Summary
Fox News openly blamed Donald Trump for Monday’s stock market crash, with the Dow dropping 890 points and the S&P 500 falling 2.7%.
The Dow is now 1,500 points below where it was when Trump took office. Analysts cite his chaotic messaging and steep tariffs on key trading partners as driving investor uncertainty.
Trump refused to predict a recession, calling it a “transition,” while his officials gave conflicting reassurances.
Treasury Secretary Scott Bessent warned of a “detox period,” further fueling market fears.
Last time we had a depression we didn’t have 512 million guns floating around. Gonna be a hot time in the ol town for sure.
Shotgun shells and canned goods are back on the menu, boys!
My wife thought I was crazy, she might have been partially right, but during Covid when people stoked up on TP I was stocking up on ammo. I told her I didn’t trust the current admin (Trump) to actually do enough and worried about a devolving system. I feel it even more with Trump 2.0… I’ve been telling all my progressive friends to go to the range and arm themselves. Those guns are floating in the hands of a ton of MAGA-folk and I don’t trust them.
I would not advertise that too much if I were you
That MAG have lots of guns? That I’m prepared to defend exactly what my constitution says? Or that I’m armed? Because all of them are things I would advertise. People need to learn that progressives/the left are armed too.
That you’re stockpiling ammo. Trump is going to go after personal gun ownership at some point in the next 2 year.
Outside of his bump stock ban that couldn’t be farther from an actual reality. There are many, many stupid things that man will do. Taking away guns is definitely not one of them. I’m all for pointing out the insanity of this administration, but we cannot become crazy conspiracy nuts like MAGA. Trump will ruin the economy and make it so people can’t afford guns, but take them away… not at all.
Trump literally said, "“Take the guns first, go through due process second,” in his first term.
Fascist authoritarian dictators usually don’t let private gun ownership exist.
And at the very least they’ll try to take them away from liberals.
While true, Project 2025 seems to want to go all-in on guns everywhere with strong support from the NRA. But you’re right, historically this meant only guns for loyalists.
https://elections.bradyunited.org/resources/project-2025-guns
Exactly shocked the fuck out of my brother a year ago when he saw me browsing a socialist gun sub reddit. He said in fear “socialist have guns?” I said fuck yeah we do. He thought only right wingers are armed.
He also freaked when that guy in Florida driving a toyota prius shot that fucking red neck that was harassing him.
That MAG have lots of guns? That I’m prepared to defend exactly what my constitution says? Or that I’m armed? Because all of them are things I would advertise. People need to learn that progressives/the left are armed too.
If it gets to the point where you actually have to use your guns in that manner, all you’re doing is advertising that you have a whole bunch of ammo and supplies for other people to steal. Thump your chest all you want, but you’ve gotta sleep sometime and if you’re going to advertise that you have a shitload of ammo available, someone’s gonna come to your house in the middle of the night when you’re least able to defend yourself and kill you to take it and everything else you own.
Arm yourself to the teeth if you can and if that makes you feel better, but keep quiet about it. The best way to make sure nobody comes to try to take what you have is making sure that nobody knows you have it in the first place.
My house isn’t intended to be a point of battle… I think you’re mistaking being prepared for something and talking about that preparation compared to building up full caches. Which I have no reason for. Look more to examples of Ukraine in the early parts of the war. That’s a rough idea of what I’d expect modern warefare/civil war. So having enough to fight off something potentially localized is important, but not the end. Being quiet on these matters is how we have ended up in this shit position.
Those MAGA-folk are going to be super mad when they lose their jobs and homes due to their dear leader’s fuck-ups. The blame game won’t work now that immigrants are leaving either. MAGAs are pretty dumb, but even they will begin to figure out who is causing their woes.
Last time we had a depression
Great Depression 2: Electric Boogaloo.
Gotta put Trump’s name in there. Make sure it’s attached directly to his name for the rest of history.
2 Caste 2 Spurious
Trump was placed in office for one specific reason, to make rich people even more money.
He’s falling at that because rich people don’t have cash, they have stock.He’s fucking with trade which is making stock prices free fall, and since rich people’s values are directly tied to stock prices, that’s as good as taking money directly out of their wallets.
This is the only thing that will put an end to Donald Trump, fucking with rich people’s money.The rich are far, far more savvy at investing than that. The rich made a fuckton yesterday by selling VIX, writing calls, and generally just doing what people who already own everything do.
