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I… really don’t think that’s what happened.
It was brazen market manipulation.
That’s a real thing. That happened hours before orangeboi reversed the tariffs. This is a pump-and-dump using the entire fucking US economy.
Honestly, the lack of full scope context and complete failure of imagination from pretty much all of the fucking media is kinda crushing any fragment of hope I had that this was gonna be the beginning of the end for orangeboi.
This is a great example of why blind centrism always leads to fascism, centrists are always convinced the consequences have finally come for fascists when it is literally the next step in the fascists plan.
Also:
Still have China stuff. They’ll likely make a deal but we will still have huge “per package” duties that will stay up. This means business can buy from China but it isn’t cost effective for individuals to. The goal is to go back to pre internet where the wealthy could get between you and SHEIN and scalp Chinese labor.
Also I see a lot of dems and what not highly focused on tariffs with this “gotcha” mentality and not so many dems talking about the people getting disappeared off the streets or having their green cards revoked or the talk of disappearing us citizens.
There is yet another dimension to this apparently: China has implemented new regulations regarding the export of their rare earth materials. Basically all high tech materials need these and the US has no alternative for some of these as China holds the de facto monopoly.
This is the key. China doesn’t care, they have the US’s balls in a vise and will squeeze. Trump has already lost and just doesn’t know it yet.
…are you saying I’m a centrist…? I’m absolutely, categorically not a centrist.
No I meant that in agreement with you
If Fox News wants to frame it as "capitulation", let them. That's a dirty word to them, and it will affect supporters who were already having second thoughts about how senseless this whole thing is.
I was wondering if that's what he was doing. Is there a word for the reverse of a pump and dump? It seemed almost too obvious.
It doesn’t matter if it’s obvious. It’s an “official act”, and the Tribunal of Six has decided that if it’s an “official act”, whatever orangeboi says, goes.
Oh, he definitely won't see any consequences. He just made rich people richer. The rich only see consequences when they take money from other rich people.
Shorting
Shorting is a legit thing though. There isn't another phrase for a clearly illegal version?
Yeah. Insider trading.
pump-and-dump
except the opposite of that
He's a grifter. This was always going to be a vehicle for market manipulation. You don't "make deals" if you actually want companies to build new factories in your country.
History shows us that you can safely assume Trump is lying when he says something will be good for the American people. Full stop.
It's always going to be a con or straight up lie.
History shows us that you can safely assume Trump is lying when he says something ~~will be good for the Amrican people. Full stop.~~
FTFY
Unfortunately, he wasn't lying about terrorizing immigrants.
Japan has figured out how to play trump. Be nice to his face and feed his ego, then go hard against him with actual policy. He doesn’t really understand the policy outside of it being a grift for temporary gains and is a nightmare to deal with behind closed doors with his ego and diminished capacity.
No, he didn't.
He inentionally cratered stock prices, told everyone rich to buy, then "capitulated" the next day to cause stock prices to surge.
This is called "Market Manipulation." It's supposed to be illegal, and it is for peasants. But not for him, or Musk, or...
I predicted this perfectly from the beginning, and you want to know how I knew it?
Because this is the third time he's done the exact same thing. He's done it every month since his Inauguration. It's like his own personal menstrual cycle.
People seem to forget that we've already been through this twice, and yet we're surprised by this. And he's going to do it again, too. This time he did a 90 day pause, so maybe he feels like this one got a bit overheated, and needs extra time to cool down before reheating it. Or maybe not, you never can tell with this psychopath. The only thing you can count on is that hes going to pull another con soon.
If we can't have a collective memory of HitlerPig's treason and criminality longer than a month, we are never going to be able to build enough outrage momentum to crush the MAGA scourge.
Of course he capitulated.
What he's used to is others buckling when he throws his weight around.
Nobody blinked or bent to his will, and he doesn't grasp the basic idea of contingency planning for when things don't go your way.
He has no plans that do not involve someone else bending the knee. He's not able to plan anything without this component in place.
He didn't drop the ludicrous tariffs on China. This is going to get worse again and fast.
He found a suitable outgroup to vilify. Fascism 101.
This is also much, much more likely as an explanation than pre-planned "market manipulation"
That doesn't mean that a bunch of peoplr weren't tipped off about the plans in advance, but that's not why he changed his mind here. He's both stubborn AND reactive.
Nah, he capitulated to show the Libs how the Art of the Deal is done. /s
What he’s used to is others buckling when he throws his weight around.
he is used to domestic politics, yes.
If tariffs make you masculine, does this mean Trump is now a trans woman?
no. he did not.
he and his comrades are gaming the market. nothing more. nothing less. he has no intention of leaving economy destroying tariffs in place.
It doesn’t matter anymore. The damage to USA credibility is done. Every other major economy in the world will enact policies to isolate the US. It will take time because the other countries are mostly not run by venal turds.
The writing is on the wall. The US is no longer the swinging dick of planet earth.
You sure about that? We were (EU) still doing business with Russia like a couple of years ago when it was clear they were corrupt and evil since forever.
Most politicians here have no spine and will gladly bend over as soon as they have the chance.
Corrupt and evil are not the sins for which the US will become pariahs. The US has become erratic and that is the unforgivable part. Yes, the chaos will benefit some, but they are just the jackals picking over the corpse.
While this article says Fox News is claiming he capitulated, they also had Ingraham and Hannity praising him for his brilliant financial/ economic brinkanship.
Why is Fox News playing both sides, or are they? Why float both ideas, that he capitulated, and that he's a genius?
Because if people are discussing which is true, or even FoxNews' dissonance, they aren't focusing on the really important TRUTH - that this was ANOTHER obvious case of market manipulation, the third monthly case since his Inauguration.
The next time he does it (and there will be a next time), we should just describe it as HitlerPig "having his monthly tariff period."
His billionaire owners were about to recall him from his token job.