this post was submitted on 10 Feb 2026
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[–] spaghettiwestern@sh.itjust.works 310 points 2 weeks ago* (last edited 2 weeks ago) (37 children)

I wonder how many trillions of dollars the Trump dumpster fire will end up costing American business.

You'd think our corporate overlords would remove him.

[–] ReallyActuallyFrankenstein@lemmynsfw.com 127 points 2 weeks ago* (last edited 2 weeks ago) (15 children)

Let's say the pre-Trump economy is worth $100 trillion, and a particular billionaire's share is $2 billion. Let's say Trump catastrophically decreases the economy's value to $50 trillion, while increasing corruption such that that Trump is getting more power, and the billionaire's share is $10 billion.

This is followed by a collapsing market that creates a dip in share prices or private valuation, the assets of which can be bought for pennies on the dollar, eventually leading to that billionaire having $30 billion in a total economy worth $20 trillion.

Win/win for Trump and the billionaire, at the cost of everyone else.

That's basically what's happening, and will continue to happen.

[–] kn0wmad1c@programming.dev 22 points 2 weeks ago* (last edited 2 weeks ago) (11 children)

I'm not an economist, so here's my ass talking, but I don't think your example scales out. I think you're making the mistake of equating the stock market to the economy. It isn't.

Not everyone wins in a failing economy. If one billionaire makes out, three more lose money.

[–] technocrit@lemmy.dbzer0.com 0 points 2 weeks ago (1 children)

If one billionaire makes out, three more lose money.

That's just what you say. And who cares about billionaires losing money anyway?

[–] Bronzebeard@lemmy.zip 2 points 2 weeks ago

The billionaires will be buying up what the millionaires sell off to stay afloat.

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