You just had to look at 🇭🇺 🇧🇾 and 🇹🇷 to see this as a fact

Autocracy is good for his business, just not the rest of America's.

Now we know why Russian oligarchs have been hoarding gold bullion. www.theguardian.com/world/2018/m...

And this. www.incrementum.li/wp-content/u...

But that was the plan all along.

And now, even if you want to leave the country because of what's happening here, the dollar tanking means it will be harder to afford it.

I’m already out, living as expat, hold no dollar denominated assets, & and now boycotting US products across the board

You're an honorary Canadian now!

I’m in Europe, but have spent a fair amount of time in Ontario 😎

I haven't been to Europe, but I do want to see where my grandparents lived, some day. They left after WWI. Grew up as orphans. My grandmother was an indentured servant. My grandfather could only find work as a soldier. Our province used to protect what they built here: Good government.

People had fond memories of the economy in 2018/19. They attributed it to Trump when he inherited it from Obama. He just didn't have the power to screw it up. Now Republicans & SCOTUS have given him free reign. His lack of business acumen is glaring & he's surrounded by people just as bad at it.

Gonna ask my job if I can start getting paid in Dave & Busters tickets.

We must stop tRump, vAnts and tRump enablers in congress and SCOTUS. #BuildtheResistance Please sign this petition. This might help us unite the resistance movement. Please share with family, friends and coworkers. chng.it/WBR8LRVmr7

Thank God we didn't get rid of the penny! And that's my two cents. 🚬😎

So. Much. Winning.

No sh*t?

Are we better off now than 4 years ago? Aged like lumpy milk

Threatening the countries who own your debt has consequences.

Stupid ain't so hot, either.

Jan 19th we had a great economy. Best economy in the world, envied by other countries, but the price of eggs......

Talk about cutting off your Nose to spite your Face.

Greed is what drove this train.

You had - have - an unequal economy. Whilst the GDP was going up, the wealth was only going up to the 1%. Meanwhile, the poorest voters saw stagnant wages, rising rents and, yes, the price of eggs going up (even if that was due to bird 'flu not inflation). augustafreepress.com/news/why-did...

Yay! Inflation here we come!

IKR

The genius at work again.

We're all going to be living in tents before it's all over

trump, GOP, and the dumb-as-rocks fucking asshole republican voters in the US have totally destroyed the US's standing in the world. The American age since 1945 is officially OVER! The is no recovery for America from trump 2.0, morally, intellectually, economically, financially, socially. putin won

Not if you profit from rigging the buying and selling of stock

😭

I was told there would be more winning. What went wrong?

who woulda thunk it, huh?

You all don't get it. Other than ego, billionaires are largely immune to the fiscal damage. They have sufficient resources to overcome barriers and properly distribute their risk in addition to OWNING the means of production. The financial damage is intentional (creates fire sale for the rich).

All indicators suggest a recession, depression and war are on the horizon. Right on schedule.

There's Trump's state of emergency right there. You watch him impose martial law next.

Just as Trussia planned

Install Iron Curtain policies, get an Iron Curtain economy.

Weakening dollar on top of tariffs means Americans are going to pay more for everything.

Precisely. And even though a weaker dollar means cheaper US goods, many countries are decoupling from the US. They don't want to deal with the erratic behavior of the US. This is crazy concerning.

It's all a plan to abandon the dollar and go to cryptocurrency.

Check out #Cuomo on @newsnation.bsky.social tonight, great breakdown on how China and other partners are checkmating the US tariff moves with other tools, isolating the US which will lead to economic contraction here.

Trump voters need to be held financially responsible for this mess. They can pay. Why do we have to pay for their stupidity?

We just need some way to verify who a person voted for. Even if that means invading their privacy. If it can be proven that they voted for Trump, then let the chips fall where they may. And they may fall hard.

Also the rest of the world

I’m a lot poorer because of his antics! I’m amazed that his billionaire backers and enablers are allowing him to continue. I suppose those closest have the spare assets and the insider knowledge to grow their portfolio. But if all economic structures collapse… 🤷🏼‍♀️

That’s what you get for trusting a hedge fund manager and an oligarch.

To be fair to myself I didn’t. But our stock markets are down because of his antics. Hopefully it will be relatively short term. None of the companies we’ve invested in are American.

I remember when people used to say betting against America is a bad bet but I’m old.

Same here. But right now I wouldn’t put a bet on democracy surviving in the USA.

They’re buying everything up at fire sale prices. This is what they paid him to do.

If a lot of those companies go out of business they’ve been too clever by half!

