this post was submitted on 09 Apr 2025
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[–] leisesprecher@feddit.org 22 points 2 weeks ago (13 children)

One part is a reverse game of chicken, buy the dippest dip to realize most profit from less dippy dip buyers.

The other part is the assumption that this means the tariffs will never actually come or at least in a much relaxed form.

[–] CanadaPlus@lemmy.sdf.org 21 points 2 weeks ago* (last edited 2 weeks ago) (12 children)

The vibe I get is that most elites really don't want to believe the president could be dumb, because that means they could be too. Elites own and/or work with a lot of stocks, and that extends to their investing decisions.

So they figure, sure, it must just be a 4D chess bluff.

[–] Whats_your_reasoning@lemmy.world 3 points 2 weeks ago* (last edited 2 weeks ago) (2 children)

Is anyone else disgusted by the term “elites”? It plays right into the mindset of the wealthy oligarchs, who sincerely believe they’re better than the rest of us.

Such people aren’t “elite,” they’re useless parasites that wouldn’t be able to exist if they weren’t sucking the wealth out of us. It’s time we stop using a term that kisses their asses.

[–] Rivalarrival@lemmy.today 2 points 2 weeks ago

I've started referring to them as the "Problem Class"

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