There was a rather fringey plan to use tariffs to basically force other countries to accept even more American billionaire domination of the global economy. But this only slightly resembles that plan, nobody really knows what Trump is doing now, least of all Trump himself.
so that billionaires can purchase whatever they want at a steep discount.
The stock market has already wiped out trillions and 90% of stocks are owned by the top 10%.
The 0.01% will always do well. They have enough money they will literally always win in capitalism.
But they’ve syphoned almost all they can from the bottom 90%. That 10% waking up and siding with the 90% is historically what it takes to overthrow the 0.01%.
This is going exactly as planned.
That doesn’t mean it will end well.
The 0.01% are like a gambler who went double or nothing 100x in a row and never lost, and now thinks losing is impossible. Eventually they lose it all or the casino boss decides they’re not gonna cash out their chips and whacks a guy in alley. Even if they don’t lose a game, they ain’t walking away with all of a casino’s money.
Pretty sure you don’t know how being a multi billionaire works. They will leverage current holdings to buy low. And there is no billionaire without a crazy amount of diversified holdings, including easily liquefied investments.
What makes you think he’s destroying capitalism?
The Republicans have basically made it so that billionaires can purchase whatever they want at a steep discount.
This is going exactly as planned.
There was a rather fringey plan to use tariffs to basically force other countries to accept even more American billionaire domination of the global economy. But this only slightly resembles that plan, nobody really knows what Trump is doing now, least of all Trump himself.
The stock market has already wiped out trillions and 90% of stocks are owned by the top 10%.
The 0.01% will always do well. They have enough money they will literally always win in capitalism.
But they’ve syphoned almost all they can from the bottom 90%. That 10% waking up and siding with the 90% is historically what it takes to overthrow the 0.01%.
That doesn’t mean it will end well.
The 0.01% are like a gambler who went double or nothing 100x in a row and never lost, and now thinks losing is impossible. Eventually they lose it all or the casino boss decides they’re not gonna cash out their chips and whacks a guy in alley. Even if they don’t lose a game, they ain’t walking away with all of a casino’s money.
You sure about that? A lot of wealth is tied to share price.
Pretty sure that right now, the only billionaire with a ton of cash on hand is Warren Buffett
Pretty sure you don’t know how being a multi billionaire works. They will leverage current holdings to buy low. And there is no billionaire without a crazy amount of diversified holdings, including easily liquefied investments.