We are just the next casino.
I mean, no. There's a possibility of winning at a casino no matter how small. You can't win in USA because even if you bet on a factory, ICE is gonna come and rape your employees. So, no. Your odds are much much better in a casino. Hell, with what Trump is doing I'd say he makes a casino look like investing.
They meant that this endeavour is Trump's next "I declare bankruptcy". He did it with multiple casinos.
I do not want to give the impression that I support this guy, but is there any evidence at all of some gains?
Maybe I'm dumb, but I don't why they would willingly bankrupt this country unless theyre just betting against us and look to take full control. I'm not sure what the value of controlling a derelict former superpower country would be.
It's like vandalizing a fantastic house to drive the value down and then moving in. Great, you own a piece of shit that was once special but is no more.
There are three primary factors at play here.
-
Trump’s greed and need to line his own pockets. He will wreck entire economic sectors to add another billion (in bribe money) to his accounts.
-
Rich benefactors wanting more. They stay rich regardless of what the economy does, and have a ton of liquid. If it crashes, they can buy so much more of it up for themselves.
-
Foreign actors looking to upset US hegemony. They don’t have to go to war, they don’t have to fight economic battles…just incentivize the right people to do the wrong things at home in the US, and we destroy ourselves. It’s cheap and easy for them.
It's #2, first and foremost.
Tank everything so the rich can consolidate their power.
We know billionaires, they'll bitch and moan when their profits haven't increased as much as they increased last year. They wouldn't support Trump for his own gains or to appease a foreign agency for any amount of downturn. But to spend money on changing the rules and consolidating power, well, they haven't spent billions lobbying the government for fun.
This was my take, at least with the soybean thing. Family farms go belly up. Big AG is there to buy up the land for pennies.
Foreign actors looking to upset US hegemony.
Before putting Trump into the Oval Office, Brexit was hailed as Putins biggest victory over the west. We are losing left and right to his manipulations and all our governments stick their fingers into their ears.
- Foreign powers are manipulating trump to weaken US for their own agendas
- its only about Trump being avaricious and gaining more power. Like going into nice neighbors house and stealing all the gold fixtures and copper wiring. Plus pilfering any funds connected to the house. There isnt any long term planning here. He still has his own place an can bail to anywhere in the world
- Using said power to manipulate/bully others into paying trump for favors engorging himself more
Take your pick
The rich can afford to take an economic hit and are willing to do so for more power and control.
No, and the effects have not been as noticeable as they should be because too many cowardly CEOs are too afraid of being the first to enrage the Orange Turd by passing on costs to the consumer... but that won't last too long either
I can vouch for this. The company I work for uses a ton of steel and instead of raising prices our conservative CEO has just taken the monthly bonus that each employee used to get. So while our customers are thinking " this isn't so bad" we are footing the bill by being paid less.
Only thing I can think of is if you liquidate funds or suppress them being impacted while taking bribes like that alleged $2 billion in crypto they got, they ride out everything dropping in price living the high life still, then buy up as much as they can on their way out so they own large portions of companies as they get built back up by the next generation. The laborers and will still exists, and they can build it back with these people owning more and having more say in what happens.
Otherwise... Just power. If no one can say shit about you doing anything you want whenever you want and you can treat everyone else like shit... Some people enjoy it greatly I guess.
You already have a lot of responses, but so far none have included: Trump and some of his top staff are just not that smart. He destroys soft power projection not because he has some thought-out theory about its value, but because he can't follow the effect chain through far enough to understand the benefits. He really believed Ukraine and Russia were continuing to fight because they hadn't talked to a skilled negotiator like him: the underlying geopolitics is completely beyond his grasp. He seems to genuinely believe that the spending cuts to Medicaid in his Big Bill will not make millions lose their health insurance.
There are grifters all through the administration and its outside support with the corrupt motives described by other commenters, and Trump himself is greedy and selfish, but I believe he genuinely lacks the intelligence to understand what he is destroying along the way.
is there any evidence at all of some gains?
Wall street seems to be doing okay. Slower growth, but line keeps going up
The stock market is a terrible measure of economic health.
I work in construction, and we've had no new bids come through in the past 2 weeks. That's never happened before, even during covid. I've noticed a lot less positive talk about Trump when I go into the office, though I doubt even this would be enough to make any of my coworkers reconsider their political views.
It's just teams at this point. Trump is just the quarterback that they're bitching about this season, they're not switching teams over it.
We have clients all over, and the tariffs have been a point of concern for many of them. It's gonna hit businesses hard, especially for shit that is only manufactured overseas.
I realize it isn't technically foreign "investment", but international tourism to the USA is way down, which is having a huge impact on all the areas that rely on tourists.
https://www.cnn.com/2025/08/31/travel/international-tourist-decline-united-states
That article is sobering. Bolding is mine.
