Actually, I think that history will make it blindingly apparent that Trump inflicted tariffs on the American consumer out of personal greed and possibly as a self-preservation measure.
One theory is that if the dollar tanks, then crypto can gain strength and stability in world financial markets. This is highly risky as crypto is basically a Ponzi scheme. There's nothing to back crypto, such as the full faith and credit of the United States.
The self-preservation angle comes in with Trump's alleged subservience to Putin. Crypto is a tremendous avenue for money laundering. Criminal empires need money laundering to survive.
Market futures down again. Looks like we'll all be a bit poorer today.
https://www.cnn.com/2025/04/06/business/stocks-futures-sunday-tariffs/index.html
This completely self-inflicted financial wound is just baffling.
Actually, I think that history will make it blindingly apparent that Trump inflicted tariffs on the American consumer out of personal greed and possibly as a self-preservation measure.
One theory is that if the dollar tanks, then crypto can gain strength and stability in world financial markets. This is highly risky as crypto is basically a Ponzi scheme. There's nothing to back crypto, such as the full faith and credit of the United States.
The self-preservation angle comes in with Trump's alleged subservience to Putin. Crypto is a tremendous avenue for money laundering. Criminal empires need money laundering to survive.
I think he wants a show of being tough and thinks he will win some kind of pissing contest. It is stupid, but people voted for stupid so here we are
Indeed, something like 77.3 million voters voted for stupid ish to own the libs.