Hacker News Reader

It benefits a few corporations in the short term but not America in general. And if the oil prices rise and stay high, there will be demand destruction. US sits on top of the capital food chain and will be hurt.

That's true. Both USA and Russia should be quite happy with the current state of affairs. China not so much.

Rest of the world is quite pissed with USA. But that's just emotion. Unless it gets realised into something concrete it matters little.

Trump is at -20% net approval and it's steadily getting worse even now. Seems like most Americans don't decide whether things are going great by looking at S&P 500.

neither he nor people that will decide 2026 election give a hoot about his net approval rating. they should not even poll this. the only thing worth polling is few states that could swing the election one way or another (and this is even smaller number than normal for upcoming midterms). what americans think on the whole has stopped mattering awhile ago…