this post was submitted on 03 Apr 2025
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The stock market just crashed by 2 trillion! This is the Republican Recession folks!

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[–] cronenthal@discuss.tchncs.de 38 points 6 days ago* (last edited 6 days ago) (2 children)

Everybody always tries to come up with a logical explanation instead of accepting the hard truth: Trump really believes the nonsense he is spewing and is too dumb to understand his folly.

[–] Pilferjinx@lemmy.world 10 points 6 days ago

"He can't be that stupid, can he?"

[–] Telorand@reddthat.com 7 points 6 days ago (1 children)

And I think he doesn't care. Too dumb and too busy self-aggrandizing.

[–] tamal3@lemmy.world 4 points 6 days ago

We're paying attention! That might be all that matters to him

[–] casmael@lemm.ee 19 points 6 days ago

Literally trying to crash the economy so that his rich buddies can buy everything for what they like to call ‘penis on the dollar’ iirc I don’t know what that is though, I’m just a peasant farmer 🧑‍🌾

[–] Jhex@lemmy.world 5 points 6 days ago

... a fool of himself, the one trick he has perfected during his lifetime

[–] Irelephant@lemm.ee 48 points 1 week ago* (last edited 1 week ago) (2 children)

How the fuck do you make the dow jones go down by over a thousand in just one day?

nevermind this (i have been informed that it is fake. Apologies for spreading misinformation):

As always, the only way to win a trade war is to not be in one.

[–] TriflingToad@sh.itjust.works 18 points 6 days ago

that one's not real but this one is

[–] Tempus_Fugit@midwest.social 36 points 1 week ago

Just FYI, this is a fake tweet.

[–] homesweethomeMrL@lemmy.world 37 points 1 week ago (4 children)

Q: Which country does NOT appear on the tariff list?

[–] madcaesar@lemmy.world 4 points 6 days ago

Lol 😂 Serbia!! Kind of funny since there's tons of fascist loving dick bags there. They must be making the pikachu face right about now

[–] werefreeatlast@lemmy.world 2 points 6 days ago

Is it the ruzzian nazi assholes?

[–] floofloof@lemmy.ca 25 points 1 week ago

Krasnov knows where his loyalties lie.

[–] FundMECFSResearch@lemmy.blahaj.zone 3 points 1 week ago (1 children)

What is the first column with percentages?

[–] homesweethomeMrL@lemmy.world 8 points 1 week ago

Deep Maths!

The method used to calculate the most important numbers in international trade, politics and economics has left some of the world’s leading experts shocked.

For each country, the White House looked up its trade in goods deficit for 2024, then divided that by the total value of imports. Trump, to be “kind”, said he would, however, offer a discount, so halved that figure. The calculation was even distilled into a formula.

For example, take the figures for China:

  • Goods trade deficit: $291.9bn

  • Total goods imports: $438.9bn

  • Those figures divided = 0.67, or 67%

  • And halved = 34%

[–] thrillhouse@50501.chat 21 points 1 week ago (1 children)

Intentionally driving us off a cliff…

[–] Fingolfinz@lemmy.world 11 points 1 week ago (1 children)

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

[–] ryven@lemmy.dbzer0.com 3 points 6 days 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.