Remember. He didn’t back down (for now) because you were hurting as a person.
He backed down because his constituents - the ultra-rich, aka the ones best equipped of all to weather this storm they themselves asked for - complained that their power and wealth rate was decelerating.
Simple as. The people who build and maintain societal infrastructure with their sweat and blood would sooner be left to die than these elitists would see their unfathomable and unneeded amounts of influence drop even 1%.
Almost certainly he backed down because he is manipulating the market and shorting on the whole economy. The whole reason for the stop and go tariffs is to cause market instability and panic selling. He shorts right before he introduces tariffs and buys when the market free falls. Then he pauses the tariffs to build the market back up so he can sell and repeat the whole process. This isn’t about anyone but Trump.
I think Peter Thiel and Dark MAGA billionaires are also pretty interested in what’s going on… they literally installed JD Vance as VP to guarantee inside influence over policies which serve their long term anarcho-capitalist fantasies.
I’m pretty sure anyone else benefiting from his antics are strictly consequential benefits he can take advantage of and have little bearing on whether or not he does it in the first place.
What is obscured in the strict ‘line up’ and ‘line down’ interpretations of the market is a tremendous amount of money churning through different hands. It invariably transfers to the wealthiest hands who are most capable of absorbing losses and taking risks. The vast body of wealth that is lost in high market volatility is… retirement and pension funds.
The Dow Jones could stay flat and billions of dollars could still be transferred into the hands of a dozen people.
Remember. He didn’t back down (for now) because you were hurting as a person.
He backed down because his constituents - the ultra-rich, aka the ones best equipped of all to weather this storm they themselves asked for - complained that their power and wealth rate was decelerating.
Simple as. The people who build and maintain societal infrastructure with their sweat and blood would sooner be left to die than these elitists would see their unfathomable and unneeded amounts of influence drop even 1%.
Almost certainly he backed down because he is manipulating the market and shorting on the whole economy. The whole reason for the stop and go tariffs is to cause market instability and panic selling. He shorts right before he introduces tariffs and buys when the market free falls. Then he pauses the tariffs to build the market back up so he can sell and repeat the whole process. This isn’t about anyone but Trump.
💯 everything you said up to that last point…
I think Peter Thiel and Dark MAGA billionaires are also pretty interested in what’s going on… they literally installed JD Vance as VP to guarantee inside influence over policies which serve their long term anarcho-capitalist fantasies.
I’m pretty sure anyone else benefiting from his antics are strictly consequential benefits he can take advantage of and have little bearing on whether or not he does it in the first place.
What is obscured in the strict ‘line up’ and ‘line down’ interpretations of the market is a tremendous amount of money churning through different hands. It invariably transfers to the wealthiest hands who are most capable of absorbing losses and taking risks. The vast body of wealth that is lost in high market volatility is… retirement and pension funds.
The Dow Jones could stay flat and billions of dollars could still be transferred into the hands of a dozen people.