretty much ok on January 19th.

More tax cuts for rich. Medicaid cuts to the poorest. Increased deficits. That (+ less rights and science for Americans in a despotic system) IS the agenda.

The stupid can’t be stopped.

💯. 👇

Great chart.

COMPARE: the results of fighting back to the results of not fighting back

This was three months ago.