Time for the rich to buy stocks on discount.
this post was submitted on 03 Apr 2025
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Assuming the US can recover...
If it doesn’t, the rich will still be fine. Unlike most Americans, they can diversify outside of the US.
Idk, when do they buy? This shit has to go way more south before our dear great leader decides to undo the tariffs, right? And if he doesn't undo them, when would it go back up? We're still in a race to the bottom...
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He inherited a growing economy, a healthy stock market and low unemployment. He has undone all 3. Power move!
Be fair, it did take a long time to undo all that...
He's been back in office an astonishing two months. That's a lifetime!!
Don't give me hope
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There's always a tweet.
This is apparently a fake tweet. An archive of the actual tweet corresponding to that datetime is here.
Looking at that archived Tweet, I forgot what it was like for Twitter responses to not be unhinged
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He says enough horrible stuff to not have to fake any of it
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The trump regime was designed to TANK the US economy so that stocks, businesses, and industries can be bought by billionaires at rock bottom prices.
All is going according to plan.
Its Russia in the 90s all over again. Must be a coincidence that the Russian mafia-turned-regime they're so chummy with, got its foot in the door and secured its power through an almost identical move.
Im wondering if America will have its equivalent of the 1999 Apartment bombings.
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Even the wealthy have to think about what is happening right now. To have their company's value go to shit overnight isn't winning him any fans.
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A lot of people might decide to violently resist such an eventuality. Things can quickly go off the rails.
Remember that despite the rule of law no longer applying to the rich and powerful, the laws of physics continue to apply.
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Hahahaha... Fuck.
I mean, it’s only fuck if you’re in the stock market.
I mean, anyone with a 401K is in the stock market.
Which is why 401k is a scam.
It's still basically most people's only hope for retirement. And represents a large portion of the compensation they are literally working for day after day.
Especially with the history of constant cuts, and current gutting of, social security.
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Down 3,163.27 since inauguration.
Old stock trader wisdom: don't catch a falling knife.
You don't know how low things can go. We're merely 100 days into the Trump presidency.
It's not even 100 days... 73 days since Jan 20th
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His MAGA fans likely don't have anything in the market, or they don't think they do, so they think this won't affect them. They are in for a rude awakening.
No they are all over invested in the market. The techbros. The effective altruists. The boomers and anyone wealthy. They voted for Trump to pump their bags and dont care about anything else. Only the dirt poor maga aren’t baws deep.
Yep. The market is a lot like politics that way.
You might not take an interest in markets, but markets take an interest in YOU.
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My 401k today is $520 less than what it was Jan 21st. I put in almost $600 every 2 weeks.
That's a good chunk of change that just disappeared. I can only imagine how much someone with a bigger retirement account than I have is hurting.
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And yet people still felt the need to vote for him
I'll never understand this country....
And people still thinks he is playing some sort of 4D chess. My friend in Georgia mentioned that people around her says Trump is creating a dip, so that federal reserve will lower interest rate.
Yes, because president can fire tons fedral workers, can send secret police to abduct people, but cannot control the federal reserve, and have to play stagnation or bust.
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I was considering trying to cash out my 401k and ira in the US (I bought my first house and I think that's one of the allowed cases), but hadn't worked out the details yet. Guess that's not happening right now. I no longer live in the US and will probably renounce citizenship once my parents go.
I looked at my other investments this morning based on this post and.... Lol. Granted, I only one a handful, but it still hurts. My stock that was worth only like 40 cents moved up 5+% so yay for that, I guess.
Got my family out last year, I commute back and forth.
There is something really sick about watching this from overseas, like watching paramedics carry bodies out of a car crash.
But it was no fun when I was there.
Fucking morons shooting themselves in the balls to look tough.
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They voted for this. We all have to be onboard for the crash.
*Trading partner tariff rate is calculated by the White House to include "currency manipulation and trade barriers."
This needs to be way fucking bigger than a tiny light grey caption under the image, AP. "Trading partner tariff rate is pulled directly out of the administration's collective rear end"
1500!!!
This is what Trump wants. He wants the market to drop and/or a recession. Why? To force the Fed to drop rates back to essentially zero. Once that happens, expect a blistering turnaround in the market. Everyone and their great aunt will be borrowing money at ultra low interest to buy stocks. The stock market will explode, maybe crypto, too. Inflation will skyrocket. It will be nuts.
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US fire sale!! 🔥 every stock must go! 🔥 15-25% off priced to sell! 🔥 hurry, these deals won't last!* 🔥
*profits not guaranteed. in the event of mass economic collapse, cross your fingers for a bail out. This is not financial advice.
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