this post was submitted on 05 Apr 2025
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[–] DarkCloud@lemmy.world 55 points 3 weeks ago (8 children)

Note: Trump/Musk cut services THEN introduced tariffs. This is a planned crash, it's aimed as an attack on the American people. I don't see that point being made enough.

The intention is greed, the tool is cruelty. America is on the slow boat to hell. Journalists will have to point out the intentionality on this eventually.

[–] joekar1990@lemmy.world 13 points 3 weeks ago (6 children)

I've seen a new talking point popping up that he's crashing the market on purpose to refi US debt and force the fed to drop interest rates...

[–] peoplebeproblems@midwest.social 1 points 3 weeks ago (3 children)

I guess in theory you could do that. I'm not exactly sure what that buys anyone though

[–] frezik@midwest.social 7 points 3 weeks ago (1 children)

The idea behind it is that post-2008, low interest rates let the rich run wild buying up real estate and stocks.

I don't really buy it, though. Trump isn't that smart, and nobody was really asking for tariffs that are so strong across the board. Even Project 2025 is split on the issue, and what support it does give for them is much more targeted.

This is Trump's bad idea all on his own.

[–] Waphles@lemmy.world 2 points 3 weeks ago

“Dark Enlightenment”

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