

You’re a silver linings kind of guy. 🙂
You’re a silver linings kind of guy. 🙂
It’s a fire sale for people who moved to more securities and cash earlier when trump signaled that he was going to crash the market. Also his billionaire buddies when he said he was going to do this, got a heads up.
They’re going to buy premium stocks for dirt cheap now and clean up if/when it recovers.
The issue this time around is, trump destroyed the fundamentals of trade between literally every other country on earth outside of the US.
There’s literally no way for the market to recover when it’s largely based on the same global trade that trump just destroyed for the next generation or two at least.
Allies will not trust the US anymore. We just pulled a Brexit and gave up our seat at the head of the table in world trade.
They may recover, but not to the pre-trump tariff’s level.
Rhyming here, but yeah, basically.
They started deporting and when countries stopped taking the “undesirables”, they concentrated them in a few camps and then they decided that killing them was the same as keeping them alive.
We’re not there yet, but this administration just rhymed “Nazi” with “Natsi” thinking they were clever by using the phonetic pronunciation and nobody would notice.
Narrator: “They listened to him.”
Just a minor correction: There is no herpes vaccine. It’s the HPV vaccine you’re thinking of.
Would be nice to get a herpes vaccine, but they’re not there yet.
This was a long, but great read. Listen to this man. I have had similar experiences and outcomes, though not nearly as deep as the OP above me.
While absolutely awesome and I support and encourage this in every way; that’s less than 1% of the population of the US.
Fuck that last line slaps. Going to steal that for the future mate.
I work in the library system. This is so stupid and will do so much damage. Fuck musk and trump. Fuck them in their traitor nazi fascist narcissistic stupid face.
Edit: is there some sort of pro trump/musk bot that just goes around downvoting anything negative said about them or something?
I should have been clearer, apologies. I understand the article is fake, I just hate that she finds this even remotely funny or felt the need to share in any way.
True. Though they’re idiots if they think that crashing the economy will create a “dip” that they can buy back in with.
This isn’t a March 2020 market crash caused by some mysterious impersonal virus.
This is him intentionally killing trade agreements that are practically unrecoverable, and the market reacting to that. The market will not bounce back. Our market was largely based on trade. That period is over now. No trade will be happening, not anywhere near the amounts previous.
The market can’t recover from a policy shift towards chaotic fascism. Because our foreign allies have long memories and China’s been waiting for a moment just like this to take over from the US as the world superpower.
This isn’t a temporary crash. This is upending trade policies that took 75+ years to establish and work out. Using the post WW2 reconstruction of global currency that we practically dictated to the world. We put ourselves in a position of unparalleled power in the new world economy by convincing everyone in the world that we were a stable and trustworthy government who wouldn’t ever betray them.
You can’t bring that back by just “dropping” tariffs.
There’s a literal boycott on US goods right now across the world. Nobody’s buying our shit, and I don’t blame them.
We’re intentionally fucking up the global economy, for absolutely no fucking reason, other than this dementia addled dipshit thinks trade is bad and tariffs are good.
That’s literally the closest thing to saying the earth is flat, from an economists standpoint.
This is going to take DECADES to recover from. If the market is lucky.
We just shot ourselves in the foot with a Russian donated AK-47 on full auto and didn’t let off the trigger until both of our feet were just shredded piles of bone and meat, and the ricochets also caught all of our friends standing next to us in their feet as well. Not as badly as we shot ourselves, but more than they were expecting I suspect.
God, the Zelensky one gets me.
He’s not begging for money you ignorant, narcissistic, walking dunning-kruger, fascist supporting asshole.
He’s literally fighting a war against an enemy of America since the 1950s that invaded his country and he’s asking for help so his countrymen and women don’t die or get oppressed by Russian annexation.
He’s on the front lines, we should be thanking him you dumb cunt.
10% so far unfortunately.
Recessions officially require a slowdown of an economy over a longer period of time. Usually the stock market has nothing to do with it, though it can be a canary in the coal mine for it.
A recession has more to do with unemployment rate rising, negative GDP growth and consumer spending indexes falling.
Essentially it’s just a fancy way of saying the economy is slowing down in every category.
The stock market is a rich person’s playground in this day and age mostly.
Do you only fuck sharks that are communists, or are you a communist that fucks sharks?
I suppose that’s not mutually exclusive, after thinking about it.
I am assuming this is satire and everyone missed that?
I was unaware of this. Thanks for the info!
We’ll have Palin there, looking out her window, to let us know the second she sees the Russians.
It’s my understanding that it’s been put to a vote several times there and they’ve chosen not to join the states. Something about taxes going up.
“all the food coming in at the docks is covered in human spit for some reason”