- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Trump’s tariff reversal came after he watched an interview on Fox Business with JP Morgan Chase CEO Jamie Dimon, during which the bank boss said that a recession was a “likely outcome” of the new trade policies, according to the Washington Post.
Trump was asked by a reporter on Wednesday when he decided to put a pause on the tariffs.
“I would say this morning. Over the last few days, I’ve been thinking about it. Fairly early this morning,” he said.
You must log in or register to comment.
He has concepts of a plan.
Get loud you pricks.
It’s important to the world to drop the “quietly” bit.
The US administration is behaving erratically and irrationally. This isn’t a punchline to some smug joke, it has important repercussions for world trade and defence needs.
Let’s cut the conspiracy theories about how they are doing this for graft, and the unfounded “4d chess” approaches. Some people in the administration may be trying to steer the government in these ways, but the captain of the ship is an unleashed chaos monkey surrounded by sycophantic yes-men.
The tariffs could double tomorrow or be gone tomorrow. The US could invade Greenland with a military force tomorrow or drop it completely move onto some shiny new idiocy.
We in the rest of the world need to move with urgency in order to be prepared for the worst. This is a tall task, so the longer we keep these admissions quiet the longer we are vulnerable
Let’s cut the conspiracy theories about how they are doing this for graft, and the unfounded “4d chess” approaches.
He is doing it for a grift, it’s pretty out in the open. You’re right about the 4d chess though. That’s his thing, think like a stupid mob boss that only does it for the grift. He thinks they owe him a favor now.
Link to video: https://nitter.net/MorePerfectUS/status/1910340290260463771#m
Video of Trump Bragging About Enriching His Billionaire Pals Draws Outrage
The video doesn’t show evidence of this being a planned out endeavour.
For it to be grift, those people would have had to benefitted from the dip in some way. But that’s not what this shows, it’s just billionaires having their shares go down in value because of trumps idiocy and then back up from the whiplash when he erratically reversed course.
Spraytan is trying to ingratiate himself to these rich assholes by taking credit for their gains by wilfully ignoring their losses were inflicted by him.
This is not to say that no one in the administration is using this for their own gains. It’s entirely likely that some are.
I’m just super sick of this narrative that Trump secretly has some master plan when we have 40+ years of well documented evidence about how stupid this man is.
Not just likely. Demonstrably true. You can see the trading increase significantly before he made each announcement/tweet.
I agree that the grift most likely came after the actions were decided. The guy in charge is absolutely a moron that acts solely on whims. It’s confusing because there are at least a couple people around with the grift agenda or their own plans that are feeding him ideas. So sometimes he uses a smart idea or he mixes what would have been a smart plan with something idiotic and/or some grift.
It’s why so many people are willing to kiss his ass. Because if you do it at the right time and you’re lucky, you get temporary control of the US government.
I don’t think Trump is an idiot anymore. I think he’s playing a persona just like Borris Johnson. It’s a cover for him. It’s not his stupidity that’s harming us, it’s his self-centered, ego and greed driven maliciousness thats destroying our futures.
He’s not a stupid person. He’s an evil person.
Oh my gourd please stop
He is a failed nepo baby whose only successes in life were being a hired hand on a reality tv show and accidentally stumbling into politics via undisguised racism.
He
Is
A
Fucking
Moron
The difficulty in convincing fellow Americans of this simple and obvious fact is the truly damning bit.
We’ve all been conditioned to not accuse our political opponents of being stupid.
For one, it can cause you to underestimate your opponents — you don’t want to be caught unawares of some secret plan.
Second, there’s an aspect of pettiness to just labeling your opponents dumb. Most often people attribute “stupid” to “I don’t understand this”. For example, the idea of it being stupid for poor people in Kentucky or whatever to vote against their interests and aid billionaires and oppose their own healthcare — when it’s not stupid, it’s a misunderstanding of how important identity politics are to these groups.
Third, there’s a pushback to the “Jon Stewart effect”, where we sit back and laugh about how our opponents are dumb and we smugly know we are smarter. This is an excuse to do nothing, and it’s an ugly impulse and we must fight it.
