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We are on the Verge of Economic Catastrophe

A recent study showed that a shocking 37 British people have considered moving to Russia. That's what, about .00000000578% of 1% of their population!
Ah, that’s highly significant, except … how many actually moved to Russia? How many moved to Russia without consideration?
It would make sense to me if it turned out that the majority of those who actually moved to Russia, did so without consideration. Considering it’s Russia, that would almost have to be the case. So the total who moved could be 100x your estimate, representing a shocking 0.000000578% of the population!
😳
 
It mostly stems from a kiosk in Piccadilly Circus called Vlad & Trevor's. Vlad was serving blini with sour cream and hot cups of beef stroganoff. Trevor had paper cups of jellied eel and parsnip sandwiches. Vlad had Baltika Dark (beer) and Trev had Lucozade. You decide if you need a visa, at that point.
 
Yes, it's quick shocking and distrubing. A recent study showed that a shocking 37 British people have considered moving to Russia. That's what, about .00000000578% of 1% of their population!

Article said:
relocation to our country of people who share traditional values.
I think this is an absolutely wonderful idea. Leave the western world to us degenerates.
 
Yes, it's quick shocking and distrubing. A recent study showed that a shocking 37 British people have considered moving to Russia. That's what, about .00000000578% of 1% of their population!

Article said:
relocation to our country of people who share traditional values.
I think this is an absolutely wonderful idea. Leave the western world to us degenerates.
wellbye.gif
 
Economy added only 22,000 jobs. Expect the market to plunge... or maybe it'll go up 500 points because it figures rates will drop 0.5 pts now.
article (poorly written?) said:
In July, the economy created 73,000 new jobs. Those figures were revised on Friday to show there were 79,000 jobs created during the month. Revisions to June's data, however, were more negative with those numbers now showing there were 13,000 jobs lost during the month. Revisions in early August had brought June's job growth down to 14,000.
June: -13,000
July: 79,000 (73,000 ?)
August: 22,000

Trump will get on the bullhorn demanding rates be lowered to deal with the job losses caused by his reckless and counterproductive tariff policies. Fed likely will be looking to lower rates, but the problem is, that'll be very inflationary as the negative pressures from Trump's TACO tariff maneuvers and actual tariff maneuvers are hurting the economy. And the GOP won't tell him to stop! The other thing... unemployment is still only 4.3%. That is about the level the Fed wants. They don't want lower because that creates inflation in working wages, which caused inflation broadly in the economy. Any one aware of when unemployment was this low, while job growth was this low?

Regardless, this sounds like a Democrat in the White House in 2028, if we still have a Democracy by then. But it'll hurt.
 
Economy added only 22,000 jobs. Expect the market to plunge... or maybe it'll go up 500 points because it figures rates will drop 0.5 pts now.
article (poorly written?) said:
In July, the economy created 73,000 new jobs. Those figures were revised on Friday to show there were 79,000 jobs created during the month. Revisions to June's data, however, were more negative with those numbers now showing there were 13,000 jobs lost during the month. Revisions in early August had brought June's job growth down to 14,000.
June: -13,000
July: 79,000 (73,000 ?)
August: 22,000

Trump will get on the bullhorn demanding rates be lowered to deal with the job losses caused by his reckless and counterproductive tariff policies. Fed likely will be looking to lower rates, but the problem is, that'll be very inflationary as the negative pressures from Trump's TACO tariff maneuvers and actual tariff maneuvers are hurting the economy. And the GOP won't tell him to stop! The other thing... unemployment is still only 4.3%. That is about the level the Fed wants. They don't want lower because that creates inflation in working wages, which caused inflation broadly in the economy. Any one aware of when unemployment was this low, while job growth was this low?

Regardless, this sounds like a Democrat in the White House in 2028, if we still have a Democracy by then. But it'll hurt.
22,000. Someone needs to be fired. Trump reissued the real number of jobs added: 220,00. He just used some whiteout and a Sharpie but it comes from the Office of the President of the United States!!!

BCleaning Up Another Republican Mess.
There's your campaign slogan.
 
Trump's pick to head the BLS sure stirs confidence. NOT.

He's a deplorable whack job.

President Donald Trump’s nominee to lead the Bureau of Labor Statistics operated a since-deleted Twitter account that featured sexually degrading attacks on Kamala Harris, derogatory remarks about gay people, conspiracy theories, and crude insults aimed at critics of President Donald Trump.

Antoni has positioned himself as a watchdog for government accountability in media appearances and Heritage Foundation blog posts. But his own digital trail reveals a pattern of incendiary rhetoric that veered frequently into conspiracy theories and misogyny.

The account posted at least five sexually suggestive tweets implying that then Sen. Kamala Harris had advanced her career through sexual favors.

Shortly after Harris ended her 2020 presidential campaign, Antoni wrote, “You can’t run a race on your knees,” in response to a tweet of a doctored campaign poster that depicted a sexually explicit image of Harris.

