• barneypiccolo@lemm.ee
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    1 year ago

    I’ve been saying this all along. Not just about this time, but he has pulled off a similar trade scare every month since he took office, with the same result - he announces tariffs, the market tanks, he rattles his sabre a bit, then pauses the tariffs, and the market rises again.

    This has been the third, and biggest one, probably because he needed to make it a big one as he cried wolf for a third time. Which means the next time he does it, it will have to be even bigger.

    Its clearly market manipulation, of a type that only president could do, but only if he were corrupt enough.

    • TheObviousSolution@lemm.ee
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      1 year ago

      Unfortunately, if it were only the president who’s corrupt, he would have already been impeached and removed. Even if there were a question about whether he does or does not want to become an authoritarian dictator, ignoring everything that is hinting at it, he is digging himself in the sort of hole that he can only survive in as long as he retains power and I’m sure he knows it.

            • j_elgato@leminal.space
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              1 year ago

              Boring, slow incremental progress is great. Not ideal, but great.

              However, a two-party system where one party is ALWAYS a single lost election from the advent or fascism is a democracy too brittle to survive.

            • Semjaza@lemmynsfw.com
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              1 year ago

              US gained the rights to legally murder its own citizens without due process under Obama.

              Also loads of giving corporations and capital rights, and rolling back protective anti-investment gambling under Democrat administrations, which ate up the rights of non-capital.

            • TheObviousSolution@lemm.ee
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              1 year ago

              A lot of them are arguing in bad faith or have been brainwashed by the people that do. It is clear people can not only still protest, but protest far better with fewer worries and more effect under the lesser evil. These clowns would be complaining about the US winner-takes-all system of democratic governance if they truly cared, and there was only basically one option where protesting for that didn’t make you a potential deportee to El Salvador prisons.

    • Perhapsjustsniffit@lemmy.cadeleted by creator
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      1 year ago

      They’re pumping and dumping like mad so when the major crash happens they can buy buy buy. You think corporations are consolidated now…just wait. The same that happened 100 years ago is happening now. Just people are too fucking stupid to see it.