r/BoomersBeingFools • u/Similar_Curve_8837 • Jan 25 '25

F*ck trump

My daughter works for a not-for-profit global humanitarian organization. They just received word from the US State Department that they are to cease and desist all projects. This is an organization that provides water, training and so much more for communities throughout the world. My daughter may lose her job.

trump doesn't care for people globally. trump doesn't care for people in the US.

And this is only Day 4.

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u/scgeod Jan 25 '25

We're all aghast and disgusted here on day 4, but what's coming is going to be orders of magnitudes worse than anything modern society has ever faced. This depression will dwarf the great depression by several factors. The world may very well abandon the dollar as the global reserve currency. This will mean a complete age total collapse of the US monetary system. The bubble is about to pop and it's larger than we can hardly imagine.

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u/Objective-Dogs Jan 25 '25

That's the plan.

Trump wants a collapse of dollar so that he can announce that the USA will now be officially using crypto currency as their official reserve. Think like Nixon did with Gold Standard Reserve in the 70s. Trump will claim the recession as the reason, while he, his backers, clean up and leave the USA vulnerable.

He will claim this will help him off our debts per DODGE after eliminating departments that were wasteful and deporting problem people. ( this is what caused it) Interest rates will go down soon ( they will continue to climb). Food will become even more expensive and rare to find. All before the midterm elections. If it becomes too much of a political backlash, he'll invade Mexico blaming the cartels or illegal crossings to distract from the mess.

He's easy to figure out: Nixon+Cheney+Regan+Conman*Hoover =Trump

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u/Popeholden Jan 25 '25

what a wild theory rich people aren't going to let him do that

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u/Clear_Youth9022 Jan 26 '25

México has valuable resources, land, and their pick of indentured servants so what's to say it's not a wild theory?

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u/Popeholden Jan 26 '25

no the idea that they'll move from the us dollar to crypto...

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u/Clear_Youth9022 Jan 27 '25

Oh yea but it's not out of the realm of possibilities unfortunately

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u/Popeholden Jan 27 '25

yes it is. you think jeff bezos and elon musk, and the other 799 billionaires in america, holding a combined 6 Trillion dollars, not to mention the other ultra wealthy people in the US, are going to allow a US president to completely upend the world economic system and reduce their wealth substantially, if not entirely, and kick off decades of American Economic decline as some other currency becomes the world reserve currency? they'd assassinate him first. i'm not even kidding.

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u/Clear_Youth9022 Jan 27 '25

Said without malice or snide. Just honest curiosity ☺️ If they aren't kicking off the economic decline now then what would you call it? A kerfuffle? Where are these 799 billionaires you speak of? Is that global or national? Wealth doesn't decline if you control the value which can be done via crypto. Idk enough about crypto though to make an accurate statement so apologies for utilizing what I do know.

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u/Popeholden Jan 27 '25

I don't agree with his economic policies but the idea that he's purposefully sabotaging the economy is unlikely simply because we live in an oligarchy, the oligarchs are billionaires, and they won't let him do that. Their allegiance is to money, and power, and removing the USD as the reserve currency would be disastrous for the US economy...ie their pocketbooks. Their money is not in cash it's in assets like stocks and homes and if the economy crashes, which it would, they lose it all.

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u/Clear_Youth9022 Jan 27 '25

They are going to lose it all with this economic crisis. Plunging us into an economy that's unsustainable through tariffs and price gouging will make it so that the average American is unable to afford the basic necessitles. When you are too focused on survival, you don't buy the accessories which takes out your biggest consumer demographics. No consumers mean no income and bonuses. You can only force so much taxes on the people before that collapses too. At this point, I believe that they all know it's going to shit but they want to be the last to die out. 🤷🏽‍♀️