“.. He’s treating the North American economy as a personal plaything ..”
- WSJ editorial board, 3/6/25
- WSJ editorial board, 3/6/25
Reposted from
Aaron Rupar
Trump: "The drug companies are very worried that they're gonna fight. And that's ok. If they fight, we'll just say, 'We're just not gonna let you sell any more cars into the US or wine or liquor or alcohol' or something that's actually way more important to them than the drugs."
Comments
It's everything
Universities, Corporations, the Courts, the Whitehouse, AF-1, the Republican Party, US Foreign Policy, you name it, he wants to screw with it
Exactly like a dictator would do...
But of course, it will be done selectively. Bonds issued to Social Security & Medicare when revenues exceeded outflows will be hit hard. Obligations to Trump’s cronies will remain intact.
In normal times of risk the fallback is into US government debt, and obviously that would be objectively stupider rn. To the extent investors*can* run away from the dollar, they seem to be
If you're not nervous, you should be.