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I've been saying this all along. Not just about this time, but he has pulled off a similar trade scare every month since he took office, with the same result - he announces tariffs, the market tanks, he rattles his sabre a bit, then pauses the tariffs, and the market rises again.
This has been the third, and biggest one, probably because he needed to make it a big one as he cried wolf for a third time. Which means the next time he does it, it will have to be even bigger.
Its clearly market manipulation, of a type that only president could do, but only if he were corrupt enough.
Unfortunately, if it were only the president who's corrupt, he would have already been impeached and removed. Even if there were a question about whether he does or does not want to become an authoritarian dictator, ignoring everything that is hinting at it, he is digging himself in the sort of hole that he can only survive in as long as he retains power and I'm sure he knows it.
Won in 2012
Won in 2018
Won in 2020
Won in 2022
And this is where it got us.
Boring, slow incremental progress is great. Not ideal, but great.
However, a two-party system where one party is ALWAYS a single lost election from the advent or fascism is a democracy too brittle to survive.
We destroy capitalism or capitalism (finishes) destroying us. Appear to be the only two options available.
The ocean is being cooked by an unfathomable amount of heat energy, we are talking an incomprehensible amount of nuclear bombs worth of energy.
https://climatereanalyzer.org/clim/sst_daily/?dm_id=world2
The thing is.. the doomers.. crazy religious christian fanatics, and accelerationists... centrists are just as if not more delusional than these people right now since they still assume things will work out and we will have a future.
We have about 10-15 years before global ocean food networks completely collapse and the quality of life of human beings on this planet plummets.
This isn't a longterm thing anymore, and this is clearly something centrists who never really gave a fuck never would actually believe, and so in these pentultimate stages of collapse it is actually centrists who are the most deluded about their future. Imagining some kind of religious reckoning where god comes down and smites a whole bunch of people... yeah.. that is a good metaphor for what is coming, it is a whole lot better of an expectation than all the liberals around me who still want to believe if we just recycle harder and be better people and really care about the environment that things will be ok!.
It is exhausting talking to centrists and liberals since it is like revealing to someone you have a terminal illness and then having them lecture you about how it mightttt not be terminal and that shame on you for already giving up!
Wake the fuck up centrists, the crazy people are right, we don't have a future. Find me a climate scientist who is still employed in the U.S. that can tell me with a straight face we have a future, we don't.
It is quite clear that people with your perspective take this as an axiom, and yes I hear the note of being positive, but let me explain a situation that is a good place for some realistic amount of doomerism, a situation where you have arrived at the ending of period of your existence in which you had a high quality of life, it happened much quicker than anybody quite expected and there is no escaping it for anybody including you.
If you got news that you had 10 years to live due to a terminal illness or a revised outlook on your future health prospects, and my response was to lecture you about being negative about it, that there is no use thinking you only have 10 years to live, you have to deceive yourself you have longer, that is the only way to live... how empty would you feel?
I see this type of thinking EVERYWHERE around me and it is honestly kind of terrifying.
US gained the rights to legally murder its own citizens without due process under Obama.
Also loads of giving corporations and capital rights, and rolling back protective anti-investment gambling under Democrat administrations, which ate up the rights of non-capital.
Murdering our own citizens without due process is massive civil rights rollback.
Whole lot of words to excuse murdering citizens without due process.
Oh, I figured they counted as a huge loss of civil liberties.
A lot of them are arguing in bad faith or have been brainwashed by the people that do. It is clear people can not only still protest, but protest far better with fewer worries and more effect under the lesser evil. These clowns would be complaining about the US winner-takes-all system of democratic governance if they truly cared, and there was only basically one option where protesting for that didn't make you a potential deportee to El Salvador prisons.