I’m pretty sure they’re concentrating on businesses that stand a perfect chance of recovering once the Orange Dupe is deposed. The weak ones will fall to arbitrage and private equity firms and stripped for parts. These sharks know exactly what they’re doing.

Damn! You’ve got to hate them!!

This is a valid perspective. Those of us who voted for Harris bear NO responsibility for the havoc that is occurring. We did the correct thing. And yet...

And yet businesses continue to support it. As long as those at the top aren’t personally suffering the consequences, at least.

DXY at 99.3 currently. In Trump 1.0 he got it down to 88... so it's still got a way to go yet.

Who’d a thunk it?!

Good point there also, he will never admit that he lost 2020 because he’s a narcissist and his inability to ever admit to anything. What a sad excuse of human.

bsky.app/profile/dori...

He wants to start using crypto currency. So they can steal even more money

So its not so good when it drops like that? Never mind, I confused it with the inflation scale. Krasnov has my brain in knots to where I don't know winning from losing or good vs bad anymore.

I kinda think that’s part of the point. Confuse the enemy (psalms 55) - all the religious magats think WE are the evil ones. Right now, they think they are “owning the libs” and take great joy in what’s happening.

Mmm, fancy the dollar turning out to be just as toxic as Trump.

Not autocracy but dictatorship. Not el salvador but concentration camps. Not rep politicians but Nazis.

It's uncertainty that's bad for business in our case. Autocracy and business work ok together in some other nations. But it ain't gonna work here in the USA.

LOL Fascism is supposed to be government entwined with Industry and the fkrs can't even get that right...

Am I wrong in wondering why corporate America isn't having hissy fits??

CEOs are pd more than their companies pay in taxes and Trump is promising more tax breaks for the rich. Plus, with deregulation companies will be able to do whatever like not pay employees for overtime or pollute freely, etc. CEOs aren’t screaming bc they’ll benefit personally.

Yeah. Rule of law kinda important to the equation.

But great for Putin (and Xi)!

The rest of the world supported massive US deficits via bond purchases, and the dollar being the reserve currency, in exchange for the US military protection and free trade. Hmm, something change?

The elites are panicking because the interest on USA National Debt will become the largest expense US dotgov is responsible for by 2028. They’re trying to rig the situation by various means to protect themselves. It’s my view that the elite US class is going to soon be literally slaughtered.

Another day of celebration for trump's benefactor, Putin.

Those of us living in the EU are now experiencing 14% inflation in the past month. Sooooo much winning.

Fascism is even worse Ask Putin He’s prepping for death and the world is so excitedly awaiting

Offshored my cash Jan 20. It's doing nicely! Forex traders must be raking it in.

Well at least America doesn’t really have to worry about its national debt since the US dollar is the world’s reserve curren—oh shit oh god oh fuck

Not after 4 years of this kind of instability. All of it to enrich Trump and his Billionaire stooges. This is NOT for the Common Good of Society.

Might have to get used to it in the near term. bsky.app/profile/niff...

Dumb Donny strikes again

Weak dollar. And higher interest rates coming.

Very bad. 🤮💙🔥

Gee--who would have a thought that a guy who tanked 26 businesses and declared bankruptcy 6 times would wreck the US economy in 3 months?😏

Because if tariffs weren’t enough, let’s kill the value of a dollar so that goods from overseas become more expensive based on exchange rates.

#GoFashLoseCash

Truck Fump

It’s what he wants

Money will seek stability and the US under threat of autocracy is not stability any more than the US under threat of slavery.

Depends what business you’re in. If you’re one of those hedge fund vultures you’re celebrating.

That's one way to reshore manufacturing...

Hmmmm. Who knew?

I hope the people who backed Trump lose their shirts. Wrong people in charge and have always been the wrong people in charge. They create the conditions that ensure poverty and homelessness and we need to stop catering to billionaires. It shouldn't be a house always wins approach.

It's suffocating.

Trump is bad for business, whatever leadership style he uses. Stupid is as stupid does.

Search for: Gillian Tett Dollar “What investors must grasp right now is that Trump’s recent actions are not ‘just’ capricious,” writes Gillian Tett, “His team’s vision has a potent internal logic. The current chaos is as much a feature as a bug.”

Josh Barro has thoughts that mirror of Gillian Tesh.

I keep adding to this thread. Stephanie Ruhle explains how the only people making out are Trump and his inner circle.

Someone else who shares Gillian Tett's assessment: Trump wants to tank the dollar.

Well at least a weaker dollar makes it cheaper for foreign tourists to… oh. Fuck. Oh! But it makes our goods cheaper for others to imp- oh. Fuck.

