These are my thoughts:

If so, it’s kind of working but also exploding in his face. He’s going after Bezos, Apple, China, all of tech, etc. They have to bend the knee to him to get the tariffs to go away.

This is how putin built his empire and took from the wealthy. Again, this is the stupider version, but I think it’s true.

  • Goretantath@lemm.ee
    link
    fedilink
    English
    arrow-up
    13
    ·
    2 days ago

    No, he’s doing it for insider trading purposes and to ruin the country for revenge.

  • ComradeSharkfucker@lemmy.ml
    link
    fedilink
    English
    arrow-up
    7
    ·
    edit-2
    2 days ago

    I don’t any reason for him to “reign in” the power of the owning class, especially since he and most other politicians are part of it. Its more likely that he is intentionally causing a recession to give the wealthiest an opportunity to consolidate even more economic control by creating conditions where less secure businesses will fail or be bought out. This functions in conjunction with creating a disenfranchised underclass that can be better exploited for cheap labor domestically and abroad by stripping marginalized groups of their rights. He is just looking out for his own in a country that was rapidly losing dominance of global geopolitics and trade.

    • Jiggle_Physics@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      7
      ·
      2 days ago

      Many of these oligarchs openly profess to believing in accelerationism

      crash society so the mega wealthy can swoop in and buy up the state, directly replacing the government.