this post was submitted on 03 Apr 2025
43 points (92.2% liked)

50501 General

465 readers
1 users here now

General Discussion

founded 1 month ago
MODERATORS
 

The stock market just crashed by 2 trillion! This is the Republican Recession folks!

you are viewing a single comment's thread
view the rest of the comments
[โ€“] Fingolfinz@lemmy.world 2 points 1 week ago (1 children)

Everything he can to funnel all the money to the ultra rich

[โ€“] ryven@lemmy.dbzer0.com 1 points 1 week ago

I don't think this makes sense. The ultra rich own multinational corporations whose operations will be inhibited by tariffs and trade wars. They're in favor of free trade because it lets them extract the maximum amount of wealth from the largest number of people. I think he genuinely doesn't understand how international trade works and thinks the US loses money, and therefore power, when people/corporations buy international products.