This was the plan all along. Crash the economy, buy everything they can, then pull the tariffs and profit!
This was the plan all along. Crash the economy, buy everything they can, then pull the tariffs and profit!
0: take massive short positions
1b: close those positions
Why profit only on the upturn? If you know the market is about to tank, bet against it so you can profit in both directions!!!
0: take massive short positions
1b: close those positions
Why profit only on the upturn? If you know the market is about to tank, bet against it so you can profit in both directions!!!
Crashing With Purpose.
Crashing With Purpose.
The rich make money during good times, and even more money during bad times. And we've handed them the power to further rig the game. 🧵3/4
The rich make money during good times, and even more money during bad times. And we've handed them the power to further rig the game. 🧵3/4
"But if we put tariffs on imports, US products will be cheaper!"
Do these people not understand capitalism??? If my competitor's product goes up 10%, I'm going to raise my price by 9% and be *comparatively* cheaper, but it's still MORE EXPENSIVE THAN BEFORE.
"But if we put tariffs on imports, US products will be cheaper!"
Do these people not understand capitalism??? If my competitor's product goes up 10%, I'm going to raise my price by 9% and be *comparatively* cheaper, but it's still MORE EXPENSIVE THAN BEFORE.
How many times in his life do you think he has made himself a grilled cheese? Or even... toast? When he wants toast, would he know how to use the toaster?
How many times in his life do you think he has made himself a grilled cheese? Or even... toast? When he wants toast, would he know how to use the toaster?