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US prosecutors launch criminal investigation into Federal Reserve chair
- Thev00d00 10mo agoWhat is happening USA. Please stop. "It Hurt Itself in Its Confusion!"
- ZeroGravitas 10mo agoFollowing in the footsteps of other financial powerhouses like Argentina, Russia, Turkey, Venezuela and Zimbabwe. On the other hand, Trump catastrophicly imploding the US economy is one of the likelier good endings to this insanity.
- embedding-shape 10mo agoBeing a public European defence company has never been better I bet. It's hard not to see all these moved as intentionally trying to make things worse, but why? And why is there no whistleblowers leaking the "why"? They can't possibly think these things will improve the situations, right?
- kaffekaka 10mo agoMore power to Trump. That is the improvement they're (he) is looking for.
- chii 10mo ago> good endings to this insanity. and why would that be a good ending? Or are you saying that such an event would collapse the superpower, in which case, it's good (but for everyone else other than that superpower)?
- comrade1234 10mo agoI assume he means it's less bad than invading Canada and/or Greenland and even nuclear war.
- chii 10mo agoIf anything, economic collapse of the USA is more likely to lead to war (which then increases the likelihood of nuclear weapons usage).
- water-data-dude 10mo agoMassively screwing up the economy would be unpopular enough that he would lose support, even from other republicans, and we might be able to stop the slide into authoritarianism.
- soupfordummies 10mo agoJust weeks ago someone told me that they had transferred their retirement account into gold. I thought that was quite a bit doomsday-prepper-esque. Now here, just weeks later, I'm thinking it may be a good idea myself... Not sure if y'all saw this also: https://www.axios.com/2026/01/10/trump-venezuela-oil-national-emergency https://www.axios.com/2026/01/10/trump-venezuela-oil-nationa... The PACE of all of this is really alarming also.
- pseudohadamard 10mo agoIt's still not quite the prerogative state that Putin's kleptocracy or Hitler's Germany were, where the Dear Leader enjoys jurisdiction over jurisdiction with just enough vestiges of the rule of law left in place for the capitalist economy to function, but it's sure moving in that direction.
- fakedang 10mo agoInsert Palpatine meme Let the stupidity and corruption flow through you....
- Coffeewine 10mo agoShame that the guardian describes Powell’s statement as ‘blistering’: https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm https://www.federalreserve.gov/newsevents/speech/powell20260... It reads to me more as ‘tepid’. He’s obviously trying to be as apolitical as possible, but I don’t think that’s going to help.
- deleted 10mo ago[deleted]
- ChrisArchitect 10mo ago[dupe] Discussion: https://news.ycombinator.com/item?id=46582420 https://news.ycombinator.com/item?id=46582420