longjohnjohnson
It's a fire sale for people who moved to more securities and cash earlier when trump signaled that he was going to crash the market. Also his billionaire buddies when he said he was going to do this, got a heads up.
They're going to buy premium stocks for dirt cheap now and clean up if/when it recovers.
The issue this time around is, trump destroyed the fundamentals of trade between literally every other country on earth outside of the US.
There's literally no way for the market to recover when it's largely based on the same global trade that trump just destroyed for the next generation or two at least.
Allies will not trust the US anymore. We just pulled a Brexit and gave up our seat at the head of the table in world trade.
They may recover, but not to the pre-trump tariff's level.
Rhyming here, but yeah, basically.
They started deporting and when countries stopped taking the "undesirables", they concentrated them in a few camps and then they decided that killing them was the same as keeping them alive.
We're not there yet, but this administration just rhymed "Nazi" with "Natsi" thinking they were clever by using the phonetic pronunciation and nobody would notice.
No, because the republicans are putting them back up again.