• Hossenfeffer
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    253 months ago

    It’s just utterly infuriating and miserable. This isn’t a Nelson-Ha-Ha.gif moment.

    Ordinary Americans will suffer for this. People will lose their homes, their jobs, their lives. And ordinary people in other countries will suffer for it too - job losses for companies who majorly sell to the US are inevitable. Car companies in the UK (Landrover, Aston Martin, Jaguar, etc are already making noises about job-cutting).

    And the vastly wealthy will benefit, as they always do, by picking up those bargain basement stocks which will, eventually, become valuable again. And it’s the plan. It’s always the plan. Transfer wealth from the many to the few. Brexit was a cash grab. Trump is a cash grab.

    • @alexplex@lemm.ee
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      3 months ago

      by picking up those bargain basement stocks which will, eventually, become valuable again.

      Everyone can do this. Even if it’s only $50. If you have nothing, you gotta start somewhere. I’m investing every penny I can spare right now.