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Damnit, I came here to blame Joe Biden, but it seems like everyone else beat me to it. Oh well, time to go tariff some more countries and then act shocked by the results....
this post was submitted on 12 Mar 2025
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This is what happens when your president is a used car salesman.
Maybe they should try more tariffs. More tariffs will fix it definitely.
We just need to hawk more $100k Teslas from the White House. …what a fucking embarrassment.
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Tbh Wall Street can fuckin off. They helped create this mess. If this ship is going down, let's make sure none of the assholes find a seat on a life boat.
All of everyone’s retirement accounts are invested in the market. So it’s not just those assholes who get fucked by this.
Maybe it will force Americans to do something against that? If no one has any retirement, there's bound to be a lot of public outcry. There's nothing to lose if you have nothing.
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What's interesting to me is that the "shape" of the line still matches the global line pretty well so there are some "fundamental" aspects that still affect markets, but overall we're in a nosedive for "some reason."
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Here in the US, I transfered most of my 403(b) investments into European, Asian, and "emerging market" funds, so I'm happy to be doing my part.
Fuck, that’s a good idea.
Thank you.
I did the same with my IRA. I was in VOO but moved to VGK and some short term bonds. So far I've saved myself a good amount of money.
Same, babe. Sold all my iShares and Vanguard ETFs and moved into BMO emerging markets, Euro, and Canadian funds.
I still need to look into my employer group pension account. I don't know how much control I actually have over that.
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