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   GhostOnTheHalfShell (ghostonthehalfshell@masto.ai)'s status on Thursday, 10-Apr-2025 01:00:21 JST GhostOnTheHalfShell

   @economics-that-works

   Safe Haven status requires a certain amount of soft power credibility.

   The money behind project 2025 and the nut jobs in Silicon Valley have obliterated it.

   (Paywalled)

   https://www.ft.com/content/0005e091-930d-46ff-9e81-8591704a9282

   #politics

   • Paul Cantrell repeated this.
   • Embed this notice
     GhostOnTheHalfShell (ghostonthehalfshell@masto.ai)'s status on Thursday, 10-Apr-2025 01:00:21 JST GhostOnTheHalfShell

     in reply to

     @economics-that-works

     “Hedge funds have trillions tied up in this kind of strategy,” he said. “As things spiral, they’re being forced to sell anything they can — even good assets — just to stay afloat . . . if the Federal Reserve doesn’t step in soon, this could turn into a full-blown crisis. It’s that serious.
     “
     Nick Lawson, chief executive of investment group Ocean Wall

     All the assumptions of investment are stood on their heads. ..

     #economics #politics

     Paul Cantrell repeated this.
   • Embed this notice
     Jess👾 (jesstheunstill@infosec.exchange)'s status on Thursday, 10-Apr-2025 01:11:26 JST Jess👾

     in reply to

     Ah yes. Billionaires screaming for bailouts or else they'll collapse the economy. This sounds familiar.

     @GhostOnTheHalfShell @economics-that-works

   • Embed this notice
     GhostOnTheHalfShell (ghostonthehalfshell@masto.ai)'s status on Thursday, 10-Apr-2025 01:12:13 JST GhostOnTheHalfShell

     in reply to

     @economics-that-works

     This is a crisis of competence, just as the Great Depression was a crisis of competence. The super rich brought this on the nation on the world.

     And they’re sick depraved immoral set of values and ideologies based on immorality or forming this generation’s national crisis.

     If you have been calling your representatives voicing your anger towards the war being waged on us from the White House. It’s time to bump it up a notch.

     #politics