Fund managers worry about Trump’s mental state amid tariff debacle
www.independent.co.uk
Some fund managers concerned ‘that the White House is not acting rationally, but rather on ideology. And some even fear that this may not even be ideology’

Trump’s tariff reversal came after he watched an interview on Fox Business with JP Morgan Chase CEO Jamie Dimon, during which the bank boss said that a recession was a “likely outcome” of the new trade policies, according to the Washington Post.

Trump was asked by a reporter on Wednesday when he decided to put a pause on the tariffs.

“I would say this morning. Over the last few days, I’ve been thinking about it. Fairly early this morning,” he said.

  • MyOpinion@lemm.ee
    0·
    28 days ago

    Gosh you think? Has any of these morons been paying attention to the Orange Turd.

    • CalipherJones@lemmy.worldEnglish
      0·
      28 days ago

      Repubs get a completely different perspective of Donald Trump. His evil is filtered through propaganda networks until they’re left with the God Emperor himself.

  • Wilco@lemm.eeEnglish
    0·
    28 days ago

    Trump does in fact have a tariff plan and has had it for years. He uses tariffs to crash and recover the market for insider trading. These fuckers need to all be in jail. Since the justice system in non functional then US citizens should probably defend themselves from this economic terrorism in … other ways.

    • Asafum@feddit.nl
      0·
      28 days ago

      Fox news: But but but Biden knows a guy who has a dog walker who has a cousin that once babysat for a family that is corrupt so Biden was worse!!

    • Frozengyro@lemmy.world
      0·
      28 days ago

      So if you’re fooled into thinking onion article is real, you’ve ‘ate the onion’.

      What do we call it when you think a real article is clearly an Onion article?

  • Skvlp@lemm.ee
    0·
    28 days ago

    I quietly fear that fish doesn’t have a tariff plan and that they might be swimming.

    • Asafum@feddit.nl
      0·
      28 days ago

      It’s warranted. He might be insane or he might be insider trading and enriching himself and friends with his actions.

      My non-existent money is on the latter.

      • KittyKalledKarma@slrpnk.net
        0·
        28 days ago

        Two things can be true at once. These animals don’t realize they’re pushing the rest of us into the arms of China. Going to war with them is suicidal, but America seems intent on swallowing her own lead.

        • Mirshe@lemmy.world
          0·
          28 days ago

          Nah, these guys want a war. War is incredibly profitable, can last forever especially against a near-peer, and wartime presidents tend to get power expansions. They’re hoping this is the push they need to go full Palpatine and say “well we’re in a war, no elections until the war is done, also we’re taking a page from Lincoln and suspending habeas.”

    • Aceticon@lemmy.dbzer0.comEnglish
      0·
      27 days ago

      His experience of the last couple of recessions has probably been:

      • “The Markets, Politicians and Press do a lot of noise whilst poor and working people have to be squeezed even more whilst the Government makes sure rich people don’t lose any wealth and at the end of it we the rich are making even more money than before”

      I mean, all that it takes is to look at the changes in wealth of the top 1% of the population compared to the rest in the aftermath of the 2008 Crash.

      From his point of view a recession is a good thing because it and subsequent measures by the Government and Central Bank makes him even more money than “normal” times. Sure, it’s on the backs of the riff-raff, but who cares about the riff-raff when they’re so easy to lead by the nose?!