2 trillion, so far!
Entire year of gains lol
He did as he promised, financial liberation.
From the poor
Time to recycle some things…
Better quality version (I think)
“…and right here is where I’m going to manufacture the worst economic crash since the literal Plague.”
As bad as this is, it can still get a lot worse. The market seems to be pricing in a high probability that Trump will reverse course. If the tariffs stay on for at least a few months, there will certainly be a recession, probably a depression, and possibly social unrest that will take decades to fully recover from.
Do I remember correctly that trump was elected mainly on improving economy?
That’s what I heard people said, but I suspect it was more the anti-immigrant, christian nationalist, white supremacist, misogynist not wanting to out themselves so they said things like the ‘price of eggs’ or ‘the economy’ instead of ‘I’m scared of everything I don’t understand like diversity and worker solidarity’ or ‘i don’t want to be treated the way I treat minorities’.
…and cancelling 500k work visas just few days ago, that should hit the economy too
And everyone being deported as well. Even most of the illegals paid into the economy. Now we’re taking that away and spending who knows what to create chaos.
But all the government institutions are being dismantled, so why have taxes at all?
Need to pave a road to your house? Pay it yourself! Need to drive on a road you haven’t paid for? Pay the toll to the owner.
Libertarian police
I was shooting heroin and reading “The Fountainhead” in the front seat of my privately owned police cruiser when a call came in. I put a quarter in the radio to activate it. It was the chief.
“Bad news, detective. We got a situation.”
“What? Is the mayor trying to ban trans fats again?”
“Worse. Somebody just stole four hundred and forty-seven million dollars’ worth of bitcoins.”
The heroin needle practically fell out of my arm. “What kind of monster would do something like that? Bitcoins are the ultimate currency: virtual, anonymous, stateless. They represent true economic freedom, not subject to arbitrary manipulation by any government. Do we have any leads?”
“Not yet. But mark my words: we’re going to figure out who did this and we’re going to take them down … provided someone pays us a fair market rate to do so.”
“Easy, chief,” I said. “Any rate the market offers is, by definition, fair.”
He laughed. “That’s why you’re the best I got, Lisowski. Now you get out there and find those bitcoins.”
“Don’t worry,” I said. “I’m on it.”
I put a quarter in the siren. Ten minutes later, I was on the scene. It was a normal office building, strangled on all sides by public sidewalks. I hopped over them and went inside.
“Home Depot™ Presents the Police!®” I said, flashing my badge and my gun and a small picture of Ron Paul. “Nobody move unless you want to!” They didn’t.
“Now, which one of you punks is going to pay me to investigate this crime?” No one spoke up.
“Come on,” I said. “Don’t you all understand that the protection of private property is the foundation of all personal liberty?”
It didn’t seem like they did.
“Seriously, guys. Without a strong economic motivator, I’m just going to stand here and not solve this case. Cash is fine, but I prefer being paid in gold bullion or autographed Penn Jillette posters.”
Nothing. These people were stonewalling me. It almost seemed like they didn’t care that a fortune in computer money invented to buy drugs was missing.
I figured I could wait them out. I lit several cigarettes indoors. A pregnant lady coughed, and I told her that secondhand smoke is a myth. Just then, a man in glasses made a break for it.
“Subway™ Eat Fresh and Freeze, Scumbag!®” I yelled.
Too late. He was already out the front door. I went after him.
“Stop right there!” I yelled as I ran. He was faster than me because I always try to avoid stepping on public sidewalks. Our country needs a private-sidewalk voucher system, but, thanks to the incestuous interplay between our corrupt federal government and the public-sidewalk lobby, it will never happen.
I was losing him. “Listen, I’ll pay you to stop!” I yelled. “What would you consider an appropriate price point for stopping? I’ll offer you a thirteenth of an ounce of gold and a gently worn ‘Bob Barr ‘08’ extra-large long-sleeved men’s T-shirt!”
He turned. In his hand was a revolver that the Constitution said he had every right to own. He fired at me and missed. I pulled my own gun, put a quarter in it, and fired back. The bullet lodged in a U.S.P.S. mailbox less than a foot from his head. I shot the mailbox again, on purpose.
