The Stock Market is a Conventional Wisdom Processor: Why Trump’s Tariffs Crashed the Stock Market While the Trump Musk Payments Crisis Hasn’t (Yet)

I have a confession to make. Two months ago I tried to crash the stock market. Let me explain.
A collection of 10 posts
I have a confession to make. Two months ago I tried to crash the stock market. Let me explain.
It has been a little more than three weeks since my last piece, simultaneously published by Notes On The Crises and Rolling Stone, assessing the extremely alarming implications of the Federal Government taking 80.5 million dollars right out of New York City’s bank account.
I don’t really know what to say. I’ll figure out what to say another time. Paul Krugman, who recently left the New York Times, interviewed me for his newsletter and the transcript of the conversation, as well as the video, are being posted in both of our newsletters.
Notes on the Crises pivoted on February 1st into around the clock coverage of the Trump-Musk Treasury Payments Crisis of 2025 Read Part 0, Part 1, Part 2, Part 3, Part 4, Part
UPDATE 4:21 PM: MARKO ELEZ HAS RESIGNED. WALL STREET JOURNAL CLAIMS IT WAS OVER "RACIST POSTS". OBVIOUSLY NOT TRUE- WIRED, TALKING POINTS MEMO AND I GOT HIM. NEED TO REST,
Notes on the Crises pivoted over the weekend into around the clock coverage of the Trump-Musk Treasury Payments Crisis of 2025 Read Part 0, Part 1, Part 2, Part 3 & Part 4
If you are a current or former career Bureau of the Fiscal Service Employee, especially if you’re a legacy IT programmer with years of experience and especially if you are a COBOL
If you are a current or former career Bureau of the Fiscal Service Employee, especially if you’re a legacy IT programmer with years of experience and especially if you are a COBOL
If you are a current or former career Bureau of the Fiscal Service Employee, especially if you’re a legacy IT programmer with years of experience and especially if you are a COBOL
If you are a current or former career “civil service” Treasury or Federal Reserve System employee, including in the general counsel’s offices of either entity, and you have detailed knowledge of how