2024 ELECTION THREAD
The next presidential race will be here soon! Please see current Bovada odds. Thoughts?
Is anyone else rooting for a 269/269 tie? With Trump being elected president and Harris Vice President ?
That would be Gold Jerry, gold!
I am shocked that that there are people who think Trump will "evolve" ideologically in a way they consider benign. Trump worships a graven image of himself. He has no ideology. And he never will.
Self-preservation can be a great motivator. Once the government's purchasing power collapses and all the government's dependents are lined up with hands outstretched for bread, he will need a solution and libertarianism is the only place he'll find it.
initial reports seem to be all indicating very high turnout with places like philly and fulton county georgia already hitting 75% of their 2020 totals.
that should in theory be very good for harris, but who knows.
also charlie kirk is whining on twitter about the turnout which also seems like a positive sign.
It’s so unfair when people come out to vote
FRAUD! NOT FREE NOT FAIR NOT GOOD ELECTIONS!
Self-preservation can be a great motivator. Once the government's purchasing power collapses and all the government's dependents are line up with hands outstretched for bread, he will need a solution and libertarianism is the only place he'll find it.
Of all the things that aren't going to happen, this is definitely not going to happen the most.
i think a lot of that thought was from covid times.
but in general the more people that vote the better it is for the democratic party, however trumpism has somewhat put a dent in that, in fact i think i saw that republicans have closed the gap in total registrations(?). which is why i said i THINK it's probably good for harris that these places are going to be cruising past their 2020 totals, but who knows.
Self-preservation can be a great motivator. Once the government's purchasing power collapses and all the government's dependents are lined up with hands outstretched for bread, he will need a solution and libertarianism is the only place he'll find it.
This is worse than the “Bernie can still win!” people.
Self-preservation can be a great motivator. Once the government's purchasing power collapses and all the government's dependents are lined up with hands outstretched for bread, he will need a solution and libertarianism is the only place he'll find it.
Greed can do it and he has no shoratge of that. Theil, Musk etc may well buy a lot of libertarianism. They already got Vance. It's trump though so they have to link his incentives to actually doing it.
More likely they will be waiting for posttrump. Hopefully coming soon
The US government has $36 trillion of debt and long term bond yields that have only gone up since the Fed cut short term rates. Their credit is collapsing and tick tock goes the clock.
Ok there bud. Be sure to check back in in 50 years to let us know how long left till the final countdown.
I cast my vote for Chase Oliver in Arizona today while wearing my anti-communist shirt. Unfortunately, I couldn't muster up much other support for him in recent weeks but hopefully Trump will evolve towards libertarianism once the bond market collapses and he has no solutions. Cheers to everyone still struggling with the crowds and good luck to anyone living in a likely riot zone.
If the bond market collapses I imagine Trump would blame it on immigrants and double down on tariffs.
Cheers to you for voting your conscience.
The US government has $36 trillion of debt and long term bond yields that have only gone up since the Fed cut short term rates. Their credit is collapsing and tick tock goes the clock.
Yes, need more babies in order to continue to support the social security ponzi. Abortions limit babies, ponzi blows up faster. Republicans aren't about pro-life, they are pro-extending the ponzi.
The US government has $36 trillion of debt and long term bond yields that have only gone up since the Fed cut short term rates. Their credit is collapsing and tick tock goes the clock.
long term bonds purchasing is going up is like the opposite of people thinking the US is going to collapse. lmao
I cast my vote for Chase Oliver in Arizona today while wearing my anti-communist shirt. Unfortunately, I couldn't muster up much other support for him in recent weeks but hopefully Trump will evolve towards libertarianism once the bond market collapses and he has no solutions. Cheers to everyone still struggling with the crowds and good luck to anyone living in a likely riot zone.
The libertarian party endorsed trump though
If the bond market collapses I imagine Trump would blame it on immigrants and double down on tariffs.
I don't expect this will placate the food rioters. Food riots are different because they don't end until the rioters either find something to eat or perish. Trump has some extra fat on his body but not enough to feed millions unless he really is Jesus.
This is so dumb. If needed we can just give people food. Even in the event of a total market collapse it will be tough but people won’t be starving.
Homelessness way more likely than starvation.
long term bonds purchasing is going up is like the opposite of people thinking the US is going to collapse. lmao
This is somewhat difficult to interpret but yields up means bonds prices are down, because there is more supply than demand. The Treasury continually issues new ones to pay for current deficits while the Fed is selling through QT and boomers are selling to survive. Eventually the Fed will have to end QT and start QE to prevent a collapse but if they do so that will be inflationary and put even more upward pressure on long-term yields as investors demand increased yield to compensate them for increased inflation expectations. Eventually, people figure out neither the dollar nor the bond market are sound and gold reclaims its status as a medium of exchange, safe haven, and unit of account. This should be obvious now with gold up thirty percent this year versus bonds that pay a paltry 5 percent when officially-stated inflation is 3 percent, but everyone's been focused on the election.
This is so dumb. If needed we can just give people food. Even in the event of a total market collapse it will be tough but people won’t be starving.
Homelessness way more likely than starvation.
You can't give people food unless you either own food production supply chains or have something of value you can exchange with food producers for the food they have. Once fiat currencies fail, the government will have neither, unless they plan to sell off assets to exchange for food but that's only a temporary delay that still results in inevitable famine.
This is somewhat difficult to interpret but yields up means bonds prices are down, because there is more supply than demand. The Treasury continually issues new ones to pay for current deficits while the Fed is selling through QT and boomers are selling to survive. Eventually the Fed will have to end QT and start QE to prevent a collapse but if they do so that will be inflationary and put even more upward pressure on long-term yields as investors demand increased yield to compensate them for inc
In this moment, a very short term Tbill issued by the US government yields more than the 10y treasury.
That is *not* a sign the market (ie the totality of people with money worldwide) think the US government is in trouble paying it's debt, or will be in the next years, or the value of the USD will crash in the next years.
They can be wrong in the aggregate, but that's what the currenty yield curve is telling you.
