4 ms·
Not to mention, trade wars are class wars. There is a reason alot of incredibly wealthy people - by any standard - support the tariffs. Its a way to assert more
by no_wizard 1y ago
Not to mention, trade wars are class wars. There is a reason alot of incredibly wealthy people - by any standard - support the tariffs. Its a way to assert more control over the economy so that when the tariffs come down - and they will come down - they've already primed themselves by taking more control of goods or having done so while the tariffs are still active. Its a means of control.
I expect a wave of corporate consolidation happening soon across most sectors that will be driven by this outlook
- pstuart 1y agoAbsolutely agree. They want to replace income taxes with tariffs, because rich people. The last tax cut promised to create jobs but (surprised pikachu face) instead went to stock buybacks.