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Trump knew he was going to crash the stock markets, that’s why he moved to sell Truth Social stocks right before announcing the tariffs.
Source
#TrumpTariffs #TradeWar #stockmarketcrash #TrumpRecession
Trump tells Fox News, “Just because Elon wasn’t born in the United States, . . . that doesn’t mean he can’t be my VICE president for my third term.”
Trump, August, 2016 “If I win, I may never see my property — I may never see these places again. Because I’m going to be working for you, I’m not going to have TIME to go play golf. Believe me!”
WE KNOW WHAT DOGE CARES ABOUT
The IRS unit that audits ultrawealthy earners has lost 38% of its employees this year.
This will starve the government of revenue by making it easier for the rich to evade taxes — which the top 1% already do to the tune of $163B a year.
The retirement age in congress needs to be 75. The gerontocracy ain’t getting it done.
The only people who can legislate term limits are the very people who hate term limits.
Baby Boomers are clinging to power for a record period of time.
Just power hungry and won’t retire.
76 year old congressman John Larson suffered a freezing incident during a press conference today. This was his second incident after freezing during a speech on the floor of Congress in February.
We need cognitive tests for all politicians and presidents like asap.
Q: What’s the difference between Jim Jones and Donald Trump?
A: Trump would have charged you for the Kool-Aid.
Hedge funds are getting hit with ‘Lehman-style’ margin calls.
Banks are now demanding collateral from hedge funds after stocks have sharply declined over tariff fears. The walls are closing in. Daily Mail
Hedge funds hit with steepest margin calls since 2020 Covid crisis
Banks ask clients to stump up additional money as global market sell-off knocks value of holdings
https://www.ft.com/content/8ba439ec-297c-4372-ba45-37e9d7fd1771
Republican senator Susan Collins says she’s, “concerned” about the stock market meltdown,… but that Trump, “deserves another chance because he’s learned his lesson this time and won’t do it again.”
RFK Jr. Says He’s Rehiring Thousands Of People He Mistakenly Fired
The cuts were a mistake he’d always planned to make, Kennedy said in bizarre, head-scratching remarks.
@Matt_Fleming321
Here it is. The first statement rewriting history from wimpy goebbles himself. They are going to blame this on democrats, and you know the dumb fucking magat cult is going to rll right along with it.
Smith: Are you concerned that this is going to put us into a recession?
Steve Miller: The exact opposite. We inherited from Joe Biden an economy in total free fall.
@SarahLongwell25
“We cannot overstate what has just happened. It took just 71 days for Donald Trump to wreck the American economy, mortally wound NATO, and destroy the American-led world order.”
Charlie Bilello @charliebilello
The S&P 500 fell 10.5% over the last 2 trading days which was the 5th biggest 2-day decline since 1950.
What has happened in the past following the biggest 2-day declines?
Stocks were substantially higher over the next 1, 3, 5 years every time.
Chief economist for Bloomberg Economics Anna Wong @AnnaEconomist fears the US economy is at risk of becoming a “slow moving train wreck”
It wouldn’t surprise her to see the S&P fall by 30% over the rest of the year.
Noah Bookbinder@NoahBookbinder
President of Citizens for Responsibility and Ethics in Washington (@CREWcrew).
This is important: Ousted Department of Justice officials will testify at a hearing on Monday about the Trump administration’s recent attacks on the rule of law.
Credit to Senator Schiff and Representative Raskin for pushing for accountability. https://www.cbsnews.com/news/fired-justice-department-officials-testifying-before-congress/
Donald Trump has removed a top official almost every other day since taking office, representing an unprecedented attack on independent agencies and government accountability. CREW’s tracker is a key resource to keep up with every firing and its legality
Reuters: “Mass firings have taken place on seven of the 10 Fridays since Trump has been in office, a move that one expert said is designed to reduce media coverage and make it more difficult for civil servants to get legal help.”
@RonBrownstein
“Analysts & market historians struggled to point to another time a president had directly inflicted so much damage on the financial markets. Trump has shown no interest in backing down. “MY POLICIES WILL NEVER CHANGE,” he wrote on Friday.”
“It’s saying this is really bad,” said Liz Ann Sonders, chief investment strategist at Charles Schwab. “This exceeds anything I saw on anybody’s worst-case scenario.”
BITCOIN
#BITCOIN JUST BROKE ITS CORRELATION WITH THE S&P
NEW: Max Keiser says “I’m too early in Bitcoin, because the world that will be built because of #Bitcoin will happen after I’m gone”… “where violence is demonetized, where inflation is no longer a threat from the state, where you don’t have a central bank, it’ll be a much better world.”
@BritishHodl There is not a single day where Bitcoin has performed up, while Nasdaq is down over 5% in a high VIX move day like today.
We have crossed the rubicon for Trad-Fi on Bitcoin today.
Bitcoin is a neutral, global commodity without counterparty risk.
Zero tariffs.
The only commodity with a verifiably limited supply.
21 million forever.
Your 0.01 BTC is the same quality as BlackRock’s $50b $BTC
RoRider “Bitcoin didn’t crash yesterday, it’s the greatest hedge of all time!!!”
Bitcoin has plummeted off peaks almost 2X the % of the broader stock market th.
It was wash traded with fake Tether ponzi dollars for one day. It will lead this crash, not follow. Relax
BITWISE CIO SAYS #BITCOIN PRICE WILL PARITY WITH GOLD WITHIN 4 YEARS
“THAT’S $1 MILLION PER BTC.”
@CarlBMenger #Bitcoin is the last escape from a fiat system built on debt and decay — the only asset they can’t freeze, seize, or inflate into oblivion. Imagine the tsunami when everything crashes… except #Bitcoin. It’s happening.
The United States Secretary of the Treasury Scott Bessent says, “Bitcoin is becoming a store of value”
The 12th annual MIT Bitcoin Expo has started, exploring Bitcoin as a tool for freedom at the institute that invented radar systems, digital computing, Apollo moon landing software, artificial intelligence, and encryption securing the global Internet today.
BREAKING: US SENATE COMMITTEE ADVANCES PRO-CRYPTO SEC CHAIR PAUL ATKINS TO FINAL VOTE
MASSIVE FOR #BITCOIN
JACK DORSEY CONFIRMS BLOCK WORKING TO LET 4 MILLION MERCHANTS ACCEPT #BITCOIN
THEY PROCESS $200 BILLION ANNUALLY
4/5/45 Today is Satoshi Nakamoto’s 50th birthday
The inventor of #Bitcoin, the future world’s richest man, he made a contribution to humanity as impactful as the printing press, computer, and the internet. It’s the same day the U.S. ordered citizens to turn in their gold under Executive Order 1933.
Happy birthday Satoshi
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