3 ms·
Shock and uncertainty causes large dips in the stock market. As as long as the economy isn't completely toast by the time you backpedal completely, it'll recove
by arghwhat 1y ago
Shock and uncertainty causes large dips in the stock market. As as long as the economy isn't completely toast by the time you backpedal completely, it'll recover somewhat.
Just imagine the money you could make if you could induce such events on demand, with only you and your friends all being prepared for it!
Just a thought. Purely hypothetical. No one would do that. Surely.
- rchaud 1y agoStocks going down you say? Not to worry, Uncle Sam will graciously buy your shares on the open market to keep them from dropping further.
- overfeed 1y agoHow long before treasury directly starts buying private shares in companies owned by the politically connected? This unsophisticated, banana republic grifting that Americans used to deride 3rd-world countries for.
- pjc50 1y agoOr the Intel setup, where the government simply bullies its way into an equity stake by reclassifying already agreed grant payments.
- Tadpole9181 1y agoGrants that Intel was denied because they hadn't made milestones yet! We gave them already proportioned money they failed to earn!
- janice1999 1y agoFor the unaware: "Trump brags in Oval Office that his billionaire pals made a killing in stocks after he pulled the plug on tariffs" https://www.independent.co.uk/news/world/americas/us-politics/trump-billionaire-profits-dropped-tariffs-b2731386.html https://www.independent.co.uk/news/world/americas/us-politic...
- fsckboy 1y agobecause the stock market liked his actions or the economic responses, as billionaires would make bank on any stock market increase, as would everyman's retirement account.