Just going to leave this here.

I appreciate this. I think you have a better grasp on things but I was leaning toward not doing anything. In any case my portfolio is fairly conservative. Index funds and a retirement plan set to light risk setting iirc. Yeah, these motherfuckers care about their own money so I figured they were taking full advantage, incredibly illegally, but who will stop them? No one. I was considering moving some of my savings into my index funds because of the buy low sell high thing but I’m too spooked to change much.

I tend to think a lot of this damage is permanent. That doesn’t mean you’re wrong, but it might mean our growth is stunted forever or for many years. Screwing over allies like this, and a public who would re-elect him? Why would they trust us as a trade partner if they can avoid it?

I am guessing a lot of them will blame this on Biden, citing the normal truth that presidents usually don’t make immediately apparent noticeable impacts on the economy. It normally takes months or years for most policy to make a big difference. In this case, the tariffs are so stupid on their face that no honest person could deny they would have drastic effects. Compare stock market graphs to the timeline of trump announcements… but they will deny it and pretend this is business as usual, and because it’s only a month in, it’s obviously Biden. Nevermind that they would never normally believe that shit if it’s inconvenient to their case.

I can’t decide what the right move right now to do is. I lost months of growth in a couple weeks. The market has always come back before, but the orange shitstain is pretty uniquely awful, and showing us how he cares jackshit about nuking the economy.

Yeah, we told you dumb pieces of shit that chaos was bad since 2015. None of you cared.