Who needs nice things like food and shelter and even a low to medium basic standard of living? Not the vast majority of Americans, according to these rich boys who have lived in a bubble of inherited wealth their whole lives.

Good. We need the economy to crash. The sooner the better.

That guy has been wrong about everything, both terms!

Putting SCOTUS in a corner on this too WHO COULD EVER HAD GUESSED THAT WOULD HAPPEN???

Yes in fact they do. Project 2025 requires it for Dictatorship.

Makes for a nice distraction from the Epstein files. Sounds like someone's worried...

Kevin Hassett is close friends with these guys. Presumably they bonded over mutual respect for each other’s trenchant economic analysis. bsky.app/profile/dmnd...

Also gotta shout out @jvl.bsky.social’s insane Kevin Hassett story www.thebulwark.com/p/meet-kevin...

Given Trump doesn't actually have cause to fire Powell (beyond cooking up fake fraud accusations) and is on record that he wants to get rid of him because he wants to control monetary policy directly... where does this go if Trump attempts to fire him and Powell rightfully refuses to leave?

Easier to herd the masses, like Israel is herding Gaza's poor to feeding stations and their deaths!

I hope trump fires Jerome Powell so that the precedent is made and the next Fed chief can be similarly fired without challenge.

Any type of intentional crash in the economy just feels like it fits right into the republican playbook: drive things (typically gov services, in this case businesses & the economy) into the ground… swoop in to pick up the pieces with private equity. Rinse. Repeat.

Move over Herbert Hoover, gotta make room for another economic crash

Shopping List: More rice, more beans, more microgreen seeds, more € Euro ETF shares. Kidding? Not kidding?

I cannot understand why Trump keeps pushing for rate cuts when (according to official numbers) job growth is holding up, while the CPI is starting to tick up a bit. Particularly because with mass deportations, we'll have plenty of job openings, shortly. Does he want to have 9% inflation again?

Absent rate cuts the US economy is a ticking time bomb. This was true prior to trump and it is more true now.

Capitalism is nearly always one banking crisis away from a stunning and rapid collapse. Particularly given how much of it is built on speculative bubbles. That said, Trump has been trying to lance the bubble with rebar since inauguration.

he can only hold 3-4 thoughts and one of them Rate cuts go brrrrr

tariffs go brrr rate cuts go brrrr inflation go HEY CUT IT OUT

Probably tied to his long-time history as a debtor and a property investor. Sort of shifts the perception of interest rates and inflation.

He wants cheap money for real estate development it’s the only thing developers care about

because under the hood its beginning to actually crack and if you dont see that you are blind and rates cuts can only go so far and only help ...rich short term and once exhausted to 0% the pain really starts

Private sector job growth isn't "holding up," & government numbers are unreliable after DOGE nazification. Mass deportations don't open up jobs. For example, the most common requirement workers can't meet is native-language level ability (speaking, reading, writing) Korean, Spanish, German, French.

I'm also concerned the BLS has gotten unreliable. But if Trump's DOL was cooking the books, they should make the job growth look weaker (and inflation look lower) in order to provide the rationale for rate cuts.

Yeah, they're crooked, not smart. If they knew how to cook the books without getting caught, they probably wouldn't have needed Musky or Russian hackers.

Same reason he keeps pushing for tariffs. Cheap debt is good in his book, & that's all there is to it

Yeah he has no idea what “inflation” even is

Stop trying to determine a logic or some form of strategy to anything #Trump does; he thinks barely one step ahead at a time and cannot make the connection between cause and effect. All he thinks is interest rates go down = Trump debt payments go down.

He doesn't care about consequences, monetary theory or cause and effect. He just wants cheaper stuff, trade-offs be damned.

Yes, actually. His whole administration is a series of active sabotage operations aimed at utterly ruining American society. They're not operating in good faith. They want America to collapse so they can rule the ruins.

“Reducing the number of immigrants will increase job availability for US citizens” is an economic fallacy.

Oh, it's going to crash the economy worse than the tariffs. Cutting 5% of the labor force will cause a steep recession by definition. That said, it will create conditions where there's tons of job openings even in a recession, because it's caused by artificially restricting the supply of labor.

It’s artificially decreasing the demand for labor, too. Immigrants spend money too, and at a high proportion of their paychecks.

