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Comment by timr | Hacker News Reader

> Indeed. That's especially true on the NATO side. This is a historical event on the scale of the breakup of the USSR.

Exaggeration isn't helpful. Whatever "this" is, you can't possibly make an assessment of that kind until years after the fact.

In March 2020, people were convincing themselves that the global economy was flying straight into the ground, but people who didn't lose their minds made a lot of money, quickly.

IMO, there was a better case for that panic, given the context (they were partly right! the lockdown stuff was incredibly costly!), than there is that this particular spasm is meaningful. Only time will tell.

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> Exaggeration isn't helpful. Whatever "this" is, you can't possibly make an assessment of that kind until years after the fact.

I don't think you fully grasp the gravity of Trump's actions.

For the first time in its history, NATO is excluding the US from arms purchase programs. This takes place at a time where the EU is scrambling to prepare for a war with Russia, which is also caused by Trump's action of abandoning it's allies,

The Trump administration is also heavily invested in annexation rhetoric targeting multiple NATO members.

Then there's the whole tarrif absurdity.

These sequence of moronic steps individually represent world-changing events. They all took place in a couple of months into the Trump administration's takeover.

This goes well beyond the suspicion that Trump is a Russian stooge. This changes the way the world was structured after WW2. The fall of the soviet union might even have a smaller impact in world history.

> I don't think you fully grasp the gravity of Trump's actions.

I "grasp the gravity", to the extent that anyone is actually able to do so at this time. I am unwilling to engage in hyperbole in order to create the illusion of a nearby black hole.

This is a non-partisan reaction. I am opposed to tariffs; I am also opposed to panic and exaggeration.

> This goes well beyond the suspicion that Trump is a Russian stooge.

Your choice of neutral, unbiased language is compelling.

The first man on the moon, the breakup of the Soviet Union, September 11 - these were all things that people predicted would be monumental world-changing events at that point in history, and also proved to be after the fact. Maybe history will prove us wrong, but this feels like one of those moments to me.

I mean we correctly estimated that the breakup of the USSR was a big deal without hindsight.

People who didn't panic during the covid crash made money not because they understood the situation but rather because the money supply went into the stratosphere.

In many ways the spasms we have seen globally the last few years are all downstream of the lockdowns and their damage.

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