Assuming you can sell the Tesla, doesn’t that just mean that there are just as many people looking to buy a Tesla?
Assuming you can sell the Tesla, doesn’t that just mean that there are just as many people looking to buy a Tesla?
This is true. And right now, at least for the next two years, they have every bit of conceivable power there is. The President, the Senate, the House, the Supreme Court. There are no checks and balances of Donald Trump.
While you are right, I think the person you’re responding to was being sarcastic.
Generally speaking, wealth is not built by working. It’s built by investing. It’s possible to have a relatively small salary and get relatively wealthy if you consistently live below your means and invest the surplus. Power of compounding.
From my viewpoint, Trump is and will be causing social hardship much more than economic hardship.
I could possibly see a benefit in preparing for a harder times socially. Further division among neighbors might be the main casualty of this administration. Social cohesion is already struggling from his first four years.
Economically, I have no confidence in Trump’s actions overall, but I am very confident that his massive ego determines his actions, and that ego is largely held up by the performance of the stock market. He will be very careful not to take any action that will rattle the markets too much. Whenever he see a negative reaction in the markets, he pulls back, claims a moral victory and moves on to the next thing.