Tariffs put up a high wall around the US economy and if you want to get through the doors you grease the palms of the doorman. Ie trump. Businesses that butter up and enrich trump will bypass tariffs. Their competition will struggle to compete.
Trump trying to do away with the CHIPS act funding shows that it was never actually about making America great again by bringing US jobs back. The fact that his supporters have this shining example of how full of shit Trump is, yet ignore it and continue to chant his name is infuriating.
There is zero good news for stocks for a very long time.
Republicants are 100% committed to crashing the US economy, the global economy, starting WW3 over Greenland/Panama/Canada/Mexico, and making sure the 2 transwomen who want to run in a 10K can't.
The Clinton lecture circuit is a ridiculous comparison to Trump-level corruption. For one, Trump and family take money while in office, and two, the Clintons would get a few hundred thousand for making actual speeches - rates that fit the high end of the market. People pay money for tickets to see the Clintons - they sell out stadiums (I have been to a Clinton speech that sold out a hockey stadium in Canada with the cheapest tickets being over $100). The Trump family is taking billions in dark money for no ostensible work - just crypto, bullshit stock, and at best the Saudis giving Jared fees to sit on their money until it hatches.
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u/RodDamnit 22d ago edited 22d ago
Tariffs put up a high wall around the US economy and if you want to get through the doors you grease the palms of the doorman. Ie trump. Businesses that butter up and enrich trump will bypass tariffs. Their competition will struggle to compete.
Edit: someone asked if I thought trump was going to receive the tariff money. No. That’s not how tariffs work. However you could buy 100million of trump coin. https://amp.cnn.com/cnn/2025/02/28/business/crypto-mogul-trump-coins-civil-fraud-charges
You can buy movie rights to Melanias life story. https://www.yahoo.com/entertainment/amazon-buys-melania-life-story-203426502.html
You can pay way too much to stay at a trump property.
https://www.forbes.com/sites/danalexander/2023/04/10/china-paid-trump-millions-in-rent-then-he-left-the-white-house/
Trump has no trouble creating ways to get paid. Much like the Clinton lecture circuit.
Fuck he might straight up take Zelle Venmo or cashapp if you ask.