A good part of the Southern US economy was originally based on slave labour and since its abolition the business culture and mentality never moved on from it. They’ve just found new ways to have cheap labour that they can exploit to different levels. Immigrants, “unskilled” workers, rented prison labour… Now that the immigrant workers are being kicked out, they’re looking for replacements to fill the gap.
It absolutely is a gamble, a dangerous gamble. Essentially, when you short a stock, you “borrow” a stock from someone with the promise of giving it back at a certain time. You then sell it, wait for it to drop, then buy it back. You give it back, usually sharing some of the profits you’ve made with the person you’ve borrowed it from.
The problem with that is that if the stock goes up while you’ve borrowed it, you need to buy it back at the deadline of the deal at the price it happens to be at. Unlike normal stock trading where you can only lose up to the money you’ve invested, there is no limit to how much money you can end up losing shorting stocks if things don’t go the way you expected. This is how the whole GameStop stock shorting debacle happened.
Real reason: His “advisers” cashed out from shorting the stock market and bought stocks back.
When he says he’s going to “pause” the tariffs that means that they’re coming back just like it happened to Canada. He’s going to jerk off the world economy like that for as long as he’s in power.
IDK if it’s a pump and dump scheme but it sure does look like it. Meanwhile the world will decouple itself from the US economy.
I bet his tariff-loving aides have shorted a bunch of stocks and are making hand over first right now.
Now that’s a flex.
Will he be shooting a rifle in the air for the entire duration?
Trump showed up to a war of wits completely unarmed.
It just went back down $200. This spike lasted 15 minutes.
There was a brief $200 spike that lasted 15 minutes and then went back down to where it was. Looks like someone with a lot of money made a bid to “buy the dip”. Absolutely nothing to justify this headline.
Trump right now “Trust me, I know what I’m doing! Things will get better soon it will be worth it! I promise!”.
Says the compulsive liar who bankrupted 4 casinos, repeatedly stiffs his business partners and only began making real money in corruption schemes.
Trump is a repeat offender. Can you imagine him being sent to those prisons? He wouldn’t even make it past the first day.
Fret not, says the president, he is apparently playing chess while the world is playing checkers
He’s trying to treat the entire country like one of the casinos he bankrupted to screw over his creditors.
I’m sure he thinks he’s playing chess. But what he’s really doing is sitting in the corner eating the pieces.
Boot straps. Don’t forget about the boot straps.
That’s what Trump wants after all. To move production inside the country.
Their plan is to not have fair elections anymore.
The lowest so far. Wait until the inflation from his new set of international tariffs and resulting retaliatory tariffs kicks in.
Imagine committing a crime to buy an election, spending $25 million dollars for it and still losing?
Get fucked.
Looks like a German bunker on Omaha Beach to me