• BigMikeInAustin@lemmy.world
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    16 hours ago

    Some people already sold off at the lower price before it gets lower.

    Companies already had to make equipment orders and revenue predictions, which caused suppliers to fire extra people.

    And confidence has already been shaken since this could happen again at any time.

    Companies are now increasing plans to downsize to deal with the uncertainty.

    And the ultra rich are ready to start buying at the lower price. So that if the prices returned to last week, the percentage of differences of wealth from the ultra wealthy to the regular will be even higher.