This one is even dumber than the banking crisis, at least that one had complicated math

Yeah, you seem to be forgetting the other time, when Trump kept arguing that COVID was no big deal, and that everyone should just get it so we could all get immunity.

Nonononono, that was his LAST term.
He's already clarified that was moot when he fucked with the (art of the) trade deals he negotiated then.
If you are thinking in terms of terms (4 years) or years (1 year) you are daydreaming. Get your head out of your head! Get into the here & now. Grab the here by the now! Week on week? Weak eats weak. Day at a time, hour by hour, minute by minute, second by second, trade by trade

Threaten, bully, strong-arm. That's how you business. That's how you run a casino. That's how you win. The house always wins, so it's time to double down!
We aren't looking at yesteryear or even yesterday. It's not even about the forecasts of tomorrow.
It's about the here and now.
Markets are closed? Don't care.
Markets are shut down due to a selling circuit breaker? Don't care.
Markets are open? Why aren't we buying?

It's all about line goes up. And if it doesn't go up, it's about buying.
You see, winners buy the dip. Everyone should be buying right now. And the US tariffs that. Tariff the buy, so other people pay to make the line go up.
If the US is selling, the US is being swindled. So buy the dip.

(Idk what the fuck this is. Some drunken ramblings. I hope everyone is doing well, even if we are all being fucked over financially)
- Idk what the fuck this is.
  
  No problem, I could see some "economist" from the government saying exactly that in an interview.
- This is nearly copypasta worthy
- All you need to do is package that monologue into a presentable podcast/YouTube video with the right persona and you can sell them as wealth management seminars for sigmas.
I'm going for accuracy.

You could argue trump's response maybe made the markets slightly worse but blaming the covid market crash on American stupidity seems pretty far fetched.
- I would argue his actions and response (or lack thereof) severely exacerbated the pandemic and resultant market downturn.

The common thread is a lack of understanding of system complexity and a lack of foresight/forethought.

And hindsight, I guess, if you consider that the great depression was at least partly triggered by the Smoot-Hawley tariffs.

And that the AI bubble is almost perfectly analogous to the Dot Com bubble. Makes me wonder if any of the early 20th century technology expansions coincided with the 1929 crash..

Radio.
- Yeah, could be. Could also be related to the car, or electricity adoption. They were both a little earlier, but things moved slower back then too.. And they were perhaps more directly impactful to many, especially the middle class.
  
  https://medium.com/@kjirstecm/how-fast-does-technology-change-78d4185121a8
  
  But I'm not sure whether those were actually financial bubbles... though I guess they might have inspired some kind of excessive technological optimism regardless. It would be super cool to see a time series of public faith in technology over time..
  
  edit: now that I look at it - are those initial down-turns in electricity and autos (and the telephone) adoption between 1925-1930 indications of a bubble burst? I guess poverty probably drove them, but presumably there were factory ramp-ups before that that resulted in excessive production capacity?
- Ooooh, good answer.
- Actually it was more cars, they made a huge change to society and people were able to take loans to buy them assuming they'd be able to pay with their jobs.