this post was submitted on 17 Oct 2025
37 points (100.0% liked)

US News

2388 readers
75 users here now

News from within the empire - From a leftist perspective

founded 6 years ago
MODERATORS
muad_dibber@lemmygrad.ml
37
Trump says 100% tariffs on China not sustainable, still plans to meet Xi (www.reuters.com)
submitted 1 week ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml
14 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[โ€“] Maeve1@lemmygrad.ml 7 points 1 week ago (1 children)

Why would it be high stakes for themselves personally, I'm sure real assets are secured abroad.

[โ€“] yogthos@lemmygrad.ml 6 points 1 week ago

Exactly, not only are they largely insulated from the crisis, but they would also be in a position to benefit from it. Should a crash happen, then a lot of people will be forced to let go of their assets and that makes them available for the billionaires to vacuum up.