this post was submitted on 07 Apr 2025
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Hold on to your butts.

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[–] Xanza@lemm.ee 69 points 18 hours ago (3 children)

This crash has to be so bad that the next US President that even so much as hints at wanting to use tariffs for any purpose other than what they're intended for, would be personally walked to the gallows.

[–] douglasg14b@lemmy.world 28 points 15 hours ago (2 children)

This has happened once every 100 years or so. And each time it's a complete disaster for the country.

Give it another 100 and history will just repeat itself again

[–] SoftestSapphic@lemmy.world 4 points 15 hours ago

I'd like to think we would have enough sense this time to setup a system to perpetually redistribe excess wealth

[–] Valmond@lemmy.world 2 points 15 hours ago

Say you don't believe in extreme longevity without saying you don't believe in extreme longevity 😁

[–] Gullible@sh.itjust.works 84 points 18 hours ago (1 children)

“Next US president” is a hopeful prognostication. Trump seems intent on crashing the US economy into the side of a mountain

[–] victorz@lemmy.world 35 points 17 hours ago (2 children)

I heard a lot of conspiracy theories by now, that frankly portray mostly the same concepts in a pretty convincing manner, that say that this is exactly what they want to happen. And that's pretty damn scary.

Basically a new world order where everyone is poor and the billionaires control the world as the new monarchs. They take the world not by violence but by systematically destroying the world economy and having enormous amounts of money themselves.

Pretty freaking scary if true, because all the steps are apparently working splendidly.

[–] douglasg14b@lemmy.world 18 points 15 hours ago (1 children)

It's for sure plausible.

Whenever a collapse happens, the rich get richer by buying up cheap assets, like houses and land.

And since corporations are immortal, these assets will forever be owned by them generations into the future.

It's fiefdom, except that it's much MUCH more stable over time given modern economies.

[–] Cryophilia@lemmy.world 10 points 14 hours ago

If and only if the corporations can maintain control of the government, which has the power to destroy them.

They've had total control for almost a century, so that's fairly stable, but it still would only take a few motivated populists to wrest control.

[–] Valmond@lemmy.world 2 points 15 hours ago

So you mean the tariffs are hiked taxes on the poor?

/Well yes.

[–] MTK@lemmy.world 22 points 18 hours ago* (last edited 17 hours ago) (2 children)

Lol, we are not even half a year in to his 4 year term, what do you mean "the next US President"?

[–] kablammy@sh.itjust.works 18 points 17 hours ago (1 children)
[–] anomnom@sh.itjust.works 7 points 16 hours ago (1 children)

Yup, that’s on Easter Sunday 1/4 of 1/4 the way through.

[–] victorz@lemmy.world 4 points 10 hours ago

1/16th of the way done. My gawd. It feels like eight years already. This is gonna be a long wait, you guys. And it's not gonna feel like it's over when he's gone, either.

I'm gonna celebrate on his death day, mark my words. It will be a party. Maybe a barbecue? Yeah.

[–] WanderingThoughts@europe.pub 1 points 16 hours ago

What do you mean US? There's a country left after this?