Wall Street is increasingly betting that Trump will blink first in the tariffs stand-off
Trump Always Chickens Out – or TACO for short. Investors like narratives to explain the financial world, and they appear to have seized on this one: whenever Donald Trump faces a market backlash, he will back down.
It would be fair to say the US president did not take kindly to the suggestion that he was being a “chicken” when asked by a reporter at the White House about the term that is gaining traction on Wall Street.
“But don’t ever say what you said,” he added to the reporter. “That’s a nasty question.” Apparently riled, he later returned to the theme, insisting that he was no chicken, and that often people accused him of being too tough.
But recurrent retreats by Trump have become the basis for stock markets rebounding after falls, even as the US president has raised tariffs to their highest level in more than a century.
Always bet on Donnie chickening out. He had the 2016 nomination sewn up, and challenged Bernie Sanders to a debate for charity. Bernie said ‘sure’ and Trump had to run from his own dare.
I like this one too, thank you for sharing
I love when he calls something “nasty” because that means that he feels insulted by it hahaha
Yeah he’s a bully, bullys never fight fair, they always chicken out when actually challenged
I guess people will get bans for Luigi and tacos on Reddit now.
TACO, TACO Don (TACO Don)
No one wants to be
a TACO Don!
TACO Krasnov strikes again.
I mean sounds about right.
If I were a gambler I would be putting 100% of my money toward trump bets. That piece of shit projects everything he’s going to do and there are people with money not willing to realise it. I swear, if I was an evil person I’d be rich.
Trump always wants to be known for his “great economy” when in office. Because of that I dont think 'TACO" is going to change his behavior.
It depends if it takes off or not. This little bubble we’ve seen on Lemmy is fun but it’s not going to last and therefore it wont’ change much. The reporter was risking a lot by shoving his nose in it, and that’s what the real story is.
But people have a strong aversion to treating trump as something other than “slightly off” normal. He is very much not normal. He is demented and his narcissism is on full regular display every time he speaks.
“Don’t you EVER say what you said!” he barked. His rage is always just barely being pulled at the last minute. But if “regular” peasants like this reporter keep stinging him he’ll freak the fuck out, and all the intel agencies in China and russia and everywhere else know it.
All anyone has to do is get him to freak out in the proper direction and bam - you control whatever part of the US they want.
“Jibe ruffles president’s feathers”
Well played, Guardian, well played. If the president had middle school learning comprehension, he would be very offended.
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Do we actually want him to drive our economy off a cliff just to humiliate him…? Wtf
I do not. He might chicken out but hurting his feelings about it is not worth destroying futures for
Edit: it seems I’m dealing with some simpletons here
Collaboration with the enemy in order to avoid punishment is never a good strategy. They will come after you anyway, you’re just making it easier for them. Always resist as much as possible, slowing them down and frustrating them until we can get the upper hand and defeat them.
Never voluntarily surrender your freedom in exchange for a promise of safety, they will not honor their promise.
So when Trump dared Kim Jong Un to nuke us, that was a good idea too, then?
Also it’s not surrendering or bending over to just not make fun of him for not taking a catastrophic action. Kinda puzzled that’s controversial.
