this post was submitted on 03 Apr 2025
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wall street is going down... so what?

will any of these ghouls be made homeless or is it all anxiety for them?

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[–] [email protected] 25 points 3 days ago (7 children)

I was thinking about it, and I think the only way they are harmed by the tariffs are if they are successful. If manufacturing was reshored to America, this would cause a massive swing back to industrial capitalism. With it, would come a kneecapping of financial capitalism, especially real estate speculation. Then of course there would be unions, a labor movement, etc etc.

Unfortunately, the rich will simply 'buy the dip' and make their money back and them some when the tarriffs go away. After draining workers' 401ks.

[–] [email protected] 7 points 3 days ago (1 children)

That's assuming it's a dip and not permanent.

[–] [email protected] 14 points 3 days ago (2 children)

Eh, when you have enough money to wait forever, every downturn is a dip

[–] [email protected] 10 points 3 days ago (2 children)

Comrade, someday all the dollars will turn to dust.

Fiat currency relies on belief.

[–] [email protected] 8 points 3 days ago (1 children)

In the long run, we're all dead.

[–] [email protected] 6 points 3 days ago
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