Link to archived tweet
This is why Warren buffet pivoted to cash liquid position.
this post was submitted on 12 Mar 2025
1000 points (99.6% liked)
People Twitter
6330 readers
1606 users here now
People tweeting stuff. We allow tweets from anyone.
RULES:
- Mark NSFW content.
- No doxxing people.
- Must be a pic of the tweet or similar. No direct links to the tweet.
- No bullying or international politcs
- Be excellent to each other.
- Provide an archived link to the tweet (or similar) being shown if it's a major figure or a politician.
founded 2 years ago
MODERATORS
However much pain we're feeling and will be feeling, as a nation not individuals, we deserve oh so much more for our inhuman crimes in the name of capitalist private profit. We destabilized entire nations trying to become societies solely to maintain access to their resources for our capitalist's exploitation.
Every American better hope nation state karma doesn't exist.
Oh fuck off with this "deserves" bs. Everything listed on that infographic happened before I was 18. I don't "deserve" any of this.
Not just the great depression but the greatest depression ever in history, I mean the biggest, noone ever caused a bigger depression
is america great again yet? I think not.
You need to extend the graph beyond January. The US has been riding an enormous localized wave that crested shortly after Trump's inauguration. American securities (particularly the MAG7) are enormously overvalued, with revenue that is dwarfed by their stock price.
This is a much-needed market correction, not a regional stock performance split from within the US.
Not even suggesting Trump isn't shit. Its very obvious that he's popped the irrational optimism bubble we've been gliding on since even before COVID hit. But we were in a bubble. DOW 43k, never even mind the absurd NASDAQ run up, is not representative of the functional economic capacity of the nation as a whole. Without unlimited free money from the Fed to keep inflating asset prices, we were going to enter a downturn sooner or later.
The real question is whether the DOGE Team will kick the knees out from under our Treasury/Fed countercyclical spending system on the way back to earth and cause us to land harder than necessary.
I am pretty sure trump warns his friends when he is about to make another irrational stupid statement- they are investing accordingly- taking advantage of an upswing and a downturn
Absolutely wild to look at this graph and say 'welp that's the correction we've expected and needed for a long time' when it is quite clear it's a reaction to Trump's totally unnecessary trade war and the uncertainty he is (intentionally?) injecting into markets. There is no reason to expect that if there had been a different President elected, this outcome would have occurred.
The even broader point is that there are a lot of people invested (literally and emotionally) in a continuing bull run. That doesn't mean it's a good idea, but suggesting that Trump or even less likely, DOGE have some master understanding of the economy and are doing this for its long-term health is an absolute fantasy.
load more comments
(2 replies)
Okay, here's my conspiracy theory....
Now let's say you're Trump and the supreme Court has said it's just about impossible to convict somebody of corruption in the US. You see that you're going to be elected president and your goal is to figure out how to make a crap ton of money off being present. Now you can do the boring old s make dignitaries stay at your hotel thing or have foreign governments. Give Jared kushner a bunch of money.... But that's all pocket change. If you're president, you can crash the economy. If you know a bunch of Rich Russian oligarchs who can short the market and you can tell them exactly when the market will crash then they can make billions... And you can get your cut too.
This is why Trump doesn't really give a shit why the tariffs are in place. That's why he makes up bullshit answers when asked why the tariffs are implemented. He doesn't care. ... But he really really really wants to yank the market around. First he says tariffs happening, then he says they're not, then they're happening again. Every time the market goes up and down he can make a shit ton of money if he can accurately predict when it goes up or down.
I can't get this idea out of my head. It makes more sense than anything else I can come up with. There's so much money to be made if you have the power to yank around the u.s. economy and enough narcissism to not give a shit about the people hurt in the process.
Exactly what I have been thinking. I should have scrolled down and read your comment before I made mine
What I’m wondering when reading such theories is: does money matter all that much to these people? Like when you’re 80+ years old and a billionaire I don’t see what the end game there is, unless it’s just an uncle Scrooge attitude but I still find it a bit hard to believe. I think that in order to become a billionaire you need to be seriously driven by something more than 0s - maybe power, influence or attention.
You've got to step back a little to understand.
The key thing is that it is not possible (excluding inheritance) to become a billionaire without being a scheming psychopathic cut-throat selfish person and having a determined drive to have power over others.
The second key is it's not possible to keep your billions without being a psychopath. This because you could never possibly spend that money in your lifetime and the only way to have accumulated it is through exploitation of labour.
So it's a thing you don't need that you got via abusing others. They want power and they don't care how they get it. They have no plan beyond that. Personally I think it's mental health issues and the fact that we allow this in our flawed system.
it's not just allowed it's encouraged, in fact i'd go as far as to say it's the only way to "win" in this system
load more comments
(1 replies)
Logically you would think the answer should be that money shouldn't matter much, but it always seems to. It's still a way of keeping score and a proxy for power. They've always longed for more money/power and as they get older and their brain slows down, they don't suddenly change. What old billionaire have you seen says "you know what? I'm going to give everyone raises! I don't need more money! We should all be happy together!" (Almost) never happens. They want more and more and more... and then they die.
Bill Gates seems to be like that. Don't get me wrong, I don't like him and he's still doing lots of shitty billionaire stuff, but he seems to be satisfied with "just" being a billionaire and making sure his offspring ~~will be billionaires~~won't starve as well and giving away a lot of the money he will never be able to spend on his own anyway. Same goes for George Soros and Warren Buffet.
load more comments
(1 replies)
load more comments
(1 replies)
This is what happens when your president is a used car salesman.
This is going to be a hard one to explain to the MAGA fans
It's ukraine's fault. Should've thanked harder
why would Joe Biden do this
The stock market was bloated
Actual trump regime statements
What isn't hard to explain to that lead poisoned cult of cunts.
Despite all the myths Democrats are better for the economy. They always produce better numbers.
load more comments
(28 replies)
How dare Biden tank the economy while trump is president just to make him look bad! Any day now, all these incomprehensible tariff ramblings, threats, and further ostracization of our allies are going to make America so great! /s
load more comments
(1 replies)
view more: next ›