Thanks, MAGA. You dumbshits. My retirement funds have taken a 4% loss in six weeks, with another likely 15-20% loss coming. That’ll be 2-3 years of financial growth wiped out.
From today’s Letters from an American: According to MarketWatch, this is the worst start to a presidential term since 2009, when the country was in the subprime mortgage crisis. Trump did not inherit an economy mired in crisis, of course; he inherited what was, at the time, the strongest economy in the world. That booming economy is no more: Goldman is now predicting higher inflation and slower growth than it had previously forecast, while its forecast for Europe is now stronger than it had been.
At least the billionaire hypocrites are feeling the pain too: Billionaires at Trump’s Swearing-In Have Since Lost $210 Billion
Doesn’t take a genius to understand that if (at this point, more like when) President Demento crashes the US economy, who will buy all the crap that Amazon, Tesla, and Apple are selling?
I’m just not sure what we all did to deserve the era we’re in. Think about it. Starting in 2016, we got Trump, then pandemic, then more Trump. Twelve years of hell, and we’re only in Year 9.
And for something a little less awful, here’s a smart take on AI. Machines only know what they’re taught. Maybe there’s a place for humans in the post-AGI world after all.