A lot of people made money off of this. It went according to plan.
Market goes up, people make money. Market goes down, people make money. I would not say that "people made money" is a litmus test for success by any means.
The DOW is still 3,000 points off its peak, the US has rattled multiple trillions of dollars in supply chains, Europe and China are closer than ever, multiple conservative parties allied with Trump internationally are getting fucked in the polls, sales of US Treasuries are hitting historic lows, domestic industry is seeing cost of doing business internationally (thanks to insurance and future contracting costs) climb, and the current administration has squandered an enormous amount of good will within the business community.
Oh, and we're not actually doing any of the protectionist measures Trump promised. We just took a bunch of hedge funds and banks for a ride. Presumably so a handful of insiders could gamble on fluctuations in day-trading.
I mean, maybe that was the plan? But it looks like a fuck up to me.
The losses in US soft power across the globe are enormous
Tom-A-toe, TOM-ah-toe.
Yeah, none of that shit was planned. His little "Now's a great time to buy!" message was just his way of making sure the market didn't continue to spiral downward due to his incompetence with the tariffs. Trump is simply full of bluster and pomp but there's no actual intelligence behind any of it. He's a used car salesman trying to sell his broken down policies to the people who voted for him. He's also trying to sell himself to those billionaires. Hoping for a golden parachute when this gig finally expires.
Could we be entering a period when the public sees that Trump is both wrong and weak?
🙏🤞
Too little too late, unless it inspires an armed revolution.
Can I just tell everyone around this table that I just took an enormous sh-t before coming in here?
This sounds like some poorly thought out power play bullshit that he came up with on the way to work while listening to his alphabro affirmations playlist. What a loser.
Honestly, if I were Putin, I’d have said to stop messing around with tariffs until after you’ve rescued Russia/putin. The tariffs back off and news on Ukraine all indicate a refocus at the same time. Putins screwed if trump doesn’t rescue him asap, (especially after the latest ammo dump explosion)… the destruction of the US as a world power can come later.
https://www.independent.co.uk/news/world/americas/us-politics/trump-billionaire-profits-dropped-tariffs-b2731386.html
A lot of people made money off of this. It went according to plan.
Market goes up, people make money. Market goes down, people make money. I would not say that "people made money" is a litmus test for success by any means.
The DOW is still 3,000 points off its peak, the US has rattled multiple trillions of dollars in supply chains, Europe and China are closer than ever, multiple conservative parties allied with Trump internationally are getting fucked in the polls, sales of US Treasuries are hitting historic lows, domestic industry is seeing cost of doing business internationally (thanks to insurance and future contracting costs) climb, and the current administration has squandered an enormous amount of good will within the business community.
Oh, and we're not actually doing any of the protectionist measures Trump promised. We just took a bunch of hedge funds and banks for a ride. Presumably so a handful of insiders could gamble on fluctuations in day-trading.
I mean, maybe that was the plan? But it looks like a fuck up to me.
The losses in US soft power across the globe are enormous
Tom-A-toe, TOM-ah-toe.
Yeah, none of that shit was planned. His little "Now's a great time to buy!" message was just his way of making sure the market didn't continue to spiral downward due to his incompetence with the tariffs. Trump is simply full of bluster and pomp but there's no actual intelligence behind any of it. He's a used car salesman trying to sell his broken down policies to the people who voted for him. He's also trying to sell himself to those billionaires. Hoping for a golden parachute when this gig finally expires.