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Tuesday, April 22, 2025

Lawrence: Trump plunging stock market to its ‘Make America 1932 Again' m...

If Republicans don't get off their laurels and act in defense of the U.S.
Constitution, instead of their petty ideological stupidities, they're not
going to enjoy the trappings of their office, nor will anyone's financial
State be preserved. We are on the approach to a "Thunderdome" style
society and that's putting it mildly.

The pre-tariff buying surge has ended, and now shippers are going empty, which means they're going broke.

Without sufficient shipping resources, a cut in interest rates by the Fed will cause buying to surge without sellers being able to restock, meaning prices will surge and demand cannot be met, resulting in inflation. Trump has no economic education, so all he is advocating for is chaos. Just as Hitler did in believing he knew better than his generals, Trump believes he knows better than his experts at everything, despite even sixth graders who read of his travails realizes how ignorant and stupid he is. Oh, and by the way, we've also lost the goodwill of the world, nice going Mr. Trump!


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