How a U.S. government shutdown could impact global markets

As president you are legally required to take a salary

However, Trump donates his the entire 400K salary. Here's a breakdown of where it was donated in his first term

In addition, Trump's net worth decreased 20-30% in his first term. Unheard of in presendential history. Meanwhile Clinton, Obama, and Biden got filthy from their stay in the White House

But lets not let the facts get in the way of a good TDS narrative

2017

Q1: National Park Service — $78,333

Q2: Department of Education — $100,000

Q3: Department of Health and Human Services (HHS), focused on the opioid epidemic — $100,000

Q4: Department of Transportation — $100,000

2018

Q1: Department of Veterans Affairs (VA) — $100,000

Q2: Small Business Administration — $100,000

Q3: National Institute on Alcohol Abuse and Alcoholism (part of NIH) — $100,000

Q4: Department of Homeland Security — $100,000

2019

Q1: Department of Agriculture — $100,000

Q2: Department of Health and Human Services (to help fight the opioid crisis) — $100,000

Q3: Office of the Surgeon General — $100,000

Q4: Department of Health and Human Services (to fight COVID-19) — $100,000

2020

Q1: Department of Health and Human Services (to support COVID-19 efforts) — $100,000

Q2: National Park Service — $100,000

Q3: Department of Health and Human Services — $100,000

Q4: HHS (again for COVID-19 response) — $100,000

Last shutdown was 35 days. The longest in history, including the biggest losses (cost) by a very long, country mile. I believe, IIRC, it was due to the Trump Mexico Border Wall in Trump v1.0. Let's call it the Great Wall of Trump, shall we then.

https://en.wikipedia.org/wiki/Govern...eral_shutdowns

https://en.wikipedia.org/wiki/2018%E...nment_shutdown


DON'T WORRY SLUGGER.

Trump and all of his cronies in the WH and congress still get paid (phew hey?).

The rest of the government, however, is up a proverbial creek without a paddle. Even the poor sods whom have to go to work, will not get paid until the government resumes business. What an utter nightmare for the rent, power, food and/or mortgage repyaments that can't be just "shutdown" while we piss fuck around like children.

Step right up folks, place your bets on how long this one will last....

I'm going to go higher than 35. Throwing a dart at a dart board I cannot see.....

{Invokes magik crystal ball}

60 days, at least.

This could push #Gold higher baby!.

All time new highs in stocks, that’s how it affects markets.

No, it can’t last that long, after a month you start getting essential workers calling in sick then a lot of necessities start getting disrupted. Neither party wants that kind of heat. But all time highs in stocks everyday is all I need to weather this pretend storm.

This is the most beautiful Shutdown ever.

A T20, noice!!!

I managed a Bullseye. Must be in sync with my ES Bull profits today.

Fiddy - 50 days