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Cake day: June 14th, 2023

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  • schema@lemmy.worldtoLemmy Shitpost@lemmy.worldI'm gonna mute this one
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    17 days ago

    I agree with you and like to emphasis on one point you already mentioned. The demcrats encompass everything to the left of the GOP. Because the GOP is far right, everything to the left of it includes center right, conservatives, centrist and liberal opinions, as well as a lot, or most of the left wing depending on definitions.

    In my opinion this is one of the major reasons why the democrats seem so undecicive, because there already are so many different world views of people that are forced to be in the same party, because effectively, there only are two of them, and the alternative is straight up fascism.

    If the democrats ever regain power, changing the voting system to allow for a 3rd or 4th party to actually emerge would be a saving grace, but unfortunately, the above mentioned composition will likely prevent them from it, even when in power. And on top of that they will have their hands full with the debt crisis.















  • Yes, because the tariffs already indirectly bind the hands of the Fed. Besides a bit of QT (which doesnt really help because of massive deficit), they can neither raise, nor lower rates without causing a big fire as long as the tariffs are in place, but the situation is getting worse by the day, and reality will soon hit like an empty truck.

    And honestly, because of this massive shift in distrust in the US market, even backtracking all tariffs to zero would likely not work anymore.

    And the most ironic thing is that due to inflation, even when everything goes back to the way it was before trump (it won’t), the US will end up with a bigger trade deficit than before, because the loss of value of the dollar.