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Joined 2 years ago
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Cake day: June 17th, 2023

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  • I think it also highlights the absurdity that the stock market has become and how it directly contributes to a culture that allows for human suffering as long as record profits are believed to be around the corner.

    I don’t even understand what record profits they’re expecting at this point. Their sales numbers are dropping, they’re facing stiffer competition, the carbon credits and ev tax credits which benefited tesla so much are going away, and more of their newer offerings like the cybertruck and the taxi service have been absolute disasters. Somehow the company still enjoys about a $1 trillion market cap.







  • Yep, the trade war that trump carried out with China in his first term led to China buying a lot fewer soybeans from the US, instead turning to Brazil (now even more with the second trade war). Since this time his trade war isn’t limited to China, many more countries are finding alternatives. It’s much harder to gain business than it is to retain it and even harder to regain business when lost.

    US corporations were happy to support trump because he’d cut taxes and regulations on them, but that won’t outweigh all the business lost internationally. Instead US corporations will be relying on squeezing Americans even harder in an attempt to make up for that lost business. I suppose that’s the true meaning of “America first”.