title: comment on are you on pace to reach your goals by  goals for the neomasculinity movement during trumps first term
text: the election of donald trump is already having an enormous impact on the economy   th  
    sent shockwaves through the us economy and the us financial system since november th the dow has hit a brand new alltime record high  the us dollar has strengthened greatly and bank stocks are way up but not all of the economic news is good news unlike stocks bonds have reacted very negatively to trumps election victory the past week has been an absolute bloodbath for bond traders and as you will see below this is going to have dramatic implications for all us consumers moving forward 
  over just a two day period more than a trillion dollars was wiped out as bond yields spiked all over the globe as cnn has noted  this type of violent reaction in the bond market has only happened three other times within the past ten years 
  the rate on year treasury notes has surged to  from  before the election last weeks spike in treasury rates was so big that it had only happened three times before in the last decade 
  blackrocks russ koesterich called it a violent reaction 
  the move stands to have broad repercussions for all americans not only will the us government have to pay more to borrow money but mortgage rates and car loan costs should also rise thats because treasuries are used as the benchmark for many other forms of credit 
  as interest rates rise virtually everyone in our society is going to feel the pain 
  those that need an auto loan in order to purchase a vehicle are going to find that loan payments are significantly higher than they were before 
  credit card rates will also go up and those just getting out of school will discover that their student loan payments are even more suffocating 
  but the biggest impact will be felt in the housing market the average rate on a year fixed mortgage just hit the psychologicallyimportant  percent barrier and that could mean big trouble for the housing market in   
  the average contract rate on the popular year fixed mortgage hit  percent according to mortgage news daily a level most didnt expect to see until the middle of next year rates have now moved nearly a half a percentage point higher since donald trump was elected president 
  the situation on the ground is panicked damage control said matthew graham chief operating officer of mortgage news daily people were trying to lock loans quickly last week and are now facing a tough choice to lock today or hope for a bounce many hoped for a bounce last week heading into the long weekend and we obviously didnt get it 
  rising interest rates was one of the key factors that precipitated the financial crisis of  and many fear that it could happen again 
  and without a doubt this rise in rates is going to affect the affordability of homes that are already on the market  
  if youre going to buy a house and your mortgage payment went up by  or  you may buy a smaller house theres impact on interest rate sensitive sectors like autos and housing and also corporate bonds themselves where financial engineering has helped juice up the equity market said george goncalves head of rate strategy at nomura 
  in addition rising rates will make it more difficult for those with adjustable rate mortgages to keep their homes foreclosure activity was already up  percent during the month of october and many are projecting that we could see another giant spike in foreclosures during the months ahead that is similar to what we saw during the last financial crisis 
  many trump supporters dont really care what the rest of the world thinks of our new president but this is an area where what the rest of the world thinks really really matters 
  the truth is that the rest of the planet is not all too fond of trump and if that makes them a lot less eager to lend us money that is a major problem 
  the only way that we can maintain our massively inflated debtfueled standard of living is to continue to borrow gigantic mountains of money from the rest of the world at ultralow interest rates 
  if the rest of the world starts demanding higher rates of return now that trump is president we are going to experience economic pain on a scale that most americans dont believe is possible 
  one of our big lenders has been china and right now they are deeply   a trump presidency might mean trump has talked very tough about trade with china and the chinese are gearing up for a major trade war the following comes from cnbc  
  during his election campaign this year trump spoke of a  percent import tariff on all chinese goods while failing to outline how it would work should any such policy come into effect china will take a titfortat approach according to an opinion piece in the global times  a newspaper backed by the communist party 
  a batch of boeing orders will be replaced by airbus us auto and iphone sales in china will suffer a setback and us soybean and maize imports will be halted china can also limit the number of chinese students studying in the us the global times article read 
  most trump supporters assume that since trump has been a very successful businessman that he will be able to strengthen the us economy 
  but it isnt that simple 
  the only reason we are able to live the way that we live today is because we have been able to borrow trillions upon trillions of dollars at irrationally low interest rates 
  the moment the rest of the world decides that they are not going to loan us money at irrationally low interest rates any longer the game is over and it wont really matter who is in the white house at that point 
  so watch interest rates very carefully if they keep going up it is inevitable that a major economic slowdown will follow no matter what economic policies the new trump administration implements november th   tags bank stocks  bond crash  bond traders  bonds  donald trump  economic news  feel the pain  financial  foreclosure  foreclosure activity  foreclosure activity rising  foreclosure help  foreclosures  foreclosures rising  good news  home foreclosures  pain  stocks  the dollar  the dow  the pain  the stock market  the us dollar  the us economy  the us financial system  trump  us consumers  category housing crash  the economy    mleblanc 
  crash and burn house prices crash and burn houses go sky high while wages remain stagnant not sustainable time for a correction an excessive correction genada 
  to lose weight you have to take some pain eat less work out same goes with making our economy work for americans we are going to need to take some pain to be able to improve the economy and make it work for every american and not just the top 
  the rates had to go up they couldnt really go down anymore and its going to have some negative impacts but those impacts are due to living beyond our means and making bad choices now we will need to pay for that a bit 
  lack of lending from others will require us to produce at all and thats a good thing producing at home will lead to more jobs and make us less depend on others less 
  then the final major truth about the world economy is and you have detailed many times is that the worlds debt is far in excess of what can be payed its time for write downs and admit this then after the pain of that to put things in place to prevent this from happening again retired 
  ultimately we have them all by the gonads with the eu sinking into bankruptcy america will be the last major consumer market left standing the american consumer economy is over  of the total economy the exporting nations have no where else to sell their consumer products  raw materialsthey will need to keep the american economy afloat as for the debtit will never be paidit will be rolled over indefinitely alsothere will be financial chaos around the world when america drops the hammer on the outside world most of the big money from outside will be drawn to america for securitysouth florida is already a haven for wealthy venezuelans who had money parked here for hard times in their homelandcalifornia is in a similar situation with offshore chinese wealth most of the world is part of a global financial system based on american dollars as the worlds reserve currencya large part of the world arein effect provinces in an american financial empireamerica is their bankerthey cant extricate themselves from the dollar  america paul anders 
  bottom line is one day soon this house of cards is coming downtrump or no trump but if he can drain the swamp and get the political cesspool back on track i think its worth the pain pain is coming sooner or later anyways retired 
  the main thing is to get rid of the central bankers  get a leash on the fire economywhich is mostly huge overhead  is sucking the life out of the real productive economy if it takes pain in the correction we will need to handle it if we want to turn the economic corner castiel 
  screw the chinks screw those stupid and ignorant liberals screw the elitesi hope they all burn scott