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Trump Shares Post About How He's ‘Purposely Crashing the Stock Market’ (www.rollingstone.com)

submitted 2 weeks ago by inclementimmigrant@lemmy.world to c/politics@lemmy.world

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[-] DaddleDew@lemmy.world 208 points 2 weeks ago* (last edited 2 weeks ago)

Fret not, says the president, he is apparently playing chess while the world is playing checkers

He's trying to treat the entire country like one of the casinos he bankrupted to screw over his creditors.

I'm sure he thinks he's playing chess. But what he's really doing is sitting in the corner eating the pieces.

[-] SunshineJogger@feddit.org 81 points 2 weeks ago

A vivid and possibly accurate description.

I still think he is planted there to do as much damage as possible before he expires. Which would mean he is doing it all on purpose.... Which then again would have to make him smarter than I give him credit for

[-] Trihilis@ani.social 26 points 2 weeks ago

Yeah I agree. There has to be a bigger plan than this. In 40 years our children will see documentaties about the republicans pulling the biggest power grab ever and using idiots like Trump to actieve it. It's not Trump playing chess here, he's just a pawn. There are people behind the scènes pulling the strings.

If what currently is happening is really just throwing tantrums without having a plan then I feel sorry for how dumb most of america had become.

[-] Serinus@lemmy.world 13 points 2 weeks ago

The plan comes from Moscow.

[-] cmbabul@lemmy.world 10 points 2 weeks ago

I think this is more from Silicon Valley, destroy the country to make way for the Butterfly Revolution and corporate city states with CEO kings at the top. If we don’t stop it we’ll be in a techno feudalist dystopia

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[-] prole 12 points 2 weeks ago* (last edited 2 weeks ago)

In 40 years our children will see documentaties about the republicans pulling the biggest power grab ever and using idiots like Trump to actieve it.

It's optimistic that they'll even have documentaries to watch (and that they'd be historically accurate and truthful).

[-] ChonkyOwlbear@lemmy.world 16 points 2 weeks ago

Or he's betting that if people get desperate enough they will allow an absolute dictatorship.

[-] Boddhisatva@lemmy.world 32 points 2 weeks ago

Or he’s betting that if people get desperate enough they will allow an absolute dictatorship.

He is setting tariffs on his own, a power designated solely to Congress by the Constitution.
He is having masked police kidnap people off the streets without warrants and shipping them to an overseas gulag without trial or even charges.
He is illegally refusing to distribute money allocated by Congress to certain states in order to punish them for not doing his bidding.
And when the courts have ordered him to stop doing the above, he has willfully ignored those court orders with no repercussions.

Exactly what more needs to happen for this to be a dictatorship?

[-] ChonkyOwlbear@lemmy.world 14 points 2 weeks ago

Firing judges who resist him

Dissolution of Congress

Deployment of military on US soil to control citizens.

Alteration or abandonment of the Constitution.

You're right we are definitely on the spectrum of dictatorship, but it can get much much worse.

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[-] OminousOrange@lemmy.ca 11 points 2 weeks ago

Could be both planted and so inept that he believes he got there on his own accord and is doing a great job.

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[-] 9tr6gyp3@lemmy.world 124 points 2 weeks ago

Then if thats the case, this seems like a national security threat. Destabilizing the country through financial terrorism seems pretty felonious.

[-] Stache_@lemmy.ml 61 points 2 weeks ago

Dude’s already a felon and even got impeached in his first term. I was pretty disappointed when the impeachment lead to literally nothing

[-] Diplomjodler3@lemmy.world 48 points 2 weeks ago

The legal system is only for poor people.

[-] BigBenis@lemmy.world 10 points 2 weeks ago

Convenient that he's immune from the law so long as he's in office (and apparently also when he's not).

[-] KingGordon@lemmy.world 78 points 2 weeks ago

The Narcissist's Prayer

That didn't happen.
And if it did, it wasn't that bad.
And if it was, that's not a big deal.
And if it is, that's not my fault.
And if it was, I didn't mean it.
And if I did, you deserved it.

[-] BearGun@ttrpg.network 58 points 2 weeks ago

“The president isn’t a number-crunching guy, per se, but President Trump strongly demanded big numbers that would make other countries treat us fairly. And I think you can see today that those numbers are huge,”

HAHAHAHA

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[-] buddascrayon@lemmy.world 56 points 2 weeks ago* (last edited 2 weeks ago)

It also forces farmers to sell more of their products here in the U.S., to bring grocery prices way down. We’ve already seen this with eggs.

The absolutely stupid thing about this particular statement is that egg imports had risen to meet demand which was forcing egg prices back down. The tariffs are going to completely reverse that.

[-] UnderpantsWeevil@lemmy.world 35 points 2 weeks ago

Also, plus, too we're doing next to nothing about Bird Flu that's killing the egg laying chickens and causing the shortage.

[-] A_norny_mousse@feddit.org 44 points 2 weeks ago* (last edited 2 weeks ago)

Oh my. Apparently Trump pointed to this TikTok and said: "This. This is exactly What I'm doing."

Is the video a parody or serious? Could go either way. That's the Crux of Poe's Law.

And that's where America stands these days: the ruling party is a parody, the government depends on social media shitposting to justify its own actions.

[-] cyberpunk007@lemmy.ca 34 points 2 weeks ago

what the fuck was this nonsense?

"we've already seen this with egg prices" lolwut?

