freeatlantis.com is one of the many independent Mastodon servers you can use to participate in the fediverse.

Administered by:

Server stats:

190
active users

#musk

67 posts47 participants11 posts today
Replied in thread

“Monstrously destructive, incoherent, ill-informed tariffs based on fabrications, imagined wrongs, discredited theories and ignorance of decades of evidence. And the real tragedy is that they will hurt working Americans more than anyone else.”

~ Economist Justin Wolfers

#Trump #Musk #tariffs #economy #LiberationDay #recession #inflation #StockMarket #destruction #chaos
/6

statuskuo.substack.com/p/a-sha

statuskuo.substack.comA Sham and a ScamDon’t believe anything Trump is saying about his “reciprocal” tariffs and why we need them.
Replied in thread

"It's going to be huge. We're going to be liberated from friends and allies. We're going to be liberated from reasonable prices. We're going to be liberated from rational relationship between trade policy and the economy and other foreign policy interests. And dammit, we're going to be liberated from the need not to be assholes."

~ Benjamin Wittes

#Trump #Musk #tariffs #economy #LiberationDay #recession #inflation #StockMarket #destruction #chaos
/5

youtube.com/watch?v=w9JFa7kCf8

David Kurtz looks at what Musk-Trump are doing to the government and the economy and sees a common theme: the intent to destroy:

"The damage will be so vast and foreseeable that it’s hard not to veer into wondering about Trump’s motives in unleashing this much destruction on his own country."

#Trump #Musk #tariffs #economy #LiberationDay #recession #inflation #StockMarket #destruction #chaos
/1

morningmemo.talkingpointsmemo.

Morning Memo · Trump’s Tariffs Are A Colossal Self-Own For The AgesBy David Kurtz
Replied in thread

“They’ve got some very bad things going on in South Africa,” #Trump goes on a #ConspiracyTheory based tangent when he outlines the reciprocal tariff against that nation. Trump & #Musk have repeatedly amplified false claims about the persecution of #white Afrikaners in #SouthAfrica, & made an exception to his refugee ban to screen Afrikaners for #refugee status. Trump included in his tangent a typical criticism of the #media for how it covers South Africa.

Continued thread

"Why are they so enthusiastic? Not only can they make fortunes, but crypto advances their long-term aim of shifting financial controls out of a democratically elected government and into their own hands. ...

Trump and his family stand to gain substantially. The rest of the economy — including, increasingly, large Wall Street banks — will be subject to large and unregulated risks. Beware."

#Trump #Musk #crypto #bitcoin #corruption #scam #oligarchy
/3

Continued thread

"As economist Paul Krugman has said, their market value rests on nothing but 'technobabble and libertarian derp.'

They also use huge amounts of energy — especially for Bitcoin mining.

Eric and Donald Jr.’s mining project is the third major crypto venture that the Trump family has started over the past year. ...

The richest people in America with huge power — the oligarchy, including Elon Musk and Trump — are enthusiastic about cryptocurrencies."

#Trump #Musk #crypto #bitcoin #oligarchy
/2

"Yesterday, Eric Trump and Donald Trump Jr. announced they were joining forces with a Bitcoin mining company to create a firm called American Bitcoin. Eric will be co-founder and chief strategy officer. ...

Let me remind you, in addition, that cryptocurrencies serve no useful purpose other than the purchase of other crypto assets, money laundering, extortion, and scams."

~ Robert Reich

#Trump #Musk #crypto #bitcoin #corruption #scam #oligarchy
/1

robertreich.substack.com/p/tru

Robert Reich · Trump’s Crypto Inc.By Robert Reich