• kreskin@lemmy.world
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    7 days ago

    so a “war” on our own bond markets then? Will they be firing missiles on buildings in the US?
    …What a time to be alive.

    • nkat2112@sh.itjust.works
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      9 days ago

      I laughed about your comment, paused, and then started getting nervous.

      I decided to take a quick glance at the article and came across this:

      President Donald Trump suggested Friday he could use the military to stage an “intervention” on bond markets in a confusing response to a reporter asking about Treasury Secretary Scott Bessent’s efforts to bring down soaring yields.

      Much to my dismay, you weren’t exaggerating.

      • DougPiranha42@lemmy.world
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        9 days ago

        Just for the record: in the comments section of a post about a news article in a news community, you described a story about how you read what the lead says when you took a quick glance at the article.
        We’re talking about an “article” that is shown as a “2 minute read”, and takes about 30 seconds to read.
        Fun fact: the demographic in which Trump gained the most before the 2024 election was “people who don’t read news daily”.

    • frustrated_phagocytosis@fedia.io
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      9 days ago

      He can. There’s literally no process to stop him right now. He could have people executed in the streets and his supporters would cheer and sell merch.

  • LibertyLizard@slrpnk.net
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    9 days ago

    This is insane even for Trump. What would a military intervention in the bond market even mean?

    My guess is this is just dementia related word salad.

    • Zos_Kia@jlai.lu
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      9 days ago

      The largest chunks of US bonds are held by nations, so I think the subtext is that if any nation starts dumping bonds to hurt the US economy he may consider it a casus belli. Basically forcing them to hold the bag at gunpoint. This is a dream situation for a conman like him.

      • lemmy_outta_here@lemmy.world
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        9 days ago

        This is what he means. In fact, I think he is specifically referring to Canada. The first time Trump brought in tariffs, Carney initiated a little bond market run, causing him to back down. It was the first “CO” in TACO. Trump has been bristling since then.

        I hate how the headline tries to trivialize the fact that America is threatening to attack its former allies on the basis of trade irritations. This guy is fucking mental.

    • Ooops@feddit.org
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      9 days ago

      Is it really an escalation from the already established case of ‘wanting to nuke a hurricane’?

      • LibertyLizard@slrpnk.net
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        9 days ago

        Yes. I mean that’s very insane but frankly not even as insane as nuking a populated area. Let alone an intangible concept like a market.

    • ianhclark510@lemmy.blahaj.zone
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      9 days ago

      he’s willing to blow up a school to distract from his star role in the Epstein Files.

      now he’s going to blow up a bank to distract from his economic fuckup

    • im_fine_sandy@nord.pub
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      9 days ago

      My translation is: if people keep complaining about whatever bonds are we can invade Greenland or Uzbekistan or Herd Island.

    • SabinStargem@lemmy.today
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      8 days ago

      Marching into the stock exchange and telling people what the numbers should be, probably…no, almost certainly. 😦

    • 4grams
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      9 days ago

      Because the republicans have control over all three branches, and the party has dedicated itself to authoritarian rule under that orange asshole.

      This is the government that they have been wanting for my entire life. This stupid fucking country decided to finally gift it to them.

      • HubertManne@piefed.social
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        9 days ago

        yeah I keep saying this. Im not the type to say conservatism is all bs but they have no relation to actual ideals they had before nixon and by nixon half of it was gone and with trump 100% is gone. whoever they are they need to wake up and realize thier party have violated the constitution to a level where the party is not only unamerican but traiters to the country. they have to realize that they have decimated federal departments including their favored military ones. they need to realize their party did not just not make america great again but have mired us in awefulness. The party and its brand cannot be salvaged and has to go. They should realize this has also spoiled the libertarian brand as well and need to start anew. Anything made would need to start small and show results with actual improvments to localities and states to show they have found their ethos again. they need to look back at lincoln, roosevelt, eisenhaur. Heck they should be the party of healthy land, air, and water for america. they should be anti corporate monopoly and pro small bussiness and farms. they should be pro individual rights. ugh.

    • Warl0k3@lemmy.world
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      9 days ago

      Hey now, I can actually get behind the idea of invading wallstreet. Lets let the man cook.

    • mrmaplebar@fedia.io
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      9 days ago

      And our world. Don’t forget that.

      Let’s see if people keep voting for him and his party!

  • teawrecks@sopuli.xyz
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    9 days ago

    He’s a walking LLM, just making word associations based on what’s most probable to resonate with idiots.

  • PumpkinSkink@lemmy.world
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    8 days ago

    This statement is really weird, even for Trump because in the question asked immediately prior he clearly understands the question about whether he directed Bessant to intervene in the bond market stating.

