“Everyone should have seen this coming,” writes our economics correspondent @vtg2.bsky.social. “... And yet, investors — like everyone else — weren’t sure how seriously to take those warnings until this week.” https://politi.co/41EDNh3
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He and his backers, probably Russia, have created an environment where what is true doesn’t matter, it’s what you feel. Journalism could combat it but our media conglomerates are going to profit, so there’s no motivation to be correct. Only motivation to get clicks and $$$
Befriending our largest geopolitical foe, betraying our closest allies, blatant pump n dumps, stealing Congress’ purse, dismantling orgs created by Congress, and telling the judiciary that they are irrelevant and only the executive can interpret laws are not the pitches Hakeem wants to swing at lol
Started moving into cash about a month before last election. Expected a t win but thought that it'd be closer, and that it might entail some 'blood-in-the-streets'. Didn't happen. But we knew that it was only a matter of time before the 'brain trust' thus elected and appointed would really screw up.
Besties can y’all please use alt text for images that aren’t imbedded in a link preview? It helps those who rely on screen readers understand the content and context of the image being shared. Thanks!
Gianni Infantino (FIFA) and Trump in 2018 when the US was chosen as the 2026 World Cup host. The games are to take place in 16 cities in the US, Canada, and Mexico summer of 2026. What will be the impact of the tariff war on this enormous economic event?
His words are as reliable as Putin’s. Not sure why any country would ‘work’ with him as he freely breaks agreements (and laws). Who’s the aggressor now?
Every "economist" that didn't see this coming needs to trade in their degree for a MacD uniform. Then, maybe, just maybe, minimum wage will teach them how the economy works.
One person is hiking electricity prices in Canada/US border states, one person is screwing farmers who grow gains for alcohol that will NO LONGER be sold in Canada, one person is tanking the economy, markets first...that one person is, of course, trump...
Limited here. Trump‘s been on vacation as long as I can remember, if he’s not on a reality show, pretending to be a billionaire. He owns these motels, golf courses, and we pay for everybody in our government that goes to the races, game,laps, even the Super Bowl and those TRUMP stamp burgers. OMG.
Sure any “normal“ person golf, the beach etc. Nonstop Mar-a-Lago to DC, golf courses he owns different thing IMO 😀 I don’t remember ever seeing any/all politicians attend court trials,get memberships Mar-a-Lago & golf courses,biz 4 him. He’s selling us every.& anything. We $$ their travel expenses
While Trump’s trade war may be successful in reducing imports of goods from other countries, it fails to take into account the fact that virtually all other countries are furious and will now boycott US products. So the net result is that your trade deficit will get even worse than what it is now 🤣
Wtaf. You’re kidding right? The handwriting was on the Project 2025. I adjusted appropriately. He inherited the strongest economy in the world coming out of the Pandemic. Who knew this would happen? Anyone who paid attention
Donny told them the moment he took office and started implementing project 2025. He should have been impeached by now but the congress is a bunch of MAGAt weaklings
Trump badly lost the trade war he started in 2017: when he took office, the US trade deficit was $500B; 3 yrs later--pre-pandemic--it had skyrocketed to $610B.
And that doesn't even include the tens of billions Trump spent on subsidies for impacted industries.
We knew what would happen, and here it is. Instability, chaos, loss of credibility worldwide, a stock market teetering on the brink of a meltdown, the return of raging inflation, and no one to help us if another pandemic hits - because the Stupids fired them all.
Congress voted to impeach twice. The Senate Oafs rewarded his unconstitutional behavior by acquitting him. He instigated the insurrection. No consequences. If the Senate Republicans weren’t SFB this would be a distant memory. This would not even be a concern. Trump would be a fart in the wind
“Impeachment is the Constitution's final answer to a
President who mistakes himself for a monarch. Aware that power
corrupts, our Framers built other guardrails against that
error”
WE ALL FUCKING KNEW WHAT WAS GOING TO HAPPEN, AND YOU ALL FUCKING KNEW TOO!!! YOURE JUST A BUNCH OF DUMB-FUCKING-SYCOPHANTIC-TRUMP-SUCKING SACKS OF SHIT WHO PRETEND TO KNOW NOTHING UNTIL ITS TOO LATE! OWN IT, OWN YOUR FAILURES YOU DUMB, LYING ASSHOLES!
Maybe nobody knew how seriously to take him, but not everyone thought it was a good idea to find out. I hope every fucking “investor” who poured money into his campaign goes flat broke.
I’m not an economist. I saw this coming. This was not difficult to see coming. If a person who has the job to see things coming did not see this coming, they should consider a job change. Now.
It's a special kind of stupid window licking moron that crashes the largest economy on the planet in 6 weeks. & his worshipping crowd of ree-rees cheers it on because they're even more fucking stupid than he is.
Trump just declared war on the First Amendment. He wants to defund universities, jail protesters, and silence dissent. This isn’t just another Trump rant—it’s a blueprint for authoritarianism. History shows where this leads. Read now before it’s too late.
Sold out of my IRA yesterday morning BEFORE the crash. It is all in cash now. I will buy back in when shit makes sense again. In hindsight, I am happy to have pulled that trigger.
Comments
They think we've forgotten. We haven't.
Fat chance with the current Dem party.
“He’s putting Main Street ahead of Wall Street!”
“It only went down 1%, same as every other week the past 4 years”
“If we have to sacrifice now to clean up government waste, that’s ok”
Apples were $1 more a pound this morning.
And I think this question is irrelevant, mostly because I am convinced nobody thought Trump would be so erratic. It's probably the age...
Aren’t the ‘big business folks’ supposed to be a little bit savvy.
My 401k misses Biden.
leg probably a TIA stroke did it, we can only hope?
Rep Ogles has done so against U.S. District Judge John Bates’s.
Zero Democrats are even discussing impeachment against Trump. It's super clear the Democratic party is weaker than the MAGA party.
Did they mistake him for a comedian?
Trump badly lost the trade war he started in 2017: when he took office, the US trade deficit was $500B; 3 yrs later--pre-pandemic--it had skyrocketed to $610B.
And that doesn't even include the tens of billions Trump spent on subsidies for impacted industries.
gawd. our elites are trash.
Then: “but what does he really mean?”
Like everyone else?
Speak for yourselves, a lot of us saw this coming a mile off, mainly because Trump kept saying he was going to do it.
Morons.
It's the general public on both sides of the border that will suffer. Not the billionaires.
President who mistakes himself for a monarch. Aware that power
corrupts, our Framers built other guardrails against that
error”
https://www.govinfo.gov/content/pkg/CPRT-116HPRT38513/html/CPRT-116HPRT38513.htm
WE ALL FUCKING KNEW WHAT WAS GOING TO HAPPEN, AND YOU ALL FUCKING KNEW TOO!!! YOURE JUST A BUNCH OF DUMB-FUCKING-SYCOPHANTIC-TRUMP-SUCKING SACKS OF SHIT WHO PRETEND TO KNOW NOTHING UNTIL ITS TOO LATE! OWN IT, OWN YOUR FAILURES YOU DUMB, LYING ASSHOLES!
https://jasonegenberg.substack.com/p/trumps-first-move-to-kill-free-speech