• pleasegoaway@lemm.ee
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    4 days ago

    The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.

    All is going according to plan.

  • DaddleDew@lemmy.world
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    6 days ago

    Fret not, says the president, he is apparently playing chess while the world is playing checkers

    He’s trying to treat the entire country like one of the casinos he bankrupted to screw over his creditors.

    I’m sure he thinks he’s playing chess. But what he’s really doing is sitting in the corner eating the pieces.

  • buddascrayon@lemmy.world
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    5 days ago

    It also forces farmers to sell more of their products here in the U.S., to bring grocery prices way down. We’ve already seen this with eggs.

    The absolutely stupid thing about this particular statement is that egg imports had risen to meet demand which was forcing egg prices back down. The tariffs are going to completely reverse that.

    • UnderpantsWeevil@lemmy.world
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      5 days ago

      Also, plus, too we’re doing next to nothing about Bird Flu that’s killing the egg laying chickens and causing the shortage.

      • SoftestSapphic@lemmy.world
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        5 days ago

        Also we don’t have any day laborers to plant and pick our crops this year beacuse they are all too scared/deported for the US to produce enough food for ourselves.

        • Ledericas@lemm.ee
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          5 days ago

          And they aren’t doing hospitality jobs, construction jobs, working in disney

          • TronBronson@lemmy.world
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            5 days ago

            Which is actually good this year because tourism is already down 30% and im too poor to travel. They would more than likely have lost their jobs by end of summer.

            • Ledericas@lemm.ee
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              4 days ago

              yes it is good, florida, and texas have been touting how they are all conservative bastion stronghold, let see them pick some houseplants for a change. additionally its also why they rolled back child labor laws, but it still primarly target immigrants.

  • The Real King Gordon@lemmy.world
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    6 days ago

    The Narcissist’s Prayer

    That didn’t happen.
    And if it did, it wasn’t that bad.
    And if it was, that’s not a big deal.
    And if it is, that’s not my fault.
    And if it was, I didn’t mean it.
    And if I did, you deserved it.

  • 9tr6gyp3@lemmy.world
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    6 days ago

    Then if thats the case, this seems like a national security threat. Destabilizing the country through financial terrorism seems pretty felonious.

  • Letme@lemmy.world
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    5 days ago

    GOP presidents do this every time. Crash the market and the oligarchs buy it up for pennis on the dollar.

    • Boomer Humor Doomergod@lemmy.world
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      5 days ago

      The wealthiest 10% of Americans own 93% of the stocks. I’m glad to hear they’re hurting and not anyone else.

      Trump is doing by accident things I’d never hoped to see in my life: The end of American hegemony, unification of Europe, the fall of the petrodollar, the elimination of the fake wealth on Wall Street.

      But I can’t stand the motherfucker.

      • TronBronson@lemmy.world
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        5 days ago

        I love how many people are advocating and celebrating for 50 million elderly Americans to become homeless. You guys couldn’t eat the rich if I put them in front of you with some condiments. couldn’t find the rich fucking if Luigi was pointing a gun at them.

        The whole Trump administration is ran by putting up some stupid stat and getting some stupid people angry about it and then we encourage a stupid plan to go through that hurts the angry people even more making them more angry and dangerous. we’re only 90 days in people let’s get it together

      • UnderpantsWeevil@lemmy.world
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        5 days ago

        I’m glad to hear they’re hurting and not anyone else

        Except when equities plunge it drives up borrowing costs. That impedes how businesses maintain and expand their enterprises, which puts downward pressure on employment and wages.

        We’re also seeing a crash in commodities prices - particularly US exports - and energy demand, which is gearing up to wreck the O&G, automotive, and agricultural sectors.

        It’s bad bad bad for everyone. A totally unforced error by Trump that will have huge negative downstream reprecussions for us all.

        Trump is doing by accident things I’d never hoped to see in my life: The end of American hegemony, unification of Europe, the fall of the petrodollar, the elimination of the fake wealth on Wall Street.

        Maybe. The US has been written off a few times before this and rebounded. And there’s no real reason to believe the current EU will be any less xenophobic, imperialist, or wreckless and wasteful as their American peers, given that they’ve been drinking as hard from the fascist well as the rest of us.

        We’ll see what comes of it all. Maybe America will go quietly off into the graveyard of empires and swallow a bullet. Or maybe we’re come roaring back for one last nightmarish global thermonuclear Holocaust because we just can’t stand not being the center of attention.

          • ZMoney@lemmy.world
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            5 days ago

            The fungi take over for a few hundred thousand years, tops. There are some global climate swings during this period but eventually the balance is restored and the next set of animals asserts hegemony. Just because this is the first mass extinction caused by animals (arguably) doesn’t mean it won’t play out like the others.

    • tikifire@lemm.ee
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      5 days ago

      It’s so obvious to anyone that looks at his actual actions through his life that he cares about no one but himself.

    • CharlesDarwin@lemmy.world
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      5 days ago

      That’s hard to buy for nearly any given politician, but especially donvict - that’s next-level delusion.

    • Shardikprime@lemmy.world
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      5 days ago

      Millions voted to fuck boomers and their 401ks

      Lots of new housing will free up

      About time

      It’s a win win

      • barneypiccolo@lemm.ee
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        5 days ago

        Housing won’t free up. Black Rock, Morgan and others are buying up all the middle class housing so they can jack up the prices out of reach of most, forcing them to remain renters, then doubling the rents. Thats why housing costs are now more than 50% of income these days.

        Democrats have tried to push legislation banning these companies from buying mass amounts of housing, but the Nazis fully support it. Tent cities will be regular thing by the next “election.”

      • Snowclone@lemmy.world
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        5 days ago

        If people understood how the stock market worked they wouldn’t be dumb enough to vote for Trump.

      • TronBronson@lemmy.world
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        5 days ago

        Yea lmaoo just like 2009 when we all got bank loans and bought tons of distressed real estate.

        oh wait it’s nothing like that because we don’t have a housing bubble where strippers own five homes

  • ugtug@lemmy.world
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    5 days ago

    Republicans are such idiots that they would mistake huffing paint as a sign of genius.

  • AA5B@lemmy.world
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    6 days ago

    The KISS principle applies here, keep it simple. There is no plan, there is only Trump saying “I win”. He’s just declaring victory in the face of disaster as usual

  • werefreeatlast@lemmy.world
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    5 days ago

    Lol he wants you to trust him, he can bring the money back! All 12 trillion!.. That the entire country made in 4 years together, slowly…

    As a demo, let me show you how I can control our household’s income (the markets) I have full control and you shouldn’t worry about it. We start small to demonstrate how I do have full control. I can totally remove money! From this car flying down the highway, I just open the window and toss the money out! I can do it from this bike! Look see? It’s friday pay day! I got the money back! OK let’s go big. Here’s all the and we’re on this large airplane! Let me show you how its done! You simply open this window… Watch it all fly away!

    Okay let me show you how I can bring it all back… Just sit back and wait for the check. When you’re famous they let you do it! Wait for it! Hey it Friday! No check? Oh…we get paid every other Friday! And we’re waiting!.. Friday again! But this is a holiday! We’ll have to wait two more Fridays, you’ll see. Its coming back!.. Hi, I need a ticket to Antarctica, i’m told there’s only penguins there! One way please, and hurry!