• @dragontamer@lemmy.world
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    216 days ago

    What if the economy doesn’t tank?

    The President doesn’t have that much control over the economy. That’s a fundamental truth.

    There will be awful policies but there’s no guarantee of an economic collapse here.

      • @dragontamer@lemmy.world
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        216 days ago

        Trump doesn’t do what he says he will do. Its pretty much random.

        The reliable grift, such as anti-immigramt hate and anti-muslim stuff is obviously coming. And as awful as they will be, I’m not convinced that it will have an obvious effect on our economy.

        When we start looking at things like Elon’s grift or other Billionaires he’s with, the stock market, crypto coins and other assets will go up. It seems unlikely to me that a crash would necessarily occur at the right timing you desire (this is bad for us in the long term. But the modern corporate economics world has become very good at hiding fraud and kicking cans down the road. Elon especially).

        If they can hold most money together and make their supporters money (see Cryptocoin and Tesla stock right now), then they have a winning economic message for their core supporters.

        Or do you think anyone actually gives a shit about how middle America will feel from this?

    • @zbyte64
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      16 days ago

      Markets are cyclic and we’re overdue for the AI bubble to pop. But I don’t think that automatically means the Democrats can win another presidential election or win the Senate.