So the 1% can buy nearly all of it for a song. Provided of course all of us the dumb money sells.
Lol he wants you to trust him, he can bring the money back! All 12 trillion!.. That the entire country made in 4 years together, slowly…
As a demo, let me show you how I can control our household’s income (the markets) I have full control and you shouldn’t worry about it. We start small to demonstrate how I do have full control. I can totally remove money! From this car flying down the highway, I just open the window and toss the money out! I can do it from this bike! Look see? It’s friday pay day! I got the money back! OK let’s go big. Here’s all the and we’re on this large airplane! Let me show you how its done! You simply open this window… Watch it all fly away!
Okay let me show you how I can bring it all back… Just sit back and wait for the check. When you’re famous they let you do it! Wait for it! Hey it Friday! No check? Oh…we get paid every other Friday! And we’re waiting!.. Friday again! But this is a holiday! We’ll have to wait two more Fridays, you’ll see. Its coming back!.. Hi, I need a ticket to Antarctica, i’m told there’s only penguins there! One way please, and hurry!
I had this thought the other day and this seems as good a place to leave it as any. Trump seems to be running the economy like it is a simplified version of the 1980s. Like the macho, bold, no compromise leadership style we would have expected from a white collar “hero” of that time period. As if that’s when he learned what a leader looks and acts like and never changed his mind. Absolutely no consideration for evolving culture or the infinitely more complex, interconnected world we live in. Let alone the complexity of the stock market, global trade, and US consumer economy.
Just oversimplified notions like, “We have to tear it down to rebuild it! You don’t have the balls to do something like that! I’m leader!”
Though, more likely he’s just dementia riddled and controlled by a foreign government and too dumb to realize any of it.
Archive link for the paywall.
It also forces farmers to sell more of their products here in the U.S., to bring grocery prices way down. We’ve already seen this with eggs.
The absolutely stupid thing about this particular statement is that egg imports had risen to meet demand which was forcing egg prices back down. The tariffs are going to completely reverse that.
Also, plus, too we’re doing next to nothing about Bird Flu that’s killing the egg laying chickens and causing the shortage.
Also we don’t have any day laborers to plant and pick our crops this year beacuse they are all too scared/deported for the US to produce enough food for ourselves.
Lol fuck America depending on day laborers to subsidize low grocery prices. Time for all you citizens to get off your ass and head to the fields
And they aren’t doing hospitality jobs, construction jobs, working in disney
Which is actually good this year because tourism is already down 30% and im too poor to travel. They would more than likely have lost their jobs by end of summer.
The MAGA fucks will drink this new batch of Orange Kool-Aid, mixed with Russian vodka.
I wish they would all drink the Jonestown kool aid
Flavor-aid actually, but in this case who cares so long as the solution is the same.
Trump would care. Kool-aid is expensive when compared to Flavoraid. Why do you think he eats McDonald’s when he could afford steak?
Nah, he just likes that crap. He eats steak too, just overdone and covered in catch up.
Millions of Americans voted with the delusion “Trump really cares about me”
The wealthiest 10% of Americans own 93% of the stocks. I’m glad to hear they’re hurting and not anyone else.
Trump is doing by accident things I’d never hoped to see in my life: The end of American hegemony, unification of Europe, the fall of the petrodollar, the elimination of the fake wealth on Wall Street.
But I can’t stand the motherfucker.
I love how many people are advocating and celebrating for 50 million elderly Americans to become homeless. You guys couldn’t eat the rich if I put them in front of you with some condiments. couldn’t find the rich fucking if Luigi was pointing a gun at them.
The whole Trump administration is ran by putting up some stupid stat and getting some stupid people angry about it and then we encourage a stupid plan to go through that hurts the angry people even more making them more angry and dangerous. we’re only 90 days in people let’s get it together
I’m glad to hear they’re hurting and not anyone else.
That’s not the way things roll though.
When wealthy people lose 10% of their wealth it’s annoying but ultimately doesn’t impact their quality of life.
I have a feeling things are going to get pretty bleak for the rest of us at the supermarket real quick.
I’m glad to hear they’re hurting and not anyone else.
