Keep it Macroeconomic: NO POLITICS ON METAR!

I know it’s almost irresistable … but resist the urge.

NO POLITICS ON METAR!

I will flag any post that does not impact economics and investing.
Wendy

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Glad to have you back, Wendy.

DB2

Is this a new rule??

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I’m very concerned that since her surgery, Wendy becoming a bit more forgetful.

I believe she meant to say:

NO POLITICS ON METAR except for AlphaWolf.

Just looking out for you, Wendy. :innocent:

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Rule by decree

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With all due respect Wendy, you post this every few weeks. The same posters knowingly break your rules on a regular basis.

It’s too bad they don’t respect your wishes.

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I know I’m a frequent violator, I’ll try harder. I’ll just speak for myself, it’s very difficult to separate out our current political environment from METAR.

I don’t always clearly connect the dots when there are what seem to be obvious connections.

No disrespect intended Wendy.

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That’s exactly right. It’s not possible to keep them separate in this environment.

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It’s possible, but difficult. For example, all talk about new tariffs now are premature. But as soon as any tariff goes into effect, we can discuss the macroeconomic ramifications of it.

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While I generally agree, it is not always possible to not mention politics. Liz Truss and her chancellor, Kwasi Kwarteng, upset the UK bond market in 2022 and nearly caused a serious collapse in bonds, all from a budget statement:

It now seems that Liz was trying to sack Andrew Bailey, the governor of The Bank of England (BoE) and the BoE started selling bonds:

Liz Truss’s humiliating exit was an inside job by the Bank of England, a new BOE brief shows.

https://www.wsj.com/opinion/the-real-culprit-in-britains-bond-meltdown-liz-truss-bank-of-england-inside-job-c320b5a7

BTW, Kwasi Kwarteng, wrote a great book called War & Gold which traces the history of our modern financial system. Well worth a read:

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I respectfully disagree. When tariffs are being sold to the public as being paid by other countries, that’s either dishonest or naive. Either way, we should be concerned.

Tariffs, once implemented, will certainly have METAR impacts. The political discussion around tariffs prior to their implementation also has METAR impacts.

This board is valuable for lots of reasons. One being the insights provided BEFORE stuff happens. Seems silly to limit this approach when it comes to political impacts to METAR.

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Well, they already have. Looking at current (past 6-8 years) tariffs, the price to the economy has been largely negative. The future is no different, only on a potentially much larger extent.

Academic and governmental studies find the Trump-Biden tariffs have raised prices and reduced output and employment, producing a net negative impact on the US economy.

Pete

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Yep, right after it is too late to avoid the Risk. Makes me think, if only there was a place we could discuss threats and risks before they happened so we could invest accordingly.

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The problem is that these two statements are often conflicting. Whether congress has the votes to pass a mass deportation policy is clearly politics but also has economic relevance, so which of the two above rules apply?

To make it easier for nit-pickers like moi, I suggest focusing on the “must be directly relevant to macroeconomics” rather than “must not be politics”, which is probably what is done in practice anyway.

Shrewd’m.com
And … I still need to add more

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Given the “emergency” declarations, regarding both immigration and energy, does Congress have a role, or are those sectors run by dictate?

Steve

Sure, unless you think they are going to have a terrible effect on a particular company, and particular sector, or the economy in general and want to get out of the way of a moving freight train before it runs you over.

But I suppose it would be better for the board for many of its readers to lose bigly, and then discuss why they lost bigly after-the-fact.

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This will probably be an unpopular post.
But there is no requirement to post about any topic.

There are no called strikes on METAR. You CAN choose to not post about it here and post it some other place on the web.

Mike

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Sorry, only ONE LIKE is allowed!

The Captain

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You may disagree with the rules, but you still have to follow them. The rule is that proposed legislation/political action isn’t a topic we discuss here in depth, but implemented (or perhaps nearly implemented to an extent) we do discuss here.

And there’s a good reason for that rule. Because when a group discusses potential political stuff, it can only devolve into pure politics. Good policy. Bad policy. Will help the country. Will destroy the country. Those conversations ALWAYS and everywhere destroy message boards. That’s been the case since the usenet boards in the 1980s.

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