:sunglasses: 16.7 % :laughing: 66.7 % :cry: 16.7 %
By satnav
#87188
I definitely think that some insider trading has gone on over the last week or so. Last week there was a rumour that Elon Musk was about to step away from government to concentrate on Tesla which saw a sharp rise in Tesla shares which was then followed by a statement saying that he wasn't actually stepping aside then earlier this week there was a tweet suggesting that a pause in Tariffs which say a rapid rise in share prices before the rumour was dismissed.

Ultimately the pause has come about because it is almost impossible to strike up trade deals with over 70 different countries all at the same time. The problem for Trump is that he was intending money from the tariffs to fund tax cuts so he will now have to find the money from elsewhere.
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By Samanfur
#87202
Andy McDandy wrote: Wed Apr 09, 2025 7:08 pmStory goes that when he was running in 2016, Trump needed a big economic idea to make part of his platform. He dispatched one of his sons/SiLs to find something.
The version of the story I saw named Jared Kushner.
By satnav
#87221
On GMB this morning former chancellor Kwasi Kwarteng described Trump as 'entertaining'. I'm not sure this view will be shared with people whose pension funds are invested in the stock market or people working for car companies who rely on sales in the US to stay in business. I suppose we could have described Liz Truss as entertaining when she was briefly PM but she wasn't very entertaining for anybody with a mortgage.
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By Abernathy
#87257
Well, this is rather interesting :
Mark Carney handed Trump a Trump Card!
Remember when Mark Carney increased Canada’s holdings of U.S. Treasury Bonds while the world braced for Trump’s trade wars and annexation talk?
You may have missed it, boring news really.. but it wasn’t boring at all and I believe I was missing the bigger picture in an earlier post, saying it was to protect our economy.
Carney’s move wasn’t JUST to safe guard our economy!
… it was strategy, it was leverage! And it was brilliant (albeit boring economics analysis to read through!)
After reading and fact-checking a friends post this morning, I learnt a bit more: that Carney’s stop in the EU was no photo-op.
He was meeting with key foreign economic players, laying the groundwork for what needed to happen if things went off the rails due to Trump:
🇨🇦 A coordinated act of off-loading U.S. Treasury Bonds.
🇨🇦 Not in a panic. In precision.
Then Mark Carney and Trump finally spoke and I believe Carney laid it out clearly to Trump:
If Canada dumps its U.S. bonds, we won’t be alone.
Others will follow — and the US dollar will drop like a rock! 🪨🇺🇸
Basically: HURT US AND WE WILL HURT YOU! That’s not noise. That’s financial deterrence. That’s global respect.
After that call Trump learned how to say “Prime Minister” which has me thinking Mark Carney indeed handed Trump a trump card!
So, as Trump was busy yelling that NATO allies like Canada were “delinquent” — he was ignoring the fact that Canada, along with Japan, China, France, and others, is literally financing the U.S. government, including its trillion-dollar military.
As of early 2025:
Foreign countries hold $8.53 trillion in U.S. debt.
Canada alone holds over $350 billion of it.
So tell me again — who’s really getting the free ride?
Carney didn’t just issue US bonds and go on a publicity tour in Europe.
He gave Canada a seat at the grown-ups’ table — and a hand on the lever that could shake the global economy if it came to that.
Trump may talk tough but he is sinking the market.
Mark Carney has the skill to move markets.
________________________________________________________
I do the fact checking, so you don’t have to, but if you wish to disagree, fee free to fact check on your own. I cannot post news articles to back my opinions above, but feel free to search:
🧾 “U.S. Department of the Treasury Major Foreign Holders of Treasury Securities site home.treasury gov”
🧾 “Canada U.S. Treasury bond holdings August 2024 genspark ai”
🧾 “Trump Canada delinquent NATO 2019 on globalnews”
By satnav
#87280
I just found this on the USA Today website.
After Kennedy's remarks, Trump said without any basis that autism could be caused by "something artificial" and "maybe it's a shot."

"There will be no bigger news conference than that...," Trump said. "If you can come up with that answer where you stop taking something, you stop eating something, or maybe it's a shot. But something's causing it."
Kennedy appears to describe autism as an epidemic, but there is no evidence to back up such a claim. If there has been a rise in people being diagnosed it probably down to the fact that it is now easily to get a diagnosis because more people are trained to carry out the necessary tests.
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By Andy McDandy
#87282
Andrew Wakefield was a fraud who falsified data, and carried out unethical experiments on children. He wanted to discredit the MMR vaccine so he could flog some snake oil he'd cooked up.

That is it.
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By Boiler
#87311
The head of the US military base that was visited by vice-president JD Vance has been fired for criticising Washington’s agenda for the Arctic island, AFP has reported.

https://www.theguardian.com/world/live/ ... 692b424650

(apologies if the link doesn't take you directly to the story)

The more actions you see of this 'government', the more you hear of Trump speaking (that's assuming you can put up with that for more than a few seconds), the more you think that it is the language and behaviours of mobsters.
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