4mo ago

Trump goes on Truth Social spree as stock market freefalls

www.thedailybeast.com

Trump Goes on Truth Social Spree as Stock Market Freefalls

Summary

As the stock market plunged Monday due to Trump’s trade wars, he spent the day posting on Truth Social.

The Nasdaq fell 4%, its worst drop since 2022, while the S&P 500 lost nearly 3%. Major tech stocks, including Tesla, saw significant losses.

Trump posted over 100 times, endorsing his tariffs despite investor panic. A White House official dismissed the sell-off as irrational fear.

Commerce Secretary Howard Lutnick insisted a recession is unlikely. Trump avoided a clear recession prediction, calling the economy’s shift a “transition.”

56 comments

- We have literally arrived at 1984 levels of lies and delusion, it's incredible. And all the MAGA's are willingly falling for it...
  
  They spent the last ten years yelling 1984, I thought they were criticizing it, I didn't realize that they were actually chanting what they wanted.
- Biden’s Cliff was there for four years, he should have done something about it!
  Edit: damn, forgot the /s...
  
  You are sarcastic, right? It's obvious the real culprit here is Obama
  
  I just can't wait to see what we find... ON HUNTER BIDENS LAPTOP!
American people willingly join truth social and get brain washed is another level of 1984 I don’t understand.
- There are only 2 types of people on Truth social. Nazis and people reporting on the Nazis on truth social. No one is joining Truth Social expecting to get anything other than Nazi propoganda.
  
  I fear this is too charitable an estimation of the average US citizen's ability to spot propaganda. I genuinely worry some people are fooled by how it's all wrapped in the flag and not understanding the dangers of nationalism or the alt right pipeline just fall for it and end up buying in, not because they were inherently a bad person, but because they were easily fooled (the main cause of which I believe is that they were intentionally not taught critical thinking skills and media literacy as those skills more easily allow us to see through the various illusions, and the same goes for emotion regulation skills, empathy, and an understanding of marginalization and intersectional politics, which protect against the coordinated effort by the system(s) and those with power to attempt to turn us against each other and see others as non-human, but that's a whole huge conversation (that I'm willing to have but not necessarily publicly; feel free to reach out if you intend to have a good faith conversation))
  
  There’s also a bunch of crypto scammers on there.
  
  Kinda similar to X but at least X has some interesting things on it which isn’t just neo-Hitlerite propaganda.
- I don’t think people are joining truth social unless they already drank the kool-aid.
- TS is where his supporters can get his diarrhea straight from the mouth.
I mean there are only a few real hard and fast rules you have to follow in life (imo):
Don't talk about Fight Club
No pre-orders, No exceptions
Don't fall in love with the stripper
Don't believe the politician's promises
Strippers and politicians are like two sides of a coin in that one pretends to love you but is just going to fuck you and the other is a stripper.
It's really just not that hard guys.
- Nothing wrong with strippers. Just don't confuse good customer service with love.
  
  They said "the stripper" not "a stripper" which if I'm reading it correctly is... Slightly better I guess?
- That list is the list
  
  It certainly does list things
  I've heard about this other list, but there's like 10 things on it and that's waaay more things to remember, which I'm pretty sure makes mine superior
- Beautiful
When he announced the tariffs you could see the stock prices drop before your own eyes. On Fox News even. Blaming Biden is just holding off his nutcase cult members. Hopefully real Republicans have some common sense and courage to stand up.
- His cult memebers are the "real" Republicans, at least what's left of them.
  Anyone who doesn't support fascism has stopped supporting the fascist party
  
  Some Republicans don't like the direction but have active threats against their families. Which is honestly sad, forcing the remaining "good" Republicans into the private sector.
  We need fair campaigns. It shouldn't cost you 100s of thousands to run a campaign to get elected. Even local campaigns cost a massive amount. You easily spend 80k for a judge position for one county.
  What common man has 80k sitting around for an election?
He's blaming Biden for the decline while claiming that his tariffs are going to save the economy. Those tariffs are exactly what is causing the decline in the first place, especially with the moronic way he is trying to implement them that is driving investors and business away from the US. He will drive the US economy into the ground until his entourage turns on him.
- Don’t worry, next election the Dems will win, and spend 4 years fixing the mess. And while doing so, Americans will accuse them of doing nothing and vote them out in favour of Republican, who will fuck everything up, until the Dems as elected to fix it again. Rinse and repeat and you got American politics
  
  You've just encapsulated my entire living memory of US politics.
- Of course all he says defies logic and reality, but as long as his idiots believe it, logic and realism won't help.
- He's done exactly what he set out to do: create a fire sale for his oligarch masters to profit from.
  
  I was suspecting he was collapsing the market on purpose too. But his mental breakdown about it last night on social media suggests he simply is arrogantly incompetent and delusional.
Had the price of eggs started coming down, yet, or just the stock market?
In the name of science with a dash of self hatred, I had a look at 4chan earlier today. It seems even those morons blame trump for the market downturn.
So glad my retirement is one again getting fucked from Republicans
- while the democrats watch us all getting trained by Republicans doing nothing just like when they have the driver's seat
he needed cocaine to post that many times.
- When I see some photo-op involving little d and fElon, I wonder how much ketamine, cocaine and Adderall is coursing through their veins....
  
  to have that energy to post hundreds of posts, you need to be on a stimulant, or a crazy parosocial/codependent personality. its a little of both, i knew people that were obssesed with texting can down 100+ posts within a few hours.
"No one wants to work"
Can be applied to the parasitic idle rich like little d and fElon far more than anyone else.
https://archive.ph/uEUoy
Nero fiddled while Rome burned
Fuck Musk and Trump!
- Please don't.
  EW.

56 comments

EW.