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Strategies & Market Trends : Ride the Tiger with CD

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To: onepath who wrote (310366)	7/11/2025 4:24:53 PM
From: whistler3000	Read Replies (2) of 312940

Looks like Navarro and Miran are back in favour (with Lutnick and Bessent sidelined). I just had a look at the history of his businesses bankruptcies and realized it happened 7 times (remember Trump Shuttle, Trump Castle and Trump Plaza?). I'm beginning wonder if (in addition to his main MO of making himself and his family very wealthy) if he is taking the same approach to the USA that he has to past corporate ventures - ie borrow massively and put all the proceeds on roulette wheel number 7 (in this case the BBB and tariffs). I've always thought the default risk of a country like the US to be zero and only taken seriously by "tinfoil hat" types. I still think the risk of this in the near term is extremely unlikely but I also don't think it's zero any more. Either way the markets - despite today's minor declines - seem incredibly complacent considering the shenanigans. Something wicked this way comes? On a positive note, nice pop on SGD today.

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