Australian (ASX) Stock Market Forum

Trump Era 2025-2029 : Stock and Economic Comment

Well, trump & musk look like they're about to divorce.
maybe

there is a lot of bluff and bluster going on ( and not just Trump and Musk )

but Trump really needs to thin the ranks of Government employees ( as do many Western Governments )

will they fall into the AI trap trying to do so
 
Well, trump & musk look like they're about to divorce.
It will be interesting to see whether the Republicans in the Senate resist the huge debt increases.

I think Musk’s resistance will give them a bit of resolve.
 
"The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts," Trump wrote on his social media network.

"This just gets better and better," Musk quickly replied on X. "Go ahead, make my day."

Musk then said, without offering evidence of how he might know the information, that Trump was "in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!"

..
popcorn
 
It will be interesting to see whether the Republicans in the Senate resist the huge debt increases.

I think Musk’s resistance will give them a bit of resolve.
not enough of them , there are some like Rand Paul and Massey , but most ( on both sides ) are corporate spokesmen/women they will vote the way the lobbyists pay for
 
not so fast , both are showmen in their own right , don't rush to buy ringside seats

remember the Musk v. Zuckerberg showdown weeks of promotion/speculation but no action in the ring
Roll up roll up, as the drum and bugle play at the sideshow boxing tent for the event of the...............................
 
Just been reading about POYUS and Xi whose meeting recently has arrived at the "happy conclusion" on trumps Tariffs.
China will pay 15% and supply the US with Rare Earths etc while US will be paying 5% and allow students to be educated in the US .
Might be true or just utter Trumpism at work.
 
Just been reading about POYUS and Xi whose meeting recently has arrived at the "happy conclusion" on trumps Tariffs.
China will pay 15% and supply the US with Rare Earths etc while US will be paying 5% and allow students to be educated in the US .
Might be true or just utter Trumpism at work.
Wasn't that the arrangement before all this started?
 
Why now?
Its not like this is a new phenomena!
Mick
It's the rate of increase.
The rate increased during Covid, stayed the same rate during Biden, and is set to go at a faster rate again under the new BBB.
Haven't got time but will post the extrapolation over the weekend. The deficit is now at levels like Spain. Well over 100% GDP.

The Senate may not let it pass untouched.
 
It's the rate of increase.
The rate increased during Covid, stayed the same rate during Biden, and is set to go at a faster rate again under the new BBB.
Haven't got time but will post the extrapolation over the weekend. The deficit is now at levels like Spain. Well over 100% GDP.

The Senate may not let it pass untouched.
Perhaps if we go by what congress has done in the past with these bills, they are far more likely to add more pork to the overcrowded barrel and likely increase the debt.
Mick
 
Because it's much higher than it was and interest rates are much higher than they were.
And this is new?
Anyone with just a small level of interest could see when the Tbills at low interest rates needed to be rolled over and in what time frame.
To top it off, rates on the way down.
the problem was peaking years ago.
Mick
 
And this is new?
Yes, interest rates were at ridiculous lows for like 14 years post-gfc to post-russian-invasion. National debt has also slowly accrued over that time, it didn't shoot up to ridiculous levels and then just flatline, it's steadily increased for years and years and years and now both of these things combined has created a serious problem.

So yes, the debt being this close to unserviceable is new.
 
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