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From: "Kerr-Mudd, John" <admin@127.0.0.1>
Newsgroups: misc.news.internet.discuss
Subject: Re: the president is mentally unstable
Date: Fri, 25 Apr 2025 09:49:31 +0100
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On Thu, 24 Apr 2025 06:10:10 -0500
JAB <here@is.invalid> wrote:

> The Editorial Board @editorialboard.bsky.social
> 
> 1. I want to suggest today that what we are seeing on Wall Street and
> in markets around the world is the sudden realization that the
> president is mentally unstable - that he has dementia, probably - and
> as a result of that realization, investors no longer have any faith in
> Donald Trump.
> 
> 2. Yes, I know.
> 
> The conventional explanation for why markets have been tanking is the
> realization that Trump really meant what he said on the campaign
> trail, and that his position on tariffs and trade wasn't just
> rhetorical but firmer, stronger and more ideological than investors
> believed.
> 
> 3. But if Trump's position were a matter of conviction, markets might

"Trump not to trusted" shock horror.

> be able to adjust, as conviction would beget a clear explanation and a
> coherent plan of action, which in time would beget some kind of stable
> order that investors might not like in the end, but could come to
> trust.
> 
> 4. That's not what's happening. Trust is long gone. On Monday, the S&P
> 500 fell 2.4% "in another wipeout," according to the AP. The Dow Jones
> fell 2.5%, the Nasdaq 2.6 percent. More worryingly, the AP said, is
> that US gov't bonds and the value of the dollar also fell. 
> 
> https://bsky.app/profile/editorialboard.bsky.social/post/3lnj4x4hak22s
> 


-- 
Bah, and indeed Humbug.