“If the 4.8% fall in S&P 500 futures at the Asian opening isn’t reversed, then it’s on course for its worst three-day selloff since the Black Monday crash of October 1987.”

    • 5too@lemmy.world
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      2 hours ago

      Everybody’s talking about him. To him, that’s the whole point of life!

  • known_unknown@lemmy.world
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    9 hours ago

    All he has succeeded in doing is violently ripping the US away from its place at the center of the global hegemony.

    Which is not great for those of us in the US, but honestly had to happen, the rest of the world clearly cannot depend on us. Our entire political system is built on honor systems and pinky promises, the rich can do whatever they please and never see accountability.

    • kibiz0r@midwest.social
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      5 hours ago

      I remember watching a Noam Chomsky talk where he said replacing USD as the global reserve currency could be a good thing for ordinary Americans, long-term.

      I don’t think he had anything like this in mind for how to do it though.

    • Doom@ttrpg.network
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      8 hours ago

      100% this

      I am actually thankful we let this idiot ruin this country. Fuck this country

      • Damage@feddit.it
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        3 hours ago

        I’m a bit worried about all those warplanes, warships and nuclear tipped ICBMs

      • some_designer_dude@lemmy.world
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        8 hours ago

        Yeah, as a Canadian, this had to happen. Kamala winning would have just delayed this. The trajectory’s been this direction since Reagan or earlier so hitting “rock bottom” was more important. The delicious irony is that while Trump thinks he’s building a stronger, more independent America, he’s actually just making a stronger, more resilient global trade market and isolating his own country from ever being welcomed to participate in it.

        The world wasn’t taking advantage of the US. The world made the US what it is by being its global market.

        Not anymore. Sell your locally-made garbage to yourselves and watch as the world turns you into Russia 2.

        • known_unknown@lemmy.world
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          7 hours ago

          What I hope happens is we oust him and do some serious work on our systems that prevents stuff like this.

          Though the track record of our leaders is pretty depressing, maybe they’re starting to wake up now that we get to see Endgame Capitalism

        • CitizenKong@lemmy.world
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          7 hours ago

          Russia 2.0 is the endgame. These fuckers are all fans of Putin and absolutely love how he has funneled his country’s wealth directly into his own pockets. Forget Elon Musk, Putin is the actual richest man alive, although we will probably never know exactly how rich.

        • Tarquinn2049@lemmy.world
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          7 hours ago

          He’s bulldozing the way for someone to pave the way to universal mincome being accepted. The main hurdle it needed to overcome was how much beurocracy it would take to consolidate all other programs under one roof. If there are no other programs in the way, it all of a sudden becomes the easiest way to re-establish it as quickly as possible.

  • Suavevillain@lemmy.world
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    7 hours ago

    Do you love Trump more than your 401k, Your savings and country? We all know the answer already. But it is up to Trump cultists to come to it themselves. If this was Biden doing this, they would have gotten him impeached and removed from office. This man has no economists or data backing up his choices. I believe that report of him feeding that shit through ChatGPT.

    • Voroxpete@sh.itjust.works
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      7 hours ago

      Actually this is hitting Russian markets too. And Putin is apparently not happy about this talk of annexing Greenland either.

    • IninewCrow@lemmy.ca
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      9 hours ago

      Nothing is going to happen there until millions of people start starving in the streets

        • BreadAndThread@lemmy.world
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          8 hours ago

          When people start literally starving is when they literally have nothing to lose. At least in jail, they get food. This will end very bloody.

          • qantravon@lemmy.world
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            5 hours ago

            At least in jail, they get food.

            For now. There’s already reports of immigrant detainees being starved.

            • BreadAndThread@lemmy.world
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              4 hours ago

              I’m not talking about immigrants. Trump has choked off most support to low income people, so when these tariffs really hit home, millions of Americans will learn what it means to literally starve. Many of which will be stunned that the leopard i a eating their face.

  • zephorah@lemm.ee
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    8 hours ago

    Trump is that kid on beach who watches you build a big, beautiful sand sculpture and then cannonballs right into it just as you’re about to finish. Then laughs.

  • Kraven_the_Hunter@lemmy.dbzer0.com
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    8 hours ago

    Everybody knows by now that this buffoon always says the opposite of his true feelings, right?

    “Luxurious” --> cheap crap “Beautiful” --> tacky/hideous/etc “Amazing” --> I just learned about this thing that everyone else has known for decades.