• Diplomjodler@lemmy.world
    link
    fedilink
    arrow-up
    107
    arrow-down
    1
    ·
    22 days ago

    What could possibly go wrong when you give the most important job in the world to the most unqualified person ever?

    • grue@lemmy.world
      link
      fedilink
      English
      arrow-up
      33
      arrow-down
      1
      ·
      edit-2
      22 days ago

      We need to dispense with this notion that Trump is “unqualified.” He is very qualified for the job that he actually set out to do, and has been accomplishing it expertly.

      It’s just a different job than the one you think it’s supposed to be.

      • werefreeatlast@lemmy.world
        link
        fedilink
        arrow-up
        5
        ·
        22 days ago

        Trump is overqualified to take us right into bankruptcy. He’s been here so many times! Don’t worry! Just ask for money from stupid people that have money!

        • grue@lemmy.world
          link
          fedilink
          English
          arrow-up
          8
          ·
          22 days ago

          Unironically, yes. You wanna know why Trump’s businesses kept going bankrupt? Because they were never meant to be sustainable in the first place. They were scams – probably fronts for Russian money laundering – and designed to have all the money extracted and then implode on purpose before law enforcement could start looking too closely.

          And now he’s doing the same thing with the entire goddamn country.

    • BlameThePeacock@lemmy.ca
      link
      fedilink
      English
      arrow-up
      25
      ·
      22 days ago

      I bet we could find someone less qualified.

      It just would be difficult to find one outside of a hospital or care home.

  • psmgx@lemmy.world
    link
    fedilink
    arrow-up
    50
    ·
    22 days ago

    Risk? Its his goal. Crash the market for his ultra wealthy amigos to buy up everything

    • masterofn001@lemmy.ca
      link
      fedilink
      arrow-up
      14
      arrow-down
      3
      ·
      edit-2
      22 days ago

      And…

      Destroy USD.

      Remove USD as global reserve currency.

      Bitcoin.

      Sell off land to billionaire buds.

      (Allow) Nuke a few cities?. Big midterm surprise?. /q’s Great solar flash of 2025 - this is the only one I’m not certain of what/how/when.

      Voilà.

      Lol. You downvote. Everything he does is a known. You just have to listen. Here’s my comment from almost 4 months ago about tarrifs https://lemmy.ca/post/33768636/13042232

      • ChickenLadyLovesLife@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        21 days ago

        Big midterm surprise?

        This is the depressing thing. Even if they do somehow lose their grip over public opinion, a fake terrorist attack would be all they’d need to restore themselves. Good thing Putin has no experience with faking terrorist attacks …

        • masterofn001@lemmy.ca
          link
          fedilink
          arrow-up
          2
          ·
          edit-2
          20 days ago

          Yeah, this comment has a lot to analyse yet there is little to no commentary on it:

          The red states are going to do good, and the blue states, I don’t know, maybe they’ll totally disappear off that map.

          The wording isn’t accidental. And it’s a bit more than terrifying.

          Disappear. Not change, not swing, not go red. “Disappear off that map.”

    • QuarkVsOdo@lemmy.world
      link
      fedilink
      arrow-up
      2
      ·
      22 days ago

      Another problem is that down to lower class the americans invest for their retirement.

      If he wipes out the people’s lifetime savings, they can’t afford to retire and got to work longer - even if the recession is driving inflation down.

      • CharlesDarwin@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        21 days ago

        You think that billionaires that are influenced by the likes of Curtis Yarvin care about people saving for retirement?

        • QuarkVsOdo@lemmy.world
          link
          fedilink
          arrow-up
          1
          ·
          21 days ago

          No, I just thought about how normal people are fucked over. In systems with public pensions, politicians could just cut the pensions, in a property and investment based system, you have to make the “lifetime savings” of the lower 95% just not liveable by greedflation, concentration of wealth and volatile markets that eat up savings - and don’t allow sub-billionaires to hedge.

