Yup. The real question is it incompetence, a deliberate trashing of everything to pick it up for cents on the dollar or both. - ThreadSky

manmademoon.bsky.social • 104 days ago

Yup. The real question is it incompetence, a deliberate trashing of everything to pick it up for cents on the dollar or both.

Reposted from Paul Ross

Looks like it’s not just Elmo that needs to worry

US stocks plunge as fears grow over economic slowdown www.bbc.com/news/article...

Comments

tuffcub.bsky.social•104 days ago

"Tesla shares fell about 15.4%" - oh dear. What a shame.

rocknrollghost.bsky.social•104 days ago

I don't necessarily hate stocks tanking, especially for certain companies, but this is insane and every major ceo needs to get this administration in a room and tell them to cut the shit.

manmademoon.bsky.social•104 days ago

My thinking is that the people who are making money here are not the people you want making money, and the people hurting are not the ones you’d hope should be hurting.

rocknrollghost.bsky.social•104 days ago

No, you're probably right. But there are plenty of people on the outside of his bubble who surely do not know the score.

manmademoon.bsky.social•104 days ago

Agreed. The rubes were never given the inside scoop.

paulross.bsky.social•104 days ago

People have been predicting the collapse of capitalism for some time.
Maybe this is it?

karlbode.com•104 days ago

a little from column A

a little from column B

rowlandjobson.bsky.social•104 days ago

💯% deliberate ….

ismisealexjames.bsky.social•104 days ago

Is it also possible the Reps are destroying the system so completely that no term by a Dem Pres. will EVER be able to repair it again? Salting the earth like a berserker army. Therein, forever failing and leaving the way clear for the Reps to play the saviour card.
#thebigshort

sueafc.bsky.social•104 days ago

Same as Brexit, vulture capitalists, short the dollar and make out like bandits.

bluepnw.bsky.social•104 days ago

It's deliberate. Create economic chaos, then declare martial law. Check out 1930s Germany

ericafails.bsky.social•104 days ago

I'm gonna go with yes

dcminx.bsky.social•103 days ago

Deliberate. Brexit was used in the same way.

'Behind the scenes, a small group of people had a secret & billions of dollars were at stake. Hedge funds aiming to win big from trades that day had hired YouGov & 5+ other polling cos, inc Farage's favorite pollster'
https://www.bloomberg.com/news/features/2018-06-25/brexit-big-short-how-pollsters-helped-hedge-funds-beat-the-crash

ohiodrk.bsky.social•103 days ago

Follow the money

gled5.bsky.social•103 days ago

The sooner the US realises that ALL of Trump's money was built on disaster capitalism, the better. He's now, very deliberately, turning America into the disaster.

wayneepoo.bsky.social•102 days ago

Shorting Stocks.
Said this week's ago.

dcminx.bsky.social•102 days ago

So obvious imo.

drewkeychange.bsky.social•102 days ago

Is it time for a whole new system?

chris-mcgarry.bsky.social•103 days ago

Oh it’s always incompetence or more like expected levels of competence.

carpe-snarkum.bsky.social•104 days ago

I would add in help from Vlad & the Evils with the intention to weaken the USA & Europe.

daveking.bsky.social•104 days ago

Donnie, today:

ldldn.bsky.social•104 days ago

Disaster capitalism

uuuvvv.bsky.social•103 days ago

The first, but when he becomes narcissistically hurt beyond repair, he'll move to the second.

ksmithsf.bsky.social•104 days ago

Both. Mostly the former—pros would hide it better. But, both.

nearside.bsky.social•103 days ago

Someone has -got- to be telling him this is his fault, right? Someone on his team?

neilfromneath.bsky.social•104 days ago

Another global crash is their plan! Previously, quantitative easing ended up in the hands of banks and bankers via bonuses, allowed businesses to buyback shares, and helped increase the worth of assets. Trump wants more of this to happen; ordinary people never benefit from QE.

amyfromiacon.bsky.social•103 days ago

Definitely both.

slamcampbell.bsky.social•104 days ago

Throw some "Several Secret Third Things" in there and you could be close.

bwthemoose56.bsky.social•104 days ago

I confess I don’t know.
The former gets the gobstopping stupidity, but downplays the malice and greed, while the latter sees the evil, but doesn’t account for their apparent blockheaded inability to count to three.

clynnn.bsky.social•103 days ago

I totally think it’s planned & stocks will be grabbed up by the wealthy. Just like foreclosures .the old ‘lying in wait’

kevdog.bsky.social•104 days ago

Both, though I think a large chunk of both indifference and an unfounded belief the stock market would welcome this is driving it as well.

jackiesuede.bsky.social•104 days ago

Spouse’s 401k is all stock market based. He doesn’t have a choice. It took 3 years to build it back up after the orange turd’s last term. I can only imagine what has happened to it. People seem to think it’s only “elites” who invest…nope. Have you read Timothy Snyder’s “On Tyranny?” It’s deliberate

manmademoon.bsky.social•104 days ago

Three years is a painful wait, but on the plus side, this too should pass…