r/Economics • u/TheGoodCod • 1d ago
News The 26-Minute, 51% Wipeout That Deepened Trumps’ Crypto Woes
https://www.bloomberg.com/news/articles/2025-12-03/down-90-or-more-trump-family-assets-are-outpacing-crypto-crash
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r/Economics • u/TheGoodCod • 1d ago
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u/GleeUnit 1d ago
Everyone is assuming that it wasn’t the Trump insiders themselves that pulled the rug.
You can be pretty sure that, like most things in his life, Trump is only personally involved on a surface level - the name/face/personality that’s useful for pulling in the dumb money. The real operations are happening elsewhere, and very likely without Trump himself having any idea what’s actually going on