@AbraxasUlysses Personally, I went to a new dentist group, the dentist they put me with was from Jordan, she was "top in her field", a lie, five teeth later, that she destroyed by over drilling and snapping off within a month or drilling down to the nerve .. I'm dealing with the aftermath.
@kiss486 To be fair, if you look at the full video she had already shaken his hand before they move down further on the steps that this photo is taken at, so until somebody figures out what she was saying and why she stepped back, this is all our interpretation.
@ProudElephant Same at all of the different government buildings where it has a sign "if you need a translator," and don't forget every business that you call up gives you the option to listen in one or two different languages other than English
๐จ THE FED JUST TORCHED BESSENTโS YEN FIREWALL BY HIKING RATES
Warsh just raised rates 25bps to 3.75โ4.00%.
That is poison for Bessentโs yen interventions.
The yen carry trade lives on the rate gap: Borrow nearly-free yen, pile into higher-yielding dollars and Treasuries. The Fed hike just widened that gap again, two days before the BOJ even meets.
A bigger US-Japan differential does two ugly things at once:
โจโข It makes fresh short-yen / long-dollar bets more profitable, inviting another wave of speculation that slams the yen
โจโข It raises the odds that existing carry positions stay crowdedโฆ until they donโt.
One BOJ surprise or another intervention and the funding currency snaps higher while the dollar assets drop.
Thatโs how these trades blow up.
Bessent spent political capital and ESF money trying to prop the yen so Japan wouldnโt dump $1.1T of Treasuries.
A Fed hike first undoes part of that work: yen weakness returns, Tokyoโs incentive to sell US paper rises, and the whole Treasury-Japan stack gets more fragile overnight.
This is how โcontainedโ turns into โunwinding.โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
One 25bp move. Two central banks out of sync. Carry crowded. Intervention wasted.
๐จ JUST IN: President Trump GOES OFF on the Federal Reserve's interest rate hike, demanding the Fed lower them to 1% PERCENT โ not RAISE them toward 4.00%
47 says he's DONE effectively subsidizing other nations:
"Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World โ BY FAR. Our Country is BOOMING with new Investment! If we stopped Trading with every country that we have a Deficit with, which is most of them, we would make, at least, 1.5 Trillion Dollars a year."
"The word โDeficitโ is nothing more than a fancy word for LOSS. We are โcarryingโ almost every country in the World, and that cannot go on any longer. LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!" ๐บ๐ธ
Rates now went up to 3.75%-4.00%, a 25 basis point hike
Sadly, this decision was UNANIMOUS. Fed Chair Kevin Warsh agreed with it
Stop being terrified of growth causing inflation and listen to Trump. LOWER THE RATES!
@WallStreetApes United healthcare dumped thousands of members in August, computer said everyone had moved out of the area, no one got their benefits for that month and needed to sign up as a new member for September, creating more government funding as well they kept August payments.
@EricLDaugh Big Deal, 97 mo. in jail versus all the money they will have when they get out. If you can't give back all that money you stay in jail until you do, this leniency bullshit is ridiculous, they be beheaded in their own country.
When will the punishment fit the crime?