I don’t doubt things are going very well for him. He’s out of jail, hitting the links, and bribes are pouring in.
My stocks were a couple bucks shy of $10k on January 19th. Yesterday morning they were $8100.
Edit: down to $7700 this morning.
I have a 403B that I pay absolutely no attention to. I was curious, so I decided to look.
Three years of reasonably steady growth with what looks like a run of the mill transient dip at the end.
Almost $10,000 evaporated since March.
I see no reason to believe that it’s transient. I think it’s just the beginning.
I wouldn’t be surprised if he really believed that because all the yes-men around him are constantly telling him how great he is.
People keep repeating this. It’s all on purpose because billionaire snap buy everything cheap
My question continues to be that, such strategy makes sense if you know what you bought cheap would be valuable again. However, trumptard has antagonised the WORLD, even if trade resumes, everyone would jack up prices for the USA to include the risk of another wave of stupid and nobody would sign any long-term agreement so you’d wind up not knowing if your product would cost 10, 20 or 50% more next quarter…
Because people are downright ignoring who he’s working for. His actions make absolute sense as a Russian asset. And no, he’s not trying to screw the US allies, at least that is not his main objective.
EU, Canada, UK, they’re just collateral damage. They’ll hurt but they’ll recover because while loosing the US they still have each other and China. And in their recovery they’ll help isolating the US. After they learn to live without the US it’s game over.
His main target is the US itself. He’s trying to collapse the US economy and isolate them to prevent from rising up again. He’s trying to destroy the US reputation in the international community. He tried it once but now he’s making sure it sticks. With a broken economy and no allies the US will loose its capacity to project military power. Even if a Democrat is elected nobody will ever trust the US again.
Trump works for Putin, it’s completely obvious. His job is to sabotage the US. And he’s doing a great job. And by the time Americans face the facts it will be too late. Maybe it already is.
There’s probably multiple motivations. He serves a motley-crew of white christian nationalists, oligarchs (many with very fascist ideologies themselves), and himself. I think he’s kinda acting like a power-broker/deal-maker for many different people (similar to his buddy Epstein). The numbers don’t make sense because they don’t really matter if the goals are to 1) cause the world to lose faith in the US 2) can be used to negotiate things like de-dollarization 3) can be used to solicit bribes from politicians and businesses. If they really want to bring manufacturing back to the US, the dollar must be unseated as the world’s reserve currency, and there must be very bad stagflation so that we get enough inflation and depressed wages so people are desperate enough to work for roughly the same real wages as Chinese factory workers. If the US is less dependent on other nations for things like manufacturing, the US can do things like invade countries, set up slave and death camps, etc, with less consequence. And the chosen oligarchs get to rule over their own fiefdoms of oppressed workers.
What makes you think the stock market crashing is not his aim?
I think it’s a combination of both that and stupidity, of both him and the oligarchs. Yes, they like manipulating the market and being able to buy up stock when it’s down and it was working for a while there, but they didn’t bargain on just how far trump would go and how much he would fuck things up. trump figured he could cow other countries they way he does Americans and since he can never admit he’s wrong, he’ll keep doubling down even though it’s not working, causing further havoc. I don’t think he believed China would retaliate with a 34% reciprocal tariff, and he’s not going to listen to the oligarchs when they tell him it’s time to back off. They installed into the presidency a monster they can’t control
Because he’s not that smart. It’s not even a Project 2025 thing, because it’s somewhat split on the issue of tariffs. In so far as it supports it at all, it’s mostly about working around some free trade treaties and tweaking things here or there. This strong, across the board tariff is entirely his own idea.
My portfolio is down 40% since January. I’m just glad I took most of it out before it got too bad so I’ve only lost about $1,000. I was about to open a retirement account too but decided against it when things started tanking and I’m glad that I didn’t.
It’s what I had left after I sold almost all I had, so it was kinda the dregs anyway. I wasn’t expecting much but 40% kinda took me by surprise.
Modern “Emperor has no clothes” moment.
Except in this case the emperor and all of his advisors have been telling people for months all about how he wanted to go around naked insisting that he is wearing clothing, and all of the dumbass peasants truly believe he’s wearing a beautiful new outfit in spite of the obvious fact that he’s running around naked.
