All things considered, it has only been about 3 months since Trump took office, I feel like there is absolutely no way that this was just a single craze and from here things will even out.

I feel like until 2028 (or maybe 2026?) S&P 500 is going to look like a roller coaster.

What do you think?

  • MTK@lemmy.worldOP
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    14 days ago

    Sold it all the moment he was declared the next president, I knew shit would happen but I couldn’t have predicted this.

    To be honest, I thought he would focuse more on racist, misogynistic and conspiratorial things. I knew he was stupid, but I didn’t think he was threatening-war-to-allies-making-a-secret-police-crashing-the-economy stupid

    • Omega@discuss.online
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      14 days ago

      any economics student could have expected this, even the fact a president can put tariffs to a such incredibly high values shows that it’s essentially a fascist state already, somehow USA in three elections managed to become as bad as Hungary, Turkey and Egypt

      • MTK@lemmy.worldOP
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        14 days ago

        Not an economics student, but sounds like an important subject these days huh?

        • Omega@discuss.online
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          14 days ago

          I thought high school economics was a mandatory class? Maybe not with how many people don’t know about tariffs…

          • MTK@lemmy.worldOP
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            14 days ago

            Is it mandatory? I don’t recall.

            I definitely never was in an economics class.

          • Anti_Iridium@lemmy.world
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            14 days ago

            It is in Michigan. However, I know someone who left michigan as average student was placed in advanced classes in Florida.

            In America™, not all education is created equally.

      • jacksilver@lemmy.world
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        14 days ago

        I don’t think anyone expected almost blowing up the bond market. Why do you think it should’ve been obvious he’d tarrifs the world+allies?