I wonder if they are tired of winning yet?
Has anyone thought that Trump is trying to run the economy like a crypto “pump and dump” scheme?
Genuinely curious.
Regular recessions are a boon to the wealthy vultures of the world. It allows them to snatch up more wealth from the desperate at a deep discount, since they can afford to weather a temporary downturn.
He’s a buisinessman with a vendetta against multiple government agencies for trying to convict him. These are pure vengeance plays to humiliate the feds, destroy the peoples confidence in the country, dismantle what little power government had over corporations while making as much bank as possible.
America was already a corporatocracy in all but name but companies were willing to work with government to maintain the illusion that the old powers of federal government were still in control. Now trump is signalling that the mask need not be worn.
This is precisely what “disaster capitalism” is all about.
A very small number of assholes are about to get even richer.
Coolio, how can I be one of them?
That ship sailed 2 months ago.
Wrong question and wrong perspective.
Mom always says there are no wrong questions
It’s not a coincidence that 10 of the last 11 recessions started under Republican presidents; recessions are fantastic for the donor class. I encourage all to look this up, every Republican president since Benjamin Harrison, who served from 1889 to 1893, had a recession start in their first term in office. Recessions are the predictable and historically recorded effect of wealth redistribution towards those who don’t have to spend money, versus a thriving economy which depends on broad participation from all.
Social safety nets we have all paid into and should expect to have available to us are persistent targets for the ‘efficiency’ crowd. If they can cut Social Security benefits and Medicare so that old folks can no longer afford their prescription medications and their homes are foreclosed, this is part of the temporary pain Republican politicians will tolerate on others’ behalf. With the added effect of small businesses folding and valuable business property becoming vacant, it becomes the grand old garage sale of America.
The rest of the world over the last month: The website used is called finviz: https://finviz.com/
You should add the US to that if you want a good comparison, the OP is about the past day, but I think most things are still greenish in the US over the month.
Hardly room for it, plus it’s up above anyways.
I don’t think you read my comment, you posted world market over one month, the post is about one day.
If you look at the US one, you’ll see it’s a mix of green and red for the past month.
Redistribution of wealth and power continues. Shares of companies at rock bottom prices that only the rich can grab because the rest of us can’t afford bread.
📈: Look at my amazing influence over the market!
📉: The market is adjusting, don’t be such an alarmist
