there was a run on the bond market and he pussied out in less than three days.
He'll try and spin it, and blokes like you might buy their talking points, but he's now been exposed as weak sauce
it's not tariffs that were responsible for the decline in US manufacturing. Nobody believes that. Most of it was instigated by American companies themselves with republican law makers. Reagan and Bush created Nafta so the car industry could shift to cheap mexican labour, and Trumps usmca that replaced just accelerated that loss. It's because none of them give a fuck about american workers, just multinational profits, and that's still true (and mostly true of democrats as well with a few exceptions like Sanders). America is full of shitty poor towns full of mutants, and the only thing that makes life bearable is that you can go into walmart and buy dirt cheap chinese shit, and that's going to be taken away. Who the fuck would make a long term capital investment in plant on the basis of a tariffs that are gone in less than a week?
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cumquat may will not be commenting further on the allegations, Tue 15 Apr 2025, 0:20,
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