I mean… what did you expect? His plan from day 0 was to tariff everyone and obliterate the government’s ability to function. You REALLY can’t feign ignorance and surprise when he does that.
You definitely can. It’s psychotic but that’s how MAGA operates. They all have their individual interpretation of what Trump means when he says things they don’t like. Then when he does things they don’t like they pretend they knew he was going to do it the whole time and it’s actually their favorite thing about him. God damn cultists.
Bullshit. A significant % of the US population is still cheering this on. Nothing will change.
Damage is done… Thanks will voters that make a choice without factual context or the “protest non-voters” that thought the sidelines sent a message
The voters fucking love him. are you kidding me? fuck this fake news bullshit. voters lick this guy’s asshole
The news is so entertaining now!
US vs Mexico & Canada! Yeah that’ll teach those guys who is the BOSS!
US vs Greenland! Maybe the country will look super big on the map after this?! Exciting!
US vs Public Servants! Yeah fuck those leeches getting paid with MY taxes!
Total divorce from reality and practicality. The only thing that matters is the show being put on for them while our pockets get picked.
Yes, my BiL is a-okay with everything so far and is not shook in the slightest. It is mind-boggling.
It’s cause Fox is telling them how great everything he’s done is. They aren’t seeing the reality.
A couple of years ago I tried talking to him about branching out with his information sources. It obviously did not work. Nothing that president Musk and his lackey trump are doing would appear to affect him (yet) so there’s zero empathy for anyone who is.
I’d love to shake him loose from this, but I don’t really know how. I don’t have much skill in breaking cult worship.
Social Security and Medicare cuts are my last hope for breaking the spell.
Oh nonono. You break it, you buy it - 4 years of hell will hopefully teach you damn cultists to fucking never ever do this again. Or choke on it, as long as it’s over I don’t care either way.
He broke the country 8 years ago and the majority blamed Biden because it wasn’t all immediately fixed after their regret.
That’s the beauty of all those Executive Orders, they hurt rather quickly. But yes, I agree that those modern goppers ride on the wave of the previous Democrat’s economic policies, while the next Democratic president has to pull the country back from the bog.
Democrats getting blamed for not fixing Republican fuck-ups.
Truly a tale as old as time.
And democrats giving everyone a reason to not vote for them. Turnip didn’t win the last election, the dems gave it away.
If only Kamala had promised everyone a pony I would have been motivated to go out and vote against fascism.
She really should have. Trump had no shame lying about everything. You can’t counter that. After the election is over, you can point out the lies but by then it’s too late.
There is no downside to lying because the mainstream press is fully right wing.
Man who threw molotov cocktails at gas station blamed for explosion.
Sounds about right.
Crowds cheer as arsonist blocks and tells first responders and fire fighters to leave and not do anything as gas station burns … even as experts warn that the stations fuel tanks are about to explode.
Lol, fucking Trump bump? The minute that fucking clown was sworn in the markets fucking tanked. Markets were fucking killing it under Biden, I was up over 60%. Since Trump was sworn in, I’m only up 30%.
The only Trump bump is the one in the ass of his pants with he’s shit his diaper
I’ve seen more “straight” white men willing to get down on both knees for this guy and let him do as he pleases. These single-digit IQ people will go to the grave thinking he’s the guy. It’s pathetic.
He can fuck it all up, and they’ll still somehow manage to blame Democrats. I have yet to see any people who voted for him actually come to say they regret it. These are not critical thinkers. Republicans won in the early 2000s when they began gutting public education.
5% is a free fall? They’re going to run out of superlatives next month.
Lemmy User Slams Rawstory
Lemmy user verbally eviscerated in legendary comment thread [xpost MurderedByWords CleverComebacks]
Reported sightings of a Pegasus
I seem to remember visiting their homepage last year sometime, and every headline was some variation on [Name of politician][aggressive verb][target of ire][reason for the spat], e.g.:
- “John Bloggins slams Joe Blow for wearing a plaid tie”
- “Mary Sue rips Judicial Committee for goat scandal”
- “Peter Flarking haymakers Geraldo over unreturned library books”
“MAGA republicans slam Trump for …” and your read the article and it’s one isolated tweet from some rando nobody heard of before.
