"Carnage, panic, bloodbath"
Hong Kong's benchmark index had its biggest intraday drop since 2008. Bloomberg's Avril Hong reports https://t.co/riVTSl280i
I really cannot think of another time in American history where a single person put the entire country into a recession because of his own stupidity.
Is there any other parallel?
Trump is now locked between a rock and a hard place
He’s playing hard ball and can’t back down now or he will lose face
Countries he has imposed tariffs on will only need to hold their ground at this point because the longer they hold, the more it damages the US stock market
And this will put enormous pressure on Trump.
Trump being ok with this is a lose lose situation for the market
Meaning, he’s deliberately crashing the market to get rates lowered or his aggressive stance to get things done quickly will also cause the market to collapse
These clowns spend all day openly proclaiming that non-Muslims are lower than pigs.
And non-Muslims spend all day defending them.
The world has gone completely insane.