Whoopsie! We have been stagnant around 6000 on the SP500 since the election. Before that, we had a nice steady predictible rise with Biden since Oct 2022.
On the way. Musk lost $58 billion since October since he took up with trump. Lost another $30 billion on Twitter. And this is a guy tell8ng us the us does not know how to handle it's finances.
Musk's rampage against
the federal government is
going to trigger a 2008/2020-style
recession according
to this economist: https://tinyurl.com/y7r7p4cz
They said their plans would do this. You have to ask why though. When the economy is rebuilt does that mean most of the nation will have been bought by the oligarchs instead?
People who want to destroy states always have an idea of how they want to rebuild them though. A scumbag will try and build and evil state based on hate, fear and oppression.
I feel stupid. My ADHD ass decided on Monday to sell off the index fund shares in my retirement account (a very smol retirement account sadly) and finally submitted the order this evening and it probably won't be processed til midday Monday.
Comments
Literally just me over here, living in the alternate universe that is MAGA-land.
Anyone else?
Cause they're business as usual because it hasn't affected them yet.
the federal government is
going to trigger a 2008/2020-style
recession according
to this economist:
https://tinyurl.com/y7r7p4cz
https://www.grutjes.nl/2017/02/proefdraaien-voor-een-dictatuur/
https://youtu.be/eIN8lzbzaW4?si=UDXkukBjOS_Y6Po2
oh well. I was never good with money
Idiot-in-Chief will be the worst.
Sooner or later the consequences will be felt everywhere.
#TraitorTrump will crash the stock market. The question is by how much?
Are we bored yet?
https://www.salon.com/2015/09/09/donald_trump_if_elected_well_have_so_much_winning_youll_get_bored_with_winning/