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MAGA flash crash! Trump ally loses $20B as Trump pockets 'big crypto'

Posted on January 30, 2025 By Skincare 20 Comments on MAGA flash crash! Trump ally loses $20B as Trump pockets 'big crypto'


As tech stocks prove volatile, Trump and Musk are trying “X” tactics to fire public servants, the New York Times reports. MSNBC’s …

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Comments (20) on “MAGA flash crash! Trump ally loses $20B as Trump pockets 'big crypto'”

  1. @bertlarsen3202 says:
    January 30, 2025 at 9:27 pm

    Trump is your daddy

  2. @megchetter8987 says:
    January 30, 2025 at 9:27 pm

    Bezos likes his employees to be terrified when they wake up each day…its becoming the new modus operando for business and govt it seems 😔🤬

  3. @markpeter9186 says:
    January 30, 2025 at 9:27 pm

    Bureaucracy plays a crucial role in government for several reasons:

    Efficiency:
    Bureaucracies help streamline processes, ensuring that government functions operate smoothly and efficiently. They establish standardized procedures for carrying out tasks.

    Implementation of Policies:
    Bureaucracies are responsible for implementing laws and policies created by elected officials. They translate political decisions into actionable programs and services.

    Expertise:
    Bureaucrats often possess specialized knowledge and skills necessary for managing complex functions of government. This expertise helps in making informed decisions.

    Stability and Continuity:
    Bureaucracies provide stability within the government structure, ensuring continuity of operations even when political leadership changes.

    Accountability and Transparency:
    Established procedures and hierarchies help ensure accountability in government actions, making it easier to track decisions and their outcomes.

    Public Service:
    Bureaucracies are tasked with providing essential services to the public, such as education, healthcare, and infrastructure, contributing to overall societal welfare.

    Regulation and Oversight:
    Bureaucracies help enforce regulations and maintain order, ensuring that laws are followed and that public interests are protected.

    Overall, bureaucracy is essential for a functioning government, enabling it to fulfill its responsibilities effectively and responsively.

    When bureaucracy is dismantled or removed in the context of an autocratic or dictatorial regime, several significant consequences may occur:

    Loss of Structure:
    The absence of bureaucratic structures can lead to chaos and disorder, as there may be no clear processes for decision-making, policy implementation, or service delivery.

    Inefficiency:
    Without established procedures and personnel, the government may struggle to function effectively, leading to delays in essential services and governance.

    Concentration of Power:
    Autocratic regimes often centralize power in the hands of a few individuals, which can result in arbitrary decision-making and the sidelining of expert advice.

    Increased Corruption:
    The lack of oversight and accountability mechanisms can lead to greater corruption, as there may be fewer checks on the actions of those in power.

    Suppression of Dissent:
    Autocratic governments may dismantle bureaucratic institutions to eliminate opposition, leading to increased repression and a lack of political freedom.

    Disruption of Public Services:
    Essential services provided by bureaucracies, such as education, healthcare, and infrastructure maintenance, may decline or become inaccessible to the public.

    Erosion of Trust:
    Citizens may lose faith in the government and its ability to serve their needs, leading to social unrest and potential resistance against the regime.

    Instability:
    The removal of bureaucratic systems can create a power vacuum, leading to instability, potential conflict, and challenges in governance.

    Overall, dismantling bureaucracy in favor of autocratic rule often undermines effective governance and can lead to significant negative outcomes for society as a whole.

  4. @LordElton60 says:
    January 30, 2025 at 9:27 pm

    You Americans actually voted for Donald. A movie just popped up in my mind, and the name is Idiocrasy Had a good laugh when this came out, no way people can be that stupid… No I’m not that sure anymore. He don’t need your vote anymore, so no he does what he wants for the next four years. If he does not totally destroy your country, he will surely do a lot of damage. And make you a lot of new enemy’s. Don’t forget… you own a lot of money to a lot of country’s.

