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submitted 5 days ago by enub22@50501.chat to c/General@50501.chat

The stock market just crashed by 2 trillion! This is the Republican Recession folks!

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[-] iii@mander.xyz 2 points 5 days ago* (last edited 5 days ago)

If that's true, we can expect businesses to not be affected, and stock prices to remain stable

[-] enub22@50501.chat 19 points 5 days ago

Price hikes is NOT good for business. People are going to be angry.

[-] iii@mander.xyz 2 points 5 days ago* (last edited 5 days ago)

If it's not good for business, then that's not good for the stockowners. Which is mostly the rich.

If the rich loose money, then the poor get richer?

[-] vfsh 3 points 5 days ago

Money is very rarely transferred from the rich to the poor. When the rich lose money it's going to other rich people or corporations.

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this post was submitted on 03 Apr 2025
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