Time for the rich to buy stocks on discount.
Assuming the US can recover…
If it doesn’t, the rich will still be fine. Unlike most Americans, they can diversify outside of the US.
It’s good for them when they can buy other people’s stock at fire sale prices, it’s less good for them when their own stock is reduced to fire sale prices.
It’s only a concern if you need to sell during the downturn.
He inherited a growing economy, a healthy stock market and low unemployment. He has undone all 3. Power move!
Be fair, it did take a long time to undo all that…
He’s been back in office an astonishing two months. That’s a lifetime!!Don’t give me hope
No imagine what evil he could do if he didn’t spend 90 % of his waking time golfing!
I keep saying that but a lot of people that just like to be contrarians (I guess?) keep saying that the economy was not really good at all.
The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.
All is going according to plan.
Its Russia in the 90s all over again. Must be a coincidence that the Russian mafia-turned-regime they’re so chummy with, got its foot in the door and secured its power through an almost identical move.
Im wondering if America will have its equivalent of the 1999 Apartment bombings.
…what were those
False flag attack orchestrated by the FSB of. The orders of Putin when Putin was still officially Boris yeltsins second in command.
It was used to justify breaking the truce with thr chechen separatists. And start a new war.
It is often cited as the main incident that allowed Putin to seize power in Russia. Yeltsin was dreadfully unpopular. Putin made himself look strong by playing the role of the patriot who was going to flatten the terrorists for what they did.
It was all a scam. Everything Putin has ever done has always been a scam
Is anything happening tomorrow? Maybe a big protest?
https://en.m.wikipedia.org/wiki/1999_Russian_apartment_bombings
Interesting read
Even the wealthy have to think about what is happening right now. To have their company’s value go to shit overnight isn’t winning him any fans.
I think a lot of them are ideological psychos. Saw an interview with Forbes magazine founder, and he’s giddy about these tariffs because he thinks they’ll enable tax cuts. I don’t think he cares if his shares tank or whatever, as long as he doesn’t have money “taken away” from him to help the poors.
No, that wasn’t the point.
There were 2 goals:
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Cut spending to 0 so they could cut taxes (cap gains to 0)
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Isolate the US from the rest of the world, this is what Putin cares about the absolute most. If we’re out of the way he sees Russia as unstoppable (which is stupid, they can’t beat any country with functioning tractors).
-
Do you think Trump, Musk and their oligarch insider friends maybe, just maybe, opened short positions on a bunch of stock ahead of the new tariff announcement?
His MAGA fans likely don’t have anything in the market, or they don’t think they do, so they think this won’t affect them. They are in for a rude awakening.
Yep. The market is a lot like politics that way.
You might not take an interest in markets, but markets take an interest in YOU.
I am actually getting worried about the leopards health, are there too many faces for them to eat? Do we need to ensure they stay healthy and in shape to better continue eating all the faces by restricting the amount of faces they can eat in day?
And yet people still felt the need to vote for him
I’ll never understand this country…
Racism.
The south started a war and killed 600k Americans for racism.
It’s all some of them care about, it’s their alpha and omega.
Hahahaha… Fuck.
Down 3,163.27 since inauguration.
They voted for this. We all have to be onboard for the crash.
Dow drops 1200… so far.
So much winning
This is what Trump wants. He wants the market to drop and/or a recession. Why? To force the Fed to drop rates back to essentially zero. Once that happens, expect a blistering turnaround in the market. Everyone and their great aunt will be borrowing money at ultra low interest to buy stocks. The stock market will explode, maybe crypto, too. Inflation will skyrocket. It will be nuts.
On one side, this is awesome because companies should tend to the needs of their customers instead of investors.
On the other, fuck my retirement fund