  • Phoenicianpirate@lemm.ee
    link
    fedilink
    English
    arrow-up
    30
    ·
    21 days ago

    I didn’t think it was humanly possible to see such a concerted effort to destroy an economy in my life. Even Hitler didn’t try to do this with Germany.

    Once upon a time I couldn’t get myself to watch old 80s and 90s cartoons anymore because I felt too old and cynical for them… but now I realize that the villains on those shows have nothing on Trump and his dipshit cronies. Only they are somehow more fleshed out despite being literal cartoon villains.

  • Placebonickname@lemmy.world
    link
    fedilink
    arrow-up
    9
    ·
    22 days ago

    Every day I wake up and I wonder if he’s a complete moron who’s in capable of doing his job… or is he making people worried about the recession and using these tariffs to manipulate the markets for his own benefit?

    The other possibility people have told me about is that he’s doing it to distract us from the real activity behind the scenes, which is to make the rich much richer in the poor, more desperate… 

    • outrageousmatter@lemmy.worldM
      link
      fedilink
      arrow-up
      13
      arrow-down
      1
      ·
      22 days ago

      No distractions, the second answer is not correct, he wants another glided age. The glided age is another term for the second industrial revolution that turned america into the superpower we know today, but It also was an awful era for your average american.They would work 12 hours or more for a whole week, some may have sunday off due to church but a lot did work that day with all your family working. The standard of living was so crap, many would become alcoholics due to the awful conditions, which would lead to prohibition movement. Your average american did not live long, many people would die due to work place accidents but due to no worker protection, nothing would change.

      The era was also known for the monopolies, starting with rockfeller standard oil, carnegie steel company and morgans banking with many others. All the major monopolies worked together to prevent competition by buying out, they would ask nicely to sell your company to them, if not they would play the waiting game by lowering the product your selling to be unprofitable and then buy you out. Regulations did not exist yet so, this was all legal and if it wasn’t, no one gave a shit as they were that powerful. The government was no help to them either, as most of them were bathing in the money of the 1%. The 1% lived in amazing conditions, and hoarded a ton of money, with some becoming important philanthropist.

      Here is an article of proof of what trump wants, https://apnews.com/article/trump-tariffs-gilded-age-mckinley-grover-cleveland-1592dab80ad7159266db51b5baa774b6.

    • oppy1984@lemm.ee
      link
      fedilink
      English
      arrow-up
      10
      arrow-down
      2
      ·
      22 days ago

      Only if you need the funds short term, if you are a ways off from needing the funds then hold what you’ve got and start building a cash reserve to buy more shares when it’s low.

      • bluewing@lemm.ee
        link
        fedilink
        arrow-up
        4
        ·
        22 days ago

        That’s what most people don’t get about investing-- there is money to be made in both market directions. The rich understand that.

        • oppy1984@lemm.ee
          link
          fedilink
          English
          arrow-up
          5
          arrow-down
          1
          ·
          22 days ago

          Yep, when I started investing about 20 years ago I read as much as I could, one thing that always stuck with me was a Warren Buffet quote “be fearful when others are greedy and to be greedy only when others are fearful”.

          That’s generally how I approach investing in stock and Bitcoin. There are exceptions of course, but that’s the general plan. This stock or whatever isn’t failing, it’s on sale.

      • QuarkVsOdo@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        21 days ago

        I think setting a stoploss and then just stay in/ cash out automaticly is also completely viable (as long as your trading fees of cashing out and re-enter are well covered by total earnings so far)

        Taxes are another thing though.

        • oppy1984@lemm.ee
          link
          fedilink
          English
          arrow-up
          1
          ·
          20 days ago

          That is a totally viable method, it’s just not the one I want to pursue.

          Also, yeah I don’t even want to think about the taxes…

  • Avid Amoeba@lemmy.ca
    link
    fedilink
    arrow-up
    5
    ·
    22 days ago

    They should take over The Fed and once the recession hits, increase interest rates and do some QT. That’ll show the working class.