I just realized that what Trump is doing with the financial markets is spending down his trust capital. right now, a certain number of traders react when he says something, but every time he tells a l...
people like Jay Powell understand this. Trump and the people around him do not. I experienced 2008 as an adult, and the credibility of federal messaging was very important for ensuring the entire financial system didn't just lock up. it was touch and go there for awhile. if we got a similar financial crisis with Trump and his goons at the wheel... I don't even want to think about it. terrifying.
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