Summary
U.S. stocks suffered a historic collapse as Trump’s sweeping tariffs triggered panic over inflation and recession. The Dow fell 2,231 points, the S&P 500 dropped 6%, and the Nasdaq entered a bear market.
Fed Chair Jerome Powell warned the 10% import tariffs and retaliatory moves from China, including a 34% tariff on U.S. goods, will hurt growth and raise prices.
Economists cut U.S. growth forecasts below 1%, projecting households could face $1,900 in added costs.
The sell-off erased $2.7 trillion in value and marked the worst two-day market drop since March 2020.
You might think you do, but the stock market is wholly price controlled. Even the Great Recession will never happen again. The market is controlled by huge banks and hedge funds using HFT algorithms and dark pools. Price means nothing and big drops are in any case performative.
The following weeks will demonstrate this, as the bounce(s) will take back the great majority of the perceived losses. Behind the scenes, of course, these same institutions love being given the opportunity to display this performative disapproval, as they make untold fortunes using the stock market as their own personal pump and dump.
Unfortunately, I am of the same opinion. I think the only chance we have is a giant solar storm that fries all of the circuitry on earth.
Why wait for that? You could collapse it all by getting 100 people, some with bot farms, to spam right now how much everyone is losing and they can’t retire anymore and manipulate them to feel like they need to rush DC and whatever other targets you want. This is what Trump did on J6 but instead of facts he already had their peebrain fee fees by the balls.
Trump is a symptom. The problem is billionaires. In your scenario, the billionaires are still billionaires.
No because in my scenario the first thing you do after stringing up orangillini is to hold every suit accountable for all of this. Private Equity has massive, stained hands in this. Then desolve Citizens United and write into law that only breathing organic humans can donate, and at a capped amount total, not per individual.