Trump doesn’t seem to know why he launched a giant trade war
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Yeah. Dude knows exactly why he's weakening America as much and on every front as possible, it's just he can't exactly say the truth and isn't smart enough to effectively lie about it.
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Market manipulation. If you can tank the stock market at a time YOU know well in advance, then you stand to profit "tremendously".
He or people in his stead might have purchased put options ahead of the anouncement of tariffs. -> profits
When he then says "it was just a prank brooo!" he can make money by buying the now devalued assets and sell them as soon as they recover.
rinse repeat.I smell market manipulation maybe I am mistaken this smell and it is really the smell of mental instability....
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He has to be. I can't think of any other reason why he'd be trying to hard to antagonize and disrespect long-time allies, while praising Russia. He then made that ridiculous statement that Ukraine started the war, when Russia was the one who invaded them, and also said that Zelensky should be 'nicer' to Putin. But Putin, who ordered the attack that caused who knows how many deaths, shouldn't be 'nicer'?
There was also the first term, where Trump fired the FBI director over an investigation into Russia, and then told Russia that he fired 'that nut job'. What kind of message does that send to their own people? Not just that he fired the director, but that he bragged about it to the people he was investigating.
I honestly think most of the GOP knows, but they're too embarrassed to admit it. Or maybe it's just pride, they think it's beneath them to be held accountable to anyone.
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Exactly this, Biden wasn't better health wise but surrounded himself with competent people.
Right now we have a fox news host leading defense, an anti-Vax moron handling a measles outbreak, a wrestling tycoon killing our education system, and more.
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This only works so well. Especially when he's proven that he flip flops as often as he does, no one will reinvest, because who knows when the next time he does something stupid to tank the market again. The smarter ones will actually catch onto the grift, and see it for what it is, and just pull out altogether so when the recession/depression hits full on, they at least have something instead of nothing.
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Of course he knows. The goal is to crash the economy so the people who still have money when everyone lost theirs, i.e. the oligarchs, can buy up all these assets/companies that went bankrupt.
And in the future when the markets recover, they have even more power. Losing a couple billion now is nothing in comparison to the long term gain -
...or they're on the take as well.
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He can't exactly say "destabilization".
Oh wait, he totally would. In this politicsl climate it doesn't matter anyway.
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It was really weird when he was telling Zelensky during that meeting that he and Putin had been through hell with the collusion investigation. Like why would putin care?
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Idk if anyone will still have anything left after there is an all out market crash, who knows really? it could be going global... our world is more interconnected than it seems. especially economically...
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Also, why should Zelensky care.
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Does he know where he is, what time of day, or even which day of the week? ok maybe we should see if he can repeat this: "Person, Woman, Man, Camera, TV" he seemed to pride himself in his ability to allegedly be able to do so..... .....allegedly....
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No no. Different word. Totally different
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These people that are dismantling your country and robbing the coffers, they are waging a class war. They don't care about borders. They're tired that the other classes have any power or wealth at all, they want their last half of a percent
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It is abundantly clear that he is, and that they are. Stop giving credit to people that are in front of you live creating lies on the spot about what they just said, because in their head they have permission to gaslight people into elevating them to godhood? This is a dangerous extreme take, get your glasses on.
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Trump’s plan involves using tariffs to pressure foreign central banks to lower interest rates, thereby depreciating their currencies relative to the dollar. This would offset the price increases caused by tariffs on U.S. consumers.
Nothing about this string of connections makes any sense. Why would they lower interest rates, why would their currency depreciate?
Other countries are just going to form trade partnerships with each other and avoid the US. There will be a new strengthening global economy that skips the US entirely.
It's Brexit all over again, but instead of the UK suffering from leaving the EU, it's the US suffering from leaving the global economy. At some point the US will have to come crawling back just for deals worse than it had in the first place.
Varoufakis' reasoning is fully consistent with the Trump/Musk world of drug-induced delusion.
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Because it's like spending lots of money paying for gas to drive your car, and you don't like that, so you take a steaming hot dump in your gas tank, you know, "as a change in perspective".
Surprise, you won't save anything on gas, and your car runs like shit now too.