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While Trump’s tariffs are a disaster for economy, I’m not sure the Dems plan to escalate to WW3 would’ve had a better outcome (except for military contractors).
Democrats & Republicans are the cause of our problems. Neither can fix things, nor would they if they could.
Interesting as the Dems plan was to weaken Russia even further while strengthening NATO bonds and ensuring no need for more nukes in the world. Trump’s isolationist plan strengthens Russia and weakens NATO and our allies leading to other countries having no choice but to aquire nuclear weapons themselves for protection therefore furthering the proliferation of nukes and endangering the world.
Not sure if it’s adequate to list Tesla next to the Dow Jones, S&P 500 and Nasdaq as if they were equally important for the economic situation of the country. Tesla historically skyrocketed and plummeted several times. It’s more a meme stock IMHO than a representative indicator of stability.
Walz has been specifically mocking Tesla’s stock plummet these past few months. Hes not saying they are equally important, hes just using this to taunt Musk.
A 1 day 10% drop is a gut punch worth mentioning. Being a meme stock means that the only thing holding it up is the idea that it will always go up. When the meme fades and it has to compete on fundamentals, a car company missing sales targets by 13% in one quarter ain’t gonna do it.
