Donald Trump the Megathread part II - Mod Warning added to OP 10/1/26

 “Hitting Americans in their bank account is usually fatal for those in power.”

You would hope this holds true today also - at least within this global “war” Americans will see casualties - their own casualties - people losing jobs- prices going up etc The TV networks and newspapers not under control of MAGA will have a duty to report on all of this loss - it’s still a significant weapon to use - MAGA will try and cover up the bad stuff happening on home ground - they’re already doing that - if people vote Republican in significant numbers come next elections, then we’ll know the media in America have also failed the people

I'm waiting for him to announce any day now that he wants all countries to repay the money given as part of the Marshall Plan. (I'm serious)

We hang on to what little hope we have I guess - I’m with ya, just not totally convinced American public will react and respond they way we want them to - they seem to be more easily swayed today than ever they were- and not in a good way

Also, it’s not just prices -there’s also loss of jobs which we may not see for a while but it will come - article below bloody sobering reading - I know our country has its problems - housing, long medical waiting lists - etc -but it does have jobs- and good ones too- but for how long more?

Im not particularly religious but I don’t believe it’s a sin to pray for high prices and high unemployment rates in America until they see sense

https://www.theguardian.com/world/2025/apr/09/half-the-place-would-be-blown-to-bits-the-irish-villages-under-threat-from-trumps-tariffs

Trump claims it's already $2 billion per day being taken in new tariffs - which is bullcrap - But the high fives and back slapping on X here is bizzare - don't they realize it's $2 billion per day coming from them (even if it was true)

Even if there are products that are created end-to-end in the US, prices will likely still go up on those to closely match their tariffed equivalents while being slightly cheaper, driven by a mix of corporate greed and general increased operational costs caused by Trumps disastrous policies.

Nobody wins here, apart from Trump and that’s mostly in his own head.

t bills falling is hardly surprising when Trump has talked previously of such bonds being forcefully elongated, another form of default.

Tariffs actually happening crystalizes the t bill risk, so no surprise if they're being sold off around the world.

I'm not what the fed can do, as this isn't a liquidity crisis like in 08. This is a tsunami of USD coming home where no where to go.

It's not really. It's the US that's at war with the global economy. It's just China has been more prepared for turbulence since the Huawei ban.

The global economy outside the US will continue regardless.

According to Trump, it's for the purpose of getting US citizens back in jobs at home that were originally America's in factories in the US before the owners of those factories shut up shop there and moved production abroad. Jobs at home means more happy employed people in the US, more tax for the US, no scrounging off Uncle Sam and every four years the return on votes.

He won't mention the undeniable US corporate urge behind the closures and movements abroad and the failure of US Federal and State Govts to keep the same US corporate boardrooms happy at home.

On the actual big money being in more expensive drugs, that's probably part of the allure for him.

They will wake up to reality when the price of almost everything doubles on Amazon

It ends as quickly as it started. This is all smoke and mirrors from the Trump administration. Markets are panicking because they are sensationally overvalued and in a bubble. There is too much interconnectedness in the global economy for these tariffs to last; deals will be made in the coming weeks and life will go on.