Oh God please let that post the other day be true. The one where they said if he fucked with oil prices it would be the end of the derivatives market. Please, whatever higher being that may exist. Let me witness the full on collapse of the US stock market.

[–] Maeve@kbin.earth 0 points 6 months ago

This will be extremely painful for the people of the United States; and ultimately the best thing that ever happens, for the United States and the rest of the world, assuming we don't allow the megawealthy to rebuild it.

[–] ComradePupIvy@lemmygrad.ml 0 points 6 months ago (2 children)

It baffles me his obvious lies are able to keep oil costs down

[–] Luca@lemmygrad.ml 0 points 6 months ago

It's not just the lies, of course, but the obvious timing for week-weekend cycle market manipulation that no one cares about. Be assured next Friday evening to Saturday morning NYSE time, there will be another dismal report or threat of escalation which will be "resolved" by Sunday night or Monday morning. It's weird it if happens once, but it's been happening nearly every week since his second term got started. It's the most profitable point in history to be an insider grifter.

[–] p0ntyp00l@lemmygrad.ml 0 points 6 months ago

That's what happens when you build a Peter Pan society based on vibes and Market Confidence. When material reality catches up and the wrong Market Signals™️ are sent out and a sufficient number of oligarchs stop clapping for Tinkerbell, the economy shits it's pants and dies.

The most efficient, humane economic system in history, everybody.