Dow drops 1,200 as US stock market leads a worldwide sell-off following Trump's tariff shock
Dow drops 1,200 as US stock market leads a worldwide sell-off following Trump's tariff shock
Financial markets around the world are reeling following President Donald Trump’s latest and most severe volley of tariffs, and the U.S. stock market may be taking the worst of it.
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This is what Trump wants. He wants the market to drop and/or a recession. Why? To force the Fed to drop rates back to essentially zero. Once that happens, expect a blistering turnaround in the market. Everyone and their great aunt will be borrowing money at ultra low interest to buy stocks. The stock market will explode, maybe crypto, too. Inflation will skyrocket. It will be nuts.
They’re already shilling crypto hard and threatening to reneg on US debt. They want to crash the economy, do a full venture capital takeover and set up autonomous states in preparation for the coming inequality revolution.
It'll be harder to recreate the inequality we've seen since the 1970s without the Cantillon effect.
Were passed the inequality we seen in the Great Depression on many fronts.