

Absolutely. As an investor and enjoyer of US markets and economy, I am truly terrified at the ramifications of all this. No safe harbors left to hide in and it appears to be hit the economy with a wrecking ball, and funnel the remaining funds to elon. I’m not so interested in US markets anymore and i can imagine this will have a lasting effect on investor confidence and companies bottom line.
What confuses me is if you steal all the money and destroy the stock market and USD in the process, what do you even do with the stolen wealth?
Yea i guess the most simple explanation, that is most coherent with the rest of the administration’s actions, is that it’s just a mob style shake down of every major economic player. Pure extortion as the japanese said.
But ya its funny to see the SEC and DOJ neutered and then actually used against big tech. Ironic and poetic, and fucking stupid. It really burns at the senses, and creates confusion.