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Bro, we're heading into depression territory if Trump stays this course.
Just like he plans.
I slightly disagree. I think Trump thinks his strongboi bullshit is legitimately a good idea economically... I think everyone around him from Project2025 & Musk nazi land is banking on an economic collapse to transform society into the handmaids tale... but I have always taken issue with suggestions that Trump is playing 5D chess - he's a fucking idiot that needed to win reelection for his pride and to avoid legal penalties - it's like Ceaser chaining Consul and Proconsul appointments to maintain the immunity of imperium.
Some of us are already in depression territory.
Second? Is that all? Feels like the fourth or fifth.
It could not be any more obvious that his entire goal is to fuck the country in service to Putin. Idiots actually voted for this. Astonishing.
Are your eggs cheaper yet?
If it just drops around that much, that's business as usual. But I'm sure there will be drama that fuels more things to come.
That's really it, it rose 300 pts this week, and 2100 over the last month. 600 pts is just a blip, merely wiping out a week or two, that's all.
600? Wow, is that a lot? I don't know because I'm not a dumdums capitalist who cant tell the difference between a roulette wheel and the Oracle at Delphi.
Well, the oracle just got like 500B and might buy tik tok. So they're OK.
Everyone else got a rigged game of Russian roulette - every chamber has a bullet.
I love Oracle buying tik tok because they always seem to destroy everything they buy
And, somehow, like the rest of the tech Titans that produce shit, they become ever wealthier and powerful.
Crash it, crash it all!!!
how many in his circus of an administration sold high or short last month?
All of them. And they are buying now so they can fix it and make a killing.
🎶Down🎶
🎶Down🎶
🎶Down🎶
🎶To Goblin-Town🎶
I’m 100% against Trump but why are people pointing at this and sayin “SEE TRUMP BAD” this is not a bad thing for billionaires. The only people this hurts is middle class Americans who have much of their savings tied to investments.
This is exactly what they want. All the billionaires are buying right now and in a few months Trump will kick the FED in gear and start printing trillions of dollars just like last time. The billionaires will become richer while the poors get poorer.
If you have any available cash put it all in S&P 500. You will make some money when everything levels off or trump rescinds the tariffs because “they learned their lesson”
The only people this hurts is middle class Americans who have much of their savings tied to investments.
Also everyone who is somehow affected by pension funds, if I'm not mistaken.
It might not be so simple. Once you've imposed these tariffs to your allies, you can't go back to the world where they didn't exist. Everyone sees this and will remember, it will take a long time to build trust again, including among investors.
The billionaires will possibly benefit from this, but it's very risky. If he just wanted to please the wealthy, he could have just gone with some tax cuts and removing regulations as is traditional for the Republicans.
this post was submitted on 02 Feb 2025
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