Topic: Something to remember about the stock market crash.
Anonymous A started this discussion 1 month ago #125,449
My caste doesn't own stocks, I hope it falls even more.Anonymous B joined in and replied with this 1 month ago, 9 minutes later[^] [v] #1,358,943
stocks are closer to NFTs than anything else honestly
Meta joined in and replied with this 1 month ago, 4 hours later, 4 hours after the original post[^] [v] #1,358,947
How is Gamestop stonks doing?
Oatmeal Fucker !BYUc1TwJMU joined in and replied with this 1 month ago, 6 hours later, 11 hours after the original post[^] [v] #1,358,960
When the TDS is so high that you start defending the 1%
Kook !!rcSrAtaAC joined in and replied with this 1 month ago, 10 minutes later, 11 hours after the original post[^] [v] #1,358,961
Oatmeal Fucker !BYUc1TwJMU replied with this 1 month ago, 1 minute later, 11 hours after the original post[^] [v] #1,358,962
Kook !!rcSrAtaAC replied with this 1 month ago, 13 minutes later, 12 hours after the original post[^] [v] #1,358,964
@previous (Oatmeal Fucker !BYUc1TwJMU)
Might the stock market crashing have other implications besides the 1% losing money?
Might the stock market crashing have other implications besides the 1% losing money?
Oatmeal Fucker !BYUc1TwJMU replied with this 1 month ago, 6 minutes later, 12 hours after the original post[^] [v] #1,358,965
@previous (Kook !!rcSrAtaAC)
Not really, except perhaps that the cost of living becomes more bearable for the ordinary man.
Not really, except perhaps that the cost of living becomes more bearable for the ordinary man.
Kook !!rcSrAtaAC replied with this 1 month ago, 2 minutes later, 12 hours after the original post[^] [v] #1,358,966
@previous (Oatmeal Fucker !BYUc1TwJMU)
During Depressions, does life become better for poor people?
Are you okay with Trump defending the 1%?
During Depressions, does life become better for poor people?
Are you okay with Trump defending the 1%?
Oatmeal Fucker !BYUc1TwJMU replied with this 1 month ago, 2 minutes later, 12 hours after the original post[^] [v] #1,358,967
@previous (Kook !!rcSrAtaAC)
Don't change the subject, tell me about the cost of living now. You are the 1%, by the way.
Don't change the subject, tell me about the cost of living now. You are the 1%, by the way.
Kook !!rcSrAtaAC replied with this 1 month ago, 2 minutes later, 12 hours after the original post[^] [v] #1,358,968
@previous (Oatmeal Fucker !BYUc1TwJMU)
Is the cost of living better now that stocks are down?
Is it TDS when Trump complains about stock prices?
How many times have I called you retarded?
Is the cost of living better now that stocks are down?
Is it TDS when Trump complains about stock prices?
How many times have I called you retarded?
(Edited 50 seconds later.)
Oatmeal Fucker !BYUc1TwJMU replied with this 1 month ago, 1 hour later, 13 hours after the original post[^] [v] #1,358,969
@previous (Kook !!rcSrAtaAC)
You tell me, are prices going down? I don't care about stock prices, and you call everyone retarded.
You tell me, are prices going down? I don't care about stock prices, and you call everyone retarded.
Dead !Pool..v42s joined in and replied with this 1 month ago, 24 minutes later, 14 hours after the original post[^] [v] #1,358,973
Kook !!rcSrAtaAC replied with this 1 month ago, 8 minutes later, 14 hours after the original post[^] [v] #1,358,975
Father Dave !RsSxeehGwc joined in and replied with this 1 month ago, 2 minutes later, 14 hours after the original post[^] [v] #1,358,976
Tesla stock is continuing to tank this morning following Trump's tariffs.https://finance.yahoo.com/news/disastrous-first-quarter-sales-teslas-223200344.html
Elon regretting the hat choice yet?
Fake anon !ZkUt8arUCU joined in and replied with this 1 month ago, 20 minutes later, 14 hours after the original post[^] [v] #1,358,979
@previous (Father Dave !RsSxeehGwc)
That would require him to be capable of self-reflection! I wouldn't hold my breath.
That would require him to be capable of self-reflection! I wouldn't hold my breath.
Anonymous A (OP) replied with this 1 month ago, 1 hour later, 15 hours after the original post[^] [v] #1,358,981
@1,358,973 (Dead !Pool..v42s)
> The 1 percent is like billionaire/trillionaire...
You might be our stupidest user. Billionaires and trillionares are not 1 in 100, they are much rarer.
The minimum net worth to get into the 1% is 13.7 million.
