it’s like you believe you can tariff them expecting they won’t do the same. Why do you believe the rest of the world is not going to retaliate and why do you believe America can prosper without the rest of the world?
What’s the point of having a military alliance with countries you puts tariffs on? That’s unfriendly to say the least.
Not a Republican but big US billionaires recently cashed out their stocks.
https://finbold.com/warren-buffetts-cash-pile-hits-334-billion-record-high-what-does-it-mean/
Trump imposing moronic tariffs will crash the market and the Billionaires can buy back cheap.
Buffet has a long history of stockpiling cash when the market becomes far too speculative. He’s also flat out said millionaires and billionaires aren’t taxed fairly compared to the working class.
I think Trump is trying to appeal to blue collar workers who have seen their jobs disappear. Tariffs are his ham fisted way of trying to appeal to them.
Trump is a fool though. It isn’t the 60s anymore and manufacturing won’t work in the US without inputs from Canada and Mexico.
The entire narrative that the US doesn’t have a manufacturing industry or blue collar work is largely a myth anyway. The US has a $2.4T manufacturing sector, which is larger than the entire GDP of Canada. There are also plenty of blue collar jobs in the trades.
This “problem” never gets solved because there is no problem. But the media of course continues to help Republicans gaslight us about it.
Many billionaires have recently cashed out not only Buffet. Of course it could be them predicting Trump being bad. But collusion would be possible.
there’s no republicans on lemmy lol
Trump only ran to stay out of prison. Now he’s ripping the copper out of the walls to get as much money as he can before it all collapses under his ineptitude.
Elon thinks he’s gonna be a trillionaire at the top of a technofeudal oligarchy. (He wants to be Arasaka from Cyberpunk but he’s gonna have a hard time doing that while all his businesses fail.)
The point?
I see it like this.
Profit profit profit at the expensive of all Americans for 4 years.
The next 4 years let Democrats clean up the mess, Democrats are weak anyway.
Then milk the American people again for another 4 years. The cycle is nonstop.
This is malicious greed but everyone keeps thinking these people are idiots.
Stock market manipulation. Look at who moved in to make big trades after the market plunged. Follow the money.
