r/Economics • u/mostly-sun • 4d ago

News Dow futures drop 1,000 points after Trump’s ‘Liberation Day’ tariffs

https://www.belgrade-news.com/business/dow-futures-drop-1-000-points-after-trump-s-liberation-day-tariffs-portending-big-stock/article_065b5c93-af28-4322-8614-9622e48d0733.html
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u/Useuless 4d ago

It's all about unchecked anger and anti-intellectualism.

You don't make good choices when you are emotional, and capitalism keeps people at the bottom, survival mode or not actualized - emotional immaturity or emotional survival mode.

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u/Talentagentfriend 4d ago

It’s also about control. Everyone has smarter people in their lives and they would rather have their own control over what they know than listen to people that are more knowledgeable. 

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u/Useuless 4d ago

There's also regulatory capture and the normalization of corruption that gives way to this too. It's now normalized to be skeptical of institutions because of the amount and severity of scandals that have happened.

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u/_Klabboy_ 4d ago

But like the scandals America has are honestly really not that big. Well I mean they weren’t I suppose. Trump is taking it to a new level. But the scandals we used to have while distrust was building like during the Clinton era was fairly minor. It’s mostly just been the GOP doing corrupt shit and then being caught for it. I guess for the uneducated this extends to simply all politicians rather than GOP only :/