« Typically, A Crisis Drives Investors To The Safe Asset Of Treasury Bonds. But Now A Trump-invented

« Typically, a crisis drives investors to the safe asset of Treasury bonds. But now a Trump-invented crisis is doing the opposite and driving them away. This is a major problem both because US interest payments on its debt will rise and because it heightens the risk of a financial crisis.

The reason for investors’ flight from US bonds seems obvious — a country run by a “madman” who’s willing to throw millions of business models into chaos on a whim does not seem particularly stable and reliable. The US’s global reputation was the safest place in a storm, but now, Trump is causing the storm, and investors are responding by fleeing the US. »

— Andrew Prokop at Vox.

Donald Trump's craziness is weakening the demand for US Treasury bonds. The alarming flight away from these bonds is what made him flip flop on a majority of tariffs.

In general, Trump is making the US economy look frightening rather than a safe haven.

This is what happens when you put a demented narcissistic nutcase with six bankruptcies in charge of the world's largest economy.

More Posts from Kyn-elwynn and Others

3 months ago
Anyone Who Has Ever Worked For A Company That Was Bought Out By PE Firms Knows Just How Disastrous It

Anyone who has ever worked for a company that was bought out by PE firms knows just how disastrous it is.  

2 months ago

I still think it’s objectively fucked how the world is built for morning people and if you wake up later than everyone else you’re seen as a malicious aberration of some sort. I am that but it’s not because I wake up at 11 fuck yourself

1 month ago
Dance Like A Bird - It Works Vaughn's And Hedwig's Idea Of Fun Includes Goofy Dancing With Each Other.
Dance Like A Bird - It Works Vaughn's And Hedwig's Idea Of Fun Includes Goofy Dancing With Each Other.
Dance Like A Bird - It Works Vaughn's And Hedwig's Idea Of Fun Includes Goofy Dancing With Each Other.
Dance Like A Bird - It Works Vaughn's And Hedwig's Idea Of Fun Includes Goofy Dancing With Each Other.

Dance like a bird - it works Vaughn's and Hedwig's idea of fun includes goofy dancing with each other. Plus Vaughn is respectful to Hedwig's quality beetle time I drew this mini-animation recently and decided to make a post with a couple of other dancing arts. Some of them are pretty old, but I've freshen them up a little bit. Also, I do have a pet Goliath beetle IRL

3 months ago
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11 months ago

I bought a nice storage box at an estate sale without looking inside, and it was full of 8mm home videos.

It should be the start of a horror movie, and it kind of is, in the way that we see the past.

The films were made by a young, rural father throughout the 40s-50s filming in excessive and loving detail his baby son and homely but sweet-looking wife. The things that he chose to film belie this idea of “traditional family values” and masculinity, especially in the American and Canadian West (it’s unclear what side of the border they were living on.)

This young man was trying creative and artistic ideas with his hobby (his camera), like filming his wife doing her hair through the mirror, lots of landscapes, and flowers growing in their tiny garden.

The thing that struck me so much was the complete adoration of his family, in a way that might not be “50s Dad-Husband.” He’s spending hours of film taking care of and documenting teaching his son to garden. He sets up the camera to film himself and his wife laughing while doing the dishes. He gives her a gag gift of an apron for Christmas and she throws it at him while laughing. Her real present was a pair of hiking boots, which she is adorably delighted by.

This family was working poor, with a tiny rural house, and the home films capture warts and all. Instead of “Leave It To Beaver” dynamics, we have a family who should embody what people think of as the worst (or best) of 50s families, but absolutely do not.

The 50s weren’t the glossy advertising version that conservatives want to “return to”. This family was poor, and the camera was clearly the one hobby that the husband allowed himself. The young parents are delighted but exhausted. They are sharing housework. The homely but adorable young mother has terribly crooked teeth and wears overalls in the garden. Dinner parties include a surprisingly diverse group of friends.

I think the estate sale was after the death of the (now elderly) little boy in the films.

We can’t go back to an era that didn’t exist in the way that we assume it did. Even the 50s were full of complex and interesting people who weren’t just Suzy Homemakers and Pipe-smoking Fathers.

My point is that history is more complicated than we think. We can’t go back to a world that only existed in advertisements, and there were people living and loving each other throughout history.

I was struck by how much this young father loved his family and was so invested in his child and partner. He wouldn’t fit into any “traditional masculinity” molds, but he was delighted by his camera and capturing the things important to him. I’m so glad that I got to see his life through his eyes.

2 months ago

Working on the turrent miniboss for today's Nightmare Kart dev post!

The turret's gimmick is that the player has to duck underneath the train to get around the armor plating and shoot the exposed tank on the back, which will cause the turret to take damage and turn around, restarting the gameplay loop.

What you see here is a very sloppily programmed proof of concept, so expect it to be a little more polished in the near future! Support this games development on patreon!

1 month ago

Martina McBride didn't win Country Music Association Song of the Year for a song about how burning your house down with your abusive husband still inside it is good, noble, and an allegory for the American Revolution for people to act like the genre belongs to bootlicking fucks

3 months ago
The Goal Is To Harm The Poorest Among Us.

The goal is to harm the poorest among us.

No government department was ever created because someone was doing the right thing.

2 months ago

it's crazy how many super duper patriarchal things get retroactively justified in the name of being about love. yeah I'm sure women taking their husbands surname has always 100% been about recovering from trauma and distancing yourself from abusive family or whatever and has absolutely nothing at all to do with women being seen as property. great work here everyone, marriage as a concept has been redeemed through the power of pop psychology

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