Musk and (I think) Trump both want there to be a moderate to severe recession in order to crush the US labor market. Their dedication to achieving this end is a major part of why the capitalist class that controls the media preferred Trump to Biden/Harris so strongly https://bsky.app/profile/thestinkfoot.bsky.social/post/3lj6nxvu4fk2u
It's hard to tell if this is malice or incompetence, but 25% tariffs on the majority of imports + hundreds of thousands of sudden federal lay offs can't really NOT result in a recession.
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Once that AI bubble pops it's gonna take the whole market with it.
1) ZIRP is what allows crypto and other speculative assets to go 🚀 🚀 🚀
2) they want to capture 100% or the productivity gains that ultimately comes from AI, which they know will be massive, while getting 0% of the pain. The govt is just their test run
They don't understand the government they run is the only source of US dollars. They are the currency issuer.
Every other entity, like commercial enterprises, are currency users
grant that this be yolo: it's still a feature not a bug from their perspective
2. so employees stop complaining about X issue in the workplace