6 Comments
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Dianne Warner's avatar

Brilliant analysis and most welcome.

Bill Buchanan's avatar

Thanks again, Mike. You brighten my world every Sunday. Kudos!

Mitch's avatar

"What you cannot argue with is that a coalition increasingly built on the most psychologically distressed quartile of the population is not going to be stable. It is not a coalition. It is a clinic. "

LMAO

TomD's avatar

All great stuff, to be sure. But as the US and world economy continue to tumble into the toilet, I find myself not caring much about any of these wins. The financial losses are what I and too many others experience first hand every day. So please tell me where that win is. And don't give me the Lindsey Graham BS about short term pain for long term gain. When gas is 50% higher than it was a short time ago, when farmers can't get fertilizer, when airfares price many out of the market, and the list goes on I really don't see any winning. But I guess you and Don are happy with his god like gold statue at Doral. Now down, please

Mike Kimelman's avatar

No doubt the short term pain of higher gas prices and airfares is leaving a mark. My hope and Trump's bet is that 4-6 months of higher gas prices which depending on how much you drive might be $30 a week or more, is worth the gamble to remove the biggest sponsor of terror and country responsible for much of the unrest in the world (including financing subversives here at home). Either way, the economy is hardly in the toilet. The US economy remains red hot and is showing gains in productivity and growth in most places that dwarfed the previous 4 years, and this will accelerate as reshoring continues to happen. Nevertheless, it very much remains an economy of haves and have nots, and there will continue to be bifurcation between those with assets and capital, and those further down the ladder bearing the brunt of the ai layoffs and other paradigm shifts that are happening and will continue to happen. Those are big wave changes that are unavoidable; I'll make my wager with the guy who has brought trillions of capital home, is massively reshoring and rebuilding US supply lines and factories, and is continuing to press on remigration/deportations vs the group that threw the border wide open and had us nearly as a vassal state to China.

TomD's avatar

The US economy remains red hot for those playing the stock market and the insider trading. The 1%. For those of us on fixed incomes, not so good. I will hope you're correct with your predictions but believe that even if this disaster ends in 4 to 6 months, the big corporations will keep prices high. Not to mention, even if over in that time, many others seem to believe that it will take another 6 to 12 months to get oil back in the pipeline to make a difference. As for reshoring, all I've seen are promises from companies like Apple. Just where are those new factories?? And yes, I'm happy with the closed borders, ICE and deportations and am certain Kamala would have continued and probably made worse the economy, etc of the Biden years. Just tough times for many