Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on How the U.S. Federal Reserve Went Broke. Parent comment
The fed wasn’t in his crosshairs at first, but when they started to raise rates…
Trump and his family has extensive real estate ties, and those were having trouble due to the rising rates.
So then he started threatening them, and miraculously, they took a break. Which seems to have helped his son in law avoid bankruptcy at the minimum.
Weird, huh?
There are no comments on this comment yet.
The fed wasn’t in his crosshairs at first, but when they started to raise rates…
Trump and his family has extensive real estate ties, and those were having trouble due to the rising rates.
So then he started threatening them, and miraculously, they took a break. Which seems to have helped his son in law avoid bankruptcy at the minimum.
Weird, huh?