Wednesday, 9 April 2025

EU unveils 1st retaliatory tariffs as Trump tweets out it is a great time to buy the stocks he has crashed as US stocks face an 85 % style Dot Com Will this tweet put him in prison for insider knowledge of a plan to crash the stock market for profit?

New tariffs set to come into force in the EU on April 15th for US products.

https://www.cnbc.com/2025/04/09/european-union-approves-first-set-of-retaliatory-tariffs-on-us-imports.html

This after China imposed 84% tariffs on US imports in retaliation to Trump s 104% on Chinese exports.

If and when US companies leave China to invest in building new factories in the USA, how likely are they to a) produce things soon b) lots of things c) employ lots of people at good wages d) produce things at a competitive price and c) to fund consumers who can still afford to buy anything as debts and interest skyrocket?

Comsumption has taken a big hit in the USA already and the wave of bankruptcies and job cuts have not even come.

Investment is unlikely as firms fear uncertainy and recession.

Meanwhile, China  and the BRICS are set to boom.  The days when the US, UK and EU economies were the richest are over.

As the days pass, and the disaster becomes ever clearer, Trump, Navarro, Bessent, Lutnick and their purveryors of fake news should start trying out orange jumpsuits.

And, or learning Chinese.

Seriously.

The tariff tax induced economic nuclear winter was one trick too far.

Now that US businesses, workers, consumers and investors and MAGA voters face losing trillions due to Trump s obviously crazy plan, there will be no where for the breakers of every election promise to run to.

As for martial law, FEMA camps, deregulation to allow for slave labour in the USA and conscription, they can forget that. Their MAGA base will be using their weapons to deal with the enemy within.

Most likely an investigation will show they have profited handsomely from inside knowledge of how they intended to crash the US economy. 

Trump has even tweeted out that it is a great time to buy stocks which he has crashed....

https://www.cnbc.com/2025/04/09/trump-tariffs-live-updates.html

He may not realize it but deliberately crashing a stock market to buy up stocks on the cheap is also a crime.

Plus, he is giving suspect advice as it is certainly not a good time to buy a stock market which could fall 85% like during the Dot Com bubble because the economic fundamentals he has created are so disastrous.

But then again, he has a tendency to project onto Americans an IQ of 10.

The only question now is how until this "truly moronic" Prez and his advisors who are "dumber than a sack of bricks" are in prison. 

It is no longer a matter of if Trump goes to prison. But when.

Wihtout his MAGA base, the military, the billionaires, Trump is in deep, deep, deep trouble.

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