> The 1 percent is like billionaire/trillionaire...
You might be our stupidest user. Billionaires and trillionares are not 1 in 100, they are much rarer.
The minimum net worth to get into the 1% is 13.7 million.
Fake anon !ZkUt8arUCU replied with this 1 month ago, 5 minutes later, 16 hours after the original post[^] [v] #1,358,983
Oatmeal Fucker !BYUc1TwJMU replied with this 1 month ago, 40 minutes later, 16 hours after the original post[^] [v] #1,358,985
@1,358,975 (Kook !!rcSrAtaAC)
It's a rhetorical question, obviously. Maybe you don't care in your ivory tower but actually costs are going down.
It's a rhetorical question, obviously. Maybe you don't care in your ivory tower but actually costs are going down.
Kook !!rcSrAtaAC replied with this 1 month ago, 2 minutes later, 16 hours after the original post[^] [v] #1,358,988
Kook !!rcSrAtaAC double-posted this 1 month ago, 23 seconds later, 16 hours after the original post[^] [v] #1,358,989
Both Trump and Elon Musk are part of the 1%
More like 0.5%
More like 0.5%
(Edited 18 seconds later.)
Fake anon !ZkUt8arUCU replied with this 1 month ago, 18 minutes later, 17 hours after the original post[^] [v] #1,358,998
@1,358,985 (Oatmeal Fucker !BYUc1TwJMU)
The only times in the last 20 years when there was deflation was 2009 during the height of the GFC and Spring 2020 during COVID when everything shut down. Deflation is a sign that the economy is in extreme turmoil.
The only times in the last 20 years when there was deflation was 2009 during the height of the GFC and Spring 2020 during COVID when everything shut down. Deflation is a sign that the economy is in extreme turmoil.
Oatmeal Fucker !BYUc1TwJMU replied with this 1 month ago, 33 minutes later, 17 hours after the original post[^] [v] #1,359,012
@1,358,988 (Kook !!rcSrAtaAC)
Oil: down
Swap rates: down
NAT bank interest: down
Eggs and groceries: down
Oil: down
Swap rates: down
NAT bank interest: down
Eggs and groceries: down
Kook !!rcSrAtaAC replied with this 1 month ago, 13 minutes later, 17 hours after the original post[^] [v] #1,359,015
Anonymous B replied with this 1 month ago, 6 minutes later, 18 hours after the original post[^] [v] #1,359,018
man its really stupid how hard we tie the economy to speculative assets, feels like this gives complete retards undue influence over society.
Anonymous I joined in and replied with this 1 month ago, 3 minutes later, 18 hours after the original post[^] [v] #1,359,019
@OP
> My caste doesn't own stocks, I hope it falls even more.
I normally agree with Robert. A crashed market does mean one can buy on the cheep and later much later make lots of $$$$
However a crashed market also means a company is NOT going to invest in new products or even in their current products and that does greatly effect the economy.
> My caste doesn't own stocks, I hope it falls even more.
I normally agree with Robert. A crashed market does mean one can buy on the cheep and later much later make lots of $$$$
However a crashed market also means a company is NOT going to invest in new products or even in their current products and that does greatly effect the economy.
(Edited 56 seconds later.)
Oatmeal Fucker !BYUc1TwJMU replied with this 1 month ago, 2 hours later, 20 hours after the original post[^] [v] #1,359,053
Oatmeal Fucker !BYUc1TwJMU double-posted this 1 month ago, 1 minute later, 20 hours after the original post[^] [v] #1,359,054
All the prices crashing! All the stockmoids raging! All the normal people thriving with great low prices!
Anonymous J joined in and replied with this 1 month ago, 21 minutes later, 20 hours after the original post[^] [v] #1,359,058
@1,358,998 (Fake anon !ZkUt8arUCU)
High inflation is bad. Disinflation is usually good, because of the aforementioned high inflation we are currently experiencing. Many people, such as OatmealFucker, confuse disinflation or price fluctuations due to temporary market conditions for deflation.
High inflation is bad. Disinflation is usually good, because of the aforementioned high inflation we are currently experiencing. Many people, such as OatmealFucker, confuse disinflation or price fluctuations due to temporary market conditions for deflation.
(Edited 2 minutes later.)
Anonymous K joined in and replied with this 1 month ago, 1 hour later, 21 hours after the original post[^] [v] #1,359,080
@1,358,962 (Oatmeal Fucker !BYUc1TwJMU)
> Literally everyone on Reddit complaining about the "stock crash"
Anyone who isn't dirt poor (or just financially unknowledgeable/incapable) owns at least some stocks or has some investment vehicle(s) tied to the performance of markets.