    “Not at all. No, he’s a very capable man. He wanted to do it. He’s very good at it. He is a good touch. Very good natural touch for the bonds and interest.”

    Right? He understands ehats beung spoken about, or his answer at least makes it sound like he does.

    Then the reporter mentions that yields came back up and asks if Trump was going to direct Bessant to do “some other type of intervention”. At this point Trump suggests military intervention.

    He goes from “Bond market intervention” -> “Interest rates” (reasonable) to “Intervention” -> “I might direct the military to attack the bond market” (deranged) in, like 10 seconds. Is he just playing word association? Is he fucking with the reporter?

    • VoodooMischief@lemmy.ca
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      8 days ago

      I disagree with your assessment that he understands the first question. His answer is just your typical responsibility deflection (“He wanted to do it”) combined with vague praise (“He is a good touch”). It’s akin to Maurice’s generic answers about football in IT Crowd (“Did you see that ludicrous display last night”). The only thing Trump DOES understand is using the military for his problems, which is why his answers ultimately land there.

      • monotremata@lemmy.ca
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        8 days ago

        This is my read on it too. He has no idea whether we want bond yields high or low or what. He actually feels a little bit attacked by the question because he doesn’t understand it. At first he tries to deflect it, because if the question will just go away, he doesn’t have to care about it anymore. But then there’s a follow-up. This is a challenge that isn’t immediately going away. That makes him angry. He still doesn’t know what’s going on, but now he has to care about that. So he’s gonna make a vague threat about being in control of the military. That should do the trick. That makes the reporters’ eyes get wide every time, and he can just walk away at that point and be guaranteed to get a lot of press attention. It’s a win-win.

        You have to understand that he doesn’t see these interviews as means of communication. He sees them as power struggles. Any communication that occurs is entirely incidental.

        • floofloof@lemmy.caOP
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          8 days ago

          Someone else offered the darker explanation that he’s threatening to use the military against countries like Canada who decide to reduce their investment in US bonds. I don’t know whether that’s seeing meaning where there isn’t any, but here in Canada we haven’t forgotten that Trump keeps saying he wants to destroy our country one way or another. But overall I think it’s more likely he’s just failing to understand the question then forgetting what he’s supposed to be talking about.

          • monotremata@lemmy.ca
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            8 days ago

            Yeah, he definitely seems untethered enough that any kind of threat seems risky to entirely dismiss. I don’t think he’s gonna do anything with the actual military against Canada, though. That’s expensive, and his puppeteers don’t see a big profit in it. He’s kind of already acting as an occupying force within the US, and his hold on power here is tenuous; and war with Canada, who can actually hurt Americans on their home soil, would be even more unpopular than his various overseas entanglements.

    • grrgyle@slrpnk.net
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      8 days ago

      “I might direct the military to attack the bond market” (deranged) in, like 10 seconds. Is he just playing word association?

      One hundred percent got stuck on the word “intervention” got lost in the brain fog, his alignment forbids STFUing or asking for clarification, so he just pattern matches over to “military” and his speak box handles the rest (no thoughts required for duckspeak)

  • someguy3@lemmy.world
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    9 days ago

    No," the president replied. “Not at all. No, he’s a very capable man. He wanted to do it. He’s very good at it. He is a good touch. Very good natural touch for the bonds and interest. And he did that? Yeah.”

    The reporter followed up, noting that “yields have come back up since then.”

    She then asked: “Have you talked to him about another type of intervention? Is that something he will be doing?”

    “We have many types of intervention. That’s one,” Trump said, adding: “The ultimate intervention is our military. And if we have to use that, we will.”

    • floofloof@lemmy.caOP
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      9 days ago

      No," the president replied. “Not at all. No, he’s a very capable man. He wanted to do it. He’s very good at it. He is a good touch. Very good natural touch for the bonds and interest. And he did that? Yeah.”

      The reporter followed up, noting that “yields have come back up since then.”

      Faced with the need to think, Trump’s failing brain overloads and resets, wiping the context.

      She then asked: “Have you talked to him about another type of intervention? Is that something he will be doing?”

      Trump recognizes the word “intervention”. They must be talking about Iran, or Venezuela, or Nambia or Aberbaijan! I know this one!

      “We have many types of intervention."

      But I really can’t remember which one she was talking about. Just wing it. No one will know. Try to sound tough and commanding.

      "That’s one,” Trump said (she has to have mentioned one, after all), adding: “The ultimate intervention is our military. And if we have to use that, we will.”