Antoni also referred to Christine Blasey Ford, the woman who accused Supreme Court Justice Brett Kavanaugh of sexual assault, as “Miss Piggy.”

Unlike McEntarfer, who had decades of experience working in government, Antoni has none. He earned a Ph.D. in economics from Northern Illinois University in 2020 and took positions at the Texas Public Policy Foundation and the Heritage Foundation, where he now works as an economist. The Heritage Foundation is the architect of Project 2025, which envisioned a blueprint for Trump’s second term.

The username and display name appear to be a reference to “Bombs Away LeMay,” a reference to the Cold War general and his controversial stance promoting the use of nuclear weapons. LeMay ran alongside segregationist George Wallace on his 1968 presidential ticket for the far-right American Independent Party.

In other posts, Antoni frequently targeted progressive congresswomen in the so-called “Squad.” He called Rep. Alexandria Ocasio-Cortez a “whack job” and “space cadet.” In November 2019, he called her an “antisemite” after she led an effort to try to force Trump White House staffer Stephen Miller to resign after leaked emails showed Miller shared articles from a White nationalist website before he worked at the White House.

In March 2020, Antoni tweeted about Democratic Rep. Rashida Tlaib, a Trump critic, saying “No one wants to have sex with that catfish.”

When Rep. Ilhan Omar of Minnesota tweeted in support of “LGBTQIA+” issues, Antoni invoked a debunked conspiracy theory that Omar was married to her brother. “Does the I stand for incest? With your brother?” he wrote.

He also repeatedly tweeted that liberal economist Paul Krugman was a pedophile, a smear for which there is no evidence

And in March 2020, he dismissed LGBTQ people’s existence, writing: “There is only one sexual orientation — everything else is a disorientation.”


Some of his other provocative posts were sexually graphic anti-gay taunts at CNN anchors Don Lemon and Anderson Cooper, both of whom are gay.

More of his shit in the CNN story
 
January 20, 2026
8 p.m.
Oval Office
Trump (to camera one) Good evening. Tonight marks the first anniversary of my second term, and I'm sure you have been hearing the exciting news events that have occurred today.
The OMB reported that our budget deficit for the first year has climbed from 1.9 trillion to 7.7 trillion. Today, I fired the head of the OMB. Problem solved.
The BLS reported that combined job numbers increased only 78 in the combined months of November/December, that's right, 78, and 15 of those were suicide prevention counselors and another 20 were prostitutes. And there's some WalMart greeters in there. You know what? I fired the department. No more BLS BS.
I know you heard that the Federal Reserve reported our five largest banks have closed. I ordered Pete over at War to do a drone strike on the Fed. Promise made, promise kept.
Mitch McConnell is urging the Senate to vote to default on all U.S. debt, which also means your Social Security checks will start to bounce like fucking volleyballs starting next Wednesday. But you know Mitch (Trump crosses eyes, slants head, hangs tongue out of the side of his mouth.)
I know you heard that Pres. Xi has called in all debt that Red Jina holds on us. And you know what? That amounts to only 750 billion, that's right, billion, not trillion, so that is chicken feed compared to the 1.1 trillion that Tokyo holds, and Tokyo is standing proud with Trump.
(Phone rings.)
Trump (picks up) Yeah? They did? All of it? Are you positive?....Fuck you. (hangs up) Okay folks, that was my ambassador in Japan, or he was until I just said sayonara to him. (shouts off camera) Get me the Enola Gay people! STAT!! (to camera one) Okay, some would say we're in deep doodoo, or shit as we big boys say, but many people are saying Trump is right, Trump knows how the world works. And you should listen to those people. Because I know more about debt than the biggest deadbeats in history. I've stepped into more heaping, stinking piles of debt than Mr. Greenjeans. My father used to call me Slumpy Slumperton before he lost his goddamned mind. I ran Trump Casinos, Trump University, Trump Mortgage, Trump Steaks, the Trump Network, Trump Vodka, Trump Ice which was goddamn good water, the Trump Home Collection, Trump fragrances so you can smell like I smell, Trump Magazine, the Trump Institute, and I even made the Trump Game. And you know what? They were all a bunch of shit and they all amounted to fuckall and I ran all of 'em into the ground, but I'm still here. Think about that. And I made more last week from crypto than my grandpa made in his whole life running whores in Seattle.
I leave you with this, America. Stand with Trump and you will not fail, you cannot fail. Those Social Security checks, we'll see.
God bless America. (Image fades on photo of Trump holding a photo of Trump.)
 
Trump's pick to head the BLS sure stirs confidence. NOT.

He's a deplorable whack job.

More of his shit in the CNN story
There is an interesting issue her. Trump tries to lie and says employment is great... no interest rate cuts. Trump doesn't interfere with the numbers, and it makes his policies look like a failure as they are directly responsible for the economic issues coming forth.

