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Another one from 2012:
Unfortunately, this one wasn't a real tweet. It seems real, but it's not.
Now we know why he's keeping Elon around, he needs a lift.
Such incredible foresight from Elon—parking a Tesla in orbit around the sun for this particular occasion!
Do you think Trump, Musk and their oligarch insider friends maybe, just maybe, opened short positions on a bunch of stock ahead of the new tariff announcement?
This is my thought exactly.
I watched Steven Colbert yesterday saying that this large of a fuck up is proof there is no deep state. While I get his point, I disagree. If there is someone in the shadows pulling strings this was the intended outcome.
It's pretty well known that in trading markets, there's almost always something that goes up when everything else drops like a rock. Even as such, moving money to be liquid right before a steep drop off, then buying up all the formerly high-value stocks at bargain basement pricing, and just waiting for the rebound, is a legit strategy. Having foreknowledge of such an action is considered insider trading however. Realistically, insider trading is difficult to prove unless the perpetrator is an idiot.
Whether you call it the deep state or the 1% or oligarchs, or simply "rich assholes", if you believe there is a group orchestrating things, then you beat believe this was the intended outcome.
Nothing needs to go up. Shorting stocks lets you make money off of them when they go down. If a person or group of people can cause a crash and know in advance what day it's happening, they can borrow stocks and then buy the stock to repay the loan at a lower price and pocket the change.
Isn’t the value of short position rising?
That is also an option.
Honestly there's a lot of ways to make money in the market if you know what's going to happen in the coming days that will affect it.
Stocks go down because cash goes up
Screen of the WSJ on mobile. For posterity.
On one side, this is awesome because companies should tend to the needs of their customers instead of investors.
On the other, fuck my retirement fund
Time for the rich to buy stocks on discount.
Assuming the US can recover...
Normally Trump does what's best for the ultra wealthy, but de-dollarization of the world economy appears to be good for nobody in the USA. I have no clue what they're trying to do, I suspect he's just lost it and there's nobody left to tell him these tariffs hurt his croneys too.
At this point I wouldn't be surprised if we're already too far along to save the dollar's position globally. Globally that's probably a good thing, but for any of us in the US it's decidely not.
I have no clue what they're trying to do
They published it online. project 2025. They straight up told you what they're going to do. Add in pooty, whose goals align a great deal, and that's it. How do people still not get this, they told you what they're doing.
He inherited a growing economy, a healthy stock market and low unemployment. He has undone all 3. Power move!
And he was very quick about it. I have never seen anyone deal so artfully before. /s
No imagine what evil he could do if he didn't spend 90 % of his waking time golfing!
There's always a tweet.
This is apparently a fake tweet. An archive of the actual tweet corresponding to that datetime is here.
The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.
All is going according to plan.
Down 3,163.27 since inauguration.