Ultimately, I think Trump will ruin the American economy, including the stock market

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70.**.243.51   3,572   7   0  

As everyone knows, the stock market's biggest fear is uncertainty, and right now, there's nothing more frightening or unpredictable than Trump and Elon Musk's actions. There's never been anything like this in American history. You could call it reform, or you could call it a coup. They're tearing down a system that America has spent hundreds of years building. They're destroying the balance of the three branches of government and desperately trying to establish a presidential dictatorship.
Their plan to give corporations and the wealthy further tax breaks, abolish inheritance tax, and even eliminate income tax in favor of tariffs—where did that even come from?
We learned about stagflation in college economics, and it's terrifying to think we might experience what the US went through in the 70s and 80s. From 1973 to 1982, the US suffered severe stagflation. During that decade, the S&P 500 fell 20%. While inflation soared, the stock market plummeted. They eventually tamed inflation by raising interest rates to over 20%. That's when Ronald Reagan, the Republican president, started issuing insane amounts of national debt, causing it to balloon. But people mistakenly believe the economy was good because of this debt-fueled party.
Trump is wasting the money the US has poured globally to maintain its dollar hegemony. Soon, he'll likely demand astronomical sums from, or even withdraw, US troops stationed in South Korea, Japan, and elsewhere.
In short, Trump's policies are causing massive inflation while destroying the economy, making stagflation inevitable.
I've closed most of my positions, keeping only a few short positions.
This isn't about urging others to sell their stocks; it's just sharing my thoughts.
 



Tags: Donald Trump Elon Musk Stock Market Uncertainty Share on Facebook Share on X

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125.**.106.80 (Created at )   | Reply
I feel like I'm living in a backward country under a South American dictator. I can't comprehend how the country could change so drastically overnight. It's unbelievable that the National Assembly, Senators, and Governors are all doing nothing. They can't even impose sanctions; they just sit there and take it. It's absurd.
113.**.215.30 (Created at )   | Reply
The economy seems to be in really bad shape. Downtown businesses, restaurants, clothing stores, etc., are all closing down.
  255.**.106.166 (Created at )   0  
A friend of mine works for a credit card processing company, and they say that 9 out of 10 restaurants are on the verge of closing. It's not just restaurants; they say most businesses accepting credit cards have seen a drop in sales of over 50%.

I also have a friend who's a bankruptcy lawyer, and they're seeing really bad cases lately. They think a major recession is imminent.
35.**.229.237 (Created at )   | Reply
Two guys are going all out, making a complete mess of things. Every day I get notification news, and it's really stressful and exhausting. I've been dealing with this for four years... I really hate it.
122.**.185.176 (Created at )   | Reply
I agree. What does Trump gain from doing this?
  251.**.9.209 (Created at )   0  
It sounds like they're trying to become a king instead of president.
  8.**.152.212 (Created at )   0  
There's already a children's book portraying Trump as a king. The official White House social media account even posted a picture of Trump wearing a crown with the caption "Long Live the King."

Trump's former campaign representatives, including Elon [Musk], freely perform Nazi salutes in public, on camera. Other conservative speakers do it frequently as well. It's making me wonder if Nazi salutes are becoming acceptable.
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