r/politics • u/Quirkie The Netherlands • 1d ago

Soft Paywall Obama Breaks Silence on Trump’s ‘Unimaginable’ Presidency - “Imagine if I had done any of this,” the former two-term president said.

https://www.thedailybeast.com/obama-breaks-silence-on-trumps-unimaginable-presidency/
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u/BigBoyYuyuh 1d ago

You know…typically the only time rich people get punished is when they lose other rich people’s money. He’s losing everyone money. Lew Squeegee

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u/DimbyTime 1d ago

Rich people will still come out even better after all of this. Tanking the economy will allow them to buy up more and more land, homes, and other assets that working class folks Will no longer be able to afford

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u/Kind_Dream_610 1d ago

I believe the same thing. I'm positive Trump is tanking it on purpose so he and his rich worshippers can grab all the stocks they want as others sell them off. Then he'll do a policy change that will make other want to buy, buy, buy. At which point he's a trillionaire.

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u/VT_Squire 1d ago

What genius buys high and sells low?

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u/Kind_Dream_610 1d ago

That wasn't the point I was making. Exactly the opposite. If he tanks it then share prices WILL be low, at which point he grabs every bit he can (probably using all the money Musk is stealing from government funds), while other sell off because they can't afford to lose everything. Then he'll do the policy change and watch his stolen shares skyrocket. It's a double edge sword, making others poorer while making himself richer.

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u/VT_Squire 1d ago

while other sell off because they can't afford to lose everything

Allow me to reiterate my question.

What genius buys high and sells low?

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u/Kind_Dream_610 1d ago

You can reiterate all you want, you've still got my point completely the wrong way round.

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u/VT_Squire 20h ago

Not at all. I'm just talking about everyone else.