Good morning everyone! Welcome to another week in the ongoing battle between good and evil. Remember, it’s not about left-right, but up-down.
The Economy Develops Trump Derangement Syndrome
In the past week, Trump has:
- Proposed 50-year mortgages as a means for getting more people into homes
- Promised a $2000 stimmie check to “most Americans”
- Lost the Supreme Court case about the ability/right of the executive branch to levy tariffs, sparking concerns that the US government will have to give back ~$230 billion dollars
- Promised to push harder into so-called cryptocurrencies
Given that all of this may change later today, or tomorrow, or next week, the economy is clearly getting whipped about due to nobody knowing what the plan is. Uncertainty can kill business decisions quickly. Nobody knows what’s happening anymore, at least judging by the canyon-wide span of economic opinions on my timeline.
The Hoi Polloi were not impressed with the 50-year mortgage plan:
50-year mortgage for dumb fucks pic.twitter.com/Krl17OKDTP
— Darth Powell (@VladTheInflator) November 9, 2025
"So you can't afford a 30-year mortgage, but you're going to take out a 50-year mortgage to pay $300 less a month but pay $500,000 more to the bank by the end of the loan?""That's correct, Dave." https://t.co/0ZD2Jnvv4G pic.twitter.com/wCAtNfkwmF
— Bonchie (@bonchieredstate) November 8, 2025
How is “here, enjoy this 50 year mortgage”different from“you will own nothing and you will like it”
— Thomas Massie (@RepThomasMassie) November 9, 2025
But, if the debasement trade continues, many of us may want to consider taking out as many loans as we can for the longest possible durations…and let our PMs pay those off effortlessly in future years.
Trump, presumably not checking with his team, Tweeted out this huge news:
BREAKING: President Trump announces that he will be paying a “tariff dividend” of at least $2,000 per person.Stimulus checks are officially back. pic.twitter.com/Dt4UgHVMrT
— The Kobeissi Letter (@KobeissiLetter) November 9, 2025
But Scott Bessent was there to temper Trump’s wild assertion:
Scott Bessent is already in damage control, saying the $2,000 dividend Trump promised won't be a check 🤣https://t.co/YyKwmo5bFB https://t.co/U9AgFG9Gt2
— Financelot (@FinanceLancelot) November 9, 2025
It’s starting to smell a little bit desperate:
We’re not even in a recession and both parties are handing out helicopter money.Realize where we are.
— Geiger Capital (@Geiger_Capital) November 9, 2025
For some reason, every time Trump speaks about crypto, I have the urge to grab my wallet:
🇺🇸TRUMP: “I WILL SIGN CRYPTO LEGISLATION.”He says the new market structure bill will grow the industry more than people ever thought possible. pic.twitter.com/IQKrMoojvW
— Coin Bureau (@coinbureau) November 8, 2025
Meanwhile, Doug Burgum is speaking about something that’s so
by cmartenson 
