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Bear Monday -- Tom Sullivan
https://digbysblog.net/2025/04/07/bear-monday/“Unilateral surrender”
Hidden camera video of Elon Musk’s DOGE coders updating Social Security computers.
CNBC this morning: Dow futures fall 1,000 points, S&P 500 eyes bear market on Trump tariff market collapse
NYT: Stocks in Asia and Europe Plunge as Trump Says Tariffs Will Stay
Maybe you are among the 40 percent of Americans who own no stocks, directly or indirectly. So maybe the headlines above don’t even get a second glance. By the time you feel the impacts, they’ll be old news.
. . .
And that’s it, isn’t it? Like me, Dear Reader, you must feel like the clear-eyed child in “The Emperor’s New Clothes” who blurts out that the emperor is naked while the adults pretend he is not. Sunday talking heads keep speculating about Trump’s strategy, debating the method behind his tariffs and DOGE-ish madness, when there isn’t one (except perhaps to usher in a tech dictatorship). The press felt so very free to speculate at length about Joe Biden’s failing faculties, but finds it impolitic to suggest that Trump, immunized by the Roberts court, is simply drunk with power and in steep mental decline, if not stark-raving.
Oh, but look at his finery! Trump will burn this country to the ground and take the world economy with him before adults with a platform will speak the plain truth.
“But he hasn’t got anything on!“
NYT: Stocks in Asia and Europe Plunge as Trump Says Tariffs Will Stay
Maybe you are among the 40 percent of Americans who own no stocks, directly or indirectly. So maybe the headlines above don’t even get a second glance. By the time you feel the impacts, they’ll be old news.
. . .
And that’s it, isn’t it? Like me, Dear Reader, you must feel like the clear-eyed child in “The Emperor’s New Clothes” who blurts out that the emperor is naked while the adults pretend he is not. Sunday talking heads keep speculating about Trump’s strategy, debating the method behind his tariffs and DOGE-ish madness, when there isn’t one (except perhaps to usher in a tech dictatorship). The press felt so very free to speculate at length about Joe Biden’s failing faculties, but finds it impolitic to suggest that Trump, immunized by the Roberts court, is simply drunk with power and in steep mental decline, if not stark-raving.
Oh, but look at his finery! Trump will burn this country to the ground and take the world economy with him before adults with a platform will speak the plain truth.
“But he hasn’t got anything on!“