Yeah 🫠

Of course

Isn't he purposely crashing everything so he can introduce his own cryptocurrency? 🤔

Yes

It’s like its value is dependent on the trust other nations can put in ours and yet we keep electing this psychopath with shit for brains.

Trump ruins everything he looks at.

From XE. Interesting pattern

And we know he did it deliberately, And boasts about making $2Billion a day

Just relax, clench your teeth, it will be over soon, until next time

A weak dollar for a weak President.

The U.S. Dollar is far more representative of the health of our country globally and its devaluation by the Trump regime(which no one respects) best represents our standing on the world stage.

Bad not only for business, but for all people!

Another few percent and the tarrifs will be negated.

It’s bad for those of us who aren’t in the billionaire club.

I keep seeing stuff that this is his ultimate goal. Trump, and many other people, don't like that the U.S. dollar is the go to currency for most of the world. I get it, but I don't think he's going to like the loss of leverage when everyone decides to sell our shit and go with the Chinese yuan.

Are they intentionally trying to destroy the USD so they can make crypto the currency of the US?

Yep

Money is international. If that happens, they will be completely isolated. Most G20 countries have crypto laws, insider trading laws (with teeth), banking regulations, consumer protection, and robust R&D. The U.S. has increasingly become an international, (ruggedly neoliberal) liability.

This. Yes.

Looks like it

Bingo!

And divi up whole industries for cheap between the newly minted US oligarchs.

That is correct. They have been saying that and reason people like Musk e al jumped in with him.

Except for his business.

But "only" for the people. Ketamusk & Co. will make it for a while longer.

Tariff inflation, a shrinking dollar and tanked 401k's will have millions of us living on the streets out of shopping carts. We need pitchforks and guillotines STAT.

No it’s dementia diarrhea Don’s master plan. Only a stable Genius can do that.

Feature not a bug of Fascist ideology

Turns out indeed.

It’s bad for business. For my retirement. For women’s autonomy and voting rights. For trans kids. For pregnant women. These a$$hats need to be voted out by a blue wave then publicly shamed for the rest of their lives.

Yeah!!! Line go down!!

The US is supposed to be the greatest nation of Earth.. but now it more probably the greatest show on earth.

#FAFO works for businesses too

Unless you can control the movement and make millions each time you do it by trading stocks against the chaos you created

Bad for the USA, good for Russia, as planned.

Who wouldda thought? Duh.

USD should not be trading like a shitcoin, Molly

A weak dollar is what Trump and the GOP want. Makes imports less appealing and exports more appealing, that is if you haven't pissed everyone in multiple countries where you are trying to sell your goods.

If only the US still had factories that were able to sell things.

Also makes buying power for Americans go down and now non-Americans can buy more American goods.

As mentioned, non-Americans can buy more. Whether or not they will is dependent on whether they have become sufficiently pissed at Trump's tariffs.

Also able to buy more American assets. People laid off > mortgage & rent payments in arrears > foreclosures > "Investors" buy the assets. The rich get richer, the poor get poorer.

Ask Putin

The Trump Effect

The regime will say it’s good for exports. If anyone wants to buy anything from us.

Maybe once you’ve rebuilt your manufacturing base…

Which would take years.

That was what I was implying. You need the buildings, the supply chains and either the skilled workforce or AI robots or both, there’s no magic wand can put that in place quickly.

Not going fast enough, it needs to crash and burn.

This ffffing country deserves everything that comes its miserable way. I'm angry, I'm upset, I'm rolling in uncertainty. I hope every stupid, cretinous, idiotic MAGAt can sleep well at night, comfortable in the knowledge that they made the right decision.

Indeed.

I feel like the Wall Street fat cats are stealing my thunder.

I mean, much is/was overvalued, though this is the wrong way to go about it.

Choice is clear #VA99 secure.actblue.com/donate/frien...

Huh. Weird.

Dumping the Clown currency...🤡👑

The US economy that was booming under President Biden is collapsing under Trump republicans ! Either we thrown them out or they’ll be nothing left of this country in 2 years !

Proof beyond a doubt that everything Trump touches dies

Soon, US American citizens won't be able to afford the $1.25 Tree.

Saudi Arabia has rejected the petro dollar standard a while back. I've been waiting for the other shoe to drop

Normally the $ pushing through $1.30 to the £ would make me think of a holiday over there. But not now. Looking at the numbers I'm not alone, which also doesn't do their economy any favours.

A weaker US dollar is actually good for you trade deficit

"The fart of the eel“

The world figure this out decades ago. Proves the GOP can’t learn.

