this post was submitted on 15 Sep 2025
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The economy is so cooked that the proposed solution is “what if we just… stopped looking at it”

https://archive.ph/A55tB

top 17 comments
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[–] rootsbreadandmakka@hexbear.net 16 points 2 hours ago

Literally just his Covid response

Uhhh let’s stop testing

[–] ProletarianDictator@hexbear.net 22 points 3 hours ago

Ok but if you were trying to get capitalism to stop being so self defeating, this would actually be a decent idea. The ~~day traders~~ gamblers aren't gonna like this though.

[–] Nopeace@hexbear.net 22 points 3 hours ago (1 children)

He added: “Did you ever hear the statement that, “China has a 50 to 100 year view on management of a company, whereas we run our companies on a quarterly basis??? Not good!!!”

But I thought "CHINA BAD!!!!"?

[–] ExotiqueMatter@lemmygrad.ml 13 points 2 hours ago

Between that and Lutnik saying on TV that they want shares of every big government contractor, I think what they're trying to do is to copy (sloppily) China's SOE driven model. Since they are doing it cynically in an attempt to compete and in a way that still continues to suck all the wealth in the ultra-rich's pockets all the same, it's sure to end up as an unworkable mess that's only gonna put them in even more trouble.

[–] InevitableSwing@hexbear.net 7 points 2 hours ago* (last edited 2 hours ago)

If I was president and the economy was bad - I would try to distract people by making it worse! What do you think, Marge?

I think there's still some donuts in the kitchen.

Doh-nuts.

[And he runs to the kitchen.]

[–] XxFemboy_Stalin_420_69xX@hexbear.net 18 points 3 hours ago* (last edited 3 hours ago)

mfw the economy is definitely fine for sure don't worry about it bro

[–] Bloobish@hexbear.net 11 points 3 hours ago

Huh, so the economy is really about to shit itself huh?

[–] LangleyDominos@hexbear.net 34 points 5 hours ago

On the one hand, it's just more deregulation and, I suppose, trying to claw back some exclusivity to financial information (stock market for capitalists only). On the other hand, valuations haven't meant shit in so long. P/E means nothing. Book value means nothing. It's probably not going to change much other than let more fraud happen more easily. Elon just bumped the market by buying a shit ton of his own stock with money from his own stock. What the corporate finance even mean anymore? Most of it is just algorithms now anyways. It's not like someone is sitting down, cracking open the 10-Q and doing DCF analysis.

[–] BodyBySisyphus@hexbear.net 57 points 6 hours ago

Hey guys what if you just threw all your retirement savings into this bag that says "trust me bro" on it?

[–] Orcocracy@hexbear.net 67 points 6 hours ago

It “worked” for Covid, right?

[–] Chana@hexbear.net 23 points 5 hours ago

JDPON Don prefers five year plans to the anarchy of production.

[–] Test_Tickles@hexbear.net 15 points 5 hours ago

Trump's most extraordinary talent is brushing things under the rug

[–] D61@hexbear.net 46 points 6 hours ago

If I never turn in my homework i get an "I"ncomplete but not an "F", right?

[–] VeryVito@lemmy.ml 42 points 6 hours ago

Until all the bad news comes in at once after 12 months of unchecked insider trading. This is how fraud happens, and with 34 felony convictions for it, Donnie knows exactly how fraud happens.

[–] FnordPrefect@hexbear.net 26 points 6 hours ago

kelly Schrodinger's Economy

[–] purpleworm@hexbear.net 24 points 6 hours ago

I probably don't understand any of this, but it seems like this is bad even for the finance regulations that exist solely to immediately profit shareholders.

[–] FishLake@lemmygrad.ml 10 points 5 hours ago

Cool, so no quarterly taxes, right? RIGHT?