But all this conditioning — and more — has led us to a point where we can’t actually recognize stupid when it’s staring us in the face.
Your first point still applies anyway, though.
#notallAmericans
Intelligence is more complicated than binary. He can be a moron in most ways and a successful grifter in others.
You don’t need to be smart to be a grifter. It’s not doctors and scientists buying most of the snake oil.
The point was “smart” isn’t any one thing. I have a former friend who would be judged a moron in almost every regard. He’s a conspiracy theorist, obsessed with Alex Jones, believes thousands of idiotic lies. But at the same time, out of the correct history that he knows, he could run circles around me reciting it. I have a shitty memory, he has no bullshit detector
A talking monkey could stumble on phrases that make people clap and repeat them.
It doesn’t take that many smarts to respond to the pavlov effect. A dog can do it.
Never underestimate the enemy.
Over-estimating is just as dangerous. People – and our governments – keep getting surprised by this pattern of behaviour because we pig-headedly refuse to admit the truth.
In order for our countries to plan economic matters, and defense and intelligence and more – we need to expect the same patterns of stupidity and irrationality as we’ve seen demonstrated time and time again. This doesn’t mean all the actions will be stupid – folks like Putin other intelligent evildoers are in the mix of those who are manipulating the president. But they have shown a lack of ability to fully control the irrational behaviour from surfacing in policy whims.
Fool me once, shame on you. Fool me thousands of times… c’mon at some point we have to learn.
Yeah, honestly I used to view the likes of Putin as a rational chessmaster. Life is teaching me a great deal, especially that leaders are not powered by raw intellect. Rather, it is the willingness to be assertive that separates the ordinary person from a leader, be they good or foul.
Why not both? More often than not, evil favors bold stupidity over cautious thinking.
He could be insane and doing it for graft. He obviously sees himself like a mobster and tries to operate like one. My theory is he wants to individually negotiate tariffs to solicit bribes from businesses and foreign countries. It’s not exactly 4d chess. He just knows he has the power to pressure the richest and most powerful people on the planet, so he’s going to use that power to enrich himself and family. I don’t think he actually understands much about tariffs or much of anything though.
Also, the evidence of insider trading and market manipulation is pretty convincing to me. I don’t think that was the original intention, but Trump, or those around him saw the opportunity and took it.
!lemmysilver
Thank you for voting. You can vote again in 24 hours. leaderboard
Good bot
Really? What was their first clue?
A few hints here and there for sure.
The we’re only a few possible hint against him being a senile old moron. And they were probably when he was cranked on amphetamines.
If only we had 4 years of this exact behavior to judge him by to predict he may act like this…
8 years. He didn’t stop misbehaving after he was out of office.
I mean, by that metric, we’ve got decades of evidence
Somewhere a New Yorker is saying 70 years because this shitwad has been the same since he was in diapers.
He only got more insane during the stretch from 2020-2024. The insanity was on full display during the 2024 race. I don’t understand what’s wrong with our electorate.
I don’t understand what’s wrong with our electorate.
brain damage im pretty sure.
We joke but that’s real- measurable, and studied. Leaded gasoline was only phased out in the '90s. This is not a joke. Everyone born before the 90s in the United States has actual measurable mental problems due to being poisoned by THE AIR for the majority of their youth. This likely includes both of us. Source https://acamh.onlinelibrary.wiley.com/doi/10.1111/jcpp.14072
I think he became even more unhinged during the trials. Probably thought he could go to prison for a long time.
For the general election, Biden had a ton of inflation, which was extremely unpopular.
Well that and if only he had been honest about what his intentions were when he was running…
“Quietly fear”
motherfuckers, we’ve been saying this for 10 years…
Then stop talking and do something.
So we’re doing the 25th and then have tariffs on couches?
Does he know what a recession is? Genuinely asking. That would help understand this response.
His experience of the last couple of recessions has probably been:
- “The Markets, Politicians and Press do a lot of noise whilst poor and working people have to be squeezed even more whilst the Government makes sure rich people don’t lose any wealth and at the end of it we the rich are making even more money than before”
I mean, all that it takes is to look at the changes in wealth of the top 1% of the population compared to the rest in the aftermath of the 2008 Crash.
