Posted on 12/23/2018 9:59:30 PM PST by familyop
Treasury Secretary Steven Mnuchin startled financial analysts, bankers and economists Sunday by issuing an unusual statement declaring that the nation's six largest banks had ample credit to extend to American businesses and households...Two Trump advisers, speaking on the condition of anonymity, said the calls would stoke unnecessary alarm. "No one thought we were at crisis level," one of these people said. "It's going to create more of an issue than we had already." Mnuchin and the president had a call on Saturday to talk about how to reassure the markets. Aides said that Trump knew the Powell story hurt the markets but that he did not want to defend Powell. So he told Mnuchin to put out a statement.
(Excerpt) Read more at chicagotribune.com ...
Economic collapse - financial reset at hand.
Get ready...
You’re right.
Lets keep our knickers on because economic trash talk is really trashing President Trump as I see it.
UNaccountable bureaucrats are socialists. Which ones have manipulated the republic? Which ones could destroy the republic?
“6. But the grand nostrum will be a public debt,...”
“9. The management of a great funded debt and a extensive system of taxes will afford a plea, not to be neglected, for establishment of a great incorporated bank. the use of such a machine is well understood. If the Constitution, according to its fair meaning, should not authorize it, so much the better. Push it through by a forced meaning and you will get in the bargain an admirable precedent for future misconstructions.”
Rules for Changing a Republic...
http://www.constitution.org/cmt/freneau/republic2monarchy.htm
BOHICA
A lot of that run up was due to investor optimism on Trump's economic policies turning the economy around.
American voter, in their infinite wisdom, just put Nancy Pelosi in charge of the House and Maxine Waters in charge of Finance.
A lot of optimism has been removed from the investment community given the Democrats stated goals of sabotaging the economy
American voter, in their infinite wisdom, just put Nancy Pelosi in charge of the House and Maxine Waters in charge of Finance.
A lot of optimism has been removed from the investment community given the Democrats stated goals of sabotaging the economy
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And we all know that Donald Trump will be blamed.
Christmas Crash?
Worst in 10 years from my perspective. The same thing happened last time the RATS gained power.
Looks like the media is ramping up the propaganda to ensure the economy collapses on schedule. Nancy will start doing her part by putting tax increase talk out there to spook the markets. They have a lot tricks they can play to cause uneasiness without having the actual power to implement policy.
Yes. 2006.
I'm going to have to disagree with your attribution here, with all due respect..
Remember how back early in Trump's candidacy, all the way into his victory and even after his inauguration there was a SILENT COUP-CONSPIRACY involving scores of people that we did NOT know about at the time and only found out about shortly AFTERWARD?
I believe soon we will learn of a massive, nationwide BALLOT STUFFING & HARVESTING EFFORT DURING THE MIDTERM ELECTION AIMED AT ENSURING DEMONRAT CONTROL OF THE HOUSE. Deep State DNC/SOROS RATS just pulled off ANOTHER silent coup seizing control of the House so they can get their IMPEACH TRUMP PARTY STARTED IN CONJUNCTION WITH A WRAP-UP HIT JOB ON TRUMP BY MUELLER COMING SOON..
With Trump's good approval rating and a roaring economy at the time of the midterm election, do you REALLY believe it was the American people who just gave control of the House to the DemonRats? HELL NO WE DIDN'T! The House was just STOLEN by the rat b*stards and EVERYBODY KNOWS IT.
There is also currently ANOTHER conspiracy afoot to trash our economy to ensure Trump does NOT get re-elected in 2020. They will continue HARASSING HIM so relentlessly that perhaps HE even might not wish to run again!
ALSO, JUDGE EMMET SULLIVAN'S ACTIONS/STATEMENTS AGAINST FLYNN NEED TO BE INVESTIGATED, AND HIS 'B*TCH SLAP' RULING AGAINST TRUMP'S ASYLUM RULES THE FOLLOWING DAY. Is it just ME or did something VERY odd and inexplicable happen here? WTF@!!!!!!
[And we all know that Donald Trump will be blamed.]
The Democrats at Yahoo are all over that.
Sounds like what we expect.
There are 2 things and only 2 things Yahoo Democrats believe:
1) Anything goes well - it’s because Obama is a genius - If Obama was back, all would be well
2) Anything goes bad - it is all President Trump’s fault - if President Trump was out, all would be well
These people live on this every single day of the week - ever single day I see their comments it falls into one of 2 categories.
I know we joke about this but these people are truly brainwashed by the MSM and Hollywood. This is a very dangerous time in our country because eventually, we are going to have another economic crisis.
4D chess. Thanks familyop.
FReepmail
2006 was when I noticed it was significant trouble. Early indications for me in late 2005. Then by mid-2008 I was openly warning people - they were patting me on the head.
After all, they were smarter than me.
Worst part is, it was worse than I thought.
Things ain’t never been the same.
Yes...correct......Crazy Maxine Waters said she was going after them and with Pelosi it’s enough to scare the knickers off froM anyone!
Markets are like a feather in the wind....a whisper of wind can move them easily. A real hard threat can nose dive them.
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