As Krugman has pointed out, the attempt to sweep this stuff under the rug and avoid a panic is allowing the craziness to advance further, meaning that when inevitably a rupture becomes unavoidable, it will be much worse than if the stock market had taken a huge dip earlier and scared him off.
Conold always dangles his ‘ideas’ in a fog of ambiguity to test the response. When the response he tepid, he raises the heat, and then goes all-out when he seizes the initiative and proceeds to do what he had only ‘hinted’ and/or denied. Believe the bum when he hints he is going to default on Treasury bonds. He will inevitably try. As the economy crashes around him he will effect amused befuddlement. But having broken another ‘toy’ the bigly loser will turn his attention to something he intends to wreck. And Americans voted for this to happen. Don’t look away and blame someone else: this is down to both those who voted for Conold and to those who didn’t vote. Pay attention folks, you just gave away the most powerful nation in the world status along with the best economy. Prepare yourself. No one is coming to bail you out.
As Krugman has pointed out, the attempt to sweep this stuff under the rug and avoid a panic is allowing the craziness to advance further, meaning that when inevitably a rupture becomes unavoidable, it will be much worse than if the stock market had taken a huge dip earlier and scared him off.
…that’s what americans wanted and that’s what america will have to live with
This is a sharp take! Feels like everyone’s just pretending not to hear because the reality is too messy to deal with.
Is tepid
Conold always dangles his ‘ideas’ in a fog of ambiguity to test the response. When the response he tepid, he raises the heat, and then goes all-out when he seizes the initiative and proceeds to do what he had only ‘hinted’ and/or denied. Believe the bum when he hints he is going to default on Treasury bonds. He will inevitably try. As the economy crashes around him he will effect amused befuddlement. But having broken another ‘toy’ the bigly loser will turn his attention to something he intends to wreck. And Americans voted for this to happen. Don’t look away and blame someone else: this is down to both those who voted for Conold and to those who didn’t vote. Pay attention folks, you just gave away the most powerful nation in the world status along with the best economy. Prepare yourself. No one is coming to bail you out.