Member Info for nomlungu

'If you think it’s alarming now, just wait for Trump to wreck the bond market'

https://www.telegraph.co.uk/business/2025/04/08/trump-sell-off-is-bad-wait-until-wreck-us-bond-market/

This is brutal from the Torygraph... 'Donald Trump is systematically purging every US government institution, a pattern familiar to anybody who has studied the caudillo regimes of Latin America, or the playbook of today’s Putin-Orbán-Erdoğan prototypes.

It is a racing certainty that he will soon do the same to the Federal Reserve, forcing the central bank to cut interest rates into the teeth of rising inflation, with epic consequences for the world’s dollarised financial system and for €39 trillion (£33 trillion) of offshore dollar debt contracts and swaps...

The current debate over whether or not Trump has the legal power to fire Powell entirely misunderstands the character of the Maga revolution. America’s rule of law is for guidance only these days.'

The biggest employers in many [red] States are the hospital systems [a bit like how the NHS is the UK's biggest employer]. The same hospital systems are reliant on Medicare / Medicaid payments to survive. Trump wants to gut the programs to fund his tax cuts for the rich, whilst he ramps up his trade wars and possibly starts a hot war against Iran.

Throw in a recession and higher interest rates on GOV debt and new tax cuts on tips and overtime, and you have an American economy rotting from the inside... I had not appreciated the significance of the Medicare / Medicaid payments to State economies.

'The White House said Trump instructed his trade team to create "tailor made" deals for the nearly 70 countries that have reached out for talks.'

https://www.reuters.com/world/china-criticises-trump-tariff-blackmail-market-turmoil-settles-2025-04-08/

The US does not have the capacity to negotiate 70 trade deals at the same time... Might be prudent to have a large cash position and not be tempted with those 'dips' as they might be like those buses that you wait for, and then a whole load come one after another.

Perplexity:

A farmer ignores a single rotten plum in his sack, believing it insignificant. Yet the rot spreads, infecting the entire harvest, until the sack holds nothing but decay. Similarly, U.S. tariffs on China, intended to protect domestic markets, backfire. Rising costs stifle demand, inventories pile up, and businesses slow as retaliatory measures sever supply chains. The economy spirals into deflationary depression—prices fall, wages stagnate, and unemployment spreads. Like the farmer clinging to a rotting harvest, the refusal to address systemic decay accelerates collapse. Protectionism becomes poison, and the nation is left choking on the ruin it failed to confront.

Down 2%... Red again in the morning

https://www.cnbc.com/quotes/.DJI/

Another dip to buy...

'Are China About to Make Trump CHOKE on His Own Tariffs?!'

https://www.youtube.com/watch?v=aPOrCRZM7_Y

'doom loop territory'

Rumoured to be of Trojan on riding his motorbike on Mablethorpe beach

https://static.life.com/wp-content/uploads/2025/03/18165514/00693941-1024x800.jpg

From:

https://www.life.com/arts-entertainment/the-greatest-motorcycle-photo-ever/

Elon & Trump in 'Another Brick in the Wall: Part DOGE'

https://www.youtube.com/watch?v=tYCKhcPCjh0

Scared Ketchup...

The stock market will go down 80% ‘when this is over,’ says bearish investor Mark Spitznagel

https://www.marketwatch.com/story/the-stock-market-will-go-down-80-when-this-is-over-says-bearish-investor-mark-spitznagel-692f56df

[The fund he runs] 'Universa made headlines in the first quarter of 2020 for returning 4,144% as the market crashed in March from fears of the COVID pandemic'.

The war in Gaza that began after the Hamas-led Oct. 7, 2023, attack on Israel has killed more journalists than the U.S. Civil War, World Wars I and II, the Korean War, the Vietnam War, the wars in Yugoslavia, and the post-9/11 war in Afghanistan combined, according to a new report from Brown University’s Costs of War project.

https://watson.brown.edu/costsofwar/papers/2025/Journalists

Worth a read to get the context of this 'Oil exporters could convert their yuan oil revenue into gold on the Shanghai and Hong Kong gold exchanges. This interconvertibility implies that China, the world’s largest oil importer, has a complete domestic infrastructure for indirectly trading oil using gold.'

https://foreignpolicy.com/2022/06/16/china-economic-war-decoupling-united-states-containment/

China has said it is not backing down on its own tariffs... The Yuan / Gold exchange is likely to become more important, which would increase demand for physical gold. Add in a weakening $ and what price do you get to?

Unicorns? VAL only need a single Unicorn to show interest and the Billion £ valuation that they have would see VAL's share price rocket. And you can see a flock of them? Is a bidding war about to start?

Https://truthsocial.com/@realDonaldTrump/posts/114297331052690348

Trump issues threat China has 24 hours to remove their 34% tariff or face another 50% tariff from the day after,

Https://x.com/RapidResponse47/status/1909255140671984072

Steve doing a "Breaking News" livestream

https://www.youtube.com/watch?v=7HRh41WboyM

Another 180 degree turn - truly head-spinning

Interesting analysis of US figures for incoming foreigners at airports... steep declines:

https://jasher.substack.com/p/how-fewer-foreign-passengers-flying

The Ukrainian SHADOW ARMY Putin Fears Most

https://www.youtube.com/watch?v=pFzSXVoy4NM

I had to double-check this, and it is close enough: "This sounds absurd, but for this £31B increase we could build 17 new Rolls Royce SMRs a year, providing roughly *the entire nation’s power needs* (~40GW) within 5 years.

All from just one year of not *raising* the state pension"

https://x.com/BernoulliDefect/status/1909166475740410288

I make it 8 years of cumulative savings to pay for 100 500MW SMRs to cover peak winter demand of 50GW.

IF RR can profitably deliver them at £2.5b each, then they will make a fortune.

I had to double-check this, and it is close enough: "This sounds absurd, but for this £31B increase we could build 17 new Rolls Royce SMRs a year, providing roughly *the entire nation’s power needs* (~40GW) within 5 years.

All from just one year of not *raising* the state pension"

https://x.com/BernoulliDefect/status/1909166475740410288

I make it 8 years of cumulative savings to pay for 100 500MW SMRs to cover peak winter demand of 50GW.