The lack of intellectual rigor in an attempt to reset the global trading system and valuation of the dollar is what’s truly troubling about all of this. It’s all ad-hoc absent any substantive strategy. #Econ #Econsky
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One should remember this as loose & undisciplined talk of dollar devaluation & ending the greenback currency reserve status picks up later this year. #Econ #Econsky
Agreed Joe. The minds of Trump's cabinet are not capable of gross intellectualism which enables them to see bigger pictures of the devastation they are reeking through the economy along with Trump's inane policies, actions, and tariff mandate.
I would laugh at this situation if I wasn’t so scared. And it wasn’t my country where this is happening. And it wasn’t my country that voted him in. This reminds me I am also embarrassed and humiliated.
Guys. Chumps tariffs are income redistribution. He & his Billionaire buddies don’t believe in the graduated income tax. He couldn’t possibly get a vat tax passed but his tariff plan will do the trick. Just watch the shell game play out.
It makes sense when you finally realize/admit that he’s PURPOSELY destroying your country and destabilizing the world economy so that the oligarchs can buy up the rubble for pennies on the dollar. Sad but true!
Yes, and: Its informed by a toxic tech-bro mentality that "breaking stuff" is good because its easier to remake it how you want it. (With other people's money, and you still have a job). But people are not lines of code, lost jobs mean lost homes and childhoods, and countries can break. N Ireland
“Absent any substantive strategy” IS the strategy in everything Elon Trump has done. Saying social security is safe while firing SS workers, closing offices, shutting down phone lines without providing a plan is just another example of the no strategy strategy
Trump has been bluffing and winging things like a 14 year old on the playground as a bully his whole life. He thinks being prepared and having a plan is for geeks and losers.
Trump inherited a $200 million; bankrupted casinos, and had multiple failed businesses.
Trump wants to show the world that he is a genius, no matter what history and reality show.
It’s chaos. Trump loves chaos and his advisors are spineless clowns. Nobody has the balls to tell him he’s wrong. He’ll never admit he was wrong so he will keep doubling down until there is nothing left. Then it will be someone else’s fault. He’s such a sad little man.
There is a strategy. Wreck the economy. Cause a recession. Billionaires swoop in and buy everything on the cheap. Brilliant if you are a billionaire. A disaster for the rest of us.
Exactly. Do we have issues that need fixing? Yes. But when someone has a tumor you probably will use a scalpel and have a plan for recovery as opposed to a chainsaw and saying “oh there might be some pain for awhile”
Anything coming from the clown car is about grift & consolidation of power.
Any country/company can now make off the books “donations” via Crypto to get import exemptions for their goods
The public will never find out about it, bc all oversight has been eliminated.
Because we weren’t relentless on what our government under Biden was doing for the American people. Shows like, The MeidasTouch, are now fighting fire with fire. We need to continually and relentlessly let the people know how the administration is dismantling democracy and how to fight it!
You have the dumbest economic student in a Wharton professor's career, now in charge of the entire U.S. economy. Putin's "dream team". Wonder why zero no new tariffs on Russia?
Because trump had been in Putin’s debt since the eighties. This was a long con. And somehow we still let it happen despite seeing it coming for decades.
Why arent reporters asking Donald abt the Australian islands being haphazardly added to the tariffs list? Can a reporter ask Republican lawmakers if this pain Americans will endure is justified when they refuse to ask the very wealthy, corporations, & politicized churches to pay fair share in taxes?
Trump bankrupted 4 casinos. This is #TrumpsGamble and he will lose bigly. As we Americans will . Mid terms will be OUR revenge. #TrumpRecession #TrumpTariffs
I get your point (Truly. This really should shock the 4D-chess people to reality: there's no well-thought out plan) but it's more the @pattonoswalt.bsky.social / Norm joke.
No, the worst thing is they're destroying the US economy & trying to take the world down w it
Don’t assume it’s incompetence. The strategy is plain old greed and corruption. This is his playbook: cause chaos, then use it to extort industries, companies, and maybe even countries to pay him, do him favors, or pledge loyalty, in exchange for lowering or rescinding specific tariffs.
Felon trump and his gangster administration and GOP Republican cowards and traitors are tanking the dollar so the US can go to crypto so felon trump and his crook family can steal from the American people.
If I’m going to rebuild something I typically map out a strategy articulating how I will get there. They are building the ship at sea. With no paddles to get back to shore. And all the experts who know how to build ships were left at the dock.
Totally agree, and very similar to "problem solving" approach in pretty much all contexts. Also just saw an article laying out a very plausible explanation for how the numbers were set. https://futurism.com/trump-tariffs-signs-ai
The tools in this shed are not just dull - they are outright primitive.
The Orange Excrement has always looked “simple minded” in public and historically classmates say that he wasn’t much of a student. That aside, this guy is clearly one with average or less fluent intelligence😳
With the Nixon regime it was “follow the money.” The central question to understanding MAGA cartel policies is “Who benefits?” I would not be surprised if money was involved in drawing up the deportation lists, if insider trading was a big influence for quirky economic policy, etc.
I’m no economist, but I’ve been saying for decades that Val Kilmer was the bedrock propping up the stock markets and the glue holding the entire US economy together. No one listened to me. Well here we are. RIP Val my pal. You were a Saint and we didn’t deserve you.
Navigating complex systems—like ecosystems—requires deep understanding and strategy. Just as nature adapts through thoughtful processes, so too must our approach to global trade evolve beyond ad-hoc solutions.
I'm wondering if we have the energy/power for these instant factories trump is expecting? He's cutting green new deal innovation, hoping to drill, drill, drill🙄. How will this play out?
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No, no he does not. He probably wouldn't listen to them if he did.
Trump couldn't even manage his OWN tiny little teeny company - WHY OH WHY do people think he can manage an entire Country?!!!!
This administration shoots from the f'ing hip - look at DOGE!!!! And his Cabinent!
with this “administration”
is laughable
Land the fucking plane first. 🤡
Dumbest cult ever
News flash he is a moron and we are fucked!!!!!
Trump wants to show the world that he is a genius, no matter what history and reality show.
It's the functional equivalent of 3+4=34.
Any country/company can now make off the books “donations” via Crypto to get import exemptions for their goods
The public will never find out about it, bc all oversight has been eliminated.
PS @chrismurphyct.bsky.social
DON'T TAKE THE BAIT! Preserve our right to vote.
-Dow craters 1300 points to lowest open in 2 years
-My IRA (retirement) lost 2 yrs of gain
Thanks asshole
what a thought.
this is exactly what Putin's strategy called for.
you seem to persist in thinking that Trump and MAGA care about doing a good job running the country.
they are here to burn it down and buy what's left.
You fire them
So Trumps administration is doing just that.
Fire
Aim
So sad. NONE of this had to happen.
👇🙃
No, the worst thing is they're destroying the US economy & trying to take the world down w it
https://www.youtube.com/watch?v=ljaP2etvDc4&t=1s
just like they don't do 'policy'.
It's 100% Smash & Grab.
Somebody better pull a BOOKER and stand up for the rule of law.
Trump and schmuck are more inline.
The Orange Excrement has always looked “simple minded” in public and historically classmates say that he wasn’t much of a student. That aside, this guy is clearly one with average or less fluent intelligence😳