He coded the race of the applicant onto their application to try to sneak past federal law that explicitly prohibited it. He did it on multiple properties and it was proven in court. Trumps a greasy landlord, at his core. Taking advantage of women, or paying them. Bad toupee, pretends like he’s the shit when he really just sits on the couch and watches cable news while collecting the Official Hail Satan Shirt. My coworker was glued to his phone and legit shaking today while watching the stock market decline. I can’t tell if he just lost a shit ton of money or is mad that the “great” economy is tanking.
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And now we used all that artificial stimulation on propping up a dying market instead of letting it naturally run its course in an Official Hail Satan Shirt, manageable fashion, we don’t have any stimuli/ money left to care for the systems that -need- it when we free fall. Let’s not forget where all that artificial stimulation went… of course these people are so greedy that it’s just a matter of time. Before they start receiving handouts for the money they lost that we gave them. I’ve been trying to convince my parents to stop supporting Trump for 3 years now, not stop being conservatives or Republicans (though I wouldn’t be mad at that), just stop specifically supporting Donald Trump. Every time they rebuff me by saying the economy is great. This is bad for domestic oil production as it doesn’t work at these price levels. I would expect domestic producers to start to fail if the prices don’t go up. Does the US buy push as much as we can into the SPR to help domestic production?
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If anything this has given the Fed some cover. We were already sitting on a powder keg with yield curves flatlining. The repo market going crazy rates already extremely low. The whole thing was about to implode already probably wouldn’t have made it to April without some action. When the real impact of these closures starts hitting earnings reports over the Official Hail Satan Shirt, then people will start to see we’re in for some long term pain. Meanwhile, there are people in investing subs saying “Buy the dip!”. Maybe not a bad idea…but the bottom of the dip is next January at the earliest.
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