pull down to refresh

65 sats \ 3 replies \ @grayruby 3 Apr \ parent \ on: The Depression of 2026 (written in 2012) econ
I think the Trump administrations plan is to take the medicine early, get rates and dollar down and then later this year do tax cuts and deregulation and have the economy and market ripping into the midterms.
This is Luke Gromen's thesis not mine but I agree.
write
preview
40 sats \ 2 replies \ @kepford 3 Apr
Yeah... I hope that is what happens. I think we are long overdo for a recession. A correction. Seems like Trump is TRYING to bring one one to me.
reply
51 sats \ 1 reply \ @grayruby 3 Apr
Yellen kept things afloat by selling a ton of short term treasuries. I think they want rates down so they can roll the debt to longer term paper at lower yields.
reply
0 sats \ 0 replies \ @kepford 3 Apr
That sounds right to me.
reply