this post was submitted on 09 Apr 2025
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[–] gregs_gumption@lemm.ee 1 points 2 weeks ago (1 children)

Pure fucking market manipulation.

At this point I kind of hope China goes nuclear and implements a complete import and export ban with the United States. China has the social infrastructure inplace and debt head room to borrow their way out of any kind of financial crisis. The United States does not.

[–] atzanteol@sh.itjust.works 0 points 2 weeks ago (1 children)

China exports a lot. The libs on lemmy are lying to themselves if they don't think this is going to hurt China in any way. It's likely going to be harder on them in fact.

[–] green@feddit.nl 0 points 2 weeks ago (1 children)

Is America the only country on the planet?

You seem to forget that the EU and China are starting to mingle; and that China is heavily involved in Africa et al via the Belt&Road Initiative.

Obviously everyone gets hurt in it a trade war, that's why it's called a war. But the the long term outlook for China is significantly better than America's - they will win a war of attrition.

China is also doing their due diligence. Tit-for-tat is the most effective negotiation strategy, you will not beat physics, and they understand this.

The craziest part is that both America and China were benefiting immensely off of the status quo, considering they were the #1 and #2 richest countries on the planet. But since the least qualified person on the planet to handle money (Trump) has unregulated power, it has all gone to shit.

[–] atzanteol@sh.itjust.works -1 points 2 weeks ago

Is America the only country on the planet?

Don't be shitty

[–] FrankMaleir@lemmy.world 1 points 2 weeks ago (3 children)
[–] TommySoda@lemmy.world 2 points 2 weeks ago (1 children)

They are literally pumping and dumping the stock market as a whole. It's market manipulation by tariff as they make bank on peoples fear.

[–] witchybitchy@lemm.ee 2 points 2 weeks ago* (last edited 2 weeks ago)

announce tariffs > market uncertainty > sell off stocks > value goes down > buy the dip > pause tariffs > markets recover > laugh all the way to the bank

or something like that

[–] AbnormalHumanBeing@lemmy.abnormalbeings.space 0 points 2 weeks ago (1 children)

At this point, I am convinced it's a pump and dump scheme, still ongoing, too. It only takes a few people in the know of when and where the news break about the tariff supsension, to seriously make a killing on the market, on the backs of others. Trumpists can now also (for a while) feel like their God has saved them again and never steered them wrong, or curse their momemts of doubt, when they did not buy yesterday, as their prophet called for.

It is a mixture of incompetence, impulsivity, but I am certain at this point, a huge chunk of it is outright corruption and cult tactics.

[–] Zorg@lemmy.blahaj.zone 1 points 2 weeks ago* (last edited 2 weeks ago)

2+ million shares of SPY were traded in 3-4 minutes an hour before it broke. Had been pretty much flat since opening for the day. It's fucking blatant.

collapsed inline media2+ million shares of SPY were traded in 3-4 minutes an hour before it broke. Had been pretty much flat since opening for the day.

[–] catloaf@lemm.ee 0 points 2 weeks ago (2 children)

Chaos. And it's intentional. It makes the US vulnerable.

[–] floo@retrolemmy.com 0 points 2 weeks ago (1 children)

I disagree. While many of his sicko fans may be pushing towards this goal, Trump, himself, is far too incompetent, stupid, and demented to understand the point of what ever he is, he does. He reacts at a pure emotion, and this play will obviously end him And all of us in a much worse position. He’ll still convince him, Self he’s winning, though, and every sycophant around him will vociferously agree.

The only way to stop any of this is if Trump, and his entire cabinet, are dead. I’ll leave it up to you to figure out how that should happen.

[–] Litebit@lemmy.world 0 points 2 weeks ago (1 children)

I wonder if all this is just a distraction for something else... no idea what though.

[–] floo@retrolemmy.com 1 points 2 weeks ago* (last edited 2 weeks ago)

After 2016, you should no longer wonder. It abs-o-fucking-loutley is a distraction for something (everything) else. And if you wanna know what it’s a distraction for, pay closer attention.

Currently, there are several terrifying crises that Trump has created: an immigration crisis, an import/export crisis, an economic crisis surrounding taxation, and an impending climate crisis. Everything he does is to distract from one thing or another, because he’s trying to ram through Project 2025, which is basically trying to re-legislate everything that the entire world is progressed away from over the last 150 years. Why, because the insane capitalist who want these regressive policies are the ones who also kisses ass to the point that he will do whatever they want.

How do you fight against any of this? Fight against all of them. But don’t expect that the judiciary or the legislative branch will accomplish that goal.

Trump has to be eliminated from any position of power. Forever. That’s the only way to begin any hope of reformation. And even if not reformation, just stopping it from becoming worse. Same goes for any ally of his, no matter how temporary, and including anyone who ever voted for him, or thinks that he is capable of anything other than a catastrophically destructive and fascistic authoritarian control of this country that will nearly immediately lead to its destruction

[–] givesomefucks@lemmy.world -1 points 2 weeks ago* (last edited 2 weeks ago)

It's not intentional...

His first term had people managing him and stopping him from doing this shit.

This term is all people egging him on

He thought countries would rush to negotiate, instead they called his bluff. So now he's vaugely saying "everyone" has been negotiating so he's pausing everyone but China.

He wants every country to think they're the only one not negotiating, when really no one is.

trump isn't that hard to predict. 80s sleazy business practices are way more likely than some convoluted scheme to crash everything.

Putin wants him to, and trump is gonna do it. But at no point will trump be crashing the US economy intentionally, he's genuinely doing his best right now.

And that's way fucking scarier

Quick edit:

Even this 90 day pause, it's almost certainly just because they saw the bounce from that fake tweet, and knew it would at least cause another bump if they really did it

They're fucking idiots with no clue what they're doing.

[–] TheDemonBuer@lemmy.world -1 points 2 weeks ago

Everything's stupid and nothing matters.