I’m legit wondering who even profits from Trump’s politics?
If regular people are getting fucked and billionaires lose wealth and the stock market tanks, who comes out on top?Apart from the European military industrial complex?
Anyone who plays it right:
https://en.m.wikipedia.org/wiki/Short_(finance)
Bonus points for anyone with insider information.
The on again, off again tariffs are a great way for Trump to exploit insider trading for his own benefit. I have not seen a single journalist cotton on and most of the Left are circle-jerking about him being stupid. He is evil.
Its all losses on paper, unrealized losses.
I could see them all coming out ahead in some other way, tax minimization, write downs/write offs, other financial methods not accessible to normal people that don’t have a fleet of accounts and tax lawyers on retainer. And they’ll all be ready to profit massively during and after any future crash.
The cynic in me says that they all have a bunch of call/put options, algorithmic high frequency trading and dark pools at the ready, or other bets that’ll make them massively rich and any upcoming stock market crash is calculated and planned by influencing a bought president. Maybe that’s giving them too much credit but the people that advise these billionaires and the president are definitely ready to profit off of whatever is coming.
I don’t know. I were filthy rich, I for one probably wouldn’t mind a small (and quite likely temporary) hit on my net worth if it means I get to buy promising upstarts and some of my competitors for small change because they’re now grossly underfunded/undervalued thanks to the crash.
But then again, I’m a cynic, and probably just projecting here.
Really? Because if I had even a fraction of their wealth, I would stop working and just enjoy my life because I already had far more money than I could ever need. I would fund passion projects, and give away money to causes that I believe are important.
These are not normal people. It’s never enough for them.
All cynicism aside, so would I, probably. What good is immense wealth if you don’t use it as a means to gain happiness?
As much as it pains me to say this as a decades-long passionate M$ hater, Bill Gates is doing something right there.But you’re right about one thing of course …
These are not normal people. It’s never enough for them.
Do you reckon that some people voted for Trump just because they knew he was so incompetent that he would inadvertently fuck shit up for everyone, friends included - and that there are enough disillusioned people in the US fed up of any semblance of the status quo (progressive or otherwise) who just wanted to watch the world burn as much as they’re suffering?
A vote of pure spite and nihilism
I was writing that it’s not a bad price to pay to establish a feudal system where you’re part of the oligarchy, but honestly, what do they need more than they already have? The current system gave them everything they could ever wish to obtain.
what do they need more than they already have?
These people have an illness. They wouldn’t be billionaires if they didn’t have an all-consuming desire to obtain and hoard wealth and power at all costs.
