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Every day I the thought that I'll never retire becomes closer to reality. My IRA is only 2 years old. I can't bring myself to check on it because I expect it to be gone. I'll just let the dude who manages it stress over the details while I stress over the big picture.
looks at index funds dive, 'might be insane'.
Really? What was their first clue?
A few hints here and there for sure.
The we’re only a few possible hint against him being a senile old moron. And they were probably when he was cranked on amphetamines.
It’s important to the world to drop the “quietly” bit.
The US administration is behaving erratically and irrationally. This isn’t a punchline to some smug joke, it has important repercussions for world trade and defence needs.
Let’s cut the conspiracy theories about how they are doing this for graft, and the unfounded “4d chess” approaches. Some people in the administration may be trying to steer the government in these ways, but the captain of the ship is an unleashed chaos monkey surrounded by sycophantic yes-men.
The tariffs could double tomorrow or be gone tomorrow. The US could invade Greenland with a military force tomorrow or drop it completely move onto some shiny new idiocy.
We in the rest of the world need to move with urgency in order to be prepared for the worst. This is a tall task, so the longer we keep these admissions quiet the longer we are vulnerable
Let’s cut the conspiracy theories about how they are doing this for graft, and the unfounded “4d chess” approaches.
He is doing it for a grift, it's pretty out in the open. You're right about the 4d chess though. That's his thing, think like a stupid mob boss that only does it for the grift. He thinks they owe him a favor now.
Link to video: https://nitter.net/MorePerfectUS/status/1910340290260463771#m
Video of Trump Bragging About Enriching His Billionaire Pals Draws Outrage
The video doesn’t show evidence of this being a planned out endeavour.
For it to be grift, those people would have had to benefitted from the dip in some way. But that’s not what this shows, it’s just billionaires having their shares go down in value because of trumps idiocy and then back up from the whiplash when he erratically reversed course.
Spraytan is trying to ingratiate himself to these rich assholes by taking credit for their gains by wilfully ignoring their losses were inflicted by him.
This is not to say that no one in the administration is using this for their own gains. It’s entirely likely that some are.
I’m just super sick of this narrative that Trump secretly has some master plan when we have 40+ years of well documented evidence about how stupid this man is.
!lemmysilver
If only we had 4 years of this exact behavior to judge him by to predict he may act like this.....
8 years. He didn't stop misbehaving after he was out of office.
I mean, by that metric, we've got decades of evidence
He only got more insane during the stretch from 2020-2024. The insanity was on full display during the 2024 race. I don't understand what's wrong with our electorate.
Well that and if only he had been honest about what his intentions were when he was running.....
"Might"?
It's warranted. He might be insane or he might be insider trading and enriching himself and friends with his actions.
My non-existent money is on the latter.
Two things can be true at once. These animals don't realize they're pushing the rest of us into the arms of China. Going to war with them is suicidal, but America seems intent on swallowing her own lead.
Nah, these guys want a war. War is incredibly profitable, can last forever especially against a near-peer, and wartime presidents tend to get power expansions. They're hoping this is the push they need to go full Palpatine and say "well we're in a war, no elections until the war is done, also we're taking a page from Lincoln and suspending habeas."
I know it's fun to circle-jerk around these headlines, but it's a misdirection to give lay-people something titter about because it's too difficult to explain what's really happening. His behaviour actually is rational, he's just an idiot.
For Trump's entire life, the US stocks/bonds markets have mapped closely to market greed/fear respectively. When the market gets spooked, they turn to more conservative investments, and US bonds have historically been that. (Government bonds are typically seen as the least risky investment, because it's unlikely that a country falls apart and fails to pay its debts).
Fast forward to today, the US has a bunch of debt that needs refinancing this year, and lately, we haven't been getting good interest rates on our bond sales (which indicates people are seeing US bonds as more risky than usual). So Trump said, "no problem, we just need to instill a bit of fear in the market to drive investors to bonds, which will cause the interest rate to drop, so we can refinance our debt at a better rate." So he announces a bunch of nonsensical tariffs, which tanks the stock market, and just like he expected the bond market saw a dip in interest rates......for about a day, followed by a sharp increase! That sharp increase is why Trump agreed to pause the tariffs. Not only did it not work how he thought, it would seem he exposed a pronounced decline in trust for the US' ability to pay its debts. Instead of running to US bonds, investors ran everywhere else (gold, the Swiss Franc, the Euro, etc.)
I don't know what his next move is, but I have to think he's feeling a bit desperate. He's going to probably try to up his "blame the Democrats for their spending" game, of course without acknowledging that he has also only increased spending (even with all of DOGE's hard fought, and definitely not half-baked, budget cuts).
But all his strategies seem to be overt market manipulation, and nothing else. I feel like it really highlights the difference between someone who can create actual value using intelligent planning and innovation, and someone who is a capitalist leech who has fooled themselves into thinking that buying low and selling high does something useful for someone.
I don’t know what his next move is, but I have to think he’s feeling a bit desperate.
his only move is cutting spending (actually) raising taxes, and running a surplus. That and maybe dont be such a fucking dumbass.
That still feels like too much thought/reasoning for him. I could see some other idiot connecting those dots and convincing Trump it was his idea. Or just Putin trying to crash the economy.
Let me tell you, it’s really god damn annoying seeing people just now have “epiphanies” about shit a lot of us have known for decades now.
Cue the corporate news headlines for 20 years: "studies show trump was 'bugfuck insane' for much of his political life"
I quietly fear that fish doesn’t have a tariff plan and that they might be swimming.
Trump does in fact have a tariff plan and has had it for years. He uses tariffs to crash and recover the market for insider trading. These fuckers need to all be in jail. Since the justice system in non functional then US citizens should probably defend themselves from this economic terrorism in ... other ways.
Fox news: But but but Biden knows a guy who has a dog walker who has a cousin that once babysat for a family that is corrupt so Biden was worse!!
It's great to be a "radical left" these days and be allowed to openly and freely doubt the mental togetherness of the orange buffoon.
Hold still, the radicaler lefter will be long shortly to accuse you of being a "liberal" who's worse than hitler.
Insane? No.
Drunk with power? Obviously.
Source: History.
Exactly. He’s in his second term. The man has literally nothing to lose. Who’s tried to stop him successfully so far? And don’t tell me a judge, because they haven’t — they’ve put up annoying speed bumps which are getting flatter by the day.
Lmfao I’m truly baffled that they thought he had a plan beyond “grab as much money as possible for myself”
Mental acuity of a turnip
Gosh you think? Has any of these morons been paying attention to the Orange Turd.
Repubs get a completely different perspective of Donald Trump. His evil is filtered through propaganda networks until they're left with the God Emperor himself.
He's just a little "yippie" /s