Unless you’re accused of being an immigrant and are deported, or you’re trans, or in Yemen or Palestine, or like, have/want a job that isn’t subsistence farming. Look at the Depression, it wasn’t just investors who were hurt.
Trump might be accidentally causing some good things to happen, but a lot of regular people are going to suffer too.
I’m glad to hear they’re hurting and not anyone else
Except when equities plunge it drives up borrowing costs. That impedes how businesses maintain and expand their enterprises, which puts downward pressure on employment and wages.
We’re also seeing a crash in commodities prices - particularly US exports - and energy demand, which is gearing up to wreck the O&G, automotive, and agricultural sectors.
It’s bad bad bad for everyone. A totally unforced error by Trump that will have huge negative downstream reprecussions for us all.
Trump is doing by accident things I’d never hoped to see in my life: The end of American hegemony, unification of Europe, the fall of the petrodollar, the elimination of the fake wealth on Wall Street.
Maybe. The US has been written off a few times before this and rebounded. And there’s no real reason to believe the current EU will be any less xenophobic, imperialist, or wreckless and wasteful as their American peers, given that they’ve been drinking as hard from the fascist well as the rest of us.
We’ll see what comes of it all. Maybe America will go quietly off into the graveyard of empires and swallow a bullet. Or maybe we’re come roaring back for one last nightmarish global thermonuclear Holocaust because we just can’t stand not being the center of attention.
Either way I’m good. Animals have had a good run. Time for the fungi to take over.
The fungi take over for a few hundred thousand years, tops. There are some global climate swings during this period but eventually the balance is restored and the next set of animals asserts hegemony. Just because this is the first mass extinction caused by animals (arguably) doesn’t mean it won’t play out like the others.
They *control the stocks through their brokerages.
Your parents own the stocks.
It’s so obvious to anyone that looks at his actual actions through his life that he cares about no one but himself.
That’s hard to buy for nearly any given politician, but especially donvict - that’s next-level delusion.
Millions voted to fuck boomers and their 401ks
Lots of new housing will free up
About time
It’s a win win
Yea lmaoo just like 2009 when we all got bank loans and bought tons of distressed real estate.
oh wait it’s nothing like that because we don’t have a housing bubble where strippers own five homes
Housing won’t free up. Black Rock, Morgan and others are buying up all the middle class housing so they can jack up the prices out of reach of most, forcing them to remain renters, then doubling the rents. Thats why housing costs are now more than 50% of income these days.
Democrats have tried to push legislation banning these companies from buying mass amounts of housing, but the Nazis fully support it. Tent cities will be regular thing by the next “election.”
If people understood how the stock market worked they wouldn’t be dumb enough to vote for Trump.
GOP presidents do this every time. Crash the market and the oligarchs buy it up for pennis on the dollar.
Yeah those bastards should let all of us buy stock with penis.
If that is the case I guess I am getting shorted.
😂 I’m leaving it as it is, somehow still correct
Hello I was told I could buy an oligarch for my penis?
“The president isn’t a number-crunching guy, per se, but President Trump strongly demanded big numbers that would make other countries treat us fairly. And I think you can see today that those numbers are huge,”
HAHAHAHA
Republicans are such idiots that they would mistake huffing paint as a sign of genius.
The Narcissist’s Prayer
That didn’t happen.
And if it did, it wasn’t that bad.
And if it was, that’s not a big deal.
And if it is, that’s not my fault.
And if it was, I didn’t mean it.
And if I did, you deserved it.Fret not, says the president, he is apparently playing chess while the world is playing checkers
He’s trying to treat the entire country like one of the casinos he bankrupted to screw over his creditors.
I’m sure he thinks he’s playing chess. But what he’s really doing is sitting in the corner eating the pieces.
If the world is playing checkers, then you’re an idiot for playing the wrong game.
A vivid and possibly accurate description.
I still think he is planted there to do as much damage as possible before he expires. Which would mean he is doing it all on purpose… Which then again would have to make him smarter than I give him credit for
Yeah I agree. There has to be a bigger plan than this. In 40 years our children will see documentaties about the republicans pulling the biggest power grab ever and using idiots like Trump to actieve it. It’s not Trump playing chess here, he’s just a pawn. There are people behind the scènes pulling the strings.
