Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
That time the Trump boys lost a cool billion of daddy's money. [View all]
And Trump's anger at Jerome Powell becomes clearer. See 3:21 in the video. Seems it wasn't about overall US interest rates at all. The rates you and I pay. It was about the Fed's perceived impact on one particularly large bet on crypto. And the debt the boys took out to leverage their crypto bet? That doesn't go away if the underlying investment goes to hell. The lenders want their damn money back. Every damn penny. 
5 replies
= new reply since forum marked as read
= new reply since forum marked as read