this post was submitted on 07 Apr 2025
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[–] glowing_hans@sopuli.xyz 24 points 13 hours ago (2 children)

We are witnessing history in the making, people! Keep documenting and writing it down, like the ancient greek historians. The US has radically changed under the new president Trump 2024 -> 2025 and we will need to study the effects on our world and global economy closely. Historic times indeed.

[–] LiamMayfair@lemmy.sdf.org 3 points 4 hours ago (1 children)

I'm getting really fucking tired of living in interesting times. I've lived through 9/11, the 2008 crash, a first Trump term through COVID-19, Russia's invasion of Ukraine, and now a second Trump term through another financial crisis.

Give me a fucking break.

[–] MBech@feddit.dk 1 points 1 hour ago* (last edited 1 hour ago)

I just want some fucking boring times, is that really so much to ask for? Just a time where people mind their own fucking business and rich cunts don't try to destroy the peace? I've never heard about an economic crash or a war started by a poor person. Hang any motherfucker who hoards wealth. Start from the top, and stop when people are no longer starving in the fucking streets, or dying from preventable diseases. I absolutely guarantee, we won't have to kill that many before the rest fall in line.

[–] WanderingThoughts@europe.pub 9 points 10 hours ago (2 children)

Not that historica, so far it seems to imitate the 2008 financial crisis crash. But yeah, the financial system almost died then. With Trump, the whole global economic system could very well end in the wood chipper.

[–] RetroGradeBE@lemmy.world 5 points 6 hours ago (1 children)

Could be even worse now, because in the 2008 financial crisis the US government was actively combatting the crisis by putting trillions of dollars in the economy. In this case it’s the US gov driving the madness.

[–] Not_mikey@slrpnk.net 1 points 5 hours ago

And the fed probably won't let the government dump money into the system because there gonna be afraid of these tarriffs causing inflation.

[–] FarceOfWill@infosec.pub 8 points 10 hours ago

The thing to understanding crashes is that they're a crude signal of an underlying reality. Not a thing in themselves.

This isn't like the 2008 crash, or any other, because the reality that's causing the number to go down is totally different. Except maybe the great depression. It's a bit like that.