• barneypiccolo@lemm.ee
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    5 days ago

    I’ve been saying this all along. Not just about this time, but he has pulled off a similar trade scare every month since he took office, with the same result - he announces tariffs, the market tanks, he rattles his sabre a bit, then pauses the tariffs, and the market rises again.

    This has been the third, and biggest one, probably because he needed to make it a big one as he cried wolf for a third time. Which means the next time he does it, it will have to be even bigger.

    Its clearly market manipulation, of a type that only president could do, but only if he were corrupt enough.

    • TheObviousSolution@lemm.ee
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      5 days ago

      Unfortunately, if it were only the president who’s corrupt, he would have already been impeached and removed. Even if there were a question about whether he does or does not want to become an authoritarian dictator, ignoring everything that is hinting at it, he is digging himself in the sort of hole that he can only survive in as long as he retains power and I’m sure he knows it.

          • ameancow@lemmy.world
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            5 days ago

            Point to me the trade wars and civil rights rollbacks that happened during those times. We just had to keep doing the thing and keep pushing the needle towards progressive ideas and socialist policies that help people. That’s ALL we had to do together, it was working for a while.

            But nope. Everyone lost their attention spans because social media and russian bots amplifying the worst of all sides of every issue until everyone said “fuck it, I don’t care, I rather see drama than boring, slow, incremental progress.”

            edit: I am fully aware of how absolutely wicked Obama was, I don’t care in this context, we were making PROGRESS, even if small amounts, your knee-jerk desire to educate me about how bad the system is on both sides just makes me think you’re not reading and feel entitled to something and you will be blocked. You’re a huge reason we’re in this mess. I’m fully convinced that most of you don’t actually want good outcomes and you just want to feel validated and recognized.

            • j_elgato@leminal.space
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              5 days ago

              Boring, slow incremental progress is great. Not ideal, but great.

              However, a two-party system where one party is ALWAYS a single lost election from the advent or fascism is a democracy too brittle to survive.

              • ameancow@lemmy.world
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                5 days ago

                Point me to the better alternative and who’s leading it. Otherwise we’re stuck with the systems we have and nobody is going to be perfect, or even “good” in most regards. But I don’t see a choice unless we find a way to destroy capitalism entirely.

                • j_elgato@leminal.space
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                  5 days ago

                  We destroy capitalism or capitalism (finishes) destroying us. Appear to be the only two options available.

                  • ameancow@lemmy.world
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                    5 days ago

                    Yes but the manner in which both options may play out is a lot more complicated than most people tend to imagine. Whichever outcome we get, it won’t happen fast, our world is too large for fast changes but most of our population is hung up on immediate rewards and immediate validation so we don’t plant seeds for the future, we don’t work towards a world we’re passing down.

                    Most people right now are either cynical doomers who have shrugged and are not planning on surviving the next few decades, or mindless religious orcs who think they’re going to be raptured or UFO’s are going to whisk them away from the flat earth.

            • TheObviousSolution@lemm.ee
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              4 days ago

              A lot of them are arguing in bad faith or have been brainwashed by the people that do. It is clear people can not only still protest, but protest far better with fewer worries and more effect under the lesser evil. These clowns would be complaining about the US winner-takes-all system of democratic governance if they truly cared, and there was only basically one option where protesting for that didn’t make you a potential deportee to El Salvador prisons.

    • Perhapsjustsniffit@lemmy.ca
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      5 days ago

      They’re pumping and dumping like mad so when the major crash happens they can buy buy buy. You think corporations are consolidated now…just wait. The same that happened 100 years ago is happening now. Just people are too fucking stupid to see it.