[-] A_norny_mousse@feddit.org 21 points 2 weeks ago

Just one of many lols in that video

[-] Gammelfisch@lemmy.world 43 points 2 weeks ago

The MAGA fucks will drink this new batch of Orange Kool-Aid, mixed with Russian vodka.

[-] Formfiller@lemmy.world 22 points 2 weeks ago

I wish they would all drink the Jonestown kool aid

[-] ZC3rr0r@lemmy.ca 10 points 2 weeks ago

Flavor-aid actually, but in this case who cares so long as the solution is the same.

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[-] Letme@lemmy.world 39 points 2 weeks ago

GOP presidents do this every time. Crash the market and the oligarchs buy it up for pennis on the dollar.

[-] PumpkinSkink@lemmy.world 22 points 2 weeks ago

Yeah those bastards should let all of us buy stock with penis.

[-] ProfHillbilly@lemmy.world 18 points 2 weeks ago

If that is the case I guess I am getting shorted.

[-] Letme@lemmy.world 12 points 2 weeks ago

😂 I'm leaving it as it is, somehow still correct

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[-] ugtug@lemmy.world 35 points 2 weeks ago

Republicans are such idiots that they would mistake huffing paint as a sign of genius.

[-] AA5B@lemmy.world 34 points 2 weeks ago

The KISS principle applies here, keep it simple. There is no plan, there is only Trump saying “I win”. He’s just declaring victory in the face of disaster as usual

[-] null_dot@lemmy.dbzer0.com 9 points 2 weeks ago

It's this.

There is no plan.

Whats the point of being the most powerful man in the world if you can't make everyone in the world know it.

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[-] Freshparsnip@lemm.ee 31 points 2 weeks ago

Millions of Americans voted with the delusion "Trump really cares about me"

[-] Semi_Hemi_Demigod@lemmy.world 17 points 2 weeks ago

The wealthiest 10% of Americans own 93% of the stocks. I'm glad to hear they're hurting and not anyone else.

Trump is doing by accident things I'd never hoped to see in my life: The end of American hegemony, unification of Europe, the fall of the petrodollar, the elimination of the fake wealth on Wall Street.

But I can't stand the motherfucker.

[-] UnderpantsWeevil@lemmy.world 12 points 2 weeks ago* (last edited 2 weeks ago)

I’m glad to hear they’re hurting and not anyone else

Except when equities plunge it drives up borrowing costs. That impedes how businesses maintain and expand their enterprises, which puts downward pressure on employment and wages.

We're also seeing a crash in commodities prices - particularly US exports - and energy demand, which is gearing up to wreck the O&G, automotive, and agricultural sectors.

It's bad bad bad for everyone. A totally unforced error by Trump that will have huge negative downstream reprecussions for us all.

Trump is doing by accident things I’d never hoped to see in my life: The end of American hegemony, unification of Europe, the fall of the petrodollar, the elimination of the fake wealth on Wall Street.

Maybe. The US has been written off a few times before this and rebounded. And there's no real reason to believe the current EU will be any less xenophobic, imperialist, or wreckless and wasteful as their American peers, given that they've been drinking as hard from the fascist well as the rest of us.

We'll see what comes of it all. Maybe America will go quietly off into the graveyard of empires and swallow a bullet. Or maybe we're come roaring back for one last nightmarish global thermonuclear Holocaust because we just can't stand not being the center of attention.

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[-] null_dot@lemmy.dbzer0.com 9 points 2 weeks ago

I'm glad to hear they're hurting and not anyone else.

That's not the way things roll though.

When wealthy people lose 10% of their wealth it's annoying but ultimately doesn't impact their quality of life.

I have a feeling things are going to get pretty bleak for the rest of us at the supermarket real quick.

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[-] pleasegoaway@lemm.ee 27 points 2 weeks ago

The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.

All is going according to plan.

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[-] Ilixtze@lemm.ee 26 points 2 weeks ago

Joke's on you I was only pretending to be an imbecile!

[-] Remember_the_tooth@lemmy.world 21 points 2 weeks ago

Who's gonna tell him he can't just burn it down for the insurance money?

[-] some_guy@lemmy.sdf.org 16 points 2 weeks ago

Oh, cool! If he meant to do it then nothing is wrong.

[-] Shardikprime@lemmy.world 15 points 2 weeks ago

[-] laranis@lemmy.zip 12 points 2 weeks ago

I had this thought the other day and this seems as good a place to leave it as any. Trump seems to be running the economy like it is a simplified version of the 1980s. Like the macho, bold, no compromise leadership style we would have expected from a white collar "hero" of that time period. As if that's when he learned what a leader looks and acts like and never changed his mind. Absolutely no consideration for evolving culture or the infinitely more complex, interconnected world we live in. Let alone the complexity of the stock market, global trade, and US consumer economy.

Just oversimplified notions like, "We have to tear it down to rebuild it! You don't have the balls to do something like that! I'm leader!"

Though, more likely he's just dementia riddled and controlled by a foreign government and too dumb to realize any of it.

[-] SwingingTheLamp@midwest.social 11 points 2 weeks ago

"Don't worry about blank. Let me worry about blank!"

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[-] Freshparsnip@lemm.ee 11 points 2 weeks ago

That should be illegal

[-] psx_crab@lemmy.zip 9 points 2 weeks ago

"nufufu, all according to keikaku!" - Doald Tump

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this post was submitted on 05 Apr 2025

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