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#Nasdaq

9 posts9 participants1 post today
Public
beSpacific

Do not believe anything about the financial market he drops bombs like this every day. US #Tariffs on #China Rise to 145% After Trump’s Escalation. The S&P 500 extends declines to more than 4% while the #Nasdaq 100 slumps 4.5% as the #WhiteHouse says tariffs on China are at least 145%. The House passed #Republican budget blueprint for slashing taxes on RICH, killing govt spending, despite legitimate fear that it will balloon the nation’s #debt #economics #budget #government #politics #democracy

Continued thread
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⚯ Michel de Cryptadamus ⚯

4/ we already know that trump thinks nothing of abusing presidential powers in exchange for cash because he just pardoned a bunch of his donors (e.g. Nikola Motors scammer Trevor Milton) and dropped charges against all his new crypto biz partners (e.g. Justin Sun, a16z).

enriching his supporters w/insider trading opportunities is the same kind of mafia style "repayment"

perhaps trump’s donors were so loud in his ear complaining about all the money they just lost that trump decided to shut them up w/an opportunity to profit on history's largest (not an exaggeration!) insider trading opportunity.

or consider a scenario where #TeslaTakedown has put #ElonMusk financially on the ropes and badly in need of cash. does trump strike you as someone who wouldn't help a fellow grifter out if doing so only cost him some well timed tweets & market chaos?

headline about trevor milton pardon
#trump#uspol#stockmarket
Continued thread
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⚯ Michel de Cryptadamus ⚯

3/ what’s different about this rally as compared to previous bear market rallies is that price moves right now are being driven *entirely* based on the moment to moment proclamations of a mad orange king drunk with power.

trump can easily (and IMHO just did) use this power to xfer massive amounts of retail suckers' money into the hands of Trump donors/friends/insiders etc. w/just a few steps.

[11am] privately inform donors you'll be announcing the cancellation of tariffs at 3pm

[11:01am] donors buy stonks

[2pm] tweet "GREAT TIME TO BUY", transforming donor trades from "insider trading crimes" to "trades based on public information"

[2:01pm] retail MAGA apes & other trump team members (republican congress, officials, etc) "buy the dip"

[3pm] suspend tariffs

[3:01pm] whole world apes in, mkt goes 🚀🌖, insiders' profit massively from their trades.

x.com/unusual_whales/status/19

@realDonaldTrump "THIS IS A GREAT TIME TO BUY!!! DJT"
screenshot of tweet
#corruption#uspol#Nasdaq
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