this post was submitted on 27 Mar 2025
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Anticonsumption
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People will debate for quite a long time whether the coming economic crash was desired by Trump and his cronies as a pump and dump scheme/as a way to give his rich buddies an opportunity to buy up large swaths of the economy (see Shock Doctrine by Naomi Klein) OR whether it is a pure honest product of stunning incompetence and stupidity.
I think it's both. Trump is obviously a useful idiot that's being played like a fiddle. The people stroking his strings want to have a controlling stake in the economy and he's dumb enough to believe their claims that this is a good thing.