True enough. But my understanding of the economic analyses is the primary impact beyond the direct removal of folks from the labor force is inflationary. Worker shortages in food production + construction raises the cost for almost everything tariffs didn't touch.

Do you actually believe his MAGA are going to go work in the fields picking veg? Because that’s the sector he’s destroying, which destroys the farmers, which destroys the markets, which … follow it on down.

Of course not. But the point is free/easy credit with low interest is supposed to juice up job growth, but businesses can't expand if they can't find anyone to hire, and we're creating the conditions for a labor market shortage. So we'll have a steep recession + plenty of open jobs .

He doesn’t understand the link between monetary policy and inflation, all he thinks is that lower rates mean smaller interest payments on the loans his personal company depends on.

Didn't SCOTUS rule that he doesn't have jurisdiction over the Fed?

bsky.app/profile/chri...

If we thought tariff uncertainty was bad news, wait till Donald Trump fires the head of an ostensibly independent agency whose historic independence is directly responsible for the stability of a multitrillion dollar bond market backing the entire economy

So is the rethuglican plan to default on the debt?

I am honestly doubtful that they want to default-- BUT it would provide a pretty big emergency that they could exploit. A reichstag fire, if you will

MAGA keeps talking about needing “pain”, and a global crisis is certainly that. Weird.

Bloomberg will be complicit with their writings. Stopped listening to their talk shows as they touted 45 and Elon as good for the economy.

Bloomberg is 'polite' version of Trump. But many Democrats believe he's an ally because of his liberal patter and the 'gun safety' organization he bankrolls. But mostly because he's a billionaire and stridently anti-Trump. Third Way Democrats are suckers for anyone who's anti-Trump.

And then blame Democrats for it. 🤬

I think many of these far right dorks really think their ideas will work. They think experts are wrong because they really really want their ideas to work.

Conservatives start with a belief and work backwards. Facts that run counter to that belief are ignored, any evidence in support however tenuous is emphasized. As a belief, even if all evidence starts to show that belief false, a narrative that makes the belief true will emerge. See e.g. Brexit

That's authoritarianism generally, and conservatives are more authoritarian.

Looks that way... well, they made out bigly the last time they crashed the economy, didn't they...

I read an article on Hasett a few months ago and he’s really unqualified

Of course. Because rich bastards *benefit* from a tanked economy. They use it to buy out businesses that fail, then use them to make more money once the economy recovers.

Kevin Asshatt is rising in race for next Fed Chief

It would be calamitous to fire Powell, and install a puppet. Just awful news.

Financial fools have been playing the “economic crash game” for over 5 decades and this is now old and done. It’s time for we, the people, to end the madness of the elite and show them their folly. There are more of us than them. And they aren’t fit to rule an ant hill, never mind a nation.

But he'll smile while he's doing it it.

indeed they do 🧵

You’re finally catching on🧐

Another mediocre white dumbass who lies on cable news.

Hasset wouldn’t be able to get out of a box.

Criminals running our country

I see Bloomberg and WaPo are literally embracing the horse race approach to reporting.

If the current thing continues, think impending famine, not just a recession. Famines historically take two years of interference in harvests. A neo-Holodomor în 2027 îs a possibility.

Omg, no! Not Hassett!

i mean we need a new word for what that marionette will do to the economy.

Might as well give the job to nutlick and just end it. Drive right off a cliff. Thelma and Louise the USA

The similarities are striking.

Who is that

youtu.be/uloT8V6Skgk?...

Finally! Someone else sees it too.

This guy totally goes around saying things like:

Easiest way to bump the stock market 25% is to weight it down 20% with voluntary market collapse. Man has one move and it's the Trump Dump-and-Pump.

Excellent but also terrifying summation

🤮

The Dow should be off about 800 points today just on this kind of talk alone. No one can tell me that investors are all for this.

Can't wait to hear all the authoritarian double speak when the economy goes into recession. #Donnie2Dolls and the #ArtoftheLongCon

I think a recession would be damned lucky. I'm still thinking depression/capital flight with a side of dollar collapse.

And of course, WAPO headline cheer it on cause orange jebus always picks the best people‼️😳😳😳😖

Grievance, resentment, chaos, confusion, exhaustion, desperation are produced by destruction of government and civil society. Curation of emergencies = terror management, enabling concentration of control, power, wealth. US$ and crypto's values are inversely related. Trump's fortune is now crypto.