  5. @hippieartist1 says:
    January 30, 2025 at 9:27 pm

    The man is President and is still selling his crap on X. That is not okay and should be illegal

  6. @Jin420 says:
    January 30, 2025 at 9:27 pm

    Typical pump & dump.

  7. @bigjackpot9310 says:
    January 30, 2025 at 9:27 pm

    Sounds like your just jealous or most likely because you were stupid not to get in on the crypto craze when you could have. Absolutely sounds sort of like hating on the smarter crypto people who anticipated something big coming. So please stop hating and bad talking because you missed out!!! But you actually didn’t… if you’re smart, you could still get yourself in and see for yourself that the crypto revolution has only just begun!!!

  8. @citysevevn says:
    January 30, 2025 at 9:27 pm

    Elon’s view of hardships are not everyday American’s views of hardships.

  9. @LouieSapcote-vy5xl says:
    January 30, 2025 at 9:27 pm

    After tonight’s episode with Trump. None white staff have been targeted by a Coward President Trump.

  10. @Beachkid-ru5he says:
    January 30, 2025 at 9:27 pm

    ā¤ļøā¤ļøā¤ļøā¤ļøā¤ļøā£ļø

  11. @CrpytCol says:
    January 30, 2025 at 9:27 pm

    hello guys I have a crypto buyer ready to pay upfront contact me for business if you can help me @brain_box_tools

  12. @daveb2205 says:
    January 30, 2025 at 9:27 pm

    Trump still thinks crypto is a scam, he has just realised which side of that scam he wants to be on

  13. @canttakeanymore says:
    January 30, 2025 at 9:27 pm

    Why wasn’t Elon carrying a sink this time?

  14. @nealprentice8241 says:
    January 30, 2025 at 9:27 pm

    Not sure about this, The question is that twitter is still barely breaking even, but I believe it was losing more money before he bought it. It was never a profitable company. So maybe not the best analogy. Musk to me, is a wild card. Not sure what will shake down from his decisions. He is seemingly putting his best intentions forward, but without question he has a tremendous amount to gain in terms of government contracts.

  15. @AlfonzoWalker says:
    January 30, 2025 at 9:27 pm

    MAGA voted and wants this!

  16. @LaurenWissman says:
    January 30, 2025 at 9:27 pm

    why is tucker carlson so quiet?
    hmm, hmm, mmmmm,

  17. @BoydGilbreath says:
    January 30, 2025 at 9:27 pm

    A while back there were all kinds of laws about false currencies. But laws are just words on paper. When we hear that a bill full of great stuff for the people, we are pleased. We don’t understand why a bill needs to be hundreds or thousands of pages long, but it is so , well? At least once a week a legislator will give an interview and mention that the bill for their review was distributed the evening before the vote! So the people who represent us have no idea what they have just voted for.

  18. @joannabrinkley8266 says:
    January 30, 2025 at 9:27 pm

    I cannot speak for You, but I’m missing Experts-Civil Servants—BUREAUCRATS….that weren’t already financially tied to conflicts of interest or extremism, even before Lobbyists entered—

    Non elected/INSTALLED = ā€œthat are taking their paychecks from You and cutting/vilifyingā€= YOU……as I’m listening, this sounds MUCH like DEFUNDING Government Agencies—EXPERTS….and just perhaps DEFUNDING THE TAXPAYER…..cause THIS ISNT FOR US!
    šŸŒ¬šŸŒ¬ā„ļøā„ļøfreeze

    Musk only has Government Power that President Trump allows for….it seems to me that even when You create cryto in your likeness—it can be a Loser(?)

    This President protects & promotes HIS INVESTMENTs

  19. @helenburke9507 says:
    January 30, 2025 at 9:27 pm

    Voted in a grifter. Expected something different??

  20. @COPKALA says:
    January 30, 2025 at 9:27 pm

    Do you remember that Scotus had decided that Trump could not ‘profit’ anymore of his position as ‘president’ to enrich himself and thereby they declared the ‘trial’ or question in front of them moot?

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