• @COASTER1921@lemmy.ml
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        163 months ago

        Normally Trump does what’s best for the ultra wealthy, but de-dollarization of the world economy appears to be good for nobody in the USA. I have no clue what they’re trying to do, I suspect he’s just lost it and there’s nobody left to tell him these tariffs hurt his croneys too.

        At this point I wouldn’t be surprised if we’re already too far along to save the dollar’s position globally. Globally that’s probably a good thing, but for any of us in the US it’s decidely not.

        • @imrighthere@lemmy.ca
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          103 months ago

          I have no clue what they’re trying to do

          They published it online. project 2025. They straight up told you what they’re going to do. Add in pooty, whose goals align a great deal, and that’s it. How do people still not get this, they told you what they’re doing.

        • @atomicbocks@sh.itjust.works
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          63 months ago

          As confusing as it is this does still all fit into Theil’s plan to isolate the US in order to create a corpo-fascist state and bring back apartheid.

    • @andyquest@sh.itjust.works
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      163 months ago

      Idk, when do they buy? This shit has to go way more south before our dear great leader decides to undo the tariffs, right? And if he doesn’t undo them, when would it go back up? We’re still in a race to the bottom…

      • @Boddhisatva@lemmy.world
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        93 months ago

        Knowing Trump’s irrationality, he just wants to erase all the market gains from when Biden was in office. That means he’ll keep at it until the DOW looses another 10,000 points or so.

      • @wise_pancake@lemmy.ca
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        13 months ago

        I lost a lot of money today, but I’m still up from 6 months ago.

        This is going to last a long time and the recession is when they’ll buy.

    • Chainweasel
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      33 months ago

      It’s good for them when they can buy other people’s stock at fire sale prices, it’s less good for them when their own stock is reduced to fire sale prices.

      • HobbitFoot
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        23 months ago

        And it isn’t good for them if stock growth doesn’t happen because American companies lose market share.

    • @ArbitraryValue@sh.itjust.works
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      03 months ago

      That’s not how it works. Stock prices don’t fall below the level that rich people are willing to buy them at, specifically because rich people buy them at that level.