President’s move, dubbed Trump Always Chickens Out (TACO), appears to have soured as he loses hold on situation in Iran

From Wall Street to the White House, the dish everyone’s talking about this week is the Persian Taco. It’s what’s served when Trump chickens out in Iran.

In the early hours of Monday morning, witnessing oil prices surge, stock futures plummet and bond yields climb due to his threat to pummel Iran’s civilian power infrastructure, the president hurriedly walked it back, announcing he would put off the bombing because talks with Iran were actually going great. After the bombast and bloodshed, it was time for Taco (Trump Always Chickens Out), a move he first put on display during the tariffs crisis last year.

Bonds snapped back in instants and the price of Brent crude recoiled to below $100 a barrel from more than $112 seconds earlier. By 9.30am in New York, the S&P 500 stock index had jumped 1.5%, defying futures contracts that had earlier signalled a 1% daily decline.

  • foggy@lemmy.world
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    18 hours ago

    This war is a lot like that Glove Slap episode of the Simpsons where Homer realizes if he slaps people in the face with a limp glove and challenge them to a duel, he can get away with anything. That is until someone accepts his duel challenge. Pistols at dawn.

  • Cruxifux@feddit.nl
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    1 day ago

    He’s really done it this time! Time for another peaceful protest to show him that we wont stand for this! Right gang?

    • TrickDacy@lemmy.world
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      23 hours ago

      Time for another useless asshole comment pretending to be self righteous because our lives are so fucking miserable, all we have going on is kicking people when they’re down! Right gang?

      • lumpenproletariat@quokk.au
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        1 day ago

        It’ll really show them if you keep voting in pro-Israel both siders who support and will continue Israeli attacks on Iran.

        • 3abas@lemmy.world
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          23 hours ago

          Don’t dare question liberals! That won’t fly. You must pretend Trump is the only problem with American imperialism, you must “vote blue no matter who”, you must not bring up their outspoken support for genocide and war crimes unless it comes from Trump/Republicans.

        • lumpenproletariat@quokk.au
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          21 hours ago

          Well of course not, giving out food to the unhoused and others, helping with the community garden, etc is far more productive than peaceful protest.