• @frezik@midwest.social
      link
      fedilink
      English
      43 days ago

      The idea behind it is that post-2008, low interest rates let the rich run wild buying up real estate and stocks.

      I don’t really buy it, though. Trump isn’t that smart, and nobody was really asking for tariffs that are so strong across the board. Even Project 2025 is split on the issue, and what support it does give for them is much more targeted.

      This is Trump’s bad idea all on his own.

    • @DarkCloud@lemmy.world
      link
      fedilink
      English
      1
      edit-2
      3 days ago

      I think he’s doing it because he and his team of billionaires have the money to buy buy buy when things are over and done with.

      They’ll end up owning most of America. Then they’ll be able to have their Little Kingdoms within it.

      Most people don’t seem to realize this: America doesn’t exist right now. The only question is whether anyone will get any of it back in time to save what’s left.