Summary
Despite Trump’s 2024 warnings of a market crash under Biden, the S&P 500 is experiencing its worst start to a presidential term in modern history under him, dropping ~15% since Inauguration Day.
This plunge, largely attributed to Trump’s aggressive tariff policies announced post-election (“Liberation Day”), is pushing the market toward bear territory faster than any predecessor since 1957.
The Nasdaq is already in a bear market, and economists increasingly warn the tariffs could trigger a recession impacting widespread stock ownership.
People trust their account balances. You’re about to see how quickly retardlicans can turn on their owner. Unless of course they’re all dickless cowards…
I’ll believe it when I see it. trump did so many things that would be career ending for anyone else. he got convicted of 30+ felonies. his university closed for fraud. he is banned from operating charities in NY cause of fraud. he’s bankrupted several businesses. not to mention the sexual assault and rape. and his crass behavior.
voters knew all of this. and voted for him anyway 🙄
things may change when the rich lose enough and allow the right wing media to turn against trump. hasn’t happened yet.
What scares me is if/when everyone is furious at these motherfuckers - they are going to need a distraction, and they are going to use every fascist trick in the book to do that. Get ready for more scary B reel of scary dark immigrants in caravans, tales of scary “antifa” attacking upright citizens and cops, “burning cities to the ground”, and so we will be told there is no choice but to declare martial law.
Already, I see Bullshit Mountain prepping them for their black Nikes, their nut-cutting and their magic drink to ride the comet, er, I mean, telling them that money doesn’t really matter and you don’t care about your retirement accounts, guys! I saw Benny Johnson saying it’s no big deal to lose money, how much money did you lose when you were young and dumb, you guys!