You can make money betting the market will go down.
It’s entirely likely these ghouls have bet hard on the downturn they have created. They knew exactly when it would happe and how extreme it was going to be. Keeping it going down just makes them money.
People seem to forget that he’s done this each month since he was inaugurated. He threatens tariffs, the market plunges, he makes an excuse to postpone the tariffs, and the market rises again. In between, the wealthy are cleaning up.
By the end of the weekend, they were claiming that countries were calling and begging to negotiate. My prediction is that by the end of the week he will be postponing many of the tariffs, except for countries who are big meanies to him.
The thing I’ve been wondering about is, to what extent will they try quantitative easing and/or bailouts, as was the 2008 strategy. I don’t think trump will endorse QE, but I think it’s possible the establishment of the crypto reserve is so he can bail out his buddies. But instead of saying “I’m bailing out these billionaires” which wouldn’t play well with his base, he’ll say “I’m using USD reserves to diversify investments into crypto”. Which pumps whatever coin he chooses, after which all his buddies dump on the taxpayers.
Buddy, everyone I know exit the market at the end of January. Some are riding the downtrend with SQQQ as we speak. And these aren’t professional traders with insider knowledge of when Trump would flip or flop. Those who have it have made a killing and would make yet more.
You can make money betting the market will go down.
It’s entirely likely these ghouls have bet hard on the downturn they have created. They knew exactly when it would happe and how extreme it was going to be. Keeping it going down just makes them money.
People seem to forget that he’s done this each month since he was inaugurated. He threatens tariffs, the market plunges, he makes an excuse to postpone the tariffs, and the market rises again. In between, the wealthy are cleaning up.
By the end of the weekend, they were claiming that countries were calling and begging to negotiate. My prediction is that by the end of the week he will be postponing many of the tariffs, except for countries who are big meanies to him.
The thing I’ve been wondering about is, to what extent will they try quantitative easing and/or bailouts, as was the 2008 strategy. I don’t think trump will endorse QE, but I think it’s possible the establishment of the crypto reserve is so he can bail out his buddies. But instead of saying “I’m bailing out these billionaires” which wouldn’t play well with his base, he’ll say “I’m using USD reserves to diversify investments into crypto”. Which pumps whatever coin he chooses, after which all his buddies dump on the taxpayers.
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Unlikely
Buddy, everyone I know exit the market at the end of January. Some are riding the downtrend with SQQQ as we speak. And these aren’t professional traders with insider knowledge of when Trump would flip or flop. Those who have it have made a killing and would make yet more.
Pal, I wasn’t asking who makes money in an obviously bearish market. I was asking who benefits for having weird-dick Clown Lord tank it.
Oligarchs. They suck up the rock-bottom market and come out the other side with even more of the world’s wealth in their pockets.
Russia does.