If only it would change this insanity...

GOP ran on better economy and immigration. In 3 months we got raised: prices taxes unemployment destroyed: our alliances USAID public health in the process of eliminating: Social Security Medicaid & CHiP Medicare ACA SNAP PBS NIH Using immigration policy to end rule of law & fearmonger

Kamala Harris was right about everything and Trump lied about everything, except the part about being a dictator. 😒

But isn't what the Heritage foundation wanted ??

wait until interest rates soar...😳😭

Most importantly, the Constitutional crisis www.reuters.com/world/us/tru...

Not to mention: www.youtube.com/watch?v=LTo5... (The key word here is "elected").

I prefer original sources...

3 terms is in P2025, pinned to my page.

Particularly as: www.jurist.org/news/2025/02...

Do you have the EO?

It was linked in the article: www.whitehouse.gov/presidential...

I read that EO as consolidation of power and emphasizing chain of command. EOs aren't "instant law" and courts have been challenging some of them, yet enforcement of judicial findings is largely ignored. www.aclu.org/news/privacy...

They're following P2025, pinned on my page. Here's a page that let us know before the election that regulatory would be a target. If only more people had read it.

This is what happens when you have a business class that thinks they can turn the autocracy dial “just enough” to further their interests, but not so much as to break things.

It's a shame that the US tourist industry won't be able to capitalise on a good exchange rate for visitors, but who wants to visit an unpredictable and unfriendly dictatorship.

Quite. I wouldn’t risk a visit!

Intentional. It's a feature not a bug.

Not if you're MTG, it isn't. Somebodies gonna be giving an AR-15 a Swarovski makeover...such fun.

Right. Front page headlines, please.

What, what? Unpossible! 😬

Trump talking about his tariffs and their impact referred to how the US is going to be "stronger bigger and better". The key word here is bigger. He is fixated on territorial expansion and no one in his Admin will stop him. Autocracy incorporated. The markets are not seeing this at their peril.

Can we tax the 80 million Americans who voted for this and have them assume the costs of this bullshit?

Shockingly, being 'daddy's special boy' is not a qualification. This is a new concept to most of his cabinet.

Globalisation is also bad for business in the long term - because humans like Trump can screw it up for everyone, and as history shows, there will always be narcissists who live by their own set of rules.

Civil War might disagree with you. There was a time each state had its own money. And all the crypto these guys are pushing is still globalized whether they like it or not. And they’re still working with other nations around the globe. The litmus is democracy or not.

He needs a war now to keep it going

Ah, ofc..that’s why he’s been pushing Ukraine together with Putin to hold an election. To make others point out that elections are not held in wartime. And then «well, as you said…»

Putin also can’t afford to have Zelensky in the same room without looking like a loser, it makes obvious his failures in Ukraine

So sorry for the many maga voters that have lost so much money. NOT!!

Loose lips sink ships, also the value of the dollar. If it come to a vote I'm in favor of muzzling Trump, jail would be nice too.

It would be cheaper for my friends in Sweden to come here to visit, but they are afraid to come. Trumpmerica sucks!

Who would have thought?

We are not entirely powerless. Together, we can make business bad for this autocracy.

Robert Zemeckis did give us a heads up …. Circa 1989.

Who knew? 🙄

☎️ Your House Rep & Senators use U.S. Capitol Switchboard: (202) 224-3121. 🗣️Give operator your zip & they will connect you with your elected's office. Make clear you are a constituent. ✏️Write out a concise message BEFORE you call. You can use the same message for all your electeds. #SaveDemocracy

It's over for the American empire...... hurrah. 😁👊🇬🇧

📉📉📉

This reminds me of the anger I felt before the election re: the media and how they slammed Biden everyday. Knowing that they were damaging 🇺🇸 What we are seeing is a complete destruction of the country. And they knew what they were doing. I will never forgive them giggling through reports abt tfg.

😂😂👏👏 keep going, keep going!!

Wow, who knew? [heavy sarcasm]

Welcome to the twilight of the American Empire.

If only yall cared about the dollar when it cost Joe Biden his Presidency... The GOP gave you inflation as a reward for electing Joe in 2020. The US inflation rate was a lot higher than the rest of the world. You've missed two interest rate cuts this year. The damage is still happening.

In wrecking the world's economy, Trump is wrecking the US Dollar. While that's one way to get rid of a National Debt, it's also a great way to plunge a nation into another Great Depression, but with hyperinflation and famine.

