• Ghostalmedia
      link
      fedilink
      English
      476 months ago

      The dumb ones will. The smart ones know that demagoguery and authoritarianism can impact trade and currency valuation, and investing in them is a great way to lose a lot of money.

          • @Wrench@lemmy.world
            link
            fedilink
            35 months ago

            Yet, he will happily carve out ginormous advantages for his big backers. So they don’t give a shit if the castle falls as long as they can loot the treasury and get out first.

        • Ghostalmedia
          link
          fedilink
          English
          45 months ago

          Not every billionaire thinks Trump is the best way to get richer. Many think he’s a good way to lose a lot of money.

          Greed gonna greed. Some billionaires think Trump will make them money, others think the opposite.

        • Ghostalmedia
          link
          fedilink
          English
          126 months ago

          Nope. The rich are greedy and I’m just saying that not all of them think Trump is smart investment.

          • @eestileib@sh.itjust.works
            link
            fedilink
            75 months ago

            https://www.motherjones.com/politics/2024/06/rich-top-100-campaign-donors-lean-trump-republican/

            … the lion’s share of confirmed contributions from the biggest political givers—the top 100 families—have flowed to Republican candidates and groups.

            In the “hard money” category—direct donations to candidates, which federal law caps at modest sums—Republicans took in 27 percent more from the Top 100 families than Democrats did ($85.9 million vs. $67.9 million).

            But looking at all federal contributions, including “soft money,” a category that tallies the generous donations allowed to party committees and the unrestricted contributions to SuperPACs, Republicans raked in a whopping $508 million from the Top 100—triple the Democrats’ $169 million take.

      • Natanael
        link
        fedilink
        25 months ago

        Some of them care more about power than even their own quality of life