People don't trust the economy that can be toss back-and-forth with a single tweet? What a puzzler.
this post was submitted on 11 Apr 2025
290 points (98.7% liked)
News
28551 readers
3767 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
No one is losing anything. Faith in America is dead. Any lag we're experiencing is the time it takes to figure out the complexity of smoothly divesting from America. It's simply impossible to trust this won't happen again. You can't put it back in the bottle. The US is fucked
Yeah, the first time around was like, shit... Okay maybe they'll recover. Biden comes along, okay maybe it really was a fluke. Then the current nightmare ensues... Fuck, it wasn't a fluke. Okay then time to decouple from the damage.
Most Canadians I talk to give significant likelihood that the US won't recover from this. Even if it recovers from the fascism. At least not in a long time. We see that the system of checks and balances is more of a theatre that only appeared to be working, likely because capital wasn't hungry enough. Right now the US looks like a functional dictatorship with no obvious path to recovery. Even if the Democrats take the house.
We see that the system of checks and balances is more of a theatre that only appeared to be working
Seems it was rather based on a gentlemen's agreement, which is fine as long as gentlemen get in power, or at least someone believing in the rules of the game. As soon as someone gets behind the controls who clearly dislikes the rules, that's a huge issue.
And often when it comes to the stock market .... if you see signs of things headed in a direction, it's already too late and whatever you think is going to happen has already or is in the process of happening and you've already lost money and wealth.
Yes America is fucked but it's going to take a lot of time for everyone to figure that out. We're all just going to pretend it isn't so and that it won't hurt us financially (but it probably will)
It's weird that nobody even considers systemic change as a possibility anymore
I mean obviously we'll need to hold another election before we can get somebody else in there and even see an opportunity, but if actual accountability were implemented that targets this, if citizens united would stop leaking billionaire influence into our groundwater, you COULD restore faith in America.
I guess the issue is, how possible is any kind of anti-oligarchism policy, when they hold the whole government? And once, IF, we get the chance, is there anyone with the competency to get it implemented? Or will we blow it like we have every time since the reconstruction?
we’ll need to hold another election
It depends on how likely you think this is to happen, I guess. Trump stated in his campaign that if he is elected no one will ever need to vote again. He is now talking about there being ways he could have a third term. He may fail at his plan, but it seems he is planning to remain president for a long time. We saw what happened last time he lost an election, and he seems more brazen now than he was then.
The thing is many people consider Trump to be the systemic change they've been so desperately seeking.
It's almost understandable too, given how much has been frozen/worsening for so long.
Bold of you to think you’re getting another election
Confidence has faded. It just, understandably, takes a while for the rest of the world to move on. The sell-off of US bonds will continue.
I expect it to accelerate.
Aaannnd....
This is the actual trigger that got Mafia Don Mangolini to back off the tarrifs...
The significant hit to the strength of the $.
🙄 🤡 🤦♀️ 🖕 🖕
I keep seeing this take.
He capitulated because...
His kid "made" more than $400,000,000 dollars. This was nothing more or less than market manipulation.
Yep, this is what's going on. As is usual with Trump, there's no actual ideology or goal, it's all scam all the time. When you can unilaterally announce at any moment of any day that you are about to grenade the global economy, that's going to have a guaranteed response from the markets. Predictable as the fuckin sunrise. Especially because everyone rightly knows Trump truly doesn't give a shit about the consequences and absolutely might just do it.
Then he says some wildly different shit a different day, with again 100% predictable market movements (even announcing on Truth Social ahead of time to buy, which is truly beyond the pale), and everyone he knows gets even richer, again. That grift will wear out and stop working and he'll switch to something else.
And again, and again, and again. All scam, all the time. I mean, plebes like us are aware of multiple concurrent grifts the guy is using the presidency for. Imagine what we don't know about! It's kleptocracy of the highest order.
"Freak"
Can't imagine why!