Sawfish <
[email protected]> Wrote in message:r
On 4/5/25 9:33 AM, *skriptis wrote:> PeteWasLucky <[email protected]> Wrote in message:r>> during these four years? I mean he filed six already if I remember correctly.-- ----Android NewsGroup Reader----https://piaohong.s3-us-west-2.amazonaws.com/
usenet/index.html> > > > Who cares?FWIW, this is really something, skript, to live thru this, Very interesting and exciting, but would be scary as hell if I thought I'd have to live quite a while yet. The normal, semi-predictable order of things that I'
ve known as an adult for all my life--the one where I pretty much know the standing rules, and have adapted to incremental changes as best I could, for the last 2-3 days this is all gone.The closest parallel was the 2008 crash here in the US. This one,
really, is probably not like that one--shouldn't be as deep for long, and what's more important, could be substantially reversed by more of Trump's edicts (reversing or modifying the exec orders) or if these are somehow over-riden.For 2008, the nature of
the crisis was basically a credit-lockup based on the inability to make any sort of accurate estimate of value on a specialized type of financial instrument. No major financial house in the US could say what their holdings were worth if they held a
significant amount of these instruments, and all of them of them did to one degree or other. It was the end result of a short-sighted policy decision that took maybe 6 or more years to develop. This crash is entirely different in that all instruments
are intact and will be easier to re-evaluate. Liquidity should remain OK, with some hiccups.Honestly, I don't think Trump has any real policy or plan for this. He's simply looking to kick asses--his favorite pastime, and OK if you are not the target. And
I work pretty hard to never be in anyone's crosshairs, but this one is more like an open choke birdshot 10 gauge. Hard not to get hit at least a little.
It's still nothing when you put things into perspective.
I won't bother you if you want to engage jdeluise and share mutual concerns.
;)
--
----Android NewsGroup Reader----
https://piaohong.s3-us-west-2.amazonaws.com/usenet/index.html
--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)