r/technology • u/DontFearTheCreaper • 1d ago

Social Media Tech CEOs who grinned behind Trump at inauguration lose billions in wake of tariffs

https://www.independent.co.uk/news/world/americas/us-politics/trump-tariff-bezos-musk-zuckerberg-b2727147.html
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u/StoicallyGay 1d ago

Too bad the MAGA crowd thinks everyone else are idiots for understanding the very very basic macro-economics that follow literal cause and effect logic. Because their argument is "short term losses for long term gains!" or "Trump has a plan and I trust him" AKA "we have no fucking logic or reasoning or reason to believe anything will work how we want, we just d-ride Trump forever."

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u/mloofburrow 18h ago

Well, I mean it is short term losses for long term gains... For people who can afford to ride out the short term losses and invest while things are low...