RE: Trump Says Market Would Crash If He Gets Impeached
August 24, 2018 at 1:47 pm
(This post was last modified: August 24, 2018 at 2:00 pm by Anomalocaris.)
Trump does not seem to understand Wall Street follows money, and does not exist to stoke his ego.
Having delivered the tax cut, he primary use to the private wealth of big money players is largely ended. Now his listlessness and unrealiability becomes a liability. Most of upside to the private wealth is certainly not in keeping out cheap labor and products from cheap labor, privileging of resuscitating 19th century industries, severing trade relationships, and subsidizing farmers that can’t sell anything. Counting on Wall Street to back him now is like counting on cut throats to humor you when you have nothing they want, you keep scaring away people they want to rob, you think it is cool to play with their guns, and your antics might bring retribution down on their heads.
Having delivered the tax cut, he primary use to the private wealth of big money players is largely ended. Now his listlessness and unrealiability becomes a liability. Most of upside to the private wealth is certainly not in keeping out cheap labor and products from cheap labor, privileging of resuscitating 19th century industries, severing trade relationships, and subsidizing farmers that can’t sell anything. Counting on Wall Street to back him now is like counting on cut throats to humor you when you have nothing they want, you keep scaring away people they want to rob, you think it is cool to play with their guns, and your antics might bring retribution down on their heads.
