"I am going to take over the world"
"And they will pay for it"
-Some idiot apparently
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"I am going to take over the world"
"And they will pay for it"
-Some idiot apparently
Wow, they tanked *checks notes* 1.6% and 3.6%. Woooow
They probably shorted them first
Are you kidding .... who the hell believes anything this idiot says any more. If any one does, then you are just as dumb or dumber than this orange cheeseball.
He is the master of deception, lies and misdirection .... he'll say one thing, everyone panics and runs around scared or angry and while they panic, he goes behind everyone to pull off some cheesy lame ass scam that would have been easy to stop otherwise but he gets away with it because everyone is preoccupied.
The stocks will jump up and down at his every whim and because he is the one directing the show, he'll profit by betting on when the fall occurs and when the rise returns. He'll skim off everyone's wealth over and over again until we're all bled dry.
If Trump fucks with the rich folks - those who have their hands in the pocket of our tax dollars - we'll be talking about President Vance next week.
i agree.
our defense budget is larger than the next 9 defense department equivalents in the world combined.
Tariffs, military spending, deportations, fossil fuels - did he fire his economics person?
Could it be a power move to pressure the military and try to have it approve fascism ?
also: defense in USA ~3% of GDP
https://en.m.wikipedia.org/wiki/United_States
The United States of America (USA), (...) is a country (...)
https://en.m.wikipedia.org/wiki/United_States_federal_budget
2024 GDP $29.168 trillion
2023 defense ~$0.8 trillion (~2.74% of GDP)
...so, above the 2% NATO target.
just last month lord diaper reiterated again that nato members should be spending five percent gdp on defense (up from the treaty's two percent). he's been whining about this one for like a decade now.
now he wants to spend less than even that two percent.
i think someone in the admin shorted some defense stocks, and this asinine statement is just to make a quick buck.
... or is this money thing just a distraction ? ... if they are going for fascism and totalitarianism ... if they get it, they won't care about money, once they have uncontested power. I say they are close to this point except for maybe the military who may oppose them.
My mind came up with a terrible what-if today:
What if Musky is becomes the first trillionaire in the next year or two and then deploys a Tesla-bot army?
well, tesla already was given a $400 million contract for armored teslas, so...
Full autopilot* killbots
A Tesla bot army would make the Russian military look good
For his own sake, he should hope that his bot army performs better than his swastikars.
He wants to annex Canada with half the war machine funding?
He is literally a fucking moron.
Seems like the strategy is for us Canadians to feel so sorry enough with the state of affairs over there, that we'd join the states out of sympathy. Nice try.
Sure, piss off the industrial war machine. WCGW?
you think hes not gonna just send nukes and sharpie 51 over it on the map?
Yes please cut defense spending in half.
holy shit the stopped clock is on the correct time. too bad it wont actually happen
Well, even if defense spending were slashed, the current oligarchy is gutting health, education, environment, and occupational programs, so those "savings" won't be reallocated to anything actually beneficial to society. We'll be lucky if that money even stays in the country. We're basically witnessing an estate sale for a deceased America.
There was a post just a day or so ago that was basically saying it was time to buy Raytheon:D
Who's to bet a load of shares get bought up, then suddenly this announcement is rescinded?
I bought lockheed martin call options after the way the steel markets rebounded
Edit: just checked volume on LMT. 2.4M today vs an average of 1.35M. Yeeeeeeah. Lot more buyers than usual today
Everybody was panic buying ! Those stocks were fast as lightning!
In fact the buying was a little bit frightening.
Everybody was kung fu fighting.
Playing the market based on the insanity dripping out of this guy daily, not a bad plan. If only there was some actual rhyme and reason to what he does.
I was already going hard on AI stock, then day of inauguration when he sent the clear message of where tech companies stand in running this country I dumped ALL investment money into AI stock. If I have to live in this hellscape I better at least get to retire in it.
My brother, have you heard about the benefits of diversification? If you want to retire at all, don't put all your eggs in one basket.