“All right, all right!” the man yelled, throwing down his weapon. “I give up, cop! I confess: I took the bitcoins.”
“Why’d you do it?” I asked, as I slapped a pair of Oikos™ Greek Yogurt Presents Handcuffs® on the guy.
“Because I was afraid.”
“Afraid?”
“Afraid of an economic future free from the pernicious meddling of central bankers,” he said. “I’m a central banker.”
I wanted to coldcock the guy. Years ago, a central banker killed my partner. Instead, I shook my head.
“Let this be a message to all your central-banker friends out on the street,” I said. “No matter how many bitcoins you steal, you’ll never take away the dream of an open society based on the principles of personal and economic freedom.”
He nodded, because he knew I was right. Then he swiped his credit card to pay me.
As a guy with nothing, I really couldn’t give much less of a shit about retirement accounts and the ultra rich losing money. And I already make shit wages and live on almost nothing. The only thing that is going to really hurt is the continued hyperinflation.
Can’t see past your nose, can you?
Oh I can see it. I just don’t give a fuck.
Enlighten us oh great prophet.
Go slow so our little brains can understand.
I’ll take a stab at it:
- Local businesses will suffer across the board, might lead to this poor fella maybe loosing his already shit job.
-There won’t be another job for him to take (see first point).
-He makes shit money so he has nothing saved up.
-social nets and government help is being systematically wiped out.
-It’s the streets now, and for many others like him. Where does this lead? Massive uptick in crime, and a lot of crime everywhere. Everyone is fucked - those who currently care and those who currently don’t care.
I’m actually semi prepared for this. My shit paying job is working for a non-profit that distributes food to people who need it, and honestly those who work there have the first access to the resources if they are in dire need. If all of that were to fall apart, and it could, my history is in working in food service and frankly I can get a food service job as well as anyone else. I’m super qualified. It might pay shit, but if anybody can do it I can and somebody will be doing that job as long as any jobs exist.
If the economy collapses completely and there are no jobs, I’m kind of prepared for that too. I’ve got a .22 rifle with a suppressor and a crap load of ammo that I can feed my family with for at least a couple of years feeding on squirrels and cats and dogs and fuck it humans if I have to. Not that I want to eat any of those things but damn it I’m going to survive. I’m not someone who advocates poaching or breaking laws, but when it comes to survival everything goes out the window. I know how to garden too. I have crazy amounts of filtration capability for water also, not to mention you can just boil it and as long as we’re not dealing with irradiated Fallout water, I’ll be fine. I could live the next year just in a quarter of the camping gear that I own, no matter what the weather. Birds make good eating too. If everyone’s money becomes completely valueless, I’m better off than most.
Right - first option survive the storm, next option… Murder? Steal? Pillage? (I’m stretching what you said, but it was implied). This is the very possible future we all might be living in, so again to OP’s point about spiting your nose/face. Basically I find the moves of Trump to be catastrophic and the potential of where it might lead us is… Horrific
It’s just utterly infuriating and miserable. This isn’t a Nelson-Ha-Ha.gif moment.
Ordinary Americans will suffer for this. People will lose their homes, their jobs, their lives. And ordinary people in other countries will suffer for it too - job losses for companies who majorly sell to the US are inevitable. Car companies in the UK (Landrover, Aston Martin, Jaguar, etc are already making noises about job-cutting).
And the vastly wealthy will benefit, as they always do, by picking up those bargain basement stocks which will, eventually, become valuable again. And it’s the plan. It’s always the plan. Transfer wealth from the many to the few. Brexit was a cash grab. Trump is a cash grab.
by picking up those bargain basement stocks which will, eventually, become valuable again.
Everyone can do this. Even if it’s only $50. If you have nothing, you gotta start somewhere. I’m investing every penny I can spare right now.
I’m so glad that as a millennial I get to live through so many different historic times…/s
Would you prefer to live through the world wars or the cold war? Or any other time in history?
Stable genius working his special magic in advance of the Super Bigly Oligarchs’ Enormous Clearance Sale of resources & remnants of US governmental assets!!!
The National Parks sell off hits me in the gut.
Stocks aren’t real resources, they are imaginary potential resources. Stocks market fluctuations are important only as long as people think they are. Like a king who is a king only because his subjects consider him a king.
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