LauchsThis one is even dumber than the banking crisis, at least that one had complicated math
Yeah, you seem to be forgetting the other time, when Trump kept arguing that COVID was no big deal, and that everyone should just get it so we could all get immunity.
Nonononono, that was his LAST term.
He’s already clarified that was moot when he fucked with the (art of the) trade deals he negotiated then.
If you are thinking in terms of terms (4 years) or years (1 year) you are daydreaming. Get your head out of your head! Get into the here & now. Grab the here by the now! Week on week? Weak eats weak. Day at a time, hour by hour, minute by minute, second by second, trade by trade
Threaten, bully, strong-arm. That’s how you business. That’s how you run a casino. That’s how you win. The house always wins, so it’s time to double down!
We aren’t looking at yesteryear or even yesterday. It’s not even about the forecasts of tomorrow.
It’s about the here and now.
Markets are closed? Don’t care.
Markets are shut down due to a selling circuit breaker? Don’t care.
Markets are open? Why aren’t we buying?
It’s all about line goes up. And if it doesn’t go up, it’s about buying.
You see, winners buy the dip. Everyone should be buying right now. And the US tariffs that. Tariff the buy, so other people pay to make the line go up.
If the US is selling, the US is being swindled. So buy the dip.
(Idk what the fuck this is. Some drunken ramblings. I hope everyone is doing well, even if we are all being fucked over financially)
This is nearly copypasta worthy
I feel like there should be a “fediverse gold” community, that just links to crazy shit like this…
progress is encouraged and is anxious to be celebrated. no one will stand in your way, but it is important to remember the distinction between “we should…” and “it would be fucking awesome if I…”
Agree, but also I CBF if no one else thinks it’s a good idea. Which is why I posted this: lemmy.world/post/27963154 - I’ll see how that pans out for a day or two, and then I might post that as my first suggestion ;)
"Suggest a community" community? - Lemmy.World
I often come across ideas for new communities (sometimes I even have them myself), but I’m not always sure whether they would get traction. How about a “suggest a community” community, where people can post suggestions, and get feedback on the idea, maybe tweak it a bit to be more useful, and also look for co-moderators? It could act in parallel to [email protected] [/c/[email protected]] [https://lemmy.world/c/newcommunities] Anyone have any ideas for how this could work better? Anyone want to co-moderate one?
Idk what the fuck this is.
No problem, I could see some “economist” from the government saying exactly that in an interview.
All you need to do is package that monologue into a presentable podcast/YouTube video with the right persona and you can sell them as wealth management seminars for sigmas.
I’m going for accuracy.
You could argue trump’s response maybe made the markets slightly worse but blaming the covid market crash on American stupidity seems pretty far fetched.
I would argue his actions and response (or lack thereof) severely exacerbated the pandemic and resultant market downturn.
The thing though, is that while the average person suffered, the market actually rebounded pretty quickly from covid.
Are there data to support this argument though?
The markets went down early on as everything everywhere shut down, then I don’t think had another sustained run of losses? And while trump didn’t do great at the response, his ineptitude didn’t really shine through until after the initial closures etc.
That’s not to say the market is all that matters and I think his lack of response killed many people, it doesn’t seem to have moved markets. (Darkly ironic, as most of the deaths were among senior citizens who have a low propensity to spend, you might perversely argue more seniors deaths led to a redistribution of wealth towards those with a higher marginal propensity to spend thus helping the markets. Obviously super immoral/evil but again, in terms of the markets…)