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this post was submitted on 03 Apr 2025
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Time for the rich to buy stocks on discount.
Assuming the US can recover...
Normally Trump does what's best for the ultra wealthy, but de-dollarization of the world economy appears to be good for nobody in the USA. I have no clue what they're trying to do, I suspect he's just lost it and there's nobody left to tell him these tariffs hurt his croneys too.
At this point I wouldn't be surprised if we're already too far along to save the dollar's position globally. Globally that's probably a good thing, but for any of us in the US it's decidely not.
They published it online. project 2025. They straight up told you what they're going to do. Add in pooty, whose goals align a great deal, and that's it. How do people still not get this, they told you what they're doing.
As confusing as it is this does still all fit into Theil’s plan to isolate the US in order to create a corpo-fascist state and bring back apartheid.
Idk, when do they buy? This shit has to go way more south before our dear great leader decides to undo the tariffs, right? And if he doesn't undo them, when would it go back up? We're still in a race to the bottom...
Knowing Trump's irrationality, he just wants to erase all the market gains from when Biden was in office. That means he'll keep at it until the DOW looses another 10,000 points or so.
Well I just bought some inverse SP500 x3 ETF so I'll hold onto that until we reach the new great depression
I lost a lot of money today, but I’m still up from 6 months ago.
This is going to last a long time and the recession is when they’ll buy.
It's good for them when they can buy other people's stock at fire sale prices, it's less good for them when their own stock is reduced to fire sale prices.
It's only a concern if you need to sell during the downturn.
And it isn't good for them if stock growth doesn't happen because American companies lose market share.
That's not how it works. Stock prices don't fall below the level that rich people are willing to buy them at, specifically because rich people buy them at that level.