The article says:
Ken Griffin says Trump’s tariff strategy is eroding America’s global standing and investor trust in U.S. financial stability.
We already knew this was going to happen. On June 26, 2024 Reuters released an article with the headline “16 Nobel Prize-winning economists say Trump policies will fuel inflation”. Trump campaigned on tariffs.
In my view this really undermines the creditably of Ken Griffin because an investor should be able to accurately asses information and determine its credibility to make proper investing decisions. Someone who falls for Fox “News” drivel wouldn’t be a good investor. This is why Warren Buffet is outperforming other investors now, he properly prepared himself for Trump’s tariffs.
Source for donation amount: https://www.opensecrets.org/elections-overview/biggest-donors
Can you imagine your entire job being forecasting what other people’s intentions are and making decisions based on it, and being so shit at it that you decide to prop up a guy that’s openly saying he’s going to obliterate the international economic system that makes your job easy?
Some day you will realize that almost nothing C-suites do really makes any difference and they are there just to absorb blame and be a figurehead
Absorb blame assumes they would face consequences when things go wrong.
They do. They get fired from their cushy jobs and land with a golden parachute.
I don’t believe they’re that worried about it. A lot of people made a lot of money buying up ‘distressed’ assets after the GFC with the cheap credit available. If you’re wealthy enough, you make money when things are going well, and you buy up anything that’s on the market when there’s a downturn (preferably with subsidies/cheap credit provided by the government).
If you don’t need to have the income from a job to live off, the business cycle doesn’t really affect you, it’s all play money where you can be on any side of a trade.
I cannot, in fact, imagine this. Not in any way close to what the reality apparently is, anyway.
The other option was friendlier to billionaires and CEOs, but had the downside of bringing expected stagnation. Probably they judged that this variant has a better average expectation or whatever.
Trump is starting to lose the parasite class. He markets himself as a billionaire, but he’s a real estate con man. He has no idea how their world operates.
Yeah, the man can’t hold money. Stop the tap going in and he’d be broke in a day.
And you wanted to see Democrats in your country evolve to something better, you’d want for this not to happen. Because their support for Democrats will mean they don’t need yours once again.
Ken Griffin provably lied to congress under oath. The only place he belongs is prison.
Financial terrorist and mayonnaise loving inflamed fathead Ken Griffin was all in for fascist and fellow white fatty go-go boot wearn’ Ron Desantis. He didn’t want Trump.
Hide your bedposts!
EDIT:
“Man takes toxic shit in crowded elevator; complains about smell”
Can you imagine as a normal person, giving someone like $5,000 and then having them light it on fire in front of you and then spit in your face as return, lol
Not that the Daily Mail is the most reliable source out there, but I was curious as to why posters in this thread were talking about “bed posts”. I came to discover there is certainly a valid reason why.
More importantly than what CEOs say is the problem of the CEO. We need to decide what we will do with the CEOs and how we will redistribute the stolen wealth.
Now I understand. Also I looked up the Mayo joke and found the explanations for that here: https://old.reddit.com/r/amcstock/comments/pek85m/what_is_the_ken_griffinmayo_backstory/
I didn’t know the lore behind him because I just found out about him because I was reviewing the top donor list on open secrets, I searched his name and found that article.
Well well well, does his mayo smell now?
It’s time we stop caring what CEOs say and start planning on how to handle all the headless corpses
This.
The hypocrisy makes me want to throw a bed post at him
Trump and his tariff flip flops ARE the American brand
Too late, my dude. And besides that, we now know that the US is willing to burn itself for some asshole like Trump. This won’t be the last fire and we all know it.
