Trump responds to a reporter’s question with an answer that makes no sense.
Decipher This
Trump: No taxpayer money for the ballroom at all.
Reporter: Did you direct Secretary Bessent on the bond market?
Trump: No, not at all. He’s a very capable man. He wanted to do it. He’s very good at it. He has a good touch, a very good natural touch for the bonds and interest. He did that, yep.
Reporter: The yields have come back up since then. Have you talked to Bessent about another type of intervention?
Trump: We have many types of intervention. That’s one. The ultimate intervention is our military. And if we have to use that, we will.
Trying to Make Sense of the Absurd
- Trump has no idea what he is saying. This increasingly happens with progressing dementia.
- Trump thinks that bombing or invading Iran will help the bond market.
- A combination of #1 and #2.
There are no other logical choices. All three are troubling.
Reverse Surgery
“HOSPITALS ARE DOING REVERSE SURGERY AT MY ORDER”
This man is EXTREMELY unwell. He constantly spews out fantastically insane nonsense. People w/ advancing dementia/alzheimers often confabulate completely crazy things in their brains & think they are real. This is wildly insane.
A Fine Piece
Trump Considers the Strait as US Territory
No-Bid Contract
All in the Family
Blithering Economic Nonsense
And MAGA Cheers.
In case you missed it, please see An Economically Illiterate Trump Attempts to Explain Interest Rates
Our President is completely illiterate when it comes to basic finance.
Article posted with permission from Mish Shedlock