Yeah but mortgage rates will be back under 4% for a good two or three days before everything collapses into Bartertown

It's the plan. Hurt the economy enough and small and medium businesses fail. Large businesses snatch their assets for pennies on the dollar. Poor people desperate for work have no choice but to accept low pay positions that behold them to corporations for survival all backed by politicians.

They -current Admin-is excelling at crashing the economy.

They will run the same playbook as COVID when it does “the depression started in Jhina” “it will be over by easter”. “Nobody could have prepared for this”

💯💯💯💯💯💯💯💯💯💯💯💯

Illegal

A fascinating read on goosing the economy for a fascist regime is Adam Tooze’s Wages of Destruction.

Boom Chaca Laca Laca Boom Chaca Laca. We’re circling the drain.

He managed to get the market to stop reacting to ridiculous tariffs, I think he's trying the same thing by threatening this every few months. It will react today, but next tome when SCOTUS ok's it?

If we’ve lost Bloomberg, I don’t know if the Obama and Biden economic gains can pull us through another trump/Republican economic disaster.

They need the reset to truly implement in ai and crypto which is likely why they’re pushing these crypto bills so hard. Once that gets the ok…hold onto your butts.

Not to mention this week is bank earnings. They need theirs and then 👋

Behold the horse race! How exciting!!

There goes my retirement

OMG, liquidate while you can. Take your money and hide it in the mattress! Hassett is dumber than a rock and will do whatever TACO Trump says! We are doomed.

fire sale

He'll literally crash the economy to take the heat off himself in re the Epstein debacle. At this point, he'd sacrifice Vankie.

And the corporate media will cheer them on the whole way.

They said they would do this.

Dow 36,000 baby

I believe the economic term is “ratfucking”

Loyalty AND a long history with the president? That's two things! So qualified!

There are aristocrats and serfs; Trump doesn't want anyone else.

Straight in to a brick wall

Genuine question: what would be their benefit in doing so or are they just stupid?

Yes...Trump following what Putin did in 90s....remove educators/experts, then ruin economy to bring down middle class. Then full authoritarian rule.....& we are seeing it in real time.

Truth 🎯

Not to be rude— but it was Yeltsin in the 90s who ran the country into the ground while blind drunk then Putin came to power in 2000 in the wreckage left behind

They don’t want just a depression-it will be a Great Depression-the largest and best that you’ve ever seen type of depression!

Next year, the banks will have to pay you to get you to take out a loan. Very smart.

Ah, good. Hassett brings "academic background." I, for one, feel so reassured.

And they will

Lying, sniveling Kevin Hassett? Perfect. He’s easily owned and manipulated by his leader

Nooooo!!!!

And push crypto, probably

Yep, a fire sale for the rich

People who are desperately scrabbling to survive, are less likely to have the energy for an uprising.

Well fuck.

if they don’t manage to trigger a depression, it won’t be for lack of trying

Way ahead of them there

they want to crash the whole damn thing.

Do you think they know they are or are they so misguided and inept that they think they aren’t?

definitely not working for Russia

I don't think they know. It's a mad king situation

I am not subscribed to the Mad King theory, but rather the theory that our government's day to day business is dictated by whomever talked to the president last. He has the power, sure, but no ideas of his own.

He literally is an empty vessel outside of his petty feuds with celebrities and (sorta kinda) the Kennedy Center.

Mad King + True Believers. A real mess.

i think that’s the whole point! they’ve told us for years this was their plan and goal

they know

and sell it for parts

What could possibly go wrong?

And they lack the brains and talent to do anything else.

Federal reserve is independent from the government trump can't do shit but trash talk like he always does

Well good thing we have a chair right now.

Surprise? Hhh why are we on this timeline? Everything's broken.

Imagine cutting rates in this inflationary tariff environment? The bond vigilantes will freak.

I doubt Hassett could explain the function of banks, much less a central bank.

And yet the market indexes all seem to be unfazed… Just bonkers to me.

It's people trying to get that final round of drinks in before last call. One last ride on the rollercoaster before the amusement park closes. A last dance before the lights go up. Pick your metaphor.

I think they want to crash the entire world.

Then cherry-pick the wreckage for a minuscule fraction of its actual value.

I seem to remember Naomi Klein had thoughts on this kinda thing before…

I’ll be heading to bank to withdraw $.

Just be sure to buy some Euros or something while you're at it...

