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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (1583322)	1/14/2026 2:56:38 PM
From: combjelly	Read Replies (1) of 1584717

Personally I think it is a good idea. Like the limits on investors buying houses. Now I'll follow up with that it should be done legislatively and not by fiat, but it doesn't make the concepts bad ones. Given the climbing default rate on CC debt, not to mention mortgages, something has to give. I don't think we will have a collapse of the financial markets because of them like the Great Economic Bellyflop in 2008, but it is going to be painful. Trump is walking the same road as Nixon did with his price controls and Whip Inflation Now(WIN!). Given that the ones advising Trump are ideologues only loosely connected to reality unlike the ones advising Nixon, the odds of it working out better are slim to none. Granted, Nixon had the Oil Embargo putting the cherry on top, but Trump's meddling with international trade is likely to be worse. If he gains control of the Fed it will be much, much worse.

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