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/clueless_as_fuck 1d ago

It's pretty obvious at this point that this is the plan.

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u/DouglasHundred 1d ago

I mean, it's an economic system they designed to work for their exclusive benefit, so it's hardly a surprise.

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u/ovirt001 1d ago edited 1d ago

There was a period of a few decades where taxes and regulations reined in wealth concentration. Since the 80s that has been carefully rolled back.

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u/doughball27 1d ago

ever since the banks took over control of NYC in the 70s (yes, literally) this has been the trend. no one stands up to it anymore, because no one knows how.