r/wallstreetbets • u/s1n0d3utscht3k • Mar 03 '25

News Trump Officially Signs 20% Tariffs on China

https://www.barrons.com/news/trump-signs-order-for-20-tariff-on-china-w-house-d6fec57f
23.3k Upvotes

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400

u/Curey0us Mar 03 '25

Fuck a recession oligarchs going for the depression. Why not for them its literally a fire sale.

9

u/Loud-Fig-1446 Mar 04 '25

Calls on Mario's brother.

39

u/Huhn_malay Mar 03 '25

But what to buy

131

u/Curey0us Mar 03 '25 edited Mar 03 '25

Defaulted businesses, homes, apartments, stocks. Then you wait for the rebound. If you did this on a large scale you’re much more wealthy.

8

u/hamie96 Mar 04 '25

It'll only rebound if people start making money again. At this rate, there's not going to be anything left buying lol

3

u/Objective-Muffin6842 Mar 03 '25

If you do this on my scale, I can probably afford another Dave's Single

8

u/Huhn_malay Mar 03 '25

Which Kind of Stocks. Nobody knows if they survive a depression

77

u/Curey0us Mar 03 '25

That’s the neat part. There is an exclusive club that knows and we’re not part of it. When that rebound is coming there will be government contracts to give out. Guess who knows where those are going? Some companies can’t afford to fail, look how many were Nazi companies but are doing fine, some are too important to let collapse.

8

u/ICantEvenDrive_ Mar 04 '25

It doesn't matter. Economy crashes, everyone loses wealth, including the billionaires. Difference is, you'll have nothing, but they'll still have enough wealth to buy the remains.

10

u/BullAlligator Mar 04 '25

Which is exactly what JD Rockefeller did. He got significantly richer during the Great Depression.

3

u/Demiu Mar 03 '25

Or a change in the world order. For example, what if everybody stops respecting IP rights enforced by the US

1

u/Fog_Juice Mar 04 '25

Steel stocks

4

u/literallyregarded Mar 03 '25

Lmao. At least where I live, home prices are at ATH even if they drop 30% (it will NEVER happen) it would require to be a top 1% to afford a home. LMAO

7

u/The_new_Osiris Mar 04 '25

State infrastructure and public land

2

u/lminimart Mar 04 '25

Land. Most of the land.

3

u/prules Mar 04 '25

Businesses across all industries will sell for much cheaper as people get desperate.

They want to kill the competition and buy entire industries for pennies on the dollar as people try to exit.

It’s anti capitalist and totally manipulative.

7

u/99landydisco Mar 04 '25

Tin foil hat time, they are crashing the economy on purpose so the likes of Trump, Musk, Bezos, Thiel, Zuckerberg and the like can buy up as much as possible to establish a true Oligarchy system that occurred in Russia post collapse of Soviet Union. Essentially have individuals/families with so much power over the economy and industries that it is impossible for the goverment or the American people to go after them.

0

u/ANewBonering Mar 04 '25

Pretty sure GameStop is the play here, pal 

3

u/redditmodsRrussians Mar 03 '25

They should be careful what they wish for

3

u/Whaddaulookinat Mar 04 '25

People here seem to think "billionaires" have a shit load of cash like the big boys are fucking rappers in an IG post. Except for papa Buffet, and probably Burry (who I'm sure has an erection so hard it could cut a diamond in twane), almost all the most wealthy people in the world have the vast majority of their on paper wealth in only a few key positions... and usually that's encumbered (loaned against) to high hell. Most of the super rich are shockingly cash and even cash equivalent poor.

They try to unwind their positions to cash too quickly? Over all value plummets. Trying to exit bond positions, especially low volume corporate bonds? Be prepared to eat shit filled with nails. Oh I'll just take a mortgage out on my super compound! Nopes, too much of a unload risk.