55 pointsby wslh9 hours ago5 comments
  • Coffeewine6 hours ago
    Shame that the guardian describes Powell’s statement as ‘blistering’: https://www.federalreserve.gov/newsevents/speech/powell20260...

    It reads to me more as ‘tepid’. He’s obviously trying to be as apolitical as possible, but I don’t think that’s going to help.

    • 6 hours ago
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  • ZeroGravitas7 hours ago
    Following in the footsteps of other financial powerhouses like Argentina, Russia, Turkey, Venezuela and Zimbabwe.

    On the other hand, Trump catastrophicly imploding the US economy is one of the likelier good endings to this insanity.

    • embedding-shape7 hours ago
      Being a public European defence company has never been better I bet. It's hard not to see all these moved as intentionally trying to make things worse, but why? And why is there no whistleblowers leaking the "why"? They can't possibly think these things will improve the situations, right?
      • kaffekaka6 hours ago
        More power to Trump. That is the improvement they're (he) is looking for.
    • chii6 hours ago
      > good endings to this insanity.

      and why would that be a good ending? Or are you saying that such an event would collapse the superpower, in which case, it's good (but for everyone else other than that superpower)?

      • water-data-dudean hour ago
        Massively screwing up the economy would be unpopular enough that he would lose support, even from other republicans, and we might be able to stop the slide into authoritarianism.
      • comrade12344 hours ago
        I assume he means it's less bad than invading Canada and/or Greenland and even nuclear war.
        • chiian hour ago
          If anything, economic collapse of the USA is more likely to lead to war (which then increases the likelihood of nuclear weapons usage).
  • fakedang7 hours ago
    Insert Palpatine meme

    Let the stupidity and corruption flow through you....

  • Thev00d007 hours ago
    What is happening USA. Please stop.

    "It Hurt Itself in Its Confusion!"