Brian Krassenstein
BREAKING: "Trump just announced an additional 50% tariff on all Chinese products, going into effect on Wednesday unless China reduces their tariffs on us.
This would means a 104% tariff on China if they don’t meet the deadline tomorrow.
This is financial terrorism."
MAD AS A...
32 comments:
Chris Hayes:
"The worst catastrophes of history are caused by men who are malevolent, ignorant, and have exceptional wills."
Some countries have leaders . We have a tariff terrorist,
Voted in by terror tariff terriers. A lot of t crossing for evangicals.
...country tis of thee, sweet land of misery.
Trump is perhaps one of, if not the most ignorant blind ruler since Nero who fiddled while Rome burned.
His ignorance and stupidity is truly legendary. Future generations will be studying his monumental errors as a guide how not to do business or goven.
He will get his name in the history books but it will not be as his delusional mind thinks it will be.
George Soros is an Alchemist, not a Truth Seeker.
When George Soros famously shorted the the pound sterling in like '92 or whatever, which led to him writing "The Alchemy of Finance" where he said that "Alchemy is not interested in truth like the scientific method, it's interested in operational success." The method he said that they used to do the Alchemy of Finance was reflexivity. The idea is that you start jinning up an idea and make the idea become true because everybody starts talking about it and believing it in a particular way. So "the current thing" takes place in a reflexive environment (often Social Media).
Trump has learned a lot about alchemy as well. He uses reflexive environments very effectively. Notice how every controversial thing that Trump says instantly becomes "The current thing"...
You just described what Trump and his stupid trade wars are. His courtiers in Congress are "jinning up" Trump's stupid idea in order to make it become true. Every knowledgeable economist in the world knows that what Trump's doing is colossal folly.
How did this country allow such a stupid man to lead it.
That would require some self-reflection on your and other Trumpers' part, would it not?
"CNBC flash survey of CEOs 69% expected a recession, with 37% saying they expected to cut jobs this year.
“Disappointingly stupid and illogical,” one CEO said. “Without faith that our government knows what it is doing, it is impossible for businesses to thrive.”
Mad King Donald wrecking an economy that was the envy of the world. And his followers still believe he's going to make America great.
You gotta hand Trump this: He is the capo di capi of con men. He believes in his own stupid ideas and then sells them to his gullible courtiers and cultists.
How did we go from being a smart technological, scientific country to a bunch of dumbasses who willingly follow a con man off a cliff?
Again -FJ?
Do you ever have an original fact informed opinion? Ever? How is Soros, the whipping boy to the MAGA extremists even relevant here?
What we're talking about are tariffs, specifically yhe Trump tariffs which apparently, based on statements from numerous admin officials, cabinet members and spokesppl are no based on any coherent rationale.
And which you, like the rest of your MAGA cheerleader squad are unable to even try to offer a positive case in their support.
threat of 100%+ tariffs on China - a bull in the China shop and a Bear in the stock exchange. As for FJ and the years old Soros conspiracy, what does he make of Musk, Bezos and Zuckerberg millions- petty cash?
Trump doesn't learn ANYTHING. He gets attention because of his colossal stupidity. A majority of Americans and citizens in other countries are amazed that a once respected USA would elect a moron to lead them.
As is usual, -FJ will link to obscure quotes about irrelevant psychological behaviors instead of addressing the post.
Yes, the same ones you refuse to post because they explain EVERYTHING that's going on.... Trump's "alchemy" of finance.
...and irrelevant? You're trapped in a frame of Oedipal thinking. Conspiracy theories are the names of solutions you refuse to consider in solving the vicious cycle of national-debt driven 'austerity'.... a solution to the China trap and zero-sum one-sided tariffs and currency manipulations that the middle class has never recovered from.
The lid has finally come off of Pandora's jar for the first time in decades. We have yet to see what evils fly out along with "hope" due to the incommensurability of values which must lead to "the common good". For what's good for the Goose (Corporate Wall Street) is NOT the same as what's good for the Gander (Small business on Main Street).
Musk, Bezos, and Zuck will get theirs once people experience and reach peak "Future Shock", understand the Tofflerian "Power Shift" that precedes "The Third Wave" rolling in, when the Technofeudal Lords are forced to make way for the economic Cloud Vassals and Cloud Serfs.
“The illiterate of the 21st century will not be those who cannot read or write, but those who cannot learn, unlearn, and relearn.” - Alvin Toffler
The Madness has only just begun.
Oedipal pedable --
"Conspiracy theories are the names of solutions you refuse to consider in solving the vicious cycle of national-debt driven 'austerity'."
More than a month after House Republicans surprised Washington by advancing their framework for Trump's $4.5 trillion in tax breaks and $2 trillion in spending cuts,
Funny math and magical numbers. The strength of the republican mystics.
What they need is a different and settled intelligent guru.
Minus FJ = if you find yourself in a deep trumphole, keep digging. You'll get out eventually. And then prosperity will be bestowed upon all! Then (finally) we will all be sick of winning. Or America will be seriously economically damaged. Either way, it's good.
Fj, Why not just say what you want to say. No one has the time or inclination to go on your scavenger hunt of links.
I did. Then I put the "receipts" for what I said in the links.
Nope... not Oedipal... Schizoid (Deleuze & Guattari). The belief that America can keep digging its' corporate globalist empire hole is Oedipal/utopian belief. Bin Laden was the first response. Russia's the 2nd.
Corporate globalism is the hole... and you keep on digging.
Say's the loyalist to a 6 times failure in business. As well as a failure as a human being.
The Orange Emperor Without Clothes is, and will continue to be, an accomplished failure until he meets the Grim Reaper.
Unfortunately millions upon millions are now being affected by his ignorance and abject stupidity.
We live in globalized world and attempting to relive 1776 in the modern world is a sure path to ruin.
But, the "man: who knows what he doesn't know barrels headlong into the abyss.
Joe... I'm not sure it's "Corporate globalism" that's the problem. I think it's public ownership of corporations fueled by our greed.
The simple fact that "we" own these corporations, through our 401k's et al, I believe is the root of many of our ills. Here's the scenario we all face everyday we go shopping.
We go into a store and need help finding a specific item and there are no ppl working on the floor. We finally find the item and head to pay for it, and it's all automatic registers with long lines staffed by one employee. We head home and then write a blog post complaining about the poor service in stores across America, the lack of employees and how crappy the experience was.
Then we get our mail and see that our shares of Lowe's or Kroger where we were shopping grew and we're singing hallelujah, because we're richer.
And we never see or think about the connection.
The law demands that companies prioritize short term profits and gain over long term, steady growth, or the board is removed and a more compliant BOD, with our proxy votes, is seated.
Some ppl call it corporate greed. It is. But it's also American greed. And the fact is, we all love life when our wallets are full.
That's the hole we keep digging.
The solution? I don't know.
The problem: ignorance and greed. Capitalism has become its own worst problem. Unless modification is made I believe it will become its own ending.
Just like MIT's FabLabs bring the receipts for the Tofflerian prosumer of the future.
With a FabLab in every garage, corporation be come obsolete. Ever man becomes a Prosumer. And every product is known and available to every other Prosumer on the Planet. Commercial activity becomes a rhizome again, just like it was in 1776.
Capitalism's already dead. Technofeudalism is everywhere... and the peasants (aka Cloud Serfs) are despicables (revolting)... they "stink on ice" (History of the World PII).
That is a why, in my considered opinion, Democratic Socialism is the next step on the road to true opportunity and equality.
"That is a why, in my considered opinion, Democratic Socialism"...
👍Ayn Rand would be horrified👍
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