3mo ago

Trump ‘eroding’ US brand, has made the country 20% poorer, Citadel chief says

www.semafor.com

Donald Trump is moving too fast, alienating allies, making Americans poorer, and tarnishing the sterling reputation of US assets, Citadel CEO and founder Ken Griffin said Wednesday.

Though the president may have identified real problems, his methods to solve them don’t appear to be working, and are unlikely to revive American manufacturing, Griffin told Semafor’s Gina Chon at the World Economy Summit in Washington, DC.

Previously, Griffin said, “no brand compared” to US Treasurys, the strength of the US dollar, or the nation’s creditworthiness. But Trump’s tactics have “eroded” that reputation.

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3mo ago

Trump ‘eroding’ US brand, has made the country 20% poorer, Citadel chief says

www.semafor.com /article/04/23/2025/citadel-ceo-ken-griffin-trump-is-eroding-us-brand-and-making-the-country-poorer

41 comments

The billionaire, parasite class is turning against Trump. They wanted lower taxes and less regulation to commit more crimes, not massive global instability. And they definitely didn’t realize how diminished Trump is and the role the adults in the room played in the first administration.
This level of chaos will never be profitable. It only accelerates their plans to retreat to bunkers when everything collapses. That was supposed to be caused by climate change, not unforced errors from a senile president and the clown car administration sound him.
- I don't feel bad for these morons. Trump is doing exactly what he said he would do and these supposedly more intelligent billionaires are completely surprised.
- we know where thiel is hiding, at least one of his bunkers is in new zealand. he can have his harem of men to live with him.
  musk has a fetish so he built a compound for his concubines in texas.
  
  NZ should deport that asshole.
- No they’re not. They can live on interest for 100,000 years without issue.
- I’m wondering what makes you think that becoming rich automatically makes you a parasite. No doubt many are, but even as a Linux user it’s hard to see for example Bill Gates as a parasite. Or Warren Buffett for that matter, despite his flaws.
  
  I mean, we can somewhat argue about millionaires, but Billionaires? No way anyone EARNED that much.
  
  Surplus value my friend, it's all in the surplus value.
Well put, but also leopards.
Griffin is one of the Republican Party’s biggest donors and has previously downplayed the threat of trade duties.
Still, the tariffs have been a major focus for Citadel, at a time when Griffin had expected a breather from the pressures of new regulations under the Biden administration.
Griffin had been relishing “the idea that I have four years to focus on my business.” But thanks to tariff turmoil, the country “has devolved into a nonsensical place” where business leaders are distracted by concerns such as supply chain disruptions.
- Yep, as a business leader, that led in this direction, he's not leading on taking the blame, is he?
- Seeing you post this in response to multiple posts is the highlight of my day.
  
  It’s brought me great joy as well
Ken Griffin lied under oath to congress, but you know, $$$
- Rules for thee but not for me
Imagine that a "business man" who inherited his money, couldn't beat a passive index, and repeatedly went bankrupt couldn't run a country
Maybe you shouldn't have donated $100 million motherfucking dollars to him then, huh Kenny boy? Fuck you.
No cell, no sell. Ken Griffin lied to congress under oath.
Never buying American again, hope they all rot.
- They who?
  
  Yes
Wait wait wait, ..."tRUMP is moving too fast." WTF?
That fat cunt never moves fast, physically or mentally. He just cannot do it.
Ok, maybe if it's to do with raping women and children then, yeah, I can see him rushing to do that.
as directed as putin, if usa is weakened they are less likely able to stand against Russias imperialistic aims, which is also subjagate ukraine and its bordering countries.
Donald Trump is moving too fast
Yeah, that's the problem... too much speed! LOL what a jackass thing to say
Oh well. Moving on. No one wants to deal with fash. Fash can fuckkk off.
Brand? Of terrorism? Not sure the US had good PR before...
Which part of the country lost the most % and became poorer? Middle class? The rich?
If the US gets poor enough can a fast food combo cost less than an hour of working an assembly line?
Where is his research? Where at his sources? Trump is trying to save America/S

41 comments