Let’s say the pre-Trump economy is worth $100 trillion, and a particular billionaire’s share is $2 billion. Let’s say Trump catastrophically decreases the economy’s value to $50 trillion, while increasing corruption such that that Trump is getting more power, and the billionaire’s share is $10 billion.
This is followed by a collapsing market that creates a dip in share prices or private valuation, the assets of which can be bought for pennies on the dollar, eventually leading to that billionaire having $30 billion in a total economy worth $20 trillion.
Win/win for Trump and the billionaire, at the cost of everyone else.
That’s basically what’s happening, and will continue to happen.
Their bottom lines aren’t very important to their goal of owning everything. Money is just a vehicle for power, but once they own everything and everyone they won’t need it.
The parasites are still making money. Rocking the boat would temporarily interrupt the party, they’ll continue to party until they’re forced to change.
The question is incomplete. They will cost trillions, but the presidency, the party fixing elections right now, will cost the country the dollar itself. They will max out borrowing, then print money to pay off the debt and de facto default. They will turn all of those dollars into very much less valuable things.
It’s kind of a weird game theory thing, because the industries affected aren’t consistently losing. A decision he makes on Wednesday can help the finance industry but hurt the tech industry, and then he can reverse it on Thursday and now the finance industry is tanking but the insurance industry is up. It’s tough to know who would work together to pull him out of office, because between any two given days, the people who have the money have different opinions on how he’s doing.
I wonder how many trillions of dollars the Trump dumpster fire will end up costing American business.
You’d think our corporate overlords would remove him.
Let’s say the pre-Trump economy is worth $100 trillion, and a particular billionaire’s share is $2 billion. Let’s say Trump catastrophically decreases the economy’s value to $50 trillion, while increasing corruption such that that Trump is getting more power, and the billionaire’s share is $10 billion.
This is followed by a collapsing market that creates a dip in share prices or private valuation, the assets of which can be bought for pennies on the dollar, eventually leading to that billionaire having $30 billion in a total economy worth $20 trillion.
Win/win for Trump and the billionaire, at the cost of everyone else.
That’s basically what’s happening, and will continue to happen.
I’m not an economist, so here’s my ass talking, but I don’t think your example scales out.
Not everyone wins in a failing economy. If one billionaire makes out, three more lose money.
American big business? Not a dime. It’ll be a bailout on the American tax dollar I bet.
At this point, I wouldn’t be surprised if they’re working on it. He’s destroying their bottom lines.
That said, if you go after the king, you’d best not miss.
Their bottom lines aren’t very important to their goal of owning everything. Money is just a vehicle for power, but once they own everything and everyone they won’t need it.
They’ll make sure it hurts us, long before it ever touches them.
The parasites are still making money. Rocking the boat would temporarily interrupt the party, they’ll continue to party until they’re forced to change.
The question is incomplete. They will cost trillions, but the presidency, the party fixing elections right now, will cost the country the dollar itself. They will max out borrowing, then print money to pay off the debt and de facto default. They will turn all of those dollars into very much less valuable things.
Presuming no one stops them.
True risk is also anathema to them, probably hedging bets on how the midterms go before they make big moves
I think it’s simpler than that and just is down to the impact on the next quarter’s profits.
It’s kind of a weird game theory thing, because the industries affected aren’t consistently losing. A decision he makes on Wednesday can help the finance industry but hurt the tech industry, and then he can reverse it on Thursday and now the finance industry is tanking but the insurance industry is up. It’s tough to know who would work together to pull him out of office, because between any two given days, the people who have the money have different opinions on how he’s doing.