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No, this is not incompetence, it is insider trading. They had a plan with tariffs and made their money. When Trump finally falls the people that raised up that useful idiot will all get to keep the insider trading money they made by yo-yo'ing the economy.
The issue the OC is talking about isn't something you can just walk back and take your winnings. Owning the husk of a once great economy isn't really a great outcome.
I don't think anyone understands that if he ousts Powell/gets his interest rate lowered, we're looking at a depression or worse. That kind of economic crisis has the potential to ruin literally anyone, including the wealthy/elites.
Um, I think everyone except his hardcore followers understands that.
If that were the case he wouldn't be in power anymore. Either enough people don't understand or don't believe it.
The Republicans who could and should hold him to account (senators, representatives, and Supreme Court justices) are too afraid of his rabid base to do anything. If they oppose him, Trump will start raging on truth social that they are communist America haters that need to be “dealt with”. Stochastic terrorism is a real thing, and these people are cowards.
The oligarchs that put him in power thought they were smart enough to control him. I think they are just now realizing that they can’t, and they are freaking out.
Ai think the problem is now that he’s non hardcore supporters are still thinking this is some kind of art of the deal fuckery. That at some point he’s going to get the best deal in the history of deals , maybe ever
Many cowards in the Republiqan Party. Also a whole lotta stupid people more engaged in their stupid identity politics who have the mantra of "any criticism of donvict is because someone just has 'trump derangement syndrome' and something something argle bargle DEI".
Calling it now. It will be called the DEI-pression
He will say that he had to "walk back" his tariffs and the "libs" wouldn't let him make the deals he needed. His idiot followers will believe him.