Donald Trump is moving too fast, alienating allies, making Americans poorer, and tarnishing the sterling reputation of US assets, Citadel CEO and founder Ken Griffin said Wednesday.
Though the president may have identified real problems, his methods to solve them don’t appear to be working, and are unlikely to revive American manufacturing, Griffin told Semafor’s Gina Chon at the World Economy Summit in Washington, DC.
Previously, Griffin said, “no brand compared” to US Treasurys, the strength of the US dollar, or the nation’s creditworthiness. But Trump’s tactics have “eroded” that reputation.
If the US gets poor enough can a fast food combo cost less than an hour of working an assembly line?
Ken Griffin lied under oath to congress, but you know, $$$
Rules for thee but not for me
The billionaire, parasite class is turning against Trump. They wanted lower taxes and less regulation to commit more crimes, not massive global instability. And they definitely didn’t realize how diminished Trump is and the role the adults in the room played in the first administration.
This level of chaos will never be profitable. It only accelerates their plans to retreat to bunkers when everything collapses. That was supposed to be caused by climate change, not unforced errors from a senile president and the clown car administration sound him.
I don’t feel bad for these morons. Trump is doing exactly what he said he would do and these supposedly more intelligent billionaires are completely surprised.
I’m wondering what makes you think that becoming rich automatically makes you a parasite. No doubt many are, but even as a Linux user it’s hard to see for example Bill Gates as a parasite. Or Warren Buffett for that matter, despite his flaws.
I mean, we can somewhat argue about millionaires, but Billionaires? No way anyone EARNED that much.
I get your point but I don’t think that’s equates to being a bad person. At least the two folks I mentioned as examples are doing major philanthropy with their funds and I don’t think not earning the money is a bit different than just straight up calling them parasites. It’s a systemic issue that we as a society need to work on together rather than all the hate and division that has driven a lot of countries to populism.
The change handed out by billionaires as philanthropy is PR to keep them from paying their fair share in taxes. Calling them a parasite class is completely accurate— they couldn’t have earned that much wealth without exploiting both the laborers who created it and the society that their extreme horde inherently destabilizes. If they paid their fair share in taxes, then their donations would be appreciated.
Surplus value my friend, it’s all in the surplus value.
Absolutely, I just disagree with hating on some collective group instead of trying to fix the issues we have in our societies together.
we know where thiel is hiding, at least one of his bunkers is in new zealand. he can have his harem of men to live with him.
musk has a fetish so he built a compound for his concubines in texas.
NZ should deport that asshole.
as directed as putin, if usa is weakened they are less likely able to stand against Russias imperialistic aims, which is also subjagate ukraine and its bordering countries.
Well put, but also leopards.
Griffin is one of the Republican Party’s biggest donors and has previously downplayed the threat of trade duties.
Still, the tariffs have been a major focus for Citadel, at a time when Griffin had expected a breather from the pressures of new regulations under the Biden administration.
Griffin had been relishing “the idea that I have four years to focus on my business.” But thanks to tariff turmoil, the country “has devolved into a nonsensical place” where business leaders are distracted by concerns such as supply chain disruptions.
Yep, as a business leader, that led in this direction, he’s not leading on taking the blame, is he?