This hurts 401(k)s and investments owned by normal people. The rich will be fine.
I wish you were right, but the rich LOVE a stock fire sale and Trump is giving them one. Berkshire Hathaway has been saving up liquidity specifically in anticipation of a recession. Every time the market dips, the rich end up growing even richer.
They’re crashing everything on purpose, and at multiple people direction. The wealthy a) make money on the shorts etc and b) will hoover up whats left after everyone not in the 1% has nothing left.
THATS when they’ll ditch DT via the 25th, Vance will take over as hes less of a loose cannon and more controllable. He’ll also be able to run for president twice more if they use the 25th on DT after 2 years.
Unbelievably enough, it might end up being the rich people in the US who end up saving us all, by deposing Trump because he fucks up their bottom line.
Uh-oh! You thought Trump was some ultra-conservative “tear down this wall” kind of President when he actually turned out to be a treasonous, Russian asset, “burn fucking everything” type of President? Ah, dang, where did I leave those shits? Totally would’ve given you some, but it appears I’m all out. 🤷
The Dow is now 1,500 points below where it was when Trump took office.
Holy shit.
Did you even thank Trump for this though? You don’t have the cards.
Where’s your suit also?
Thank you Massa trump, sir.
Every MAGA
He is playing poker, and I am playing 52 pickup.
No simpler way to bankrupt all the poors and let the billionaires buy up all their land and such to start their “freedom cities” which are actually company towns.
Gotta make em desperate and give them no choice before you can build Amazonfield, Metacity One, and Teslaville.
I don’t think any of this is intentional. There is no secret plan or grand strategy, it’s all as chaotic as it looks.
There is a plan for the oligarchs financing US politicians.
Trump doesn’t have a plan, and understand how anything works. Everything he’s ever signed was written by lobbyists and corporate lawyers.
Which puts it all back to chaos - I think it’s all individual retrogressives taking advantage to push their own agenda. You end up with dozens of independent half-baked strategies doing all sorts of inconsistent things
Eh, they’ll just blame the democrats somehow. That’s all they ever do. Make up some convoluted or disconnected logic about how some unrelated policy set by Biden or Obama made trump such a shitty president.
If Fox News turns Democrat for Trump, we can say the apocalypse has begun
Things have been very upside down lately on multiple fronts…
Treasury Secretary Scott Bessent warned of a “detox period,” further fueling market fears.
“Monetary policy in this nation historically has been too stuck on the concept of money having value. The president has introduced a ‘detox period’ where we are decouple the concept of ‘money’ and it being worth anything.” -Scott Bessent probably
calling it a “trans
DOGE has scrubbed all record of his comment.
FOX News? Holy. I must withdraw my funds assp.
Buy low, sell high.
The funny thing about buying the dip is that sometimes the company is just fucking failing and is up to its eyeballs in debt, so you don’t even get a cash out.
And if it wasn’t in debt, it will be when the corporate raiders finish transfering their own debt to it.
That’s why I’m in index and mutual funds. I didn’t do well with picking single stocks.
No one does well with picking individual stocks, any more than someone does well at playing the lottery. Even the people who win just got lucky.
Professional stock traders frequently lose to random chance engines like a hamster in a ball or an octopus touching coloured tiles.
The only way to reliably succeed at owning individual stocks is to be wealthy enough that you can massively diversify your portfolio. The rest of us should just buy VGRO.
Yeah, if anything this would be a time to buy, not sell.
Not that you should be trying too hard to time the market. But if the opportunity presents itself and you were investing anyway…
face-eating leopard noises intensify to sound levels that can incur permanent hearing loss - seek shelter immediately
I started doing the math on how many leopards gnawing on faces it would take to make the sound level dangerous and it made me kind of nauseous, but trust me, it was ballparking towards “a lot”. Probably way less than 70 million though.
Fox is play their pretending to be fair game. I don’t trust new republic reading the air.
Even I don’t care what Fox News has to say
But losing the mouthpiece created for conservatism after Nixon, that’s an important weather gauge.
Yeah, they normally have nothing to say I want to hear, but then they stop supporting the primary conservative, that speaks volumes.
Yeah but as their market shrinks they are less important. Trump might watch Fox but he is 80 years old.
They need to double down. They are the mouthpiece of the president, embrace your role. Propaganda only works if you don’t question.