The world economy will crash. It will be 1929 again. Trump and his ilk are evil and stupid.

Just because everything crashes that doesn’t mean everything will crash equally. The euro probably will suffer less depreciation than the dollar. But that’s probs not much different than standing on the end of the ship to slip under the waves last. Either way, we’re still on the ship.

For sure, it's an edge but a thin one

Probably, but who really knows what happens when the whole thing crashes at this level of debt and mobility. Not looking forward to living through the secret third thing of global market meltdown

Looking forward to the follow up ruling where they do a 180 once Trump actually does it. www.politico.com/news/2025/05...

They want to destroy the dollar to elevate their bitcoin fortunes, which can only exist if the dollar is destroyed. I’m surprised Wall Street hasn’t hired an “extraction team”.

Maybe they have, hush-hush, on the QT.

Well, they certainly aren’t expeditious.

This is all an attempt to distract from Epstein.

At least he’ll smile while doing it.

He was a questionable one in the 1st WH occupation, this go ‘round he seems to have caught squintycontagioustrumpeyes and joined his crowd

I don't want the economy to crash, but maybe it will take that to fix the housing market. That's the only silver lining I could take from it. Life is otherwise looking bleak ahead.

The only thing that can fix housing is more supply, and new construction will be one of the first things to cease in an economic crash. In that scenario, people still won’t be able to afford whatever housing is available, even at lower prices, because they’ll be out of work and/or unable to finance.

Every new house or apartment that is currently being built are needlessly expensive. New apartments 2K+. Houses above 450K. Not good. I agree we need new construction, but what construction is happening is wildly off. It's a symptom of the larger problem in the economy. Example: See eggs.

New housing has always been expensive. In 20 years, new housing becomes old housing, and old housing becomes affordable. You need a constant turnover from new to old. Right now, old housing is expensive, because there's not enough new housing for wealthier people, so they buy the old stuff.

Proportionally and histotically, it has not.

There is a wide array of factors that may have made new builds less expensive back in the day (heavy federal subsidies for white people, cheap land, urban flight, cheap labor, no/few zoning laws) but many of those factors no longer exist. I'm down for gov't subsidies. But 1950 cannot be 2025.

Like, even if the state/city/feds build an apartment complex these days to make it 100% affordable units, they're still spending $500k per unit. Even if you plopped down a 1950s house today, it'd still cost way more than it ever did in 1950, based on land appreciation alone.

And crashing the dollar is going to make construction more affordable how, exactly?

Does trump realize if he just shut the fuck up and stopped doing shit inflation would go down and the fed could lower interest rates?

Do you realize that's not what he wants?

Russia 1990s model: 1. Crash economy 2. Auction gov't assets 3. Oligarchs buy the assets for pennies on the dollar 4. Revenue generated doesn't cover gov't debt, so borrow money from oligarchs in exchange for more assets 5. Oligarchs ensure dictator is re-elected www.npr.org/sections/mon...

📌

Note: Trump isn't Putin in this story. He's Yeltsin. Yeltsin paved the way for someone much worse to take over: Putin. Imagine someone like Stephen Miller becoming the next dictator after Trump. And then remaining dictator for the next 25+ years. That's where the US is headed.

Well, fuck. I had actually planned on sleeping tonight. Thanks, @elcanaco.bsky.social !

This!

I’m going with Josh Hawley as Putin

The guy who's seeking to roll back Medicaid cuts? Putin would never have such a guilty conscience.

I’m gonna go with Tucker Carlson

On the evil spectrum, he's probably not as bad as Miller. Not sure he has what it takes to be a forever dictator, though. The Oligarchs may not approve.

He’s been speaking lately as if he’s flirting with it. Plus, everyone knows the pos’s face. That clearly helps, especially as the power of the old guard of cable news wanes.

That's only because he's not as smart as Miller.

the federal government doesn’t own the sort of “commanding heights of the economy,” revenue-rich industries which would make something like this possible (largely because these, Defense, IT, and healthcare are already privatized 😭)

Yes, fair point. However, there is still a lot that can be privatized. US Postal, Amtrak, FDIC, FCIC, Ginnie Mae, PBGC, UNICOR, more of the Defense department (e.g. military housing, airports), Air traffic control, federal lands, buildings, infrastructure, monuments, etc. Oligarchs are salivating.

