this post was submitted on 12 Mar 2025
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Link to archived tweet

https://archive.ph/6B0Pj

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[–] [email protected] 9 points 1 month ago

To be fair, showing no historical correlation and just assuming the problem or separation started this year because it's specifically indexed to the start of the year, is garbage math. Like, you got the correct answer, but you did the problem completely wrong.

[–] [email protected] 8 points 1 month ago (9 children)

I’m feeling pretty smug lately having always avoided the stock market so my money has been the same this whole time

[–] [email protected] 5 points 1 month ago (3 children)

Maybe should convert some of those dollars to Euros tho just in case

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

Don't worry, the rest of the world will get pulled down when we really nose dive... hooray contagion.

[–] [email protected] 4 points 1 month ago* (last edited 1 month ago)

Yes, the global casino of interdependent pyramid schemes is extremely fragile.

Don't worry though. Capital will print as much money, build as many prisons, and blow up as many brown people as it takes to maintain hegemony.

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[–] [email protected] 6 points 1 month ago (3 children)

I can't. Is this mental difficulties or that thing journalists do where they have to act like they were literally just born and don't know anything about the world? I don't know the dude in OP.

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[–] [email protected] 6 points 1 month ago (1 children)

This is why Warren buffet pivoted to cash liquid position.

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

That guy pours over countless documents and stats to make his moves. He probably knows what he's doing more than most when it comes to predicting market turns.

I mean I feel like a recession is inevitable, but I'm just some random guy.

[–] [email protected] 3 points 1 month ago* (last edited 1 month ago)

It absolutely is. I've sensed it coming for years now. Gen Y and Gen Z have been struggling under student loan debt. Car loans are getting years longer. People were micro-financing weddings and vacations. Now services like "Klarna" and Afterpay are just repackaged credit card debt.

The majority of people in America can not survive. College degrees aren't enough to find a job, and raises/bonuses are non-existent. Most people are working for minimum wage, and that minimum wage is stagnant. If you had real estate or stocks, the boom in the housing and financial sector could offset this pressure, but with the majority of property getting swept up by large hedge funds, there's no room for average Americans to get their foot in the door with a mortgage.

So what do people do? They stop buying. It's the same market-stagnation effect that deflation has, only with all the micro-economic stress that inflation creates. It happened before in 1929. It's happening again. Because America allowed itself to slip back into the capitalist trends that created the previous Gilded Age.

[–] [email protected] 6 points 1 month ago

As the fellon in the White House said - „it’s just a small group, boycotting, attacking …“ well I don’t think so „Mr. president“

[–] [email protected] 5 points 1 month ago (5 children)

I like the little hopeful bump before the inauguration.

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[–] [email protected] 5 points 1 month ago

This is what happens when your president is a used car salesman.

[–] [email protected] 5 points 1 month ago

more like lol street amirite

[–] [email protected] 5 points 1 month ago

How did Justin Trudeau manage this? I thought he was too busy making potholes?

[–] [email protected] 5 points 1 month ago

What ever could the problem be? Tariffs! No tariffs. Tariffs! No tariffs ... well some, maybe. Tariffs! Delayed tariffs ... delayed tariffs again.

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