NEW YORK - President Donald Trump’s tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out US$4 trillion (S$5.3 trillion) from the S&P 500’s peak last month, when Wall Street was cheering much of Mr Trump’s agenda.

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[–] 12 points 2 years ago (4 children)

once the FDIC is gutted, we're on our own with the banks.

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  • [–] 4 points 2 years ago (3 children)

    Hmm. I need a plan for after they kill FDIC.

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  • [–] 3 points 2 years ago (2 children)

    Lemme know if you think of one. Cash? Gold? Land?

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  • [–] 5 points 2 years ago

    I'm about ready to bury some gold. I was laughing at the gold buying people a year ago, then I read that JP Morgan Chase was taking their FIRST planeload of gold ($4 billion) to put in the vault in NYC. Last month this happened. Other banks are doing the same.

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