schema

joined 2 years ago
[–] schema@lemmy.world 28 points 1 day ago

"Now if we just could be a little bit more like the republicans, that'll surely work this time around."

[–] schema@lemmy.world 15 points 2 days ago (2 children)

Looks like part of the seam came off, but not sure what to call those.

[–] schema@lemmy.world 16 points 2 days ago

Yeah even $500B seems like extremely low balling it.

[–] schema@lemmy.world 4 points 2 days ago (1 children)

Is that a t3 UEF power generator? Looks amazing!

[–] schema@lemmy.world 12 points 3 days ago* (last edited 3 days ago)

This kind of happened to me when I visited New York like 20 years ago. I ordered an ice coffee, and the lady asked me "what size?" I looked at her confused for like 30 seconds until I finally figured out that she didn't want me to explain what ice is... I still feel stupid thinking about it.

[–] schema@lemmy.world 1 points 6 days ago

Hell yeah! Just heard of it yesterday and immediately signed.

[–] schema@lemmy.world 2 points 2 weeks ago

I agree. The bags we get are now resealable and it makes a huge difference.

[–] schema@lemmy.world 13 points 3 weeks ago

Spriggan Cat, protector of catnip.

[–] schema@lemmy.world 2 points 3 weeks ago* (last edited 3 weeks ago)

Yes, because the tariffs already indirectly bind the hands of the Fed. Besides a bit of QT (which doesnt really help because of massive deficit), they can neither raise, nor lower rates without causing a big fire as long as the tariffs are in place, but the situation is getting worse by the day, and reality will soon hit like an empty truck.

And honestly, because of this massive shift in distrust in the US market, even backtracking all tariffs to zero would likely not work anymore.

And the most ironic thing is that due to inflation, even when everything goes back to the way it was before trump (it won't), the US will end up with a bigger trade deficit than before, because the loss of value of the dollar.

[–] schema@lemmy.world 2 points 3 weeks ago (2 children)

Usually the institution that prevents a recession from becoming a depression is an independent Fed. If Trump and his cronies get their hands on that, there is a high chance it's going to be one.

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