KEY POINTS
- Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending.
- Trump has sent mixed messages on military spending throughout his 2024 campaign and in the early days of his presidency.
Who’s to bet a load of shares get bought up, then suddenly this announcement is rescinded?
I bought lockheed martin call options after the way the steel markets rebounded
Edit: just checked volume on LMT. 2.4M today vs an average of 1.35M. Yeeeeeeah. Lot more buyers than usual today
Yay for incredibly immoral investments. It’s disgusting how stock trading has been gamified and divorced from what it actually is, owning and supporting a company.
Work it baby, work it. Insider trading on steroids, or rather Adderall.
Yes please cut defense spending in half.
Putler told Trump to disarm the US lol.
I don’t like it when I agree with the general notion of something Trump says or does. Makes me feel dirty.
Broken clocks. If its any consolation he could be, variously-
- Floating random shit. Common Trump talk.
- Actually wanting to weaken the U.S. militarily, to the benefit of his leash holders.
- Fishing for bribes.
Wait until you see how i gets halved. Im willing to bet they axe the VA, any scholastic programs, ROTC et al as most policies are about destroying America.
Thats the magic of trump though, when he’s vague about things he can sometimes spin them as something agreeable. My guess is he’ll keep the regime change bullshit and nix stuff like burn pit procedures, ukraine support, and veterans benefits
If he actually tried to follow through, there would actually probably be a military coup.
In America.
If he actually halves Pentagon Spending, that would be… the first good deed he’s ever done.
I can see him doing away with seasonal clock shifts by accident at some point.
He never will. He sent a message for weapon manufacturer CEOs to chip in, and off course they will gladlyl buy him just like how silicon techies did
Well, couldn’t the M1 Abrams be replaced with cheaper Tesla cybertrucks?
“Sir, half of our swastitanks have burned to the ground.”
“Who attacked them?”
“Attacked?”
It just rained sir.
There was a post just a day or so ago that was basically saying it was time to buy Raytheon:D
Please keep fucking with the defense contractors, surely they won’t take any drastic measures against you
My mind came up with a terrible what-if today:
What if Musky is becomes the first trillionaire in the next year or two and then deploys a Tesla-bot army?
A Tesla bot army would make the Russian military look good
For his own sake, he should hope that his bot army performs better than his swastikars.
In the next few years the currency that Musk has trillions of won’t be worth the paper it’s printed on.
I’m thinking it’s more for bunker bots that he provides for all the other rich fucks, they all know the world is dead and the biggest issue the rich fucks have is loyal security when it’s bunker down time so it’s going to be some AI gun turret shit
It doesn’t need to be halved. They just need to figure out where a large portion of the money goes, since they can’t seem to account for it.
Infinitely many monkeys on infinitely many typewriters with infinitely much time.
We are the monkeys. Look at what we’ve done.
Sure, piss off the industrial war machine. WCGW?
you think hes not gonna just send nukes and sharpie 51 over it on the map?
Good time to buy then. He already pledged to increase funding to Israel. Just need to research what company supplies the most weapons for them and invest there.
Could it be a power move to pressure the military and try to have it approve fascism ?
also: defense in USA ~3% of GDP
https://en.m.wikipedia.org/wiki/United_States
The United States of America (USA), (…) is a country (…)
https://en.m.wikipedia.org/wiki/United_States_federal_budget
2024 GDP $29.168 trillion
2023 defense ~$0.8 trillion (~2.74% of GDP)
…so, above the 2% NATO target.
