• CitizenKong@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    16 days ago

    I wouldn’t be surprised if he really believed that because all the yes-men around him are constantly telling him how great he is.

      • leadore@lemmy.world
        link
        fedilink
        arrow-up
        0
        ·
        16 days ago

        What makes you think the stock market crashing is not his aim?

        I think it’s a combination of both that and stupidity, of both him and the oligarchs. Yes, they like manipulating the market and being able to buy up stock when it’s down and it was working for a while there, but they didn’t bargain on just how far trump would go and how much he would fuck things up. trump figured he could cow other countries they way he does Americans and since he can never admit he’s wrong, he’ll keep doubling down even though it’s not working, causing further havoc. I don’t think he believed China would retaliate with a 34% reciprocal tariff, and he’s not going to listen to the oligarchs when they tell him it’s time to back off. They installed into the presidency a monster they can’t control

      • frezik@midwest.social
        link
        fedilink
        arrow-up
        0
        ·
        16 days ago

        Because he’s not that smart. It’s not even a Project 2025 thing, because it’s somewhat split on the issue of tariffs. In so far as it supports it at all, it’s mostly about working around some free trade treaties and tweaking things here or there. This strong, across the board tariff is entirely his own idea.

      • Jhex@lemmy.world
        link
        fedilink
        arrow-up
        0
        ·
        16 days ago

        People keep repeating this. It’s all on purpose because billionaire snapped buy everything cheap

        My question continues to be that, such strategy makes sense if you know what you bought cheap would be valuable again. However, trumptard has antagonised the WORLD, even if trade resumes, everyone would jack up prices for the USA to include the risk of another wave of stupid and nobody would sign any long-term agreement so you’d wind up not knowing if your product would cost 10, 20 or 50% more next quarter…

      • ILikeBoobies@lemmy.ca
        link
        fedilink
        arrow-up
        0
        ·
        16 days ago

        It does massively lower US hegemony

        Would be a good move if he served Russia or China but a terrible one if he served the US