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Joined 2 years ago
Cake day: July 7th, 2023
  • blady_blah@lemmy.worldtoPeople Twitter@sh.itjust.works•Wall Street, we have a problem.
    7·
    1 day ago

    Logically you would think the answer should be that money shouldn’t matter much, but it always seems to. It’s still a way of keeping score and a proxy for power. They’ve always longed for more money/power and as they get older and their brain slows down, they don’t suddenly change. What old billionaire have you seen says “you know what? I’m going to give everyone raises! I don’t need more money! We should all be happy together!” (Almost) never happens. They want more and more and more… and then they die.

  • blady_blah@lemmy.worldtoPeople Twitter@sh.itjust.works•Wall Street, we have a problem.
    54·
    1 day ago

    Okay, here’s my conspiracy theory…

    Now let’s say you’re Trump and the supreme Court has said it’s just about impossible to convict somebody of corruption in the US. You see that you’re going to be elected president and your goal is to figure out how to make a crap ton of money off being present. Now you can do the boring old s make dignitaries stay at your hotel thing or have foreign governments. Give Jared kushner a bunch of money… But that’s all pocket change. If you’re president, you can crash the economy. If you know a bunch of Rich Russian oligarchs who can short the market and you can tell them exactly when the market will crash then they can make billions… And you can get your cut too.

    This is why Trump doesn’t really give a shit why the tariffs are in place. That’s why he makes up bullshit answers when asked why the tariffs are implemented. He doesn’t care. … But he really really really wants to yank the market around. First he says tariffs happening, then he says they’re not, then they’re happening again. Every time the market goes up and down he can make a shit ton of money if he can accurately predict when it goes up or down.

    I can’t get this idea out of my head. It makes more sense than anything else I can come up with. There’s so much money to be made if you have the power to yank around the u.s. economy and enough narcissism to not give a shit about the people hurt in the process.