sure the “I never thought he’d do the things he said he would” is very dumb BUT I’m quite taken aback by the stated reason being “I believed Donald Trump to be familiar with the intricacies of US economic history”
All of Trump 1, he said crazy shit and ended up delaying it or watering it down whenever he faced pushback. Traders who overreacted didn’t just lose money, they faced social criticism from their conservative friends/colleagues/clients.
The thing people like that ignored this time was the whole apparatus set up to find lickspittles and fellow travelers to staff the 2nd administration. It was adults who slow walked, ignored and diverted from the worst stuff last time. That’s all gone now and it was quite predictable.
Something else these geniuses ignored: he promised that there would not be any "adults", just yes men. And that he would get rid of the deep state that slowed him down in his rush to burn everything
Yep, still a huge fog of war. No idea how it all ends up, but I can tell you I’ve spent the last two days meeting with CEOs at a conference and the level of exasperation at this asshole is off the charts
I would also add the general public doesn't understand just how ignorant most traders/money managers are w respect to almost all of the social sciences. Not all but most are totally clueless and it's a real blind spot in politically charged markets. They default to leaning into their political bias
“I never thought he would be so foolish”?!? The guy thinks that “asylum” has something to do with mental institutions. The guy gives anyone who disagrees with him a nickname that is childish for even a child. The guy promoted injecting bleach. Need I go on?
It does until I consider that if they weren’t voting for the biz/economy actions he said he’d take (“I didn’t think he’d come after my job”) you gotta ask what it was they liked.
The white supremacy. That’s what they liked.
Welp, they’re getting what they voted for, and good and hard.
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This is what happens when you convince yourself that a moron is a genius and the stupid things they say and do are just them 'trolling the libs'.
The white supremacy. That’s what they liked.
Welp, they’re getting what they voted for, and good and hard.