Republican administrations tank the economy when it's business as usual.
This is the dissolution and piecemeal sale of the US Government.
Of course there is going to be a fucking recession!
this post was submitted on 10 Mar 2025
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What could possibly go wrong when you give the most important job in the world to the most unqualified person ever?
We need to dispense with this notion that Trump is "unqualified." He is very qualified for the job that he actually set out to do, and has been accomplishing it expertly.
It's just a different job than the one you think it's supposed to be.
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I bet we could find someone less qualified.
It just would be difficult to find one outside of a hospital or care home.
You joke, but Texas last year had a representative missing for months. Come to find out that she was checked into a care home, still drawing paycheck.
One Source on the matter.
I mean.. we can’t blame her for forgetting that she had one job after all now, can we?
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This isn’t a trade war, it’s a Stupid Economic Operation.
Trump is just tracing from Pitin’s playbook.
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I didn't think it was humanly possible to see such a concerted effort to destroy an economy in my life. Even Hitler didn't try to do this with Germany.
Once upon a time I couldn't get myself to watch old 80s and 90s cartoons anymore because I felt too old and cynical for them... but now I realize that the villains on those shows have nothing on Trump and his dipshit cronies. Only they are somehow more fleshed out despite being literal cartoon villains.
Even Hitler didn’t try to do this with Germany.
Hitler "fixed" Germany's economy by basically borrowing a bunch of money and then attempting to destroy the people who had loaned it to him (Jewish financiers were a large source of the borrowed money, as was the Soviet Union - a little-known but majorly important part of the Ribbentrop Pact and related German-Soviet agreements).
It might actually go the Hitler route. He's already made concentration camps for "illegal" human beings. It's only a matter of time until they figure out that they are deporting a practically free workforce with no rights.
Trump is peak Dunning Kruger.
He is willfully and proudly ignorant. Did you see the video of him introducing Barron Trump to the world when he was a baby? He said that Barron is vicious, ruthless, violent, and maybe (hopefully) also smart. He considered the first traits to be essential to an entrepreneur but Did not consider being smart to be a positive trait.
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I feel that it's looking fairly likely to be more of a Trumpression.
Make Depression Great Again
I love it!
Obamacare vs Trumpcession
Yet the Republicans will vote Trump next time around.
vote Trump next time
The implication here is quite scary.
They meant Don Jr.
Donald will be in the hyperbaric chamber attaining immortality, returning in 2032 as the Undertrump.
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Well . . yeah. He’s a demented rapist.
Who the fuck is just figuring this out?
A whole lot of people apparently.
The markets haven't historically had a problem with demented rapists in charge unless it effects shareholder value.
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Risk? Its his goal. Crash the market for his ultra wealthy amigos to buy up everything
We call that a Fire Sale for the Oligarchs.
And...
Destroy USD.
Remove USD as global reserve currency.
Bitcoin.
Sell off land to billionaire buds.
(Allow) Nuke a few cities?. Big midterm surprise?. /q's Great solar flash of 2025 - this is the only one I'm not certain of what/how/when.
Voilà.
Lol. You downvote. Everything he does is a known. You just have to listen. Here's my comment from almost 4 months ago about tarrifs https://lemmy.ca/post/33768636/13042232
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Hey Wharton School: This is why you shouldn't sell degrees to rich parents for their spoiled children.
The upcoming Trumpageddon will make the Trumpcession look like Trumplemania.
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Looks like Sleepy Don has done it again. What happened to better economy on Day 1? Is he going to say the days so far don't count? Let's hear some more excuses about how Biden made the job so hard you can't improve things by 1%. You only need to make excuses for a little less than 4 years now.
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Imagine speedrunning your way into the great depression.
For billionaires it's a "buying opportunity" though.
Gotta take advantage of rock bottom prices!
Please put his fucking name all over this shit.
Never let people forget who is the cause of all of this.
If you are overall green now... sell.
He is going to make it worse.
Only if you need the funds short term, if you are a ways off from needing the funds then hold what you've got and start building a cash reserve to buy more shares when it's low.
Time in market beats timing the market. You're never going to now when stocks are "low". You're just as likely to wait JUST a little too long and then end up buying when it's higher than it is now.
If you have AVAILABLE cash now, that isn't needed for an emergency fund, put it in the market now.
If you want to hedge your bets a bit, then just invest a smaller amount every week to distribute the buying power in case the market keeps dropping.
Trump could just announce that tariffs are dumb and he's never doing another one tonight, and the market jumps in off hours trading. Or the market could bounce up for a couple days then crash. Or the market could stay down for the next 4 years.
It's impossible to predict when the "buy back in" period should start, so just don't even try.
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isnt he excited that a economic event named after him?
Every day I wake up and I wonder if he’s a complete moron who’s in capable of doing his job… or is he making people worried about the recession and using these tariffs to manipulate the markets for his own benefit?
The other possibility people have told me about is that he’s doing it to distract us from the real activity behind the scenes, which is to make the rich much richer in the poor, more desperate… 
No distractions, the second answer is not correct, he wants another glided age. The glided age is another term for the second industrial revolution that turned america into the superpower we know today, but It also was an awful era for your average american.They would work 12 hours or more for a whole week, some may have sunday off due to church but a lot did work that day with all your family working. The standard of living was so crap, many would become alcoholics due to the awful conditions, which would lead to prohibition movement. Your average american did not live long, many people would die due to work place accidents but due to no worker protection, nothing would change.
The era was also known for the monopolies, starting with rockfeller standard oil, carnegie steel company and morgans banking with many others. All the major monopolies worked together to prevent competition by buying out, they would ask nicely to sell your company to them, if not they would play the waiting game by lowering the product your selling to be unprofitable and then buy you out. Regulations did not exist yet so, this was all legal and if it wasn't, no one gave a shit as they were that powerful. The government was no help to them either, as most of them were bathing in the money of the 1%. The 1% lived in amazing conditions, and hoarded a ton of money, with some becoming important philanthropist.
Here is an article of proof of what trump wants, https://apnews.com/article/trump-tariffs-gilded-age-mckinley-grover-cleveland-1592dab80ad7159266db51b5baa774b6.
I prefer the term ‘Trump Slump’ but as long as his name is attached, I’m good.
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