I have no idea how while Trump is a) ripping out the underpinnings of constitutional law which, in turn, is all that holds up all other laws (including transactional) in the US AND b) ripping apart the post war Western defense alliance leaving Europe and Australia completely exposed and vulnerable AND c) going to impose global reciprocal tariffs, which are going to kill trade and plunge the country and the world into the greatest economic depression (coincidentally) since the 1930’s, how the market isn’t down 75% - 90% by this point. Hopes & Dreams? Hallucinogens? Heroin?

What power on earth is allowing Hedge Funds, Banks and Small Investors the justification to keep betting on an underlying business system which is literally being pulled apart at the seams with no real hope of being functional shortly. How is this happening. It’s like I’m taking crazy pills every day. The market should look at what Trump’s already done (much less what he still promises to do) and say, whoop that’s us, we’re audi, this is insane, we can’t trade our value as a corporation any longer, we don’t know where supplies, labor, administration, distribution, sales, or any law governing any of it stands, we have to pull all our monies out, and put them someplace safe like our pockets.

What is happening to keep the market propped up, when literally everything, everywhere that it needs for stability in projected earnings is being hollowed out beneath it?

edit 2/20 : lol edit 2/21: lol

  • @scarabicEnglish
    1•2 days ago

    Other countries starting to set up trade relationships not based on the dollar - now that’s a threat to the stilts propping up the American economy, for sure. Tariffs as well though I think many don’t believe they are truly going to materialize as threatened. When you say “gestures at everything,” what actually are the main things that you think should be sinking the economy as a whole? DOGE bullshit, federal agency heads resigning, DEI programs being cancelled, betraying Gaza and Ukraine… it’s all bad but most of it does not seem an immediate existential economic threat. What am I missing?