From his point of view a recession is a good thing because it and subsequent measures by the Government and Central Bank makes him even more money than “normal” times. Sure, it’s on the backs of the riff-raff, but who cares about the riff-raff when they’re so easy to lead by the nose?!
If he does it was explained to him repeatedly through a TV with lots of pictures
What do they mean by might be
seriously.
Did no one pay attention to his first term?
Hes an emotional, hyper-reactionary infant throwing levers to provoke reactions and to punish those who dare do anything but praise the glorious kissableness of his orange painted ass.
Theres no deep thought to it.
There is no 4d interdimentional chess moves.
There is no thinking.
There is just a monkey throwing shit for his own amusement.
He has that extremely annoying teenage boy need to pretend to be a badass, due to a massive insecurity complex and constant fear.
The problem is he’s an extremely entitled, privileged, and spoiled manchild whose daddy made him feel like he was worthless, and weak his entire childhood if he didn’t act as if he wasn’t a “Real Man,” and a “Killer” in business. He’s never matured emotionally beyond that. He has the mind of a frightened child.
And here we are, with him as the most powerful individual in the world. Fat Baby Jeebus help us.
Just look at how he posed with that bullshit “hard” face for both his mug shot and for his stupid photo that we now have to see hanging everywhere in official buildings.
For that mug shot they should have mussed up his hair and otherwise thrown him off and then snap the photo and capture the true essence of the man-baby.
explains why he gets on so well with Elon.
another emotionally stunted perpetually edgy wannabe teenager.
Childhood Trauma and possibly a broken dick due to a botched penis implant if Azealia Banks is to be believed.
The ruined dick isn’t the problem. If he wasn’t filthy rich, no woman would bang him due his repulsive, condescending, contemptuous personality. He was dumb enough to fire his PR team, then showed who he really was.
NO ONE likes him, except the young white boy DOGE “hackers” he pays to like him.
Musk is a misogynist. He convinces women to have children with him through IVF and they assume he’ll look after them forever. He then withholds money to control them and manipulate them to his will, because that’s the only way he can fuck a woman.
Yep.
That honeymoon is about to over, ending in divorce.
There’s no way that 2 manchildren that narcisssitic can share the spotlight. Musk will be evicted soon.
especially since everyone else in the whitehouse is long, long over dealing with Musk.
Yeah, that’s what I’ve read.
Like the attention seeking narcissist he is, he tries to funny for attention. But because he’s a psychopath who doesn’t truly understand human behavior, he doesn’t understand what is “funny,” and he’s insufferable.
I know some people like that.
and because they are an insufferable asshole with no understanding of human emotions, often times their idea of funny is just being an asshole to others.
Ironically, he is the poster child for why we need widespread, free mental health care. He is, loathsome as it is to say, a victim of his childhood trauma. Now we all have to be too.
What about the “marxist” Kamala Harris? We were told if she got in there’d be an immediate downturn. The cope is just to say either Biden goofed up so hard that’s why we are down OR it would have been worse under a democrat. This administration and its supporters have lots and lots of excuses.
Q: How do you know Trump is lying?
A: He opens his mouth.
What they mean is this:
“We spent a fortune to put this fuckin puppet in power, we had to work with every other sleezebag nation with the will to subvert democracy so we could get our golden-idol worshipped by the country’s stupidest peasants so we could deregulate the whole world via force if necessary, but it turns out the clown is so stupid he’s listening to the morons around him and not just our orders and now the market is crashing and the wrong people are profiting!”
I know it’s fun to circle-jerk around these headlines, but it’s a misdirection to give lay-people something titter about because it’s too difficult to explain what’s really happening. His behaviour actually is rational, he’s just an idiot.
For Trump’s entire life, the US stocks/bonds markets have mapped closely to market greed/fear respectively. When the market gets spooked, they turn to more conservative investments, and US bonds have historically been that. (Government bonds are typically seen as the least risky investment, because it’s unlikely that a country falls apart and fails to pay its debts).
