this post was submitted on 16 Dec 2024
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Summary

U.S. CEOs and business executives are alarmed as Donald Trump remains firm on imposing high tariffs on U.S. allies, despite warnings from economists about potential economic harm.

According to the Wall Street Journal, Trump’s late-night social media announcements have blindsided both his advisers and business leaders, leaving them scrambling to react.

While Trump consults some advisers, like Marco Rubio and Treasury pick Scott Bessent, his unilateral approach limits their influence.

The uncertainty has left business leaders struggling to find ways to alter his stance on trade policies.

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[–] [email protected] 68 points 2 days ago (1 children)

Anyone else feel like the goal IS inflation?? I feel like they're trying to contrstruct a Weimar Republic situation with this to push people further right. I hope I'm wrong, but this feels like they're really trying to come up with an excuse to kill a lot of people.

[–] [email protected] 30 points 2 days ago (1 children)

My belief is that inflation benefits trump personally since it devalues the mortgage debt on his real estate holdings, while increasing the nominal value of those properties.

[–] [email protected] 16 points 2 days ago* (last edited 2 days ago) (3 children)

It's all about that sweet sweet crypto.

And bankrupting the US.

The guy that put Vance in the white house, musks buddy, PayPal mafia alumn, dark-right libertarian tech bro, Peter Thiel, is betting on btc hitting 4 million (but the dollar needs to collapse - as planned)

Lots of movement from red states and R Congress critter toward btc these days, too. Surely coincidental.

I posted a lot of links to his own words, goals, and plans, and to reports about his doings.

https://lemmy.ca/comment/13364820

He's probably the most powerful person most people have never heard of.

Oh, and another thing people don't like to hear: the bilderberg are real, and he's one of the guys who does the invitations and decides which topics are discussed.

https://www.bilderbergmeetings.org/background/steering-committee/steering-committee

https://en.wikipedia.org/wiki/Category:Members_of_the_Steering_Committee_of_the_Bilderberg_Group

https://www.inverse.com/article/25317-peter-thiel-bilderberg-group-donald-trump-new-world-order-conspiracy

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[–] RagingRobot 42 points 2 days ago* (last edited 2 days ago) (3 children)

He has already shown them what he wants them to do.

Just donate $1 million to him and he will help your business

[–] MapleEngineer 8 points 1 day ago (1 children)
[–] [email protected] 8 points 1 day ago (1 children)

See? The poor billionaires suffer inflation just like everyone else. /s

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[–] [email protected] 68 points 2 days ago (1 children)

Maybe your dumb asses should have been railing against this a long fucking time ago.

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[–] Maggoty 63 points 2 days ago* (last edited 2 days ago) (1 children)

Didn't he literally campaign on these tariffs?

Where were these titans of industry in October?

Link

Yup. This is not a new thing. If these guys had lined up to say this at a microphone during the campaign it could have had an impact. But no, they thought they could just control him after the fact. After having seen how uncontrollable he was during his first term. This is what happens when you equate wealth with intelligence. You get dumbasses who think they're playing 5d chess.

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[–] WoodScientist 63 points 2 days ago

The German corporate elite thought they could control the last guy as well...

[–] [email protected] 24 points 1 day ago

I'm going to laugh so hard if Trump has an "apparent suicide" and at least one cop says it's not suspicious, if they can do it to whistleblowers who risk their profits, surely this qualifies?

Not saying it's likely, just that I absolutely will laugh, probably for days.

[–] [email protected] 12 points 1 day ago (3 children)

Man... Side with Trump, side with CEOs. This is one of those "Can't both teams lose" situations. Ha

[–] chiliedogg 5 points 1 day ago

When the economy tanks, stocks plummet, and a million people lose their homes, these assholes will buy up even more houses and stocks cheap.

Then they'll end the tarrifs, pat themselves on the back for saving the economy, and sell high.

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[–] fluxion 46 points 2 days ago

You let the fox in the henhouse. Why would he listen? He's not planning to win over hearts and minds

[–] [email protected] 10 points 1 day ago

Let's see, he could not impose tarrifs and make everyone happy that he's not going to burn down the economy OR he could impose tariffs, shut down taxes on the ultra-wealthy and embezzel/stock trade his ass back to billionaire with cash on hand.

he DGAF what anyone wants unless they're going to make him significantly richer.

[–] [email protected] 11 points 1 day ago

Oh no! The leopards are eating faces! Who could have foreseen this?

[–] [email protected] 38 points 2 days ago (9 children)

Well shit. I hoped it was just bluster, but if he's serious it makes a lot of sense.

The 0.1% gain wealth whenever economies crash. He is obviously going to try to crash the world economy so fat cats can buy assets for pennies on the dollar, including entire developing nations. Then the fed prints a gazillion dollars and bails it all out.

Greedy pigs get fatter, the rest of us get leaner.

[–] [email protected] 27 points 2 days ago (2 children)

I hoped it was just bluster

You understand he was president before, right? And that he did this before? Like, he's a totally known quantity, and he's going back to where he was in 2019.

[–] [email protected] 25 points 2 days ago

this dude killed 300,000 americans and people are somehow surprised that he's unbothered by the prospect of killing untold vast swaths of people now that it's been demonstrated that he will never be held accountable for his actions

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[–] Bosht 10 points 1 day ago

Either Putin paid him more than the Corpos, or he owes Putin too much to turn around on it.

[–] PedroMaldonado 4 points 1 day ago

NOW who's fucking with the money?

[–] enbyecho 4 points 1 day ago

It's a bullying tactic straight out of elementary school. Trump knows they will suck up to him and shower him with donations and more importantly fan his ego. He doesn't give a crap about what happens because of the tariffs (obviously) since he can just blame other people.

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