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norsedog.bsky.social
A somewhat evolved ape curiously studying anthropology.
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New in PN: Yes, they voted for this "Perhaps the most damning commentary about the US electorate and media is that Trump never even tried to conceal his malicious intentions and deranged policy positions."

With all the speculation about why the trump pump and dump happened now - I'd not be surprised if the economic impact on Russia was the trigger for the reversal.

What some people aren’t factoring into their analysis is the reality that companies were buying tons of inventory to beat the tariffs. That’s cash taken from being able to invest or hire. In fact the probably cut costs and jobs as a result. #econsky

Alright, I think people knew of the tariff pause and traded it beforehand. You can see before Trump posted "buy" on Truth Social, traders opened $QQQ $TQQQ and $SPY calls RIGHT BEFORE THE NEWS, someone opened $SPY 509 calls, expiring TODAY!!!!!!!!!!!!!!!!!!!! Those calls are up 2100% in one hour.

They are are eating the checks; they are eating the balances. The economy is a wreck, but they are pretending we are in a palace. At the stroke of midnight the tarriffs will invoke more madness & the only question will be who will keep their lips tight & who will fight For the people that is!

Tim Walz: "You you claim to love freedom but want to restrict certain groups, you don’t love freedom. You love privilege." 🔥🔥🔥🔥🔥 #MomSky

For veterans of the Eurozone crisis, this is quite incredible - today Greece has a lower borrowing cost than both the UK and the US for their 10 year bonds. I had to check, all of the previous so called 'PIIGS' (Portugal, Ireland, Italy, Greece, Spain) have lower borrowing costs than the US today.

Good morning. A reminder that historically when the US has wanted to punish other countries, it imposed sanctions on them, cutting their people off from global trade, hoping to create enough economic havoc that they rein in their leaders. Trump has imposed economic sanctions on the American people.

People need to understand. The 10 year treasury note is the backbone of the entire economy. Mortgage rates, consumer debt etc are based on its rate. It's considered the "risk free" rate. What happens when the basis of the financial markets is no longer risk free is a total financial market collapse.

Trump used an emergency powers law to impose tariffs — but that law contains no reference to tariffs and no president has ever used it for this purpose.

Sotomayor: "The implication of the Government’s position is that not only noncitizens but also United States citizens could be taken off the streets, forced onto planes, and confined to foreign prisons with no opportunity for redress if judicial review is denied unlawfully before removal"

The stock market is something we watch and feel and measure, so its collapse is well-tracked. But when you see the charts of a straight downward trajectory, they also summarize what’s happening with cancer research, academic freedom, basic rights, America’s standing in the world, and so much more.

I can only imagine the bailout package they are drawing up for themselves. As the saying goes, privatize the profits, and socialize the losses.

I'm serious about pushing Republicans on impeachment this week. Think about it. There will never be a better chance. Rich people losing their wealth is the *only* thing that can move the needle on this. Not fascism, not racism, not the destruction of public health. This is it.

So, masks weren't very popular to prevent viral spread during the last pandemic, but there might be a solution more attractive to the non-masking demographic: chewing gum. www.cell.com/molecular-th...

not meant to dig on anyone. but quotes like this are a reminder that a lot of people are two or three stages removed from having the slightest idea of what's going on. that's not an invitation to feel superior to other people but to see the value of political organizing, good media over bad etc.