Circuit breaker triggered in Japan for stock futures trading
-
Hold on to your butts.
-
W [email protected] shared this topic
-
Hold on to your butts.
Yup. We implemented those after Black Monday in 1987, and other markets followed suit. We should absolutely expect the same thing in the US tomorrow morning.
-
Yup. We implemented those after Black Monday in 1987, and other markets followed suit. We should absolutely expect the same thing in the US tomorrow morning.
I've never been rooting so hard for my own demise
-
I've never been rooting so hard for my own demise
Oh there’s a demise I’m rooting for, but it ain’t mine.
-
Oh there’s a demise I’m rooting for, but it ain’t mine.
Confident!
-
Hold on to your butts.
This is going to be really interesting to watch unfold. I hope I keep my job until capitalism collapses
-
This is going to be really interesting to watch unfold. I hope I keep my job until capitalism collapses
I lost mine on Thursday... I'm trying to think of it as a comedy of errors, but I admit, it stings a little.
-
Hold on to your butts.
This crash has to be so bad that the next US President that even so much as hints at wanting to use tariffs for any purpose other than what they're intended for, would be personally walked to the gallows.
-
Hold on to your butts.
Honestly, we've needed this crash since back when Obama was president, and we got a bunch of propped up corporations. They socialized the losses, so to speak.
Nobody I know in poverty is affected by stocks, so fuck them all.
-
Hold on to your butts.
Market go boom
-
This crash has to be so bad that the next US President that even so much as hints at wanting to use tariffs for any purpose other than what they're intended for, would be personally walked to the gallows.
“Next US president” is a hopeful prognostication. Trump seems intent on crashing the US economy into the side of a mountain
-
This crash has to be so bad that the next US President that even so much as hints at wanting to use tariffs for any purpose other than what they're intended for, would be personally walked to the gallows.
Lol, we are not even 6 months in to his 4 year term, what do you mean "the next US President"?
-
Oh there’s a demise I’m rooting for, but it ain’t mine.
-
Honestly, we've needed this crash since back when Obama was president, and we got a bunch of propped up corporations. They socialized the losses, so to speak.
Nobody I know in poverty is affected by stocks, so fuck them all.
Umm, that is very shortsighted.
Sure, a market crash means nothing to someone who doesn't own stocks. But it means a lot to their workplace, food suppliers, electronics manufacturers, insurance company, healthcare provider, etc.
The poor always get screwed the most in economic collapses, they just get it second hand by prices going up, mass firing, rent going up, loans getting worse, and public services being cut.
-
Umm, that is very shortsighted.
Sure, a market crash means nothing to someone who doesn't own stocks. But it means a lot to their workplace, food suppliers, electronics manufacturers, insurance company, healthcare provider, etc.
The poor always get screwed the most in economic collapses, they just get it second hand by prices going up, mass firing, rent going up, loans getting worse, and public services being cut.
It's not very shortsighted, it's quite long-sighted. Everything has been shit since the 2008 crash. Absolutely dog-shit garbage. Wages haven't changed, everyone's already in the hole.
I'd have loved a few more years of floating it, but the writing has been on the wall for some time now. It's going to suck for everyone, I'm sure - but the market never corrected in 2008. It was going to happen some time or another - I'm just happy Republicans are going to be on the hook for it.
-
It's not very shortsighted, it's quite long-sighted. Everything has been shit since the 2008 crash. Absolutely dog-shit garbage. Wages haven't changed, everyone's already in the hole.
I'd have loved a few more years of floating it, but the writing has been on the wall for some time now. It's going to suck for everyone, I'm sure - but the market never corrected in 2008. It was going to happen some time or another - I'm just happy Republicans are going to be on the hook for it.
I mean... I understand your point, but poor people will still suffer the most.
It's true, the market is terrible, this collapse was obvious for so many reasons. Still, the poor will suffer the most from it, short and long term
-
Lol, we are not even 6 months in to his 4 year term, what do you mean "the next US President"?
Not even 3 months
-
I wonder what a cage match between Trump and a locust from the Book of Revelation would look like.
Like an armored grasshopper humping a wet cheese puff?
-
Oh there’s a demise I’m rooting for, but it ain’t mine.
Yeah not dis guy ova hea
-
It's not very shortsighted, it's quite long-sighted. Everything has been shit since the 2008 crash. Absolutely dog-shit garbage. Wages haven't changed, everyone's already in the hole.
I'd have loved a few more years of floating it, but the writing has been on the wall for some time now. It's going to suck for everyone, I'm sure - but the market never corrected in 2008. It was going to happen some time or another - I'm just happy Republicans are going to be on the hook for it.
I think the main reason we never fully recovered from 2008 was because of Mitch McConnell’s personal pet project, Citizens United, which handed full control of the government over to those who caused the problem in the first place.
