ThisGuyGetsIt @ ThisGuyGetsIt @feddit.uk Posts 0Comments 8Joined 5 mo. ago
U.S. stocks see biggest 2-day wipeout in history as market loses $11 trillion since Inauguration Day
Nah dude, there's more to it.
Step 1: already have a fortune put away in the US stock market.
Step 2: promise a business friendly environment after the election
Step 3: get elected
Step 4: sell off your stocks while confidence is high and market is on the up
Step 5a: put all your money on shorting index funds with the highest possible leverage
Step 5b: impose tarrifs
Step 6: use aggressive foreign policy to prevent foreign buyers from acquiring a share of the now discounted US economy.
Step 7a: settle short positions get infinite money (Trump will have leverage that us plebs cannot comprehend)
Step 7b: stabilise economy
Step 8: use infinite money to buy significant chunks of the US economy
Once all steps are complete trump is king in all but name even after he leaves office.
As much as if hate to admit it, the orange clown has pulled a massive big brain play. It's terrifying what he could be planning next.
The Kennedy's made their fortune shorting the US economy during the Great depression.
Everything Trump has done has been calculated. I'd be willing to bet my left testicle that his gambling most of his fortune on heavily leverages shorts. He's trying to create the greatest possible depression because that will make him the most amount of money.
He knows exactly when he will cut his bullshit so he will settle his short right before making the announcement. Then with all the money he essentially stole from the population he will then buy up large chunks of the economy (and so will his buddies).
Once capital is even more heavily controlled by the upper classes the only recourse left will be violent revolution. All speculation. But that's what I would be doing if I was trump trying to install a true autocracy.
The Kennedy's made their fortune shorting the US economy during the Great depression.
Everything Trump has done has been calculated. I'd be willing to bet my left testicle that his gambling most of his fortune on heavily leverages shorts. He's trying to create the greatest possible depression because that will make him the most amount of money.
He knows exactly when he will cut his bullshit so he will settle his short right before making the announcement. Then with all the money he essentially stole from the population he will then buy up large chunks of the economy (and so will his buddies).
Once capital is even more heavily controlled by the upper classes the only recourse left will be violent revolution. All speculation. But that's what I would be doing if I was trump trying to install a true autocracy.
I'm from Poland, and my family suffered to help end communism over there. In my view, late stage communism and late stage capitalism have similar pitfalls, i.e., centralised control over the means of production, a small entrenched elite, and massive failure of price discovery (goods under communism vs wages under capitalism)
Early stage capitalism and early stage capitalism before all the horrible shit comes out are a comparatively nice creature. That's why constant revolution is central to maintaining a decent life for the working classes. Any entrenched elite ends up being scum it doesn't matter if what the economic system is.
They were colonised. During the soviet Union there was a rabid russification program. Back in like 2020 something like half of all cars in Latvia were on Russian plates. The anti communist sentiment is muddled with anti Russian sentiment. The baltics are a productive region, and during communism were having their wealth extracted to be used in the heartland to raise the living standards of less productive regions. Equity under communism was making them poorer. Communism doesn't help everyone. Communism didn't help the romanovs and it certainly didn't help the baltics. Communism is an ideology that appeals to the worst off in society. As far as the union of Soviets go, the heartland and Kazakhstan gaining the most while Eastern Europe got royally screwed.
Oh and by the way fascism comes from the Italian fascismo meaning removed (as in the bundle of sticks made in to a broom) it symbolises that one might be weak but together they are strong. Fascism is national socialism with emphasis on nationality/race. It's an evil ideology that the baltics as a rule reject in favour of Liberal capitalism.
Please stop using Fascism as short hand for late stage capitalism.
Have you listened to the Jamie Loftus podcast on mensa?
It demonstrates both ends of the argument beautifully. Very insightful show; I hated the presenter afterwards but I think her insight would mesh well with your point of view.
I don't think trolls are in any way relevant to the moderation debate. People have the right to be stupid and other people have the right to talk shit about opinions they perceive as stupid. If you don't want someone who potentially is going to shit on your opinions don't post those opinions on a public forum.
I miss the wild West cluster fuck internet. Things were calmer when everyone was arguing with eachother. People came away from debates with the same opinion but at least learned a thing or two along the way. The sad thing about moderation and censorship is that there's unintended consequences when we apply half measures. I my opinion moderation is an all or nothing deal. I'm on the don't moderate anything and let people have shouting matches end of the spectrum.
When there's minor moderation people self censor and it's hard to gauge someone's true opinion, which in my is more harmful than full censorship where you tow the party line; because everyone knows the party line and can figure out what is actually being said.
Started on lemmy today after reddit perma banned my 14 year old account for breaking the first rule of reddit. I may have told some to kill themselves. I'm definitely in the wrong but I don't care I'm taking the ban personally and never using it again.