Fast forward to today, the US has a bunch of debt that needs refinancing this year, and lately, we haven’t been getting good interest rates on our bond sales (which indicates people are seeing US bonds as more risky than usual). So Trump said, “no problem, we just need to instill a bit of fear in the market to drive investors to bonds, which will cause the interest rate to drop, so we can refinance our debt at a better rate.” So he announces a bunch of nonsensical tariffs, which tanks the stock market, and just like he expected the bond market saw a dip in interest rates…for about a day, followed by a sharp increase! That sharp increase is why Trump agreed to pause the tariffs. Not only did it not work how he thought, it would seem he exposed a pronounced decline in trust for the US’ ability to pay its debts. Instead of running to US bonds, investors ran everywhere else (gold, the Swiss Franc, the Euro, etc.)
I don’t know what his next move is, but I have to think he’s feeling a bit desperate. He’s going to probably try to up his “blame the Democrats for their spending” game, of course without acknowledging that he has also only increased spending (even with all of DOGE’s hard fought, and definitely not half-baked, budget cuts).
But all his strategies seem to be overt market manipulation, and nothing else. I feel like it really highlights the difference between someone who can create actual value using intelligent planning and innovation, and someone who is a capitalist leech who has fooled themselves into thinking that buying low and selling high does something useful for someone.
That still feels like too much thought/reasoning for him. I could see some other idiot connecting those dots and convincing Trump it was his idea. Or just Putin trying to crash the economy.
I can guarantee you have put way more thought into this than he ever has, or will.
His true masters have put more thought than that into it. They just can’t control him to the extent they thought. But it’s mostly working out for them.
There is nothing to be gained from assuming your opponent is not acting rationally.
Oh, he’s acting rationally from the perspective of someone who thinks he has all the answers and wants to throw his weight around. He’s trying to be a tough business guy to China and is only backing off when someone finally manages to explain to him that it’s a bad idea in terms simple enough that he can sit through them.
You can’t guarantee that at all. You want it to be true because it serves your own ideas and rhetoric but in reality, you have no idea what he has, hasn’t or will think about it.
I… respectfully disagree.
Every time I’ve made the mistake of thinking these idiots have some deeper plan I inevitably learn that there is in fact no plan.
Trump is old. He was desperate to get elected so he didn’t die in jail. He achieved that by promising to deport brown people, be mean to poor people, and implement tariffs. He’s doing those three things.
As regards the tariffs, he’s a kid kicking an ants nest to watch everyone scurry around. It pleases him greatly to be able to make some stupid post on truth social and watch the earth tilt on it’s axis.
He implemented the tariffs because he said he was going to and the yes-ken’s and yes-barbi’s told him “yes that would be amaze”.
You’re right, the bond market is what ultimately spooked him. When the interest rate volatility started climbing someone staged an intervention and told him how serious it was. He basically said that in the presser when he said people were getting twitchy or whatever he said.
However, there’s still no plan. That’s the only explanation for the on again off again flip flop don routine.
I don’t know what his next move is, but I have to think he’s feeling a bit desperate.
his only move is cutting spending (actually) raising taxes, and running a surplus. That and maybe dont be such a fucking dumbass.
Let me guess?
…but supported him because they wanted the tax cuts and any side effects of having monsters like the qons in charge they thought would pass them by…
“Might”?
It’s warranted. He might be insane or he might be insider trading and enriching himself and friends with his actions.
My non-existent money is on the latter.
Two things can be true at once. These animals don’t realize they’re pushing the rest of us into the arms of China. Going to war with them is suicidal, but America seems intent on swallowing her own lead.
Nah, these guys want a war. War is incredibly profitable, can last forever especially against a near-peer, and wartime presidents tend to get power expansions. They’re hoping this is the push they need to go full Palpatine and say “well we’re in a war, no elections until the war is done, also we’re taking a page from Lincoln and suspending habeas.”
Yep. I wish he was insane, that would be less damaging than it being his fucking personality
No shit, Sherlock.
An insane man surrounded by amoral, self-serving handlers and white supremacists.
Let me tell you, it’s really god damn annoying seeing people just now have “epiphanies” about shit a lot of us have known for decades now.
Cue the corporate news headlines for 20 years: “studies show trump was ‘bugfuck insane’ for much of his political life”
