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Almost certainly not. If you wanted to do this a better move would have been to target China with 100% tariffs then load up on Chinese stocks before lifting the
by kypro 2y ago
Almost certainly not. If you wanted to do this a better move would have been to target China with 100% tariffs then load up on Chinese stocks before lifting them.
You wouldn't need to start a trade war with the entire world, including allies, to do what you're suggesting. Just targeting a few companies or a single economy would work just as well without destroying your own country's economy and your political legacy.
- palata 2y ago> Almost certainly not. Trump created a cryptocurrency, didn't he? I don't see why he wouldn't think about doing that. > a better move would have been to target China with 100% tariffs then ... Not saying it's a good move, even though if you are already rich and manage to make more billions by screwing the rest of the world, I think it's individually a good move. Which is why it should be highly illegal. I could imagine someone doing that if they were rich, narcissistic and incompetent: they don't care about the recession because they are rich, they don't know the "better move" because they are incompetent, and they believe they are right because they are narcissistic. :-)