> Literally everyone on Reddit complaining about the "stock crash"
Anyone who isn't dirt poor (or just financially unknowledgeable/incapable) owns at least some stocks or has some investment vehicle(s) tied to the performance of markets.
(Edited 52 seconds later.)
Anonymous A (OP) replied with this 1 month ago, 1 hour later, 22 hours after the original post[^] [v] #1,359,089
@previous (K)
You can download an app and get a free $1 investment in a stock, so this metric is completely meaningless.
For most people, a stock rising has no real positive impact for them. Actually, it's usually a sign of something bad: the less they can pay you, and the more they can rip off the consumer the higher the stock goes.
Technically most people are on both sides as employees or consumers on the one hand, and nominally owning some stock on the other. In practice most of their financial interests are as employees and consumers. Loosing $100 and gaining a $1 means you could claim in some sense they profited, but they are still at a net loss.
You can download an app and get a free $1 investment in a stock, so this metric is completely meaningless.
For most people, a stock rising has no real positive impact for them. Actually, it's usually a sign of something bad: the less they can pay you, and the more they can rip off the consumer the higher the stock goes.
Technically most people are on both sides as employees or consumers on the one hand, and nominally owning some stock on the other. In practice most of their financial interests are as employees and consumers. Loosing $100 and gaining a $1 means you could claim in some sense they profited, but they are still at a net loss.
dw !p9hU6ckyqw joined in and replied with this 1 month ago, 6 hours later, 1 day after the original post[^] [v] #1,359,107
Oatmeal Fucker !BYUc1TwJMU replied with this 1 month ago, 2 hours later, 1 day after the original post[^] [v] #1,359,118
Anonymous M joined in and replied with this 1 month ago, 8 hours later, 1 day after the original post[^] [v] #1,359,160
@1,359,080 (K)
I don't mind with the 401K stuff or 20 shares of Starbucks I picked up or whatever. Market corrections wreck day traders and businesses that shouldn't even exist so I'm fine if they get flushed out. If my net worth goes up or down by 20 or 30% it's all relative!
I don't mind with the 401K stuff or 20 shares of Starbucks I picked up or whatever. Market corrections wreck day traders and businesses that shouldn't even exist so I'm fine if they get flushed out. If my net worth goes up or down by 20 or 30% it's all relative!
Oatmeal Fucker !BYUc1TwJMU replied with this 1 month ago, 1 hour later, 1 day after the original post[^] [v] #1,359,171
Anonymous N joined in and replied with this 1 month ago, 38 minutes later, 1 day after the original post[^] [v] #1,359,180
Let me try put this in perspective for you. Here is a graph of the Dow Jones industrial average market index over the last 10 years.
https://macrotrends.net/1358/dow-jones-industrial-average-last-10-years
What you are panicking about and calling a "crash" is the dip at the end. Compare this with a real crash in 2020 which everybody ignored because they were too busy going bonkers over Covid, and it's ok when Democrats crash the economy, because Biden good, Trump bad.
Calm down.
Stock market dip like this => reduced spending => lower interest rates => deflation => better environment for small businesses to grow, and you can afford your groceries again. It's almost like Trump actually does seem to know what he's doing.
https://macrotrends.net/1358/dow-jones-industrial-average-last-10-years
What you are panicking about and calling a "crash" is the dip at the end. Compare this with a real crash in 2020 which everybody ignored because they were too busy going bonkers over Covid, and it's ok when Democrats crash the economy, because Biden good, Trump bad.
Calm down.
Stock market dip like this => reduced spending => lower interest rates => deflation => better environment for small businesses to grow, and you can afford your groceries again. It's almost like Trump actually does seem to know what he's doing.
(Edited 1 minute later.)
Anonymous K replied with this 1 month ago, 23 minutes later, 1 day after the original post[^] [v] #1,359,187
@previous (N)
> Stock market dip like this => reduced spending => lower interest rates => deflation => better environment for small businesses to grow, and you can afford your groceries again. It's almost like Trump actually does seem to know what he's doing.
I audibly laughed.
> Stock market dip like this => reduced spending => lower interest rates => deflation => better environment for small businesses to grow, and you can afford your groceries again. It's almost like Trump actually does seem to know what he's doing.
I audibly laughed.
Fake anon !ZkUt8arUCU replied with this 1 month ago, 11 minutes later, 1 day after the original post[^] [v] #1,359,190
@previous (K)
The only consistently funny part of the Trump era is watching his followers try to make up reasons why his plainly stupid ideas are actually secretly genius 4d chess.
