this post was submitted on 12 Apr 2025
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Political Memes

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[–] DeusUmbra@lemmy.world 3 points 18 hours ago

They may recover money, but you can prevent them from recovering physically.

[–] lorski@sopuli.xyz 2 points 23 hours ago

The GOP is a death cult, we will probably die before we can retire.

[–] Taleya@aussie.zone 1 points 22 hours ago (1 children)

Jokes on you cunts, as a liminal i never expected to retire in the first place

[–] mriormro@lemm.ee 1 points 21 hours ago

Liminal deez nuts.

[–] Hikuro93@lemmy.world 32 points 2 days ago* (last edited 2 days ago) (1 children)

Remember. He didn't back down (for now) because you were hurting as a person.

He backed down because his constituents - the ultra-rich, aka the ones best equipped of all to weather this storm they themselves asked for - complained that their power and wealth rate was decelerating.

Simple as. The people who build and maintain societal infrastructure with their sweat and blood would sooner be left to die than these elitists would see their unfathomable and unneeded amounts of influence drop even 1%.

[–] Jyek@sh.itjust.works 15 points 2 days ago (1 children)

Almost certainly he backed down because he is manipulating the market and shorting on the whole economy. The whole reason for the stop and go tariffs is to cause market instability and panic selling. He shorts right before he introduces tariffs and buys when the market free falls. Then he pauses the tariffs to build the market back up so he can sell and repeat the whole process. This isn't about anyone but Trump.

[–] stopdropandprole@lemmy.world 7 points 1 day ago* (last edited 1 day ago) (1 children)

This isn't about anyone but Trump.

💯 everything you said up to that last point...

I think Peter Thiel and Dark MAGA billionaires are also pretty interested in what's going on... they literally installed JD Vance as VP to guarantee inside influence over policies which serve their long term anarcho-capitalist fantasies.

[–] Jyek@sh.itjust.works 2 points 23 hours ago (1 children)

I'm pretty sure anyone else benefiting from his antics are strictly consequential benefits he can take advantage of and have little bearing on whether or not he does it in the first place.

[–] ZombiFrancis@sh.itjust.works 2 points 22 hours ago (1 children)

What is obscured in the strict 'line up' and 'line down' interpretations of the market is a tremendous amount of money churning through different hands. It invariably transfers to the wealthiest hands who are most capable of absorbing losses and taking risks. The vast body of wealth that is lost in high market volatility is... retirement and pension funds.

The Dow Jones could stay flat and billions of dollars could still be transferred into the hands of a dozen people.

[–] Jyek@sh.itjust.works 1 points 20 hours ago

I don't think I indicated that I disagree with that. Just that nothing matters to Trump more than his number going up. And I don't think that if other billionaires were losing money due to the market disruptions he is directly causing, he would do something differently. His prim directive is not to make the rich more wealthy or even to remove money from retirees and the poor. He doesn't give a shit who loses money as long as his personal wealth grows.

[–] eltrain123@lemmy.world 58 points 2 days ago (1 children)

It’s not a crash… it’s a wealth transfer. They saw how effective economic crisis was for wealth transfer during covid, and they are manufacturing a controllable version of that through on-again-off-again tariffs. The old advice of “stay the course” with your 401k may not be the best course of action anymore. But I’m no expert… time will tell.

[–] Cornelius_Wangenheim@lemmy.world 22 points 2 days ago* (last edited 2 days ago) (2 children)

"Stay the course" is still the best advice. You don't actually lose anything as long as you don't sell. As long as it recovers by the time you retire and start withdrawing from it, it's fine.

The main problem would be if Trump's fuckery deals a fatal wound to the US economy and it never recovers. Even then, you can diversify right now into international stocks to mitigate that chance.

[–] sgtgig@lemmy.world 7 points 2 days ago* (last edited 2 days ago)

Relevant

And thinking of it this way.. if you cash out and lock in losses and stop investing, you're likely to never or greatly delay your retirement. If you keep investing, even with catastrophic losses in the market, you'll be buying at the bottom and if you've still got enough time before retirement, you should still make it.

[–] otterpop@lemmy.world 3 points 2 days ago

These thoughts and this paper and video analysis https://youtu.be/-nPon8Ad_Ug led me to that same conclusion. Definitely going to start having a more internationally weighted portfolio.

[–] stoy@lemmy.zip 40 points 2 days ago (1 children)

That depends on if you sold or held.

[–] MellowYellow13@lemmy.world 3 points 2 days ago (1 children)

Neither, didnt play the game cause its rigged - and not in the common persons favor.

[–] stoy@lemmy.zip 4 points 2 days ago (1 children)

Play the game smart, don't bet more than you can afford to lose, invest in stable funds, not volatile stocks.

I mean, the game is there, you might as well play it, but be smart about it.

[–] gingernate@sopuli.xyz 1 points 21 hours ago

VTSAX or FSKAX for life

[–] WanderingThoughts@europe.pub 21 points 2 days ago

Stock markets don't create or destroy money. They just move it around. Mostly from the poor to the rich.

[–] tigeruppercut@lemmy.zip 26 points 2 days ago (3 children)

Hey I recognized a meme source for once. I'm just gonna take this post down to the "not old yet" store and force the kids skateboarding in the parking lot to accept me.

https://www.youtube.com/watch?v=eacQol2KFOA

[–] burgersc12@mander.xyz 12 points 2 days ago (1 children)

I Did A Thing is hilarious, I love the way he seems to just be screwing around in all his videos

[–] TimeNaan@lemmy.world 3 points 1 day ago

I recommend Boy Boy as well

[–] idiomaddict@lemmy.world 12 points 2 days ago (1 children)

“They have also set almost as many people on fire as the American military.”

I was not expecting that at all and now there’s coffee everywhere

[–] TheTetrapod@lemmy.world 5 points 2 days ago

Their other channel, Boy Boy, is doing some of the most aggressive leftist propagandizing on YouTube.

[–] Kushan@lemmy.world 5 points 2 days ago

I recognised it as well!

[–] iAvicenna@lemmy.world 6 points 2 days ago* (last edited 2 days ago) (1 children)

recover? they are now sitting on top of your gone retirement funds

only if you panic sold everything

[–] Snowclone@lemmy.world 8 points 2 days ago (1 children)

That's the thing. We're already dead.

[–] Kennystillalive@feddit.org 1 points 2 days ago

Can confirm I'm still a live.

[–] jaybone@lemmy.zip 2 points 2 days ago

Somehow both of these guys look like Edward Snowden.