They’re not salivating to buy up Amtrak. The reason it’s government owned in the first place is the feds bought out and consolidated the private rail companies because they weren’t making money. They may want to simply eliminate it, but that’s not the same thing.

Trust me, they are. Just because Amtrak isn't making money doesn't mean it can't. For example, if an oligarch was able to purchase Amtrak for pennies on the dollar and was also sold federal lands along the rail lines, the real estate alone could net them billions in development profits.

Terrifying 😬

Who’s the Putin? Speaker Mike Johnson? Stay tuned…

I don't think anyone has...whatever the fuck Putin has to take over from Trump. The GOP & American Right put all of their baskets into the Trump Train and basically gatekept any potential heir out due to that and their inherent awkwardness. In this scenario, the Putin will be a total unknown.

luckily, Miller doesnt have the juice

Neither did Putin. Juice doesn't matter if you have the backing of the Oligarchs.

Putin has a different kind of juice that you can only get by being a KGB agent.

Putin also learned those oligarchs real quick as to who was in charge, all you gotta do is throw a few people off a building

I'd argue Clinton was our Yeltsin (due to the myriad of deregulations that he signed off on & the precedence they set) and that our federal system/norms just took longer to dismantle & weaken compared to the rapid changes the former USSR was experiencing that allowed the rapid fire sales of the 90s

That's a fair point. And of course Reagan set a lot of things in motion, also. However, neither of them intentionally crashed the economy. That is a differentiating point with Trump.

In some respects yes, but at the same time Yeltsin most notably presided over the deconstruction of Soviet power. Whereas Bill presided over what many consider to be the peak of Pax Americana. In that sense, Trump is closer to Yeltsin because he seems hellbent on deconstructing America as it was.

Yikes. That’s a dystopian nightmare.

Finishing up shock doctrine by Naomi Klein and oh man, I had a thought that Tucker Carlson would be our equivalent of Putin and its just too early to have those thoughts running.

Carlson is a real Putin protege doing his work and taking his orders. That's why he attacked Cruz over Iran strikes. It's why he's pushing conspiracy. He's a chaos agent.

While somewhere in the Kremlin, Putin is laughing his a$$ off

How to short the market.

No no.... "want to" implies intent. They are not smart enough to be doing any of this on purpose. They're just too dumb to know any better. They do stupid things for purely emotional reasons and then blame others when this inevitably does not work. They are toddlers with handguns.

Not only crash it, but have incompetent nitwits in charge as the only people who can start fixing it. Get ready for pain.

the question is whether it will be a global or a regional depression

The man is a pariah in the economic world. He’s like an idiot

no he is an idiot, absolute fucking moron

This is one vehicle they use to grow the wealth of the richest in this country. They love crashing it, as they all profiteer off the chaos and poor trying to survive.

Hassett will be a disaster.

They’re short-selling America.

#DisasterCapitalism #ShockDoctrine Why do #BRICSnations keep backing #fascists with funded #propaganda? #Project2025 is #BRICS’ #oligarch-fuelled #strategy in their #fascist #GLOBAL #war against ✅ #Democracy ✅ #RuleOfLaw ✅ #HumanRights 🤔 crashing #TheEconomy works for #oligarchs

#BRICScurrency #BRICS #Banking #BRICSpay (stylized as ‘BRICS PAY’) is a decentralized & independent #payment messaging mechanism system that is affiliated with the #BRICS organization This functions OUTSIDE the #SWIFT system, circumventing #sanctions & #embargo

#IMF vs #BRICS Global influence

weirdly, #Xi did not attend the #BRICSSummit this year I’m thinking everyone is getting hip to #China’s #strategies

Are they going to let him do it now? Or wait to do it next spring?

Yup.

This is very bad for the economy if he fires J. Powell

Unfortunately, I think you’re right. The more chaos the better when implementing a fascist regime.

It seems liketo me, he wants any kind of disaster he can get to take advantage of it.

Another sign we're already in a dystopian society is how easily the media began portraying all this as if it's business as usual.

That lying smiling clown for Fed Chair?

It was the first thought that came to mind🤮🤮

Naomi Klein wrote an excellent book called "The Shock Doctrine" all about how the politically-connected rich engineer crises so they can take advantage of the ensuing panic & chaos.

Mr. “Dow 36,000” running the Fed. Jeebus.

Yes. In that, it's imperative for them to have some measure of control of currency. If they can crash the economy and also devalue the dollar, it's all to the good for their preferred crypto monies. It's not economic shock as much as economic sabotage.

