Both Elon Musk and Trump have been sharing very radical and almost unheard of ideas in US politics. Elon is out there cutting federal departments without doing proper research first, which obviously is pissing a lot of people off. Then you’ve got Trump who’s casually saying he might go for a third term.
I don’t think people fully understand the consequences of this behaviour on the stock market and the future of capitalism. Stocks go up and down, Trump’s tariffs will obviously cause a downturn but I’m very confident of an eventual recovery. The problem isn’t the tariffs.
The problem is that US politics is starting to get very exciting, and that’s a REAL problem. If 2 radical right-winged people like Trump and Elon can be given so much power so quickly, what’s to say radical left progressives won’t be elected the next election, or a full on socialist/communist?
US politics used to be super boring, and that was a VERY GOOD thing. The success of US businesses and the growth of the US stock market to become the most valuable in the world was dependent on clear and transparent regulations. The political environment was largely moderate, with right wingers focusing on some fiscal policy leniency while left wingers focused on social policy leniency.
WW1 and WW2, along with so many fascist and oligarchic agendas in Europe resulted in their decline from their once leading economy. Even though they are largely politically stable now, once trust is lost it’s gone forever.
If this far right winged radicalism continues, it will bring about more far right winged radicalism or perhaps even far left radicalism (socialism, communism, complete and total wealth redistribution etc.)
Stability needs to return to America ASAP, or it will no longer be the economic powerhouse of the world anymore. No one will want to invest in US companies or do business in America.
The consequences of Elon and Trump’s RADICAL behaviour on stocks and capitalism
byu/MisterTrader13 inStockMarket
Posted by MisterTrader13
3 Comments
Do we really need the same exact topic posted in multiple subs?
Can we move on? This is so boring. You disagree, but Trump won on this platform and now we have to deal with it. As the value of companies drop, invest in them so when it turns you will make a boatload of money.
America was never stable. It’s always been an Empire, pushing the world around to its own ends. The decline of American standard of living has been going on for decades. You used to be able to own a house, own a car, have a family and take a nice vacation off one person working. Now, you have two people working and they are renting the house, leasing the car, and take no vacations and aren’t having kids and are massively in debt.
People who think this shit just happened in the past few years have been asleep for the past 5+ decades.