Octopus Overlords

IceBear wrote: Wed Apr 09, 2025 3:30 pm That's why there's belief that April 20th he's going to impose martial law. He declared an emergency on Jan 20th at the southern border and asked for it to be "studied" and a report given in 90 days. He and Vance went down there a few weeks ago for a photo op. There's speculation that the report will find that he'll need to invoke some act (can't remember the name now) so he can impose martial law and lock down any protesting. Probably why he already cleared out the JAG and anyone with a conscience in the military where he could

IceBear wrote: Wed Apr 09, 2025 3:30 pm That's why there's belief that April 20th he's going to impose martial law. He declared an emergency on Jan 20th at the southern border and asked for it to be "studied" and a report given in 90 days. He and Vance went down there a few weeks ago for a photo op. There's speculation that the report will find that he'll need to invoke some act (can't remember the name now) so he can impose martial law and lock down any protesting. Probably why he already cleared out the JAG and anyone with a conscience in the military where he could

Kraken wrote: Wed Apr 09, 2025 4:08 pm The Constitution makes no provision for martial law -- military rule. Trump could invoke the Insurrection Act to station troops in US cities. That occupation government would feel like martial law, but the generals won't be in charge without staging an outright coup. And right now a military coup sounds kinda tempting compared to four years of capricious oppression and decline, but if we do go there the USA is over and done with.

Roman wrote: Wed Apr 09, 2025 4:00 pm

IceBear wrote: Wed Apr 09, 2025 3:30 pm That's why there's belief that April 20th he's going to impose martial law. He declared an emergency on Jan 20th at the southern border and asked for it to be "studied" and a report given in 90 days. He and Vance went down there a few weeks ago for a photo op. There's speculation that the report will find that he'll need to invoke some act (can't remember the name now) so he can impose martial law and lock down any protesting. Probably why he already cleared out the JAG and anyone with a conscience in the military where he could

I am not piling on here but didn't you express stress/anxiety from all the BS that Trump is causing for us here in Canada/Globally? Get off the social media blackhole man for the sake of your mental health.

When you say things like 'there's belief that....martial law....' you sound more like Trump does with his 'everyone is saying' bullshit.

Trump wrote:Within 90 days of the date of this proclamation, the Secretary of Defense and the Secretary of Homeland Security shall submit a joint report to the President about the conditions at the southern border of the United States and any recommendations regarding additional actions that may be necessary to obtain complete operational control of the southern border, including whether to invoke the Insurrection Act of 1807.

Kraken wrote: Wed Apr 09, 2025 4:08 pm The Constitution makes no provision for martial law -- military rule. Trump could invoke the Insurrection Act to station troops in US cities. That occupation government would feel like martial law, but the generals won't be in charge without staging an outright coup. And right now a military coup sounds kinda tempting compared to four years of capricious oppression and decline, but if we do go there the USA is over and done with.

Confidence in the US economy is plummeting as investors dumped government debt amid growing concerns over the impact of Donald Trump's tariffs.

Governments sell bonds - essentially an IOU - to raise money from financial markets for public spending and in return they pay interest.

The US does not normally see high interest rates on its debt as its bonds are viewed as a safe investment, but on Wednesday rates spiked sharply to touch 4.5%.

The rise came after Trump pressed ahead with sweeping tariffs on goods being imported into the US, while Washington's trade war with China escalated further - although Trump on Wednesday did put a 90-day pause on higher tariffs for some countries.

Smoove_B wrote: Wed Apr 09, 2025 10:59 am

Brian wrote: Wed Apr 09, 2025 10:37 am You know he's not talking to regular people here. He doesn't give a fuck about them.

And overwhelmingly it's the regular people that (1) voted for him and (2) hang on his every word. Kinda weird, right?

Brian wrote: Wed Apr 09, 2025 5:49 pm

Smoove_B wrote: Wed Apr 09, 2025 10:59 am

Brian wrote: Wed Apr 09, 2025 10:37 am You know he's not talking to regular people here. He doesn't give a fuck about them.

And overwhelmingly it's the regular people that (1) voted for him and (2) hang on his every word. Kinda weird, right?

Yeah, I have been baffled from the beginning and continue to be so.

Gasparino said that the administration ultimately pulled back because of threats that Japan — which he said runs " major money management firms that are involved in the bond market" — was contemplating dumping some of its estimated $1.26 trillion in U.S. Treasury securities. Gasparino said Japan "forced [the administration's] hands" with the move, and said that he was told Japan now believed the United States bond market "was not a great place to do business."

"He had no choice," Gasparino added. "The gun was at his head. It was very bad."

