wealthy people are not a monolith. some, those with advance warning (insider advantage) will benefit while others lose out. this is not just about rich vs poor, it’s also ultra rich vs ultra rich, cabals of powerful elites vying for control of global markets in the chaotic aftermath of global financial restructuring.

in addition to buy low, sell high… perhaps even more lucrative, the crash will be used as an excuse for another massive corporate bailout benefiting the wealthiest business owners and will accelerate the transfer of wealth from govt (taxpayers/poors) to private interests (oligarchs and bankers). this happened in 2008, during Covid PPP, and it will happen again.

this would have worked in 2016, I doubt it would now. the oligarchs who put the administration in power want their pound of flesh, and they will get it regardless of whose name is in the daily headlines.

hundreds of thousands of federal workers have been fired, research and education slashed, unprecedented damage done to institutions, and civil rights violations not seen in peacetime in generations. no, I’m afraid ignoring Trump isn’t going to solve anything.

the oligarchs must be stopped. one way or another.

i concur with your assessment. aside from a miniscule number of spiteful perpetually online leftists, there is no evidence whatsoever that gaza made an impact on large numbers of voters. whether one party represented change/disruption VS status-quo/more-of-the-same is almost certainly how typical Americans framed their decision.

I think you’re onto something… Thiel and the billionaires who bankrolled JD Vance knew exactly what they were doing when they made a deal with Trump for the VP seat.

tinfoil hat time: they will keep Trump for as long as he serves them, then it’s 25th amendment time, and then theyll have their boy JD in power. even if it’s only the remaining term, it’ll be long enough to get the pieces into play for their ancap fantasies of a balkanized USA, with different CEOs over regional corporate fiefdoms.

opposition party? these motherfuckers may as well be on the same goddamn team.

it’s so much more than stocks. stocks are mostly vibes and short term get rich schemes for already wealthy people. they’re Pokemon cards for the finance class, creating almost nothing tangibly beneficial to society. hype and FUD in an endless cycle.

you can’t eat stocks. you can’t warm your house with stocks. you can’t manufacture solar panels with stocks.

real wealth, the serious fuck you Big Money, depends on the ownership and distribution of real resources: real estate, agricultural land, factories, pipelines, commerical buildings, capital infrastructure. these are what the ultra wealthy buy up during recessions and then charge rents and leases for everyone else to pay, forever. forget about owning land or a home, your kids can’t compete with someone paying cash on a 600k house or snatching up entire portfolios of hundreds of rentals in a single purchase.

bailouts and blank checks given out as PPP loans to “business owners” during Covid redistributed wealth from the taxpayers (government) into the hands of the wealthiest people in the world. they can then convert their Pokemon collections into real wealth generating resources. government bailouts to corporations become an engine for not just making the rich richer but the types of assets they then acquire using that money cements them at the top of the wealth generation food chain forever.

Trump 2.0 is engineering another massive redistribution, even bigger and more focused on real estate than before. he made his fake reputation on real estate. loyalist oligarchs who bank rolled dark maga will be handsomely rewarded with the newly emptied government office buildings and public lands.

and your kids and grandkids will be homeless.

welcome! it ain’t perfect here, but at least it’s decentralized and harder to manipulate in favor of the oligarchs.

saving this for later, thanks

the Cold War was a free printing money machine for 50 years. creating a new one against China makes sense if you’re an oligarch whose wealth rides upon govt contracts and endless military industrial expansionism.

and it kinda explains why Trump is courting the US to make him believe they’ll choose him over China in a game of saber rattling. Russia is positioning itself to be the tie-breaker so it can play both sides against one another in lucrative energy/arms deals. maybe they’ll even get some real estate out of it.