Posted on 04/07/2025 5:37:34 AM PDT by ChicagoConservative27
Billionaire fund manager Bill Ackman, a staunch President Trump ally, has warned the world is on the brink of a “self-induced economic nuclear winter” – as he begged the commander in chief to pause his sweeping tariffs.
“The President has an opportunity on Monday to call a time out and have the time to execute on fixing an unfair tariff system. Alternatively, we are heading for a self-induced, economic nuclear winter, and we should start hunkering down,” Ackman wrote in a lengthy X post Sunday night.
“May cooler heads prevail.”
Ackman, who endorsed Trump’s run for President, issued the stark warning as he insisted the US leader’s decision to enforce the 10% tax on imports was quickly losing the confidence of business leaders worldwide.
(Excerpt) Read more at nypost.com ...
Wall Street vs Main Street
CORRECTION...
Billionaire fund manager Bill Ackman, a staunch President Trump ally, has warned HIS FIRM AND OTHERS is on the brink of a “self-induced economic nuclear winter”
The cash cow has run dry, Bill.
Unreal. The stock market goes down a few days and they lose their minds. “Waaaah! We have to continue to allow the entire world to rip off the USA!”
Is Ackman daft?
I wish someone could explain the panic
The reaction to Trumps tariff policy is “transitory”.
“I didn’t think the leopard would eat MY face,” says man who supported the Leopards Eating Faces party.
Sounds like Inflation - transitory lol
Until recently, Ackman was a longtime supporter of liberal causes and Democratic candidates. He shifted to the right (sort of) in 2024.
That kind of history will not prepare him to understand what Trump is doing.
Ackman is NOT a “staunch” Trump supporter. He only came around when he saw that Pres Trump was going to win, again.
He’s part of the WSJ/globalist sect that are melting down over their gravy train being turned over on its side.
Trump has waited patiently for 40 years to see this happen. It doesn't get much cooler than that.
Trump is exposing all the rot, not just in our political institutions but in our economy. What he's doing is essential if we are to avoid a real financial disaster.
Ackman is a Johnny-Come-Lately to the Trump (conservative) agenda. Likely he is more jumping on a bandwagon and not to be trusted. Calling him staunch supporter is a flat out lie.
Also his concerns have nothing to do with the paycheck-to-paycheck crowd, his panic is all about the wall-street crowd seeing their influence and control being taken away and their finances now part of the same game the “suckers” on the bottom had to live with.
Globalists and their flying monkeys are panicking over loss of power and control.
Exactly right.
They don’t know how to spin the fact that they stand to lose a lot of their own greedy money, at least in the short term, so they just change the characterization to scare people.
The Chinese-made chattels ‘our’ multi-nationals sell are generally not made in the USA.
The Chinese are in no position to tariff multi-national/Chinese joint venture products as they are not imported.
If the EU tries to retaliate against stuff made in China by US multi-national/Chinese joint ventures, the Chinese will fight the EU.
The Chinese government doesn’t want joint venture workers to lose hours or jobs.
Eggzackly LOL LOL! I know who that is!
You are very anti-Trump, aren’t you, Babble-On?
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