this post was submitted on 08 Nov 2024
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[–] DarkCloud@lemmy.world 59 points 1 week ago (6 children)

Trump/Musk have announced a plan similar to Argentina where they cut a bunch of public services and refuce the functions of government:

https://www.independent.co.uk/news/world/americas/us-politics/elon-musk-economy-trump-hardship-b2637850.html

....part of the plan is to crash the economy and cause 'hardship'... And they're more than likely going to do a massive transfer of wealth in the process. hedge funds use this tactic all the time, get your money ready, collapse a stock, buy it at a lower price, be wealthier when it returns.

They're going to do that with the whole economy. They want to own the whole pie.

[–] HK65@sopuli.xyz 13 points 1 week ago

I guess they really got upset that unions got some traction and workers got some hope that they are not completely helpless.

[–] Razzazzika@lemm.ee 10 points 6 days ago

I literally just got a government job and start Tuesday and now I gotta worry the job won't exist in 6 months. I got laid off twice in thr past 2 years and I really don't want to make it 3.

[–] TheBrideWoreCrimson@sopuli.xyz 7 points 1 week ago (2 children)
[–] Lennny@lemmy.world 1 points 5 days ago

Already exists

[–] Formesse@lemmy.world 4 points 1 week ago

When the dollar has lost 99.9999% of it's value, not just 97%. (as compared to 1970 vs. price of gold).

[–] Furball@sh.itjust.works 7 points 1 week ago (2 children)

Do they not know that Americans choose their politicians based on egg prices? They will be fucked in the midterms if they go through with this assuming they don’t rig it too hard

[–] HawlSera@lemm.ee 5 points 6 days ago (1 children)

Given that there are 20 million votes unaccounted for, and we suspiciously had high voter turnout yet low amounts of people actually voting. Something's not right.

[–] Furball@sh.itjust.works 7 points 6 days ago

Please, let’s not be republicans and start conspiracy theories. The 2020 election was totally unique because of Covid. It’s better to compare turnout to a non-Covid year like 2016, which is has similar democratic vote numbers to 2016

[–] Nalivai@lemmy.world 1 points 6 days ago

The entertainment corporation "Fox news" will tell them that the egg prices are lower than they are, and a median voter will believe it, and they will pay more money, while believing that they aren't.

[–] HawlSera@lemm.ee 6 points 6 days ago (1 children)

Okay but they realize that leaves a lot of angry people with literally nothing to lose right?

[–] whaleross@lemmy.world 2 points 5 days ago

That's why they started with building a following of cultists that will be the useful idiots to take the blow for free.