Reminder. Whatever happens today is the consequence of a deliberate choice being made by one man who doesn't understand economics and is basing policy on crackpot theories dreamt up by an economist who doesn't exist. Crazy Town doesn't even start to cover it. - ThreadSky

emmakennedy.bsky.social • 17 days ago

Reminder. Whatever happens today is the consequence of a deliberate choice being made by one man who doesn't understand economics and is basing policy on crackpot theories dreamt up by an economist who doesn't exist. Crazy Town doesn't even start to cover it.

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winstonias.bsky.social•17 days ago

A publishing company plans to add an advisory note to future copies of a book written by White House adviser Peter Navarro, after it was revealed that Navarro fabricated one of the people he quoted.

https://www.npr.org/2019/10/18/771396016/white-house-adviser-peter-navarro-calls-fictional-alter-ego-an-inside-joke

thequietman1888.bsky.social•17 days ago

Emma he does understand economics. This is a delibrate act. The trumpet is crashing the markets so as him and his billionaire buddies can buy the stocks and currencies at there lowest. Stock markets recover and they sell them at a higher price. It's about Trumpy Musky and the rest making more cash!

momderit70.bsky.social•17 days ago

I’ve considered this ploy but what I can’t reason out is how he could recover the market when he has created so much GLOBAL instability. I don’t see how can stabilize an economy when the world sees him as a maniacal madman, no matter how we may want the stability. I don’t see him stepping down.

ny2va.bsky.social•17 days ago

Also the consequence of a deliberate choice being made by the GOP in Congress. They could stop this but they’re choosing not to.

patrick.seurre.com•17 days ago

Not quite. It's also the choice of all those spineless politicians that allow him to do this without any meaningful challenge that also bear some responsibility for the chaos to come.

They ought to be ashamed of themselves.

abarelightbulb.bsky.social•17 days ago

not one person

mgharris.bsky.social•17 days ago

Maybe not such a misunderstanding as a goal wholly focused on power and money for a small group of people rather than the USA.
Very interesting FT podcast discussion on the subject by @alanbeattie.bsky.social

ginamyhill-jones.bsky.social•17 days ago

It’s not “ one man”
It’s a fascist regime bent on owning the world economically or militarily.
It’s the USA now.

docdave.bsky.social•17 days ago

The President of the most powerful country in the world is insane. Not sure how this is sustainable.

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