Essentially, U.S. Treasury securities — which make up the vast bulk of the $36 trillion national debt — are the primary way in which institutional investors and foreign governments choose to park their money. While the FDIC only guarantees bank deposits up to $250,000, U.S. Treasury securities are guaranteed by the full faith and credit of the U.S. government. But if a major buyer of treasuries decided to dump their holdings, it could potentially trigger a sell-off throughout the rest of the bond market, causing a global financial crisis.

El Guapo wrote: Thu Apr 10, 2025 8:18 pm Look, Trump seems to genuinely believe that the U.S. should have a trade surplus with literally every other country on the planet, and relatedly that importing more than one is exporting (from anyone!) is a loss for the U.S. There's no way this ends well.

El Guapo wrote: Thu Apr 10, 2025 8:18 pm Look, Trump seems to genuinely believe that the U.S. should have a trade surplus with literally every other country on the planet, and relatedly that importing more than one is exporting (from anyone!) is a loss for the U.S. There's no way this ends well.

YellowKing wrote: Thu Apr 10, 2025 8:08 pm Yeah we are still f-ing around. We won't be finding out until we're plunging into recession later this year.

[later] I don't get why our pizza slices have such terrible reviews; the geotextile-infused sauce gives the toppings incredible slope stability!

My god… 10yr 4.5%

Yields going vertical.

In short, the U.S. Treasury market -- a central pillar of the global financial system -- came under heavy selling pressure, sending 10-year borrowing costs surging.

At one-point, 10-year bond yields were set for their biggest weekly jump in more than a decade. Bond yields move inversely to the price. Trading at 4.27% on Thursday, those yields are comfortably below Wednesday's peak of 4.51% . They are also well below the high of almost 5% hit in late 2023 and the double-digit levels seen in the 1980s.

Notably, this jump was a sharp reversal of the initial fall seen after Trump's sweeping tariff announcement last week that raised U.S. recession risks and expectations for rate cuts.

Max Peck wrote: Fri Apr 11, 2025 8:55 am It's been suggested that the bond market activity is what spurred the tariff "pause".

What just happened in the US Treasury market?

In short, the U.S. Treasury market -- a central pillar of the global financial system -- came under heavy selling pressure, sending 10-year borrowing costs surging.

At one-point, 10-year bond yields were set for their biggest weekly jump in more than a decade. Bond yields move inversely to the price. Trading at 4.27% on Thursday, those yields are comfortably below Wednesday's peak of 4.51% . They are also well below the high of almost 5% hit in late 2023 and the double-digit levels seen in the 1980s.

Notably, this jump was a sharp reversal of the initial fall seen after Trump's sweeping tariff announcement last week that raised U.S. recession risks and expectations for rate cuts.

Max Peck wrote: Fri Apr 11, 2025 8:55 am It's been suggested that the bond market activity is what spurred the tariff "pause".

What just happened in the US Treasury market?

In short, the U.S. Treasury market -- a central pillar of the global financial system -- came under heavy selling pressure, sending 10-year borrowing costs surging.

At one-point, 10-year bond yields were set for their biggest weekly jump in more than a decade. Bond yields move inversely to the price. Trading at 4.27% on Thursday, those yields are comfortably below Wednesday's peak of 4.51% . They are also well below the high of almost 5% hit in late 2023 and the double-digit levels seen in the 1980s.

Notably, this jump was a sharp reversal of the initial fall seen after Trump's sweeping tariff announcement last week that raised U.S. recession risks and expectations for rate cuts.

LawBeefaroni wrote: Fri Apr 11, 2025 7:43 pm

Max Peck wrote: Fri Apr 11, 2025 8:55 am It's been suggested that the bond market activity is what spurred the tariff "pause".

What just happened in the US Treasury market?

In short, the U.S. Treasury market -- a central pillar of the global financial system -- came under heavy selling pressure, sending 10-year borrowing costs surging.

At one-point, 10-year bond yields were set for their biggest weekly jump in more than a decade. Bond yields move inversely to the price. Trading at 4.27% on Thursday, those yields are comfortably below Wednesday's peak of 4.51% . They are also well below the high of almost 5% hit in late 2023 and the double-digit levels seen in the 1980s.

Notably, this jump was a sharp reversal of the initial fall seen after Trump's sweeping tariff announcement last week that raised U.S. recession risks and expectations for rate cuts.

It's because US debt is no longer viewed as the premier safe haven. Trump shat all over that and now investors in the US and the rest of the world are finding other avenues for safety.

And increased treasury rates mean the national debt increases even more. Death spirals can start this way.