4 ms·
America is going through a big economic experiment
- allears 11mo ago[flagged]
- StackTopherFlow 11mo agoskip the paywall: https://archive.ph/fWxBH https://archive.ph/fWxBH
- jauntywundrkind 11mo agoI was sort of hoping this would touch upon the other big experiment. The government is now buying shares in American businesses. It's telling businesses what they can and can't do about things like DEI, and wielding an enormous stick against those who don't obey. Trump's declaring that he'll be involved with deciding who WB-Discovery-HBO can be sold to.
- moomin 11mo agoI think, from an economic standpoint, there’s plenty of non-democratic countries that do this all the time and some of them do quite well. It’s more the end of an Experiment than the start of one.
- thedailymail 11mo ago>Trump's declaring that he'll be involved with deciding who WB-Discovery-HBO can be sold to. This needs to be developed into a The Apprentice-style show where aspirants truckle before the king as they make their pitches.
- floren 11mo agoI think that's where we are now...
- Epa095 11mo agoSo, let's say one wants to hedge against the worse scenarios here, a stock market and bond-market crash. Where do I put my pension?
- SilverElfin 11mo agoMaybe gold? Crypto? Other economies like China or India?
- aurareturn 11mo agoCrypto? You're kidding right? If there is a depression, no one can eat crypto. It's the first to go.
- donavanm 11mo agoyou probably don't go all in, but try to find real assets that are not _too_ strongly correlated and are likely to have durable long term value. The most compelling answers I've heard are things like desirable real estate, commodities, or futures/contracts like water rights. Even then its not no equities, just a much lower allocation to minimize down side while still capturing some of the exuberant growth
- aurareturn 11mo agoGold performed well in the 1970s - 1980s stagflation. That's why gold has gone up so much in the last few years - because people expect stagflation. Real estate preserved value. However, I'm not sure that it will this time because population growth is not as strong as before.
- rramadass 11mo agoAswath Damodaran (https://pages.stern.nyu.edu/~adamodar/ https://pages.stern.nyu.edu/~adamodar/) from Stern School of Business at NYU says; 'Something bad is coming': Aswath Damodaran is ditching diversification, eyeing hard assets - https://www.businesstoday.in/markets/stocks/story/something-bad-is-coming-aswath-damodaran-is-ditching-diversification-eyeing-hard-assets-502355-2025-11-16 https://www.businesstoday.in/markets/stocks/story/something-... Also see books/papers/etc. under the "Writing" section of his webpage for insights.
- personomas 11mo ago[dead]
- the_real_cher 11mo ago> making America less attractive to brainy immigrants This article is a hit job. Only H1B visas have been affected by the entry fee for a SINGLE year. The O1 genius visa and the student visa are still in place and the student visa can still convert to H1B with no issue same as always. There are many who wish Trump had gone further with this. Although it is weird that Trump doesnt have any econometric people giving us economic data.
- gota 11mo agoI'm not through the article but reached that point - I believe the author may be alluding to ICE and fear of persecution rather than changes to H1B or other visas. I may be incorrect but that was my impression in part because no one, in my experience, takes seriously the premise that H1B is a "brainy immigrant" visa
- the_real_cher 11mo agoYep. That was outright inaccurate made me quit reading.
- croes 11mo agoI think you misunderstand parent‘s comment to your comment.
- croes 11mo agoWhere does it say it’s about the visa fees? The US became less attractive for becoming an authoritarian state that is a threat to its own people because of people like RFK Jr. or ICE raids based on racial profiles.
- 0xy 11mo agoThe US has deported millions of people, including in ICE raids, over the past 20 years, under both parties. Notably, the Obama administration built 'cages' (AP coined the term) for children of illegals. The notion that this is new, or that it is a single side, is of course an attempt to paper over historical data which is readily accessible. Authoritarian regimes tend to have no checks and balances, whereas the other two branches of government have both repeatedly restrained the executive this year, through both law and judicial rulings. They also tend to clamp down on free speech, which isn't happening (but is in Europe), or disarm the population (try owning a firearm in China or North Korea).
- floren 11mo agoThe most interesting development in my opinion is the full-throated embracing of the "it's not wealth redistribution if we're doing it" philosophy. Every day some new announcement of $X billion to be given to group Y... it was $12B to farmers over the weekend.
- codemonkey-zeta 11mo agoExcept it wasn't $12B to farmers. Farmers have been squeezed by monopolies on both the supplier (seed, equipment, etc) side AND the buyer side (there is often only a single buyer of grain in an area, for example) to the point that most large scale American farms are struggling to make any profit, and service their sizeable debts. The $12B will immediately be transferred to these monopolies, it will not go to farmers.
- amazingman 11mo agoSure, but they will be told to believe they're getting it. And so many of them will be eager to do so.
- Arodex 11mo ago[flagged]
- rramadass 11mo ago"Economic Experiment"? BS! This is straight-up self-destruction and tearing down of global economic systems. As to why; think about who would benefit most from US' demise as global top-dog.
- beepbooptheory 11mo agoI know this isn't your point, but probably everyone.
- feightnews 11mo agoPretty much any metric of global economic activity is at All time high.