...analytics company Tourism Economics... updated outlook now estimates an 8.2% decline, led by about one quarter fewer Canadians visiting the US from January to July, compared to the same period in 2024.
The World Travel and Tourism Council, a global tourism advocacy organization, projected in May that the United States will lose $12.5 billion in international visitor spending in 2025, the only country out of 184 economies the council analyzed that will see a decline this year.
as a european i can confirm almost everyone from all political spectrums says itms stupid to travel to the us atm
And yet with nearly every story of someone's loved ones being deported, their business going bankrupt or their entire means of affording necessities being on credit,
if they supported this orange bastard before, they still do.
Seems like every story of a working class Republican voter getting fucked by Trump ends with them saying "but I still support Trump and trust things will turn around"
Hyundai capitulated.
https://www.cbsnews.com/news/georgia-plant-hyundai-ev-expansion-ice-raid/
Everything just keeps getting more expensive.
hes doing what is told by PUTIN to him. make USA too weak, to help ukraine.
Don't blame American losers on Russians. Russians didn't vote for Trump, Americans did.
I'm pretty certain that Russia, China and probably some others too had a huge influence on forming public opinions.
It's weird that everyone talks about foreign nations dabbling in influence when Musk openly paid more than a quarter of a billion dollars and literally bought Twitter to elect Trump. One billionaire is buying up all the local TV stations. Another owns the Washington Post. Another is buying TikTok. Another controls FB and Instagram. 90% of media is controlled by 5 companies.
The fascism is coming from inside the house.
I love to see this shit. I have longed for the downfall of this shithole after I saw how people acted after 9/11. The racism, the jingoism, all of it. Then the Iraq War, Patriot Act, Drone Strikes, NSA spying, Afghanistan, Libya, etc.
I truly madly deeply hate this country. And the further it falls into collapse and obscurity the better. We are the ones with 800 bases around the world. We are the ones invading sovereign nations on a whim. We wielded economic sanctions with such abandon that we necessitated the creation of a parallel international economic structure in BRICS. We're directly responsible for that. We are the ones who have been blowing up schools and hospitals not for just the last 2 years but for more than 20. We are currently and have been the bad guys for at least since the Korean War.
We should be a pariah state. We should have no financial or international relevance. Treat us the way you treat North Korea. This country deserves that and then some.
Shun and exclude us. Make deals amongst yourselves. Take care of your own house and enjoy the schadenfreude of watching ours collapse. I'm gonna enjoy it and I'm stuck having to live through it. I can't afford to leave.
Trump is why America can't have nice things
Americans are why America can’t have nice things.
It’s not like he stole the presidency. He got elected.
Not convinced that they didn’t cheat.
Even if he did cheat, it was a plausible result. Roughly 50% of Americans either support him or at least are less opposed to him than they are to Kamala Harris and the democrats.
A big reason why so many other countries are pulling away from the US isn't just because Trump is the president and is tearing up treaties, etc. It's because this is the 2nd time he's been elected, and this is proof that the US can no longer be trusted. Even if say AOC wins the next election and it's 8 years of progressivism, environmentalism, monopoly busting, the rebuilding of a social safety net, great relationships with allies, etc, that doesn't mean anything. The election after that could be Eric Trump, and everything could go to shit again.
In the past elections meant a shifting of US priorities, but it still meant that the US would follow through on commitments. Now it's clear that that's no longer true, and that kind of rule-breaking is fully supported by approximately half the US.
Gestures at 50+ years of imperialist, racist and anti-worker politics.
They stopped caring about a strong economy and low prices. Now it is about America First, and has Always been about America First.
And by America first. They want to fall first and fastest.
Fucking wish Australia had just said to the yes to the French submarine deal we already signed instead of buying a bunch of virgin boomers.
Barely anyone cares. Retarded conservatives don't care when you point out their hypocrisy or dedication to a incompetent leader.
Democratic Establishment doesn't care they just want you to donate and vote to their campaign.
Campist Leftists don't care about the well being of the US economy.
Most normies probably don't even know about half of this.
Maybe 10% of the US population cares, and they're the ones posting stuff like this on social media to each other.
"tRuMp iS bEtTeR fOr ThE eCoNoMy!"
The dude is man that his best buddy Epstein got nabbed by America and set out to destroy it, since he can no longer be happy by fucking children and he wants the country that took away his favorite pedo time to suffer and die for it
“Look what you made me do” - Donald Trump in his mind probably
AntiTrumpAlliance
About
An alliance among all who oppose Donald Trump's actions, positions, cabinet, supporters, policies, or motives. This alliance includes anyone from the left or the right; anyone from any religion or lack thereof; anyone from any country or state; any man, woman or child.
Rules
-No pro-Trump posts or comments
-No off topic posts
-Be civil
-No trolling
-Follow Lemmy terms of service
Social Media
Other Communities
!desantisthreatensusa@lemmy.world