Originally Posted by
sailingfun
[QUOTE
...you do remember what happened to post-Weimar Germany right?
The parallels to that time frame are astounding to me. Loyalty tests, Punishment for firms that don't get in line, subjugating the judicial system, ignoring existing law and consolidating power. Someone has read Hitlers playbook.[/QUOTE]
you're talking about Biden and social media firms and student loan laws right?
econ 2.0: despite the frenzy of fear I think many Americans take the view like crazy 8 up there. We all knew it wasn’t sustainable to continue deficit spending for our whole lives and aren’t really surprised that changing course is tough and a little scary. I mean, how many posters today have thought something like “social security will be gone when I get there”. Fortunately there is time to see how things work out and also to make a course correction if today’s strategy doesn’t go well. We do this in our own households yet expect the politicians to get everything 100% correct the first time?
also. I wonder if the futures market for tomorrow is counting what the market will look like at 1300 or simply at market open.