Market continues to crash

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roflolmao

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Mechafanboy said:
US 10 year bonds sitting at 4.29%. not that high, but if other states were to lose confidence in the dollar and ditch their bonds, this can prove catastrophic for the US treasury, especially with Trump sabo-ing his own IRS...

I thought GoP are supposed to be masters at economics ?? but they cannot get their act together when it comes to federal finances. If you want others to value your currency, at least treat others as equals. This Trump admin is totally clueless.
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What happens if other countries sell their bonds? Why is it a big deal? USA debt outstanding will still be outstanding, just that the creditor change
 
coyote

coyote

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roflolmao said:
What happens if other countries sell their bonds? Why is it a big deal? USA debt outstanding will still be outstanding, just that the creditor change
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When the bond matured, you need to pay back the money. 1, America do not have that USD900B in cash 2, America has to find other buyers for their USD900B bond, who? If nobody wants to buy, then they have offer higher coupon rate(interest). 3, the prevailing interest rate is likely still much higher than few years ago, so if interest rate stays high as Powell refused to bow to Trump's pressure, America has to sell the bond at much higher coupon rate and high interest rate is a killer to the federal government. If they can't pay, the US government have to stop operating, not paying the civil servants or raise the debt ceiling forever... Like the few previous presidents did.

That's why the Chinese analyst should be right that, this tariffs war is actually Donald Trump's effort to save America government from bankruptcy... though overdone... At least he should not have done it to both allies and foes... Or perhaps he has calculated that even all the tariffs or extortion monies from his foes add together are not enough to save America and thus he roped in the allies too for this tariff war and it's back firing badly now?

And if you read his demand for the tariffs, there is only one conclusion. He needs money, lots and lots of money!
 
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MrAwesomeX

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coyote said:
When the bond matured, you need to pay back the money. 1, America do not have that USD900B in cash 2, America has to find other buyers for their USD900B bond, who? If nobody wants to buy, then they have offer higher coupon rate(interest). 3, the prevailing interest rate is likely still much higher than few years ago, so if interest rate stays high as Powell refused to bow to Trump's pressure, America has to sell the bond at much higher interest rate and high interest rate is a killer to the federal government. If they can't pay, the US government have to stop operating, not paying the civil servants or raise the debt ceiling forever...

That's why the Chinese analyst should be right that, this is Trump's effort to save America government from bankruptcy... though overdone... At least he should not done it to allies and foes... Or perhaps he calculated that even all his foes add together are not enough to save America and thus he roped in allies for this tariff war and it's back firing now?

And if you read his demand for the tariffs, there is only one conclusion. He needs money, lots and lots of money!
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What if china sell but euro and other nations buy it cheap use as bargain chip for tariffs .

Let china mati alone so they can prosper?
 
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AuraKUPO

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galaxynote said:
really bro? Will it drop alot?
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A dead cat bounce is a short, weak rebound during a downtrend that lacks strong volume or momentum and often fails at resistance, while a **true rally** shows sustained gains, rising volume, and breaks key resistance with higher highs and higher lows.

Source chatgpt

What we are seeing is a dead cat. It will drop 25% - 30% at least. We are only at 20% before the cat bounce
 
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AndreFLo

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AuraKUPO said:
Not only I'm the one saying tonight will circuit breaker and the future is red now. Only the daft and delulu refused to believe that it's a bear market now
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Actually it seems you are the only one doing the fear mongering and saying will have circuit breaker. But then you have been saying that for the past few nights already, nothing new at all. :s8:
 
iMac

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images


XJP phone spoilt ? Why didn't he call Trump ? :ROFLMAO:
 
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