Jesus H...

You mean at a faster pace than they’re already on?

He is very weak. ☹️

Dave Mathews voice: Crash... E-con-o-my...

And make us buy into his crypto scam or starve.

Mr. Dow 36,000 was dangerously wrong in 1999 and now he's even more dangerously wrong.

I am coming to that conclusion.. Dismantling everything!

All part of the plan

Hassett isn't qualified to balance a teenager's checkbook, muck less run the Fed.

We're doomed!!!!

Does the Fed chair unilaterally decide on rate changes or is it a vote amongst the fed governors? I realize Hasset is a Trump toady but if the rest of the fed board doesn’t go along can he still sink the ship?

I feel like any normal person walking the streets could do a better job as Fed Chairman than Kevin Hassett.

Honestly I’d rather walk into a macroeconomics class and randomly pluck a student out to be Fed Chair than ever let the likes of Kevin get it.

What’s the worst thing that can happen if you try to inflate away the debt lol

Interest rates should not be collapsed to assist Trump’s debt ratio, while prices are rising, and the value of the dollar is falling and our goods are more expensive because of a stupid tariff situation that was completely preventable.

Do they really ? Or do they just have idiotic ideas that they're putting into practice ?

"All the better to grab all that you have as we reduce you to penury, my dear," said the wolves of K Street, Wall Street, and PA Avenue...

Yup. 2 years or less

Never count out Steve Moore, he has the stupidity, he has the dishonesty, and he has the track record of being totally wrong about everything.

It’s going to be a massive crash if they start lowering interest rates with upward inflation

Why didn't #Donald know he had appointed Jerome Powell?

What does SCOTUS get out of this?

And how.

exasperatedmedia.com

This dude makes my skin crawl. Big creepy vibe

the guy who wrote DOW 36,000 right before the 1999 stock market crash? what could go wrong?

Smart to have a moron in that position🤔

Yes. He’s going to tank the dollar so he can come out screaming “only my cryptocurrency can save us!”

Trumpflation in action!!

Credentials: Loyalty to Trump and past with Trump. Oh good.

Trump hires the best?? No, Trump thrives on hiring the most unqualified AssHats he can.

Maga Apprentice

They are setting the next housing crash in motion. It will take couple of years, but it's on the calendar.

Trump Admin in summary: Crash

more effective than Putin dropping a bomb

And hyperinflation

Yuuuuup!!! I don’t know how, but I’m certain plutocratic oligarchs will make more money from a crashed economy

Recessions and depressions are for the poor; the economy never crashes if you’re a billionaire.

They want to crash the world economy so they can turn the world into their tech feudalist playground.

Ask any Economist! Trump’s actions are creating our next recession! Intentionally? Who would benefit?

It’s Generalplan Vereinigte Staaten

I do like that SCOTUS thought the fed was the ONE thing they could and should constrain him on, even though he's absolutely gonna do it

That's how they expand their wealth and increase the gap. Crashed economy keeps wages down and oppresses the people. Great opportunity for the rich to get richer.

He'll blame it on Biden or Obama, because he's the all knowing Dumb-Ster! It couldn't be his fault. It never is...

Everything they’ve done so far, from the kidnappings to DOGE, has been a full frontal attack on the economy. Seems pretty clear they are trying to crash it—and will.

I just want to wipe that smile off that guys face. 😡

These two headlines describe a crime in the making. They are helping the fascist take over. A President has NO POWER To remove a Fed Chair.

Why? I’ve been asking that question for some time. It looks like they’re determined to wreck the economy. Are the billionaires and tech bros impervious to a recession? Do they have a plan to rise stronger and wealthier from the chaos?

Terrifying

Loyalty and a long relationship with President Dumpster are two of the requirements listed as qualifying for the position. I hate this place.

They definitely do. Easier to loot and make hay from the ensuing chaos.

Don’t worry, they are already on the way to doing that - Hassett would be the final crack that breaks the dam

When I saw Hassett’s comment to Jonathan Karl about the Brazil tariffs, I felt like I was being pitched The Monorail in that Simpsons episode

And they have not been the least bit shy about it saying it outloud because they know everyone has the long term memory of a goldfish. The goal has always been to crash the economy, buy up everyone's assets for pennies on the dollar, and rent it back to us. newrepublic.com/post/187662/...