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[–] 102 points 2 years ago (2 children)

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.

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  • [–] 29 points 2 years ago (2 children)

    The crabs in a bucket mentality.

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  • [–] 21 points 1 year ago

    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.

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  • [–] 69 points 2 years ago* (1 child)

    Billionaire Disaster Capitalism - billionaires create their own disasters and then profit immensely off of them

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  • [–] 51 points 1 year ago (1 child)

    By April, the employment report will probably be either heavily doctored or just downright not published.

    Nazis don't care about the truth.

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  • [–] 48 points 1 year ago (11 children)

    Crises are a feature of capitalism. Marx talked about this. Things become hell for the working class, and the capitalists reap the rewards.

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    [–] 40 points 2 years ago (1 child)

    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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  • [+] 31 points 1 year ago* (last edited 1 year ago)
    [–] 26 points 1 year ago (1 child)

    This is the point. They want to crash the economy.

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  • [–] 18 points 1 year ago (2 children)

    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.

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  • [–] 5 points 1 year ago (1 child)

    he said so himself

    I would love to be able to show some of my MAGA relatives that clip. Do you have a link?

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  • [–] 8 points 1 year ago (1 child)
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  • [–] 26 points 1 year ago (20 children)

    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?

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  • [–] 15 points 1 year ago (1 child)

    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.

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  • [–] 22 points 1 year ago* (7 children)

    Oligarchs have their money tied up in property, investments, and hidden from the taxman in foreign banks. Destroying the stock market would hurt them a bit, but destroying banks? The way they see it, only poor people have their money in a savings account.

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  • [–] 11 points 1 year ago*

    I remember the first time I realized that. It was when watching the Futurama episode, "Insane in the Mainframe."

    Judge Whitey: The charge is bank robbery. Now, my caddie's chauffeur informs me that a bank is a place where people put money that isn't properly invested. Therefore, robbing a bank is tantamount to that most heinous of crimes - theft of money.

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    [–] 23 points 1 year ago (1 child)

    But hey, look on the bright side: Musk and his rich bros will be able to buy up stuff for dirt cheap!

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    [–] 19 points 1 year ago

    Yeah no shit? Like anyone honest with themselves KNEW that would be the result if Trump won the presidency.

    They should have been saying this BEFORE the election, instead of gargling the wrinkled, atrophied, and filthy balls of Trump.

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  • [–] 19 points 1 year ago

    Don’t worry. Elon and his friends will simply invest in shares as they bottom out in the crash.

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  • [–] 18 points 2 years ago*
    [–] 14 points 1 year ago (1 child)

    Who is there to warn though?

    You got your normal Americans who already know this.

    And then there's the manipulated Nazis Magas that won't even listen to this warning.

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  • [–] 13 points 2 years ago (2 children)

    Global reciprocal Tariffs, aren't going to lead to recession, they're going to lead to the worst Global economic depression since the 1930's. With Trump taking over control of the USPS (announced just today), and martial law soon on the horizon (maybe even a Russian invasion of California, you know, for a treat), this next couple months is gonna be one for the record books

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    [–] 13 points 2 years ago

    Won’t these numbers be manipulated and likely outright lies anyway?

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  • [–] 13 points 1 year ago (1 child)

    Deportations are also lost jobs. Not sure they will be counted though.

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    [+] 11 points 1 year ago (2 children)
  • [–] 7 points 1 year ago

    My guess is that the first bad report will be accurate, but once this administration gets caught with their pants down, they'll fire that team and start releasing jobs reports that have been sharpied to death.

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  • [–] 8 points 1 year ago (1 child)

    The incompetent scammer isn't capable of making economic sound decisions? Who could have imagined that?

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    [–] 7 points 1 year ago (2 children)

    I fucking hope so. I cannot wait to watch this burn down around them.

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    [–] 4 points 1 year ago (1 child)

    Trump is going to cause the recession. Musk is there because of trump.

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  • [–] 4 points 2 years ago

    About to?!?

    Dude, I have bad news for you.

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  • [–] 3 points 1 year ago (1 child)

    Hey, don't worry, it's "a good thing" we're about to enter a recession!

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