Fed cuts interest rate by half a percent
Trump: More cuts!
Fed cuts interest rate by half a percent
At some point, yeah. When that happens is the question. And we see that Trump will do whatever it takes to artificially pump up the markets so that doesn't happen before the election.I'm not that well versed in World Economics, but to me China has always seemed incredibly fragile and its recent misfortunes might actually pop that bubble right? Isn't a worldwide recession pretty much guaranteed at this point?
cuting, cant even spell check a tweet....ffs
It's gonna hurt.
And I keep wondering when that China housing market is gonna pop.
It's a house of cards man.Whenever the Chinese debt bubble pops it's gonna get real ugly
I'm kind of worried that this rate cut is only going to shake the markets more - consumer spending and wages were up the last two months and unemployment is still at a record low, demand hasn't dissipated, the fuck are they cutting for? Really vouching for the health of the economy there.
And as you say that, the S&P 500 is now negative for the day lolIt's a house of cards man.
They're just juicing the market on horseshoes and bullshit.
If it keeps going down...we'll get a recession just from confidence loss.And as you say that, the S&P 500 is now negative for the day lol
house of cards indeed
Market reaction so far isn't positive lolThey're juicing the markets enough to get Trump reelected. Economy might collapse in 2021 or 2022, but worth it for an extra SCOTUS seat to fuck over voting rights even more.
You may well be right.If it keeps going down...we'll get a recession just from confidence loss.
Alayna Treene on Twitter
“@MikeBloomberg Bloomberg got visibly frustrated as reporters pressed him on whether he’ll drop out to unite with other moderates behind Biden: “Joe’s taking votes away from me! … It goes in both directions. Have you asked Joe if he’s going to drop out? .. I have no intention of dropping out"”twitter.com
Bloomberg with a lot of shade to Warren in Florida.
Bloomberg: "There's only three candidates, you can't do worse than that."@CristinaAlesci: There is Elizabeth Warren, also.
Bloomberg: "I didn't realize she's still in. Is she? " https://twitter.com/CristinaAlesci/status/1234872519699652614 …
This is a wild take. He would be considerably less rich under a Bernie administration. Bloomberg ultimately cares about his money and would much rather have Biden win.I don't think Bloomberg would push for a Biden presidency anymore than he would for a Bernie presidency.
He is bizarre arrogant and I think he actually believes he should be president, nobody else.
That's what I was thinking. Could you imagine Bloomberg dropping out because Obama of all people told him to? No way.
Except this time Warren has a moral imperative to nuke Bloomberg.Warren and Bloomberg are Amy/Pete V2. As soon as one's gone the other will be too.
What does Bloomberg have to gain from outlasting Warren in this race? I realize he hates her for kneecaping his run and humiliating him in front of the entire world, but is he really petty enough to stay in and keep hemorrhaging money just to have the last laugh?Warren and Bloomberg are Amy/Pete V2. As soon as one's gone the other will be too.
Is he? I think you're confusing a few vocal twitter asshats with Bernie's campaign approach in general.
He's worth $60bn. Sanders isn't going to make him considerably less rich, lol.This is a wild take. He would be considerably less rich under a Bernie administration. Bloomberg ultimately cares about his money and would much rather have Biden win.
We're being incredibly stingy with tests. Would like to know why don't have that many to go around.
I don't think it's impossible that Bloomberg drops out after today. He might save himself the embarrassment with some bullshit excuse if he gets blown out despite his blatant political bribery. He'll probably endorse Biden to save face if he does. But I also think it's likely he stays in because, well, fragile, massive ego.That's what I was thinking. Could you imagine Bloomberg dropping out because Obama of all people told him to? No way.
It'll make the stock market and the pandemic worse.There is no excuse. They are intentionally trying to suppress the number of confirmed cases, and people are going to die as a result.
It's a house of cards man.
They're just juicing the market on horseshoes and bullshit.
Georgia investigators found no evidence to support @GovKemp's allegation just before Election Day in 2018 that the Democratic Party tried to hack election information, according to a report released Tuesday by the attorney general's office. #gapol https://www.ajc.com/news/state--regional-govt--politics/case-closed-evidence-hacking-alleged-georgia-gov-kemp/JeTYlcx3I3Ssb4CiVtdgaO/ …
Coronavirus now confirmed in my local area.
Part of the testing availability problem is that the test kits themselves were defective. We should be trying to get more from the WHO and others.
Apparently Pence was seen recently shaking hands and generally hanging out with some of the people infected in Sarasota. I wonder if we'll see a big difference in how the administration treats the virus if they become sick themselves, or if Pence would just be thrown under the bus.
This is where I stupidly ask, we're the US, why the fuck can't we make our own and quickly?Coronavirus now confirmed in my local area.
Part of the testing availability problem is that the test kits themselves were defective. We should be trying to get more from the WHO and others.
Last night I unsubscribed from Beto's mailing list and cited his endorsement as the reason in the comments. Can't imagine I was the only one.Beto is a real one. TBH I would've voted for him if he was still in it
5! Don't forget Tulsi is still in thisWill be funny when Warren gets more delegates than him today. Let's see how he likes coming in fourth place out of four.