Citadel CEO Ken Griffin told Semafor Wednesday that there are ‘no great opportunities’ in today’s rattled markets.
Donald Trump is moving too fast, alienating allies, making Americans poorer, and tarnishing the sterling reputation of US assets, Citadel CEO and founder Ken Griffin said Wednesday.
Though the president may have identified real problems, his methods to solve them don’t appear to be working, and are unlikely to revive American manufacturing, Griffin told Semafor’s Gina Chon at the World Economy Summit in Washington, DC.
Previously, Griffin said, “no brand compared” to US Treasurys, the strength of the US dollar, or the nation’s creditworthiness. But Trump’s tactics have “eroded” that reputation.
The billionaire, parasite class is turning against Trump. They wanted lower taxes and less regulation to commit more crimes, not massive global instability. And they definitely didn’t realize how diminished Trump is and the role the adults in the room played in the first administration.
This level of chaos will never be profitable. It only accelerates their plans to retreat to bunkers when everything collapses. That was supposed to be caused by climate change, not unforced errors from a senile president and the clown car administration sound him.
I don't feel bad for these morons. Trump is doing exactly what he said he would do and these supposedly more intelligent billionaires are completely surprised.
I’m wondering what makes you think that becoming rich automatically makes you a parasite. No doubt many are, but even as a Linux user it’s hard to see for example Bill Gates as a parasite. Or Warren Buffett for that matter, despite his flaws.
Griffin is one of the Republican Party’s biggest donors and has previously downplayed the threat of trade duties.
Still, the tariffs have been a major focus for Citadel, at a time when Griffin had expected a breather from the pressures of new regulations under the Biden administration.
Griffin had been relishing “the idea that I have four years to focus on my business.” But thanks to tariff turmoil, the country “has devolved into a nonsensical place” where business leaders are distracted by concerns such as supply chain disruptions.
as directed as putin, if usa is weakened they are less likely able to stand against Russias imperialistic aims, which is also subjagate ukraine and its bordering countries.