If what currently is happening is really just throwing tantrums without having a plan then I feel sorry for how dumb most of america had become.
In 40 years our children will see documentaties about the republicans pulling the biggest power grab ever and using idiots like Trump to actieve it.
It’s optimistic that they’ll even have documentaries to watch (and that they’d be historically accurate and truthful).
The plan comes from Moscow.
I think this is more from Silicon Valley, destroy the country to make way for the Butterfly Revolution and corporate city states with CEO kings at the top. If we don’t stop it we’ll be in a techno feudalist dystopia
“Adam something” did a great video on it. The Trump presidency is marked by fascism, incompetence and technocrats. It’s multipronged
Obligatory fuck Putin.
Could be both planted and so inept that he believes he got there on his own accord and is doing a great job.
Or he’s betting that if people get desperate enough they will allow an absolute dictatorship.
Or he’s betting that if people get desperate enough they will allow an absolute dictatorship.
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He is setting tariffs on his own, a power designated solely to Congress by the Constitution.
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He is having masked police kidnap people off the streets without warrants and shipping them to an overseas gulag without trial or even charges.
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He is illegally refusing to distribute money allocated by Congress to certain states in order to punish them for not doing his bidding.
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And when the courts have ordered him to stop doing the above, he has willfully ignored those court orders with no repercussions.
Exactly what more needs to happen for this to be a dictatorship?
Suspending elections.
We have never missed an election in nearly 250 years of existence, even during the Civil War. If he does that, then America no longer exists, and we have no obligation to pay taxes, respect the laws, pay our debts, etc., and most especially acknowledge the government.
It is every man for himself.
You might as well be waiting for someone to go on TV and look directly at the camera and say, “I am a dictator” (which Trump even kinda did). We’re always going to have elections because they’re a valuable tool of controlling the population. Nearly every country in the world has them, including ones that are generally considered dictatorships.
Without elections, the only vehicle of change or expressions of popular will would be actions, and those actions are generally more disruptive and effective than voting is. We didn’t always have elections in the first place, and we didn’t vote our way out of monarchy.
With elections, people put their anger on hold for years, waiting for the appropriate time to express it, and the way it’s expressed is by choosing a different corporate lackey to support. Gerrymandering, corporate finance, a compromised press, etc ensure that will be the case. Even better, they get people forming their whole political identity around their preferred corporate lackey and half the population hating the other half for it, making organizing on a large scale extremely difficult.
It’s a very silly place to draw a red line. Even if it happened, you’d still “have to” pay taxes for the same reason you do now, because of force. What, are you paying taxes and following laws and shit right now because you think the US government represents some kind of moral authority?
Firing judges who resist him
Dissolution of Congress
Deployment of military on US soil to control citizens.
Alteration or abandonment of the Constitution.
You’re right we are definitely on the spectrum of dictatorship, but it can get much much worse.
And I think it will get worse
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Even Space Nazi’s “unwoke” AI Grok says Krasnov is a Russian agent with over 80% certainty.
It’s an LLM, why are we putting any weight into anything it says?
It will literally say that if everyone else is. The opposite of a fact bot.
NFL has it coming. They denied him once and he may or may not never forget.
Oh, cool! If he meant to do it then nothing is wrong.
The KISS principle applies here, keep it simple. There is no plan, there is only Trump saying “I win”. He’s just declaring victory in the face of disaster as usual
It’s this.
There is no plan.
Whats the point of being the most powerful man in the world if you can’t make everyone in the world know it.
Then if thats the case, this seems like a national security threat. Destabilizing the country through financial terrorism seems pretty felonious.
Convenient that he’s immune from the law so long as he’s in office (and apparently also when he’s not).
The legal system is only for poor people.
Dude’s already a felon and even got impeached in his first term. I was pretty disappointed when the impeachment lead to literally nothing
Not sure President Shady Vans is an improvement.
Vance the nonce is techno-Oligarch Theil’s little fuck toy.
Yeah I think he’d start to lead us toward the dystopian corporate techno feudalism that silicon valley crypto Bros dream of
