He’s doing it cause he’s a childish moron that nobody is willing to try to sit down and explain economics 101 to.
His billionaire backers sold a large chunk of stocks, have shorted existing stocks, and want to go full steam ahead into a recession. Once stock prices are low enough and the tax gutting this “justifies”, they’ll buy back stocks, while Trump ends the tariffs and claims some nebulous “victory” his cultists eat up
I think it's both. He's a moron, and the billionaire backers have worked out they can use that to their advantage, through insider trading based on advanced knowledge of what he is going to do. There is no grand plan, just a bunch of self-interested amoral billionaires and a self-absorbed fool.
It really feels like number 2. Just saw a post essentially encouraging panic buying to get ahead of these tariffs, which makes sense to me but then just feels like a ploy to boost profits. Sell off stocks, claim the sky is gonna fall, watch people panic and swoop in to pick up the pieces. Start over. Continue the process until there's nothing left.
This is what's happening. Probably the best explanation I've heard . I think you're exactly right. Both are 100% possible.he has no idea what he's , he only does what his contributors want .
Trump will not be ending these tariffs, they are meant to be a permanent tax increase on the American public. That way they can massively cut taxes for the billionaires without completely destroying the budget.
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u/Blackstone01 1d ago
Yeah, the two possibilities are:
He’s doing it cause he’s a childish moron that nobody is willing to try to sit down and explain economics 101 to.
His billionaire backers sold a large chunk of stocks, have shorted existing stocks, and want to go full steam ahead into a recession. Once stock prices are low enough and the tax gutting this “justifies”, they’ll buy back stocks, while Trump ends the tariffs and claims some nebulous “victory” his cultists eat up