can't believe how absolutely pointless the tariff thing is. deliberately causing a recession just to prove you can. why even bother, what does the owning class even gain?
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I think they see some marginal benefits but that a large part of it is to show the power they can exercise and to make people suffer kind of regardless of the cost
buying the economic dip. Crypto bros are in charge of our entire economy, so if you crash the stock market by introducing tariffs, let your friends buy the dip, then ATTEMPT to right it by pausing the tariffs again, you can gamble at making billions in profit.
plus economic crashes are really really good if you want to destroy any resistance to a monopolized market. not that small businesses are good by any means, but they just have less money to buy the economy with.
If the working class suffers enough, we may be willing to become indentured servants and just work for a roof over our heads and food. They can reinstate the company store and child labor. It reminds me of the disastrous endstage capitalism catastrophe in Parable of the Sower & Sorry to Bother you.
They want to create an isolationist U.S. and to do that you need the manufacturing base they got rid of in the 70s and 80s back. As to why they want to create an isolationist U.S., like most countries, they see climate change created chaos and wars on the horizon.
Class war is a more profound ideological project than any mere bottom line. They have plenty, they'll be fine, it's a small price to pay for breaking the backs of labor
this seems right, I just think it's opening pandora's box. obviously the Thiel / Musk segment of the bourgeoisie is more or less already on board w/ that.
IMO this is class war of a different kind. The middle/lower classes are just casualties as the super wealthy wage war on the wealthy. They want to crash the economy because guys like Musk know they’ll survive it well enough to buy everyone who couldn’t. Thus consolidating even more power.
Wipe out any wealth gained by “the poors” and get government bailouts to wipe out their debt that they won’t have to pay back, all while wiping out unions in the guise of lay offs.
i've been convinced for a while that wealth backs republicans despite their record of tanking the economy (and stock market) every time they've had control in my life because stocks on fire sale is short term financial gain for them and they cannot think past 5 years.
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I'm really sorry for bothering you
Please can you repost my pinned post to save my sick child and my family 🙏🥺
Then you can “buy the dip” knowing it’ll go back up when it’s engineered to do so.
It’s disgusting.
our current crop of wealthy people is incredibly low-value compared to, say, 40-100 years ago.