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To be fair, showing no historical correlation and just assuming the problem or separation started this year because it’s specifically indexed to the start of the year, is garbage math. Like, you got the correct answer, but you did the problem completely wrong.
You know if you just use a sharpie to draw the line going up instead of down there isn’t a problem anymore.
Let’s call it the Trump Effect, shall we?
Let’s call it the Trump Slump
Maybe Trump’s tiny Dow size?
Is there any chance for a future where the economy that matters, real people’s lives, production of useful goods and services, becomes decoupled from imaginary evaluations of billionaire’s gambling results? It really rustles my jimmies when I hear that a result of some banksters bet can get working families evicted and jobs dissapear.
Easy, do not have billionaires…
What ever could the problem be? Tariffs! No tariffs. Tariffs! No tariffs … well some, maybe. Tariffs! Delayed tariffs … delayed tariffs again.
So the boycott is working? Let it continue.
Honestly, I did not think it would work!
However much pain we’re feeling and will be feeling, as a nation not individuals, we deserve oh so much more for our inhuman crimes in the name of capitalist private profit. We destabilized entire nations trying to become societies solely to maintain access to their resources for our capitalist’s exploitation.
Every American better hope nation state karma doesn’t exist.
I’m still waiting people understand that the way Trump treat Zelensky isn’t new in any way, most people are just aware of it now because it happened in Europe.
Oh fuck off with this “deserves” bs. Everything listed on that infographic happened before I was 18. I don’t “deserve” any of this.
You’re screaming “fuck off, I don’t deserve any of this because those thefts were carried out before I was 18”, but you’re screaming that sitting on the stolen furniture in a stolen house. The crimes mentioned predating your eighteenth birthday doesn’t mean shit when you’re still benefiting from the results of those crimes.
Everyone is benefiting and being hurt by decisions made in the past or decisions that they cannot control. These are meaningless statements. They don’t cause action, they don’t make people feel like they should do something. They just annoy people. The statements are ignorant. You have no idea who I am, what I do, how I live, etc.
So you can also respectfully fuck off as well.
Yeah you do.
We’ve seen your browser history.
relax, dude
Not just the great depression but the greatest depression ever in history, I mean the biggest, noone ever caused a bigger depression
The Bigly Depression
This is why Warren buffet pivoted to cash liquid position.
That guy pours over countless documents and stats to make his moves. He probably knows what he’s doing more than most when it comes to predicting market turns.
I mean I feel like a recession is inevitable, but I’m just some random guy.
It absolutely is. I’ve sensed it coming for years now. Gen Y and Gen Z have been struggling under student loan debt. Car loans are getting years longer. People were micro-financing weddings and vacations. Now services like “Klarna” and Afterpay are just repackaged credit card debt.
The majority of people in America can not survive. College degrees aren’t enough to find a job, and raises/bonuses are non-existent. Most people are working for minimum wage, and that minimum wage is stagnant. If you had real estate or stocks, the boom in the housing and financial sector could offset this pressure, but with the majority of property getting swept up by large hedge funds, there’s no room for average Americans to get their foot in the door with a mortgage.
So what do people do? They stop buying. It’s the same market-stagnation effect that deflation has, only with all the micro-economic stress that inflation creates. It happened before in 1929. It’s happening again. Because America allowed itself to slip back into the capitalist trends that created the previous Gilded Age.
is america great again yet? I think not.
Make America Great (Depression) Again?
They just need to try harder.
If they pulled themselves up by their bootstraps, they’d be set for life.
USA is making itself weak and Canada + Europe strong.
Oh no, better double down on the cuntishness, fire all the workers and give ourselves an enormous bonus!
Okay, here’s my conspiracy theory…
Now let’s say you’re Trump and the supreme Court has said it’s just about impossible to convict somebody of corruption in the US. You see that you’re going to be elected president and your goal is to figure out how to make a crap ton of money off being present. Now you can do the boring old s make dignitaries stay at your hotel thing or have foreign governments. Give Jared kushner a bunch of money… But that’s all pocket change. If you’re president, you can crash the economy. If you know a bunch of Rich Russian oligarchs who can short the market and you can tell them exactly when the market will crash then they can make billions… And you can get your cut too.
This is why Trump doesn’t really give a shit why the tariffs are in place. That’s why he makes up bullshit answers when asked why the tariffs are implemented. He doesn’t care. … But he really really really wants to yank the market around. First he says tariffs happening, then he says they’re not, then they’re happening again. Every time the market goes up and down he can make a shit ton of money if he can accurately predict when it goes up or down.
I can’t get this idea out of my head. It makes more sense than anything else I can come up with. There’s so much money to be made if you have the power to yank around the u.s. economy and enough narcissism to not give a shit about the people hurt in the process.
Yeah, I think it’s either this, or the tariffs are extortion (announce tariffs, then solicit bribes from businesses and politicians). Could be both as well.
Exactly what I have been thinking. I should have scrolled down and read your comment before I made mine
What I’m wondering when reading such theories is: does money matter all that much to these people? Like when you’re 80+ years old and a billionaire I don’t see what the end game there is, unless it’s just an uncle Scrooge attitude but I still find it a bit hard to believe. I think that in order to become a billionaire you need to be seriously driven by something more than 0s - maybe power, influence or attention.
Logically you would think the answer should be that money shouldn’t matter much, but it always seems to. It’s still a way of keeping score and a proxy for power. They’ve always longed for more money/power and as they get older and their brain slows down, they don’t suddenly change. What old billionaire have you seen says “you know what? I’m going to give everyone raises! I don’t need more money! We should all be happy together!” (Almost) never happens. They want more and more and more… and then they die.
