be richest person
crash the biggest economy in the world
buy the remains for cheap
not exactly a complicated plan.
maga voters want this to happen. they crave being worse off.
The crabs in a bucket mentality.
Crabs don’t actually root for the outcome, they can’t see the outcome. They just try to climb and end up pulling down anything above them. These people actively vote against their interest and then cheer the pain & suffering of others. I’d take crabs any day of the week.
Crises are a feature of capitalism. Marx talked about this. Things become hell for the working class, and the capitalists reap the rewards.
Yes, and people with power, people with connections, and people who are rich will always benefit from crises. Naomi Kleins The shock doctrine explains this very well in a modern context.
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We haven’t tried many
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Controlled economies are much less stable
Said in thread about how nuking the control over the economy is about to cause a recession. Yeah, sure.
Deregulation almost always leads to the working class being robbed, the land poisoned, and people killed.
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Every economy is controlled in some way.
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Billionaire Disaster Capitalism - billionaires create their own disasters and then profit immensely off of them
exactly this. crashing the economy IS the plan. you just need to be short on the right stocks at the right time.
And, look, I’m not a hedge analyst or an economist, but even I can see that the comedown from the tariffs is going to have a huge negative impact on the stock market.
So, genuine question here, if this recession comes along with the stock market dip, will that cause a spiral that leads to another great depression?
Maybe? I do know that Elon is going after the agency that runs the FDIC. The FDIC insures the bank’s money. I don’t see how they don’t see how shitty this is going to be for all of them too. It’s insane.
Haha yeah
That guy is forgetting that the jobs report is produced by a government agency, so what makes him think they’re going to report accurate numbers?
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This is the point. They want to crash the economy.
I mean, he said so himself even before the election. We just have the fucking stupidest, god awful people in this country that apparently wanted it.
he said so himself
I would love to be able to show some of my MAGA relatives that clip. Do you have a link?
Thank you for the link.
In the article Elon Musk said that we (and by we he means us) have to reduce spending to live within our means. LOL. This from the guy who sells $100k cars.
This from the guy who sells $100k cars.
And could afford to buy one of those cars every hour for over 400 years without running out of money
Probably realized he can’t sell a lot of those anymore.
He could sell a bunch of Tesla stock, crash the entire US economy and then buy a whole lot of whatever he wants because everything will be discounted (including Tesla, he could just rebuy his stock for a fraction of the price)
Rich people LOVE economic downturns. Best time to make money is when everything is on sale, just need to buy and wait. Stocks, property, everything.
Because he can’t buy whatever he wants now?
He can, but if stocks fall 90%, he can buy 10x as much. If he shorts things on the way down, he can multiply his money first too.
If this is played right, he could be worth tens or hundreds of trillions a decade or 2 from now.
By April, the employment report will probably be either heavily doctored or just downright not published.
Nazis don’t care about the truth.
Trump is going to cause the recession. Musk is there because of trump.
Musk paid to get Trump into office. Musk is there because of Musk.
Who is there to warn though?
You got your normal Americans who already know this.
And then there’s the manipulated
NazisMagas that won’t even listen to this warning.This is some of that bizarre, black-and-white thinking I’ve come to expect from Lemmy (and, of course, reddit). I can assure you that there are a lot of “normal Americans” who do not “already know this”.
I feel like too many of the people here really do need to touch grass. Idk if it’s the high number of people in tech work or something else but I see so many takes of what “normal” people that’s so far off the mark it makes me question when was the last time they spoke to an actual person.
If by “actual person,” you mean Trump voter, I’m afraid our definitions of people might be different.
No, I just mean actual people. As in, the majority of people. The ones outside the houses of the people of Lemmy. Assuming that I mean right wingers is exactly what I mean tho, no such thing as nuance.
