this post was submitted on 08 Nov 2024
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[–] DarkCloud@lemmy.world 60 points 6 days ago (13 children)

Trump/Musk have announced a plan similar to Argentina where they cut a bunch of public services and refuce the functions of government:

https://www.independent.co.uk/news/world/americas/us-politics/elon-musk-economy-trump-hardship-b2637850.html

....part of the plan is to crash the economy and cause 'hardship'... And they're more than likely going to do a massive transfer of wealth in the process. hedge funds use this tactic all the time, get your money ready, collapse a stock, buy it at a lower price, be wealthier when it returns.

They're going to do that with the whole economy. They want to own the whole pie.

[–] TheBrideWoreCrimson@sopuli.xyz 7 points 6 days ago (2 children)
[–] Formesse@lemmy.world 4 points 6 days ago

When the dollar has lost 99.9999% of it's value, not just 97%. (as compared to 1970 vs. price of gold).

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