Are you surprised!? It has always been based on feels unless you think (check notes) Telsa is worth $360 per share.
I know, right? If you look at the PE ratio between say, Ford, and Tesla, it’s almost comical.
Shhhh the cybercucks might hear you.
Cybertrucks can’t hear very well. They have rust in their ears
Wait til these idiots try to abolish the FDIC.
People know that banks engage in all sorts of complex, stupid, and risky financial derivatives engineering. The only reason anyone has confidence in the banks is due to FDIC insurance. If they fuck with that, it will trigger a run on every bank in the country. I imagine Congress would step in to stabilize things, but it could be quite hairy for awhile.
Honestly, right now, for those who are able, keeping a decent chunk of cash in your mattress is no longer the game of cranks and weirdos.
I imagine Congress would step in to destabilize things, but it could be quite hairy for awhile.
I assume you meant stabilize, but given that Congress is controlled by Republican freaks, I’m unsure.
You are correct on both counts!
Honestly, right now, for those who are able, keeping a decent chunk of cash in your mattress is no longer the game of cranks and weirdos.
Another smart idea is moving cash out of the dollar.
Another smart idea is moving cash out of the dollar.
I’m personally not too worried about a complete collapse of the dollar. People like to pretend that the dollar isn’t backed by anything simply because it isn’t exchangeable for gold. But it is backed by something. It’s backed by the combined economic output of 330 million people, the largest or second largest economy in the world (depending how you measure), the most powerful military in the history of the world, and a terrifying arsenal of 5,000 thermonuclear nuclear warheads. Ultimately THAT is what the dollar is backed by.
You could collapse the banking system and wipe out everyone’s savings, but the fundamental foundations of the value of the US currency would still be there. The military would still exist. The vast resources, infrastructure, and human resources of the populace would still exist, etc. I personally do not think it likely that the currency will simply disappear. I’m more concerned about a mass bank run scenario than money literally becoming worthless. If anything, such a crisis would likely be deflationary rather than inflationary. It’s possible the value of American dollars would actually soar in that scenario.
But if you do want a hedge against complete currency failure, I understand. But I would be specific about what “out of the dollar” really means. It doesn’t mean gold or bitcoin. Bitcoin and other crypto is already a huge bubble, and it’s propped up by the same clique of tech bastards that risk crashing our economy right now. If the tech bros crash the banking system, going into a store and trying to pay for something in crypto is likely to see you lynched.
As for gold? Actually paying for things in gold in a crisis is a right-wing prepper fantasy. An amount of gold equal in mass to a penny is worth about $250. It’s just too valuable per gram to be usable as a currency. In ye olden days, they did use gold as a currency in some times and places, but people had the infrastructure to handle it. How many stores have you been in recently that have fine milligram scales at their checkout counters? Do you have the tools to handle small quantities of gold dust? Gold may be useful as an investment vehicle to whether a crisis. But in terms of actually buying the essentials of life during an economic crisis, it’s useless.
If you’re worried about the dollar itself collapsing, look at what’s happened in countries that actually have had their currencies collapse. Look at countries like Zimbabwe. When currencies collapse, people don’t start using gold or other precious metals. They tend to just switch to other currencies that haven’t collapsed. People in Zimbabwe didn’t switch to gold. They instead started using American dollars, Euros, and the currencies of adjacent countries.
If you’re in the US and worried about dollars themselves becoming worthless, you should keep a stockpile of Canadian dollars, Mexican pesos, Euros, Chinese Yuan, etc. I think Canadian dollars and Euros would probably be the the currencies that people would most likely accept in the event of a complete collapse of the US dollar.
Most people have no idea what FDIC is. They have confidence in banks because “that’s where you put money”. They have no concept of what their personal bank failing would mean.
If Musk said he was shutting down the FDIC, the vast majority of people wouldn’t care until after their bank failed. By then it would be too late.
What should paycheck to paycheck people do (serious question)?
