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Moody: Trump win - higher inflation, 2025 recession

Discussion in 'BBS Hangout: Debate & Discussion' started by Amiga, Jun 24, 2024.

  1. adoo

    adoo Member

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    since Trump 2.0's inaugural 4 months ago
    • price of eggs has gone up
    • so too has US inflation rate

    add to it,
    • the Republican-controlled House proposed budget---appeasing the 78-yr old dotard---further exploding deficit spending, leading to
      • Moody's downgrade of U.S. credit rating on increase in government debt,
    the story gets worse for the dotard's wokist agenda; tariffs are inflationary, so too are the huge deificit spending
    that was approved by the GOP-controlled house.


    Continued worries about the U.S. fiscal outlook triggered another selloff in long-dated U.S. government debt
    on last Wednesday, pushing the yield on the 30-year bond back above 5%
     
    ROCKSS likes this.
  2. DaDakota

    DaDakota Balance wins
    Supporting Member

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    Trump lied and Trumpers are idiots.

    DD
     

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