Summary

As the stock market plunged Monday due to Trump’s trade wars, he spent the day posting on Truth Social.

The Nasdaq fell 4%, its worst drop since 2022, while the S&P 500 lost nearly 3%. Major tech stocks, including Tesla, saw significant losses.

Trump posted over 100 times, endorsing his tariffs despite investor panic. A White House official dismissed the sell-off as irrational fear.

Commerce Secretary Howard Lutnick insisted a recession is unlikely. Trump avoided a clear recession prediction, calling the economy’s shift a “transition.”

  • alaphic@lemmy.world
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    22 days ago

    I mean there are only a few real hard and fast rules you have to follow in life (imo):

    1. Don’t talk about Fight Club
    2. No pre-orders, No exceptions
    3. Don’t fall in love with the stripper
    4. Don’t believe the politician’s promises

    Strippers and politicians are like two sides of a coin in that one pretends to love you but is just going to fuck you and the other is a stripper.

    It’s really just not that hard guys.