Wealthy business leaders are turning on US President Donald Trump over his plan to impose a colossal set of tariffs on America’s trading partners, as losses mount on stock markets around the world.
Yeah, because of course they are. I mean, it’s not like they could have POSSIBLY known how bad the shitgibbon would shit the bed, right? RIGHT?!
Are they really, though? Or are they just reading the room and pretending to give a shit while buying the dip so they won’t get Luigi’d?
Well, a group backed by Leonard Leo and the Koch brothers sued Trump because of tariffs. I’d say that’s giving a bit of a shit.
These goons run companies who are notorious for only caring about this quarter’s profits. If they see profits drop because of bullshit tariffs, that’s going to hurt them today. And any benefits, if they ever appear, will take years to show up, so they’re not worth supporting.
Sounds like these dummy CEOs don’t realize that losing money costs you nothing maybe they need to go read Art of the Deal and find out how a real man runs (and subsequently destroys) businesses!
Millionaires and private equity are going to clean up. Most billionaires are cash poor and are losing big. Traders like Buffet can liquidate, but owners like Musk and Bezos can’t just sell off all ownership.
Not as smart as they think they are. Only way to be sure is to not be a billionaire anymore.