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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!
Oh no, billionaires losing unrealized gains, what a shame
Let's flip the fuck out about it
Or regular people all losing money they had invested
Dude how many of the 49% of USA citizens who can't even handle a 1k USD emergency spend have stocks or options
How many of the 120 million people who have feared for years that they won't get to enjoy their social security have stocks or options
Because that's the regular people
Are you even reading yourself
Well over 49% of usa Americans make enough to save a thousand dollars . Many are just that bad at managing money. Part of why pensions are important over 401ks.
401ks are invested. People losing their retirement funds. I personally don't have any because I had to use mine up last time I was between jobs for a year, but many innocent people who aren't rich and voted against Trump are being hurt as well.
Millions of people have 401k plans through their employers and have had them for years and are counting on them to live when they retire.
Someones forgetting about 401ks
Trump is golfing while a man he admits is innocent is in an El Salvador prison
so the chainsaw worked!
We’re sick of this winning!
Gasp! However, zero sympathy for the MAGA voters losing their asses in the stock market.
Unfortunately I sincerely doubt a lot of them have retirement savings of any significance. There’s a reason Red States are a bigger draw on federal money than Blue States. But if there’s any consolation, once the food prices start hitting again they’ll take notice.
My MAGA friends on Facebook are yelling about "buying opportunities".
Where is that buying money coming from? I got none myself.
Just as well as this sure as hell isn't a buying opportunity, some indexes are only at 6 month lows. We've barely begun loses wise - 12% off all time highs on the S&P if I recall right, 50% is realistic in my mind
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.)
The problem is that it is legal (in a gray legal sort of way), and the people in power only lose if they fix it. So we can only talk about it.
Go woke go broke? Seems like when you go conservative you get absolutely ripped.
go fasch lose cash
I know your right in saying people vote like Trump was the conservative, but Harris was really the conservative. Trump was the populist autocratic. thinking the GOP is the conservative party is crazy to me. They haven't been in a long ass time. You want status quo and security for your money and livelyhood? Don't vote for the populist who has ''ideas'' about how the country should REALLY be ran.
That's how you get Pol Pot shutting down food imports because he wanted higher domestic food production, you know BEFORE they could make enough food to feed everyone without the imparts. All the other autocrat or populist that instantly rammed a country into the ground also had a cult that made them entirely delusional.
That's how you get Pol Pot shutting down food imports because he wanted higher domestic food production, you know BEFORE they could make enough food to feed everyone without the imports.
This really is exactly what trump is doing. He’s slinging tariffs around like that will spur US industries (and as a petty attempt at being a strongman) and farming but giving those industries zero lead time, and on top of that, the tariffs he imposed are going to affect all of the materials and machinery those industries would need to ramp up their production. And on true insulated tyrant fashion he just makes a declaration and then it’s everyone else’s problem to deal with.
Dude’s a fucking idiot.
Come on now a couple billionaires are going to make tons of money
Which billionaire is making money? Look at the stock market and look how much these big companies lost.
It was projection once again. It turns out being anti-woke is indeed the path to poverty