Nothing says Sent By God like causing pestilence and famine

I went out to move my car here in Brooklyn a little while ago, wearing my usual Harris/Walz cap. As I passed some random pothead smoking weed on a streetcorner, he chanted, "I love Trump," in a sing-song voice. Don't underestimate the dark path we're on.

Gotta love the fuckers mooching off of blue states in Brooklyn screaming about trump

Well, that's the thing. Brooklyn is one of the blue-est counties in a blue state. That we have Trumpists not willing to go hide back under their rocks is a bit disturbing. Worse, that some unemployed mook, enjoying our state's legal weed would even have Trump's name in his mouth.

Let him go to the Bronx and say that shit

No, Bronx hates Trump too. Let him go to Staten where he most likely lives. That shit hole lives Trump.

Thats what im sayin Let him say that shit in bronx snd see what happens Brooklyn is hipster pussies

You don't get out much, do you?

I take it you live in BK. Honestly, I’m surprised nobody clocked the stoned Trump fanboy.

Got it. all of this sucks.

*sigh.....smh

We need to watch the bond issue closely. Once we lose our greatest purchaser of government issued bonds the game of chicken is over. Doesn’t matter what the debt ceiling is when you don’t have buyers of that debt.

That’s what the majority don’t understand.

China is already quietly selling US bonds: www.forbes.com/sites/joelsh...

“Hell is truth seen too late”

Seems not ideal.

I was going to use the phrase nasty brutish and short but I didn’t have a picture of Stephen Miller handy

Nobody wants to go near you. Too frightening.

Trump wants a weaker dollar because it makes US products and services less expensive to foreign consumers. But as the preferred currency of the world the US and other countries want a stable dollar

Dump coin

Some Americans believe that autocracy is so superior, they can hand control over to any old mentally ill grifter and the trains will fun on time

That’s what I’ve been saying. Why don’t all these corporate leaders recognize that the fall of democracy is bad for business

They are blinded by the short term gains they can get. The long term is of course a dive into a dystopian future ruled by the whim of the day of the autocrat.

It is bad for small businesses and average people. The stock market continues to be buoyant as the cut taxes, regulations, ability to increase prices with tariffs enabling the large businesses and plutocrats to be able to remain highly profitable.

Hmmmm. Who would have thunk…. These people are fucking stupid.

I am shocked ! Trump just got on national TV and told us all how great we are doing under his leadership. I can’t believe he would ever lie!

turns out electing a criminal moron as president is bad for business

I live in Germany and it is now very noticeable when I withdraw cash at an ATM here from my US bank account that each euro is costing me more in dollars, already 10% difference since the year started I think, looking at my statements online.

Womp womp.

It's a trick US has been doing for decades. Making dollar weak destroys other countries economy far more than affecting US economy.

Don't mix autocracy with stupidity, or measure its worth based on its economic success. China is a successful autocracy. Only a democracy will embrace our civil liberties.

Are we winning yet? There is nothing Golden going on.

Yep it is. cbwrong.blogspot.com?m=1

I wish you were right, Ms Molly Jong-Fast, but history shows it's only stupid and horribly mismanaged autocracies that are bad for business. If Donald Trump had two brain cells to rub together, 60% of this country would line up behind him. 🫤

I’m shocked

Horrible…except for those in the know…

Isn't bitcoin his plan anyway?

If only someone would’ve warned us ahead of time. I mean, izzat too much to ask? A simple “heads-up”? Jeeze Louise!

So much winning.

Of course, they want to go to cryptocurrency.

Ding ding ding!

This has nothing to do with "going to cryptocurrency". It's other countries no longer willing to hold our debt or invest in the US, in dollars OR cryptocurrency.

Extremely bad, and very very bad for the autocrats who think everyone else is just stupid!

www.thenation.com/article/poli...

Trump thinks he's playing 3D Chess while he's actually playing Jenga 🤔

crashing the dollar to bring crypto. that's what's happening.

yep, been saying this was the plan since before the election. I'm over these technocrats and grifters playing games with our livelihoods.

I laugh every time I think about it. Like, you’re right thats what they want to do, but how do they even imagine thats going to work? There has to be almost zero thought put into this

it's their fantasy we're suffering!! this is not ever how i thought this country would sink. not even a hundred days and death of this country is near. 😳😱

They didn't think this through too well, did they? Dumbasses!

Beginning today, there will be a blanket statement coming from the WH, containing only the word “oops”.

While the Chinese and Japanese smile and laugh at us.

Yep!

Stable Genius and all, ya know. ;)

🤦‍♀️🤦‍♀️🤦‍♀️

After Trump breaks the economy and turns Americans into the equivalent of Venezuelan refugees, no country will take us in