And then Trump has the other issue, inflation data... he needs to fire the people releasing that too.
 
The Guardian has an opinion piece subtitled "Donald Trump maelstrom likely to leave US economic model unrecognisable".

The article points out that America's failure to set a good example began before Trump:
Whatever emerges from another three and a half years of this maelstrom is likely to be unrecognisable as the US economic model of recent decades. Its destruction has not happened overnight. The days were already long gone when the US, as the world’s undisputed economic superpower, could export free market, financialised capitalism worldwide.

After the 2008 crash, the conditions for which were created in Wall Street boardrooms, any moral or practical claim the US had to offer an economic example to other nations evaporated. As the turmoil rippled out through the global economy, and the US government responded by bailing out large chunks of its financial sector, the lie of laissez-faire was laid bare.

Ray Dalio -- celebrated for successful market timing and now turned pundit -- worries about 'an impending “debt-induced heart attack in the relatively near future,” which he said could strike the U.S. economy within the next three years.'

If we imagine that the gods on Mt. Olympus are pulling on our puppet-strings for their own amusement, Trump-47 is just a slapstick interlude in a tragicomedy that began when Trump was still sniffing teenagers with his pal Epstein.

American capitalism has almost become a caricature of itself. 65 years ago there were no billionaires. Zero. Now we see Elon Musk arguing that a $50 billion annual salary and $100s of billions in stock is not enough to keep him motivated to share his genius with Tesla, and Tesla stockholders agreeing, updating his contract in a way likely to turn him into a Trillionaire.

The corruption of America's banking system is increasingly on display. Private banks are too big to fail, and FedRes policies are aimed at ensuring their profitability. The IMF was intended as a sort of "banker to the world" with its cutesie Five Pillars: "people, prosperity, planet, peace, and partnership", but in fact, a high priority of the IMF has been coercing struggling countries to repay their loans to New York banks. The symbiosis between America's central bank and its private banks is a two-way street: The large private banks are coerced into buying Treasury debt and thus keeping interest rates under control.

How will the next few years play out? Every time the stock market falls 1% one sees breathless predictions here that sanity is taking its revenge! But then, a few days later the market soars to a new all-time high. Predicting the future is even harder than usual as Trump flip-flops from one extreme idiocy to another. The most powerful man in the world is a semi-literate with the emotions of a nine year-old ... but the proverbial butterfly near Brazil is still flapping its wings to help chaos amplify.

I am not a financial prognosticator nor do I play one on TV; so regard these points as questions for discussion.

  • "Bad" job reports are bad for job-seekers but bullish in the short term for stocks: They lead the Fed to lower short-term interest rates and that's good for assets. (Until it isn't.) Google claims that 10,000 American jobs have been lost to AI so far in 2025. (Deportations and visa-less workers forced into hiding will smudge job stats.) On the other hand, the stock market boom is being fueled by AI hardware vendors (i.e. Nvidia) and their customers. Nvidia's market-cap to employee ratio is over $100 million.
  • There is growing awareness that America's budget deficit is unsustainable; and that the long-term outlook for the Dollar is bleak. It is almost a mystery why 30-year yields are only 5%. One partial reason is that Trump is using his deal-making skills (i.e. threats) to stop foreign central banks from dumping their dollar reserves.

    There will almost certainly be a major dollar collapse long before the 30-year term is up. The problem is not just Treasury debt: Student debt and consumer debt is very high in the U.S. and debt is a problem all around the world. Six of the seven G7 countries (all but Germany) have a government debt-to-GDP ratio above 100%. The dollar collapse will NOT be a signal for the Euro or BRICS to "take over" -- "hard" currencies will collapse all around the world. Gold will soar in value. Bitcoin? I dunno but I'll guess the billionaires in charge will want to keep cryptos propped up.
  • Some top economists are predicting that tariffs will cause "Stagflation", i.e. inflation AND recession together. Other Trump policies -- e.g. deporting farm workers -- will push up prices AND reduce production. There was severe stagflation in the 1970's and early 80's; this was remedied by raising interest rates to unprecedented levels, but I don't think that remedy would be available with Trump in charge.
  • I'm not sure that major stagflation will happen soon, especially since adult leaders, if any, may come to their senses and reverse some of Trump's worst policies. But the threat of stagflation, and Trump's chaos more generally, will continue to wreak havoc on America's credibility, the strength of the Dollar, and geopolitical stability.
  • When will the stock market bubble burst? Will dollar devaluation render asset price gains moot? I dunno. But gold is now $116 per gram -- that's a record. The S&P-500 is up 50% since October 2023 when measured in dollars, but only up 30% measured in euros. It is down 23% measured in gold.
  • Those who wanted to "live in interesting times" have certainly seen their wish come true.
 
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