91–100 of 287 posts
The standard move is to hunker down for the next 4 years, keep buying low, and wait for Democrats to come back and fix things in their next term. The same cycle has repeated what, 5 times in the last 30 years?
I'm not sure i want to stick money in a country that could implode every four years.
Earlier quoted context omitted.
If the economy crashes I hope we can put a stake through the heart of the obsession with founders.
The American economy is a giant magnet right now -- after the inevitable crash I think that innovation would be a lot more distributed and that'll be a good thing.
Tesla stock has been particularly hammered. Ontario apparently cancelled a Starlink contract and Italy is considering to do so as well. Musk’s political antics are affecting his businesses.
The scary part is that he doesn't care. Money is no longer his motive.
This administration is either intentionally performing market manipulation or is simply incompetent. Either way, we all lose. Hope the general populous is happy with their choice, lol.
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It'll be wild to see how Congress responds.
It's commonly said Presidents get 100 days in office to enact the bulk of their platform. It's an approximation, of course, but it's about then that the new-to-office approval rating bump starts to wane and Congress starts gearing up for midterms. We're about half way there. If the economy is in bad shape in May, I would not be surprised if Congress intervenes on tariffs. The fear of being primaried by MAGA loyalists…
Would note that we’re still only seeing leading indicators and forecasts crash. Even real GDP can be dismissed as a calculation. Job losses, on the other hand, will be obvious corpses. Unfortunately, those might take until the fall to pile up.
Tesla stock has been particularly hammered. Ontario apparently cancelled a Starlink contract and Italy is considering to do so as well. Musk’s political antics are affecting his businesses.
But he continues doing what he started. Considering the fact that he is very smart and definitely hungry for absolute power, you can think about his true goal. If he is ready to risk that much of his worth, it means that the potential win for him will bring so much more.
It’s the whole game plan, after all. Land, especially: generally speaking no-one is really making any more land all that fast, and when it comes down to your family starving or selling off your land for food, the land goes pretty f**king cheap and pretty damn fast.
By this method, the Parasite Class will end up owning all the land and everything in it, and the entire Working Class will become the modern version of tenement farmers or those living in company towns - slaves, essentially.