ECB President Lagarde’s comments come after Trump threatened to dismiss Federal Reserve officials Jerome Powell and Lisa Cook. She also voiced concern ahead of a no-confidence vote faced by the French government.
Somehow not reassuring to think about the constant danger we’ve been in and that we haven’t, as of yet, reached the serious bit.
Trump messing deeply with us capital markets is actually on my bingo card…
He’s going to fuck this all so bad that the dollar will no longer be the world currency. It will take a few years, but it’ll happen. No one trusts us any longer, and they shouldn’t.
Exactly.
Trump unable to fire the people he hired last time. He’s so ineffective and weak. Can’t even raise a tariff - Trump is all talk.
His puppet masters are working overtime to stop him from firing Powell. The shockwaves in the financial market would indeed trickle down. LOL, for once trickle-down economics would be real!
Seriously, have you ever seen someone Trump hated so publicly, whom he could legally fire, not be fired?! He’s trying his hand at firing Cook because that’s as far as the aforesaid masters dare let him go. Also, she’s black. So score some points there.
I could be totally wrong. I’m stunned he was allowed to throw tariffs around as he has. His wealthy advisors and sycophants aren’t as dumb as we think. They got money behind them saying, “Oh FFS! Do not do this shit!” And yet he did?