- cross-posted to:
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- cross-posted to:
- [email protected]
Summary
Trump had to reverse his aggressive tariff rhetoric after CEOs from Walmart, Target, and Home Depot warned of empty shelves and higher prices due to supply chain disruptions.
Investors reacted negatively to his threats against Fed Chair Jerome Powell, prompting a market sell-off.
Trump backtracked, expressing optimism on a China trade deal and now denying plans to fire Powell.
Global markets remain volatile, and the IMF cited Trump’s trade war as a “major negative shock” to global growth.
If the track record of Republicans who ever got reprimanded, faced consequences or were jailed says anything for you…
Trump is going to get away with all of this. He’s been impeached twice. He’s a convicted felon. He’s going to die comfortably somewhere while his shitstain heirs will try to retake what they feel is “rightfully theirs” which is positions of power.
Republicans will destroy, destroy and destroy. We get Democrats who come in, clean up some of the mess but strangely make you wonder why they hadn’t cleaned up all of it. Besides slow moving and how long it takes to build. They aren’t going to outright oust corrupt people as they should for the damage they caused. They only are somehow retained. People thought DeJoy was going to be thrown away when Biden got in, nope, he remained and got to comfortably step down. Just as an example.
The wonderful fucking political circus at work.