Bill Gates seems to be like that. Don’t get me wrong, I don’t like him and he’s still doing lots of shitty billionaire stuff, but he seems to be satisfied with “just” being a billionaire and making sure his offspring
will be billionaireswon’t starve as well and giving away a lot of the money he will never be able to spend on his own anyway. Same goes for George Soros and Warren Buffet.Didn’t know that. Fixed
He’s still leaving enough for buying eggs ;-)
You’ve got to step back a little to understand.
The key thing is that it is not possible (excluding inheritance) to become a billionaire without being a scheming psychopathic cut-throat selfish person and having a determined drive to have power over others.
The second key is it’s not possible to keep your billions without being a psychopath. This because you could never possibly spend that money in your lifetime and the only way to have accumulated it is through exploitation of labour.
So it’s a thing you don’t need that you got via abusing others. They want power and they don’t care how they get it. They have no plan beyond that. Personally I think it’s mental health issues and the fact that we allow this in our flawed system.
it’s not just allowed it’s encouraged, in fact i’d go as far as to say it’s the only way to “win” in this system
It’s not wealth hoarding, it’s wealth OBSTRUCTION as a means to control everyone. It’s pathological fo sho.
They’re just tryna nut. It’s the only way they still can
That was my idea. These jarring and quickly implemented money drainers only really help ppl outside the market.
You need to extend the graph beyond January. The US has been riding an enormous localized wave that crested shortly after Trump’s inauguration. American securities (particularly the MAG7) are enormously overvalued, with revenue that is dwarfed by their stock price.
This is a much-needed market correction, not a regional stock performance split from within the US.
Not even suggesting Trump isn’t shit. Its very obvious that he’s popped the irrational optimism bubble we’ve been gliding on since even before COVID hit. But we were in a bubble. DOW 43k, never even mind the absurd NASDAQ run up, is not representative of the functional economic capacity of the nation as a whole. Without unlimited free money from the Fed to keep inflating asset prices, we were going to enter a downturn sooner or later.
The real question is whether the DOGE Team will kick the knees out from under our Treasury/Fed countercyclical spending system on the way back to earth and cause us to land harder than necessary.
I doubt they’d do any fiscal spending through safety nets, since they are dismantling them; I suppose bail-outs could be on the table. I’ve seen some analysts/economists claim that the Trump admin wants to devalue the USD to grow the manufacturing sector, and the admin seems to be pressuring the Fed to lower interest rates. The consensus seems to be that stagflation is what’s actually going to happen. I don’t quite understand why the admin wants to bring back manufacturing sector, because they’re typically low-wage jobs (especially if not unionized), and unemployment was pretty low. Among the billionaire class, there seems to be a concerted effort to shed decent-paying jobs, so I guess the plan is for those people to go work on assembly lines.
Absolutely wild to look at this graph and say ‘welp that’s the correction we’ve expected and needed for a long time’ when it is quite clear it’s a reaction to Trump’s totally unnecessary trade war and the uncertainty he is (intentionally?) injecting into markets. There is no reason to expect that if there had been a different President elected, this outcome would have occurred.
The even broader point is that there are a lot of people invested (literally and emotionally) in a continuing bull run. That doesn’t mean it’s a good idea, but suggesting that Trump or even less likely, DOGE have some master understanding of the economy and are doing this for its long-term health is an absolute fantasy.
I am pretty sure trump warns his friends when he is about to make another irrational stupid statement- they are investing accordingly- taking advantage of an upswing and a downturn
Removed by mod
I don’t always agree with them but you make such a compelling argument…
Despite all the myths Democrats are better for the economy. They always produce better numbers.
rich ppl yacht money “economy”, sure
Uh no? Compare employment numbers from whichever source you prefer. Democratic presidents have lower unemployment.
Uh, yes. We could talk about unemployment numbers, but even if we did (and i have a distinct feeling you’re being vague because you don’t plan to) those numbers aren’t by a long shot the only metric we use measuring the economy.
In fact a lot of ways “the economy” is measured doesn’t take into account things the average citizen cares about, like cost of living etc. hence my use of the widespread pejorative "rich peoples yacht money
I’m pretty sure average citizens care about being employed. But that’s just me.
Sound less like a redditor please. I left to escape the endless line of empty fucking quipbirds, with no fucking meat, no substance behind their words. If i want to hear an empty ass i’ll just eat beans
Says the guy who quipped about yacht economy. Eat a dick.
That’s not true. They definitely should do way more to help the working class but the numbers show that the economy in general is better under them.
You’re essentially agreeing to the person you’re responding to…
I think the average people do benefit as well not just the wealthy even though they do benefit more.
Nonsense. Disappointed this gets upvotes.
How the hell are the democrats the party of enriching the wealthy when compared to the fucking R’s?? I mean fucking hell have any of you ever read a book or even glanced at historic and current R policy?
I don’t think its “compared” to the Rs but just in general they are good for “rich ppl yacht” money. Your instant move to compare the two parties (making bad policy OK by comparing it to “OH FUCK” policy) is why the usa is in the state it is now.
Interesting. I didn’t know I had a say in US politics being 5000 miles away and not a citizen. I’ll be sure to smarten my ideas up. Send marine force 2 or whatever to pick me up and I’ll sort that shit show out for you once I kick trump in the balls/face.
Also there’s literally only one other option so yea of course it’s compared to the opposition. That’s how the system is setup.
AND youre not a citizen of the US? Sit your fool ass down playa 🤣
Bitch please. Who’d want to be a US citizen. The others are locked in there with tools like you.
Meanwhile in free roaming European: were laughing at you morons for electing a king.
And what makes you think you need to be an inmate to talk about the joint?
English is your second language so maybe you missed how whether you wish to be a citizen or not was not my point, your definite ignorance was.
Stop trying to save face, you have nothing to say to me and the fact you’re still yappin is pathetic
