Its liberation day!

Trump is golfing while a man he admits is innocent is in an El Salvador prison

Wow, $11 trillion is a lot. Really puts the $36 trillion sitting liquid in offshore tax havens into perspective (yet seems to be missing from every conversation about money.)

Curious how does that stack up historically with the largest drops in history percentage-wise?

I checked out the investopedia article:

• The Dow had its sixth-worst week of the 21st century; it fell 7.9% over the week and 9.3% in the last two days.
• The Dow shed 2,231 points on Friday, its third-largest one-day point decline on record. 
• The Nasdaq Composite has dropped 11.4% since Trump’s tariff announcement, also its worst 2-day stretch since March 2020.

I’m 41 years old, I’ll be 42 in a few weeks, I’m getting really tired of living through these “once in a lifetime events” every 24-48hrs.

Now I know why Trump, during his rally, said people would ask him to stop winning.

We're entering Once in a Lifetime Recession #5. Buckle up folks. The feds up shits creek and has been since COVID, so no cash bailouts are coming anytime soon. This should be a fun one!

Putin will be pleased.

Is this the red wave?

Lets hope this leads to Republicans loosing for 60 years like last time :3

Oh no, billionaires losing unrealized gains, what a shame

Let's flip the fuck out about it

Are we winning yet?

Let's see if he can make that number $111 Trillion lost by the end of May 2025.

Liberating the fuck out of our wealth. <teamAmericaTheme.wav>

Gasp! However, zero sympathy for the MAGA voters losing their asses in the stock market.

You can't really use past market events as a reference for anything happening now. The global system is completely different and changing very fast. The longer term implications here are that the U.S. Govt has been out of money for a while and there is a ton of upcoming debt to issue. Part of the response to this is to fund the Govt using tariffs, and begin shrinking the deficit by using the economic problems and the total debt to justify it. They are trying to avoid a debt crisis where there is more debt being issued than buyers. The problem is that this time, with other options existing for capital than Treasuries, which given the circumstances, the old idea that people run to Govt debt when the markets crash for safety just might not hold up this time. The end result is that they haven't solved anything, and in fact made the upcoming debt crisis much worse. What's more is that the old reserve currency dollar system being replaced will accelerate now as trade is forced to route around the U.S. There are so many second order effects here too, all of this will kick off a justification to privatize everything and have the private sector jump in to save and replace Govt functions. What they have wanted to do all along anyway, and given the current political climate will mirror the oligarchs taking over Govt functions after the collapse of the USSR. This is just more of a controlled demolition.

Sorry for the wall of text. Also, a bretton woods style agreement will be necessary, it's just that there is no single world power strong enough to enforce one. The futures for Monday look pretty bad too, and there are so many unresolved problems since 2008 that could blow up one after another once all the liquidity is removed and there is no one willing to purchase all the upcoming debt.

How does this compare to 2008?

so the chainsaw worked!

Just wait until the markets open on Monday...

Step 1: Crash market

Step 2: buy cheap stock

Step 3: undo regulation/get kicked out

Step 4: market rebounds

Step 5: Sell stocks for huge profits.