Critics Ask If Trump and Musk Are 'Intentionally Crashing the Economy'

[sop]

"Are U.S. President Donald Trump, top adviser Elon Musk, and allied oligarchs deliberately trying to tank the economy in order to line their own gilded pockets?"

"Numerous observers have likened it to the 'disaster capitalism' examined in Naomi Klein's seminal 2007 book, The Shock Doctrine: The Rise of Disaster Capitalism—politicians and plutocrats exploit the chaos of natural or human-caused crises to push through unpopular policies like privatization and deregulation that harm the masses while boosting the wealth and power of the ruling class."

"'But it makes sense when you realize his goal is to create something like Russia where the economy is run by a few oligarchs loyal to him,' Chakrabarti added. 'Creating that state is hard in a large, dynamic, powerful economy with too many actors who can oppose him. So he's accelerating concentrating money and power into the hands of his loyalists while he crashes the rest out.'"

https://www.commondreams.org/news/trump-musk-intentionally-crashing-economy

[Lovie777]

1. Yes...

shithole musk republicans hate the USA and her people.

[Alice Kramden]

2. Yes, obviously

Along with crashing everything they can, from within, in cooperation with their pal Putin

[Irish_Dem]

3. This is the plan. Ruin the economy for most Americans, except the billionaires.

Who will become trillionaires.

Like in Russia, all wealth and power is in the hands of a few people.

[C_U_L8R]

4. It's possible they are both that stupid

but more likely they are just corrupt and greedy

[doc03]

5. That is what Reagan did in 1980. nt

[cilla4progress]

6. Duuhhh

On pootie's orders no doubt.

[NoMoreRepugs]

7. Crypto figures into their actions. The majority of it is controlled by a handful of people.

[RockRaven]

8. Yes, of course it is purposeful, THEY SAID THEY WOULD.