The only consistently funny part of the Trump era is watching his followers try to make up reasons why his plainly stupid ideas are actually secretly genius 4d chess.
boof joined in and replied with this 1 month ago, 2 minutes later, 1 day after the original post[^] [v] #1,359,191
It's hard to read the 4d comments without assuming it is sarcastic joking
Anonymous J replied with this 1 month ago, 10 hours later, 2 days after the original post[^] [v] #1,359,232
@1,359,171 (Oatmeal Fucker !BYUc1TwJMU)
> Why are you telling me what I confuse or don't ?
I wasn't speaking to you.
> Why are you telling me what I confuse or don't ?
I wasn't speaking to you.
Oatmeal Fucker !BYUc1TwJMU replied with this 1 month ago, 3 hours later, 2 days after the original post[^] [v] #1,359,238
Anonymous N replied with this 1 month ago, 49 minutes later, 2 days after the original post[^] [v] #1,359,239
Killer Lettuce🌹 !HonkUK.BIE joined in and replied with this 1 month ago, 3 minutes later, 2 days after the original post[^] [v] #1,359,240
@1,359,190 (Fake anon !ZkUt8arUCU)
I don't think that's funny, at least not always. I find it depressing. It shows that large swathes of humanity can be tricked into supporting stupid ideas, as long as they like the person proposing them, or if they think it will defeat their enemies.
I don't think that's funny, at least not always. I find it depressing. It shows that large swathes of humanity can be tricked into supporting stupid ideas, as long as they like the person proposing them, or if they think it will defeat their enemies.
Killer Lettuce🌹 !HonkUK.BIE double-posted this 1 month ago, 1 minute later, 2 days after the original post[^] [v] #1,359,241
If only Liz Truss had had that kind of charisma. She could have had British citizens applauding her dumb economic ideas instead of pressuring her to resign.
Anonymous J replied with this 1 month ago, 6 hours later, 2 days after the original post[^] [v] #1,359,268
@1,359,238 (Oatmeal Fucker !BYUc1TwJMU)
Incorrect. The real world analogue would be me standing on a public sidewalk speaking with my friend Mark and you suddenly pop up from a sewer hole, foaming at the mouth, ranting about people talking to you through your amalgam fillings. I was talking, in passing and briefly, about you. Not talking to you.
Incorrect. The real world analogue would be me standing on a public sidewalk speaking with my friend Mark and you suddenly pop up from a sewer hole, foaming at the mouth, ranting about people talking to you through your amalgam fillings. I was talking, in passing and briefly, about you. Not talking to you.
(Edited 2 minutes later.)
Oatmeal Fucker !BYUc1TwJMU replied with this 1 month ago, 2 hours later, 2 days after the original post[^] [v] #1,359,289
Anonymous J replied with this 1 month ago, 7 hours later, 3 days after the original post[^] [v] #1,359,391
Oatmeal Fucker !BYUc1TwJMU replied with this 1 month ago, 4 hours later, 3 days after the original post[^] [v] #1,359,427
Anonymous Q joined in and replied with this 1 month ago, 1 hour later, 3 days after the original post[^] [v] #1,359,434
@1,359,240 (Killer Lettuce🌹 !HonkUK.BIE)
If they see them as enemies, and if the left can't put forward ideas that can reasonably attract that demographic then they should reevaluate their strategy.
More spending, more money printing, and telling people "government debt isn't like household debt, don't worry" is irresponsible and the households on the right haven't felt any benefit from reckless spending.
Real people are going to suffer when the bill comes due, and they'll be dealing with poverty and the interest payments for the selfish generations that came before.
The mantra of "it's not my job to educate you" and other anti-dialectical rhetoric puts off anyone that actually wants to examine these issues rationally and methodically.
A mob of people that can't think past the here and now isn't a functional government
If they see them as enemies, and if the left can't put forward ideas that can reasonably attract that demographic then they should reevaluate their strategy.
More spending, more money printing, and telling people "government debt isn't like household debt, don't worry" is irresponsible and the households on the right haven't felt any benefit from reckless spending.
Real people are going to suffer when the bill comes due, and they'll be dealing with poverty and the interest payments for the selfish generations that came before.
The mantra of "it's not my job to educate you" and other anti-dialectical rhetoric puts off anyone that actually wants to examine these issues rationally and methodically.
A mob of people that can't think past the here and now isn't a functional government
(Edited 1 minute later.)
Anonymous R joined in and replied with this 1 month ago, 10 hours later, 3 days after the original post[^] [v] #1,359,479
The stock market is for NIGGERS