this post was submitted on 11 Mar 2025
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Summary

Fox News openly blamed Donald Trump for Monday’s stock market crash, with the Dow dropping 890 points and the S&P 500 falling 2.7%.

The Dow is now 1,500 points below where it was when Trump took office. Analysts cite his chaotic messaging and steep tariffs on key trading partners as driving investor uncertainty.

Trump refused to predict a recession, calling it a “transition,” while his officials gave conflicting reassurances.

Treasury Secretary Scott Bessent warned of a “detox period,” further fueling market fears.

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[–] [email protected] 56 points 3 months ago (5 children)

Trump was placed in office for one specific reason, to make rich people even more money.
He's falling at that because rich people don't have cash, they have stock.

He's fucking with trade which is making stock prices free fall, and since rich people's values are directly tied to stock prices, that's as good as taking money directly out of their wallets.
This is the only thing that will put an end to Donald Trump, fucking with rich people's money.

[–] [email protected] 25 points 3 months ago

The rich are far, far more savvy at investing than that. The rich made a fuckton yesterday by selling VIX, writing calls, and generally just doing what people who already own everything do.

This hurts 401(k)s and investments owned by normal people. The rich will be fine.

[–] [email protected] 22 points 3 months ago* (last edited 3 months ago)

They're crashing everything on purpose, and at multiple people direction. The wealthy a) make money on the shorts etc and b) will hoover up whats left after everyone not in the 1% has nothing left.

THATS when they'll ditch DT via the 25th, Vance will take over as hes less of a loose cannon and more controllable. He'll also be able to run for president twice more if they use the 25th on DT after 2 years.

[–] [email protected] 21 points 3 months ago

I wish you were right, but the rich LOVE a stock fire sale and Trump is giving them one. Berkshire Hathaway has been saving up liquidity specifically in anticipation of a recession. Every time the market dips, the rich end up growing even richer.

[–] [email protected] 10 points 3 months ago* (last edited 3 months ago)

He was placed in office to make super wealthy oligarchs richer and he is succeeding.

Oligarchs make a killing in these conditions. They all came out richer after the 2008 financial collapse and they will again this time.

[–] [email protected] 4 points 3 months ago

Unbelievably enough, it might end up being the rich people in the US who end up saving us all, by deposing Trump because he fucks up their bottom line.

[–] [email protected] 45 points 3 months ago

Hell has frozen over for once that FOX actually blames an active Republican politician. That's when you know - you've truly fucked up.

[–] [email protected] 40 points 3 months ago (1 children)

No simpler way to bankrupt all the poors and let the billionaires buy up all their land and such to start their "freedom cities" which are actually company towns.

Gotta make em desperate and give them no choice before you can build Amazonfield, Metacity One, and Teslaville.

[–] [email protected] 7 points 3 months ago (2 children)

I don't think any of this is intentional. There is no secret plan or grand strategy, it's all as chaotic as it looks.

[–] [email protected] 8 points 3 months ago (1 children)

There is a plan for the oligarchs financing US politicians.

Trump doesn't have a plan, and understand how anything works. Everything he's ever signed was written by lobbyists and corporate lawyers.

[–] [email protected] 3 points 3 months ago

Which puts it all back to chaos - I think it’s all individual retrogressives taking advantage to push their own agenda. You end up with dozens of independent half-baked strategies doing all sorts of inconsistent things

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[–] [email protected] 40 points 3 months ago

Uh-oh! You thought Trump was some ultra-conservative "tear down this wall" kind of President when he actually turned out to be a treasonous, Russian asset, "burn fucking everything" type of President? Ah, dang, where did I leave those shits? Totally would've given you some, but it appears I'm all out. 🤷

[–] [email protected] 35 points 3 months ago (1 children)

The Dow is now 1,500 points below where it was when Trump took office.

Holy shit.

[–] [email protected] 37 points 3 months ago (2 children)

Did you even thank Trump for this though? You don’t have the cards.

Where’s your suit also?

[–] [email protected] 8 points 3 months ago

Thank you Massa trump, sir.

Every MAGA

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[–] [email protected] 25 points 3 months ago (1 children)

FOX News? Holy. I must withdraw my funds assp.

[–] [email protected] 8 points 3 months ago (2 children)
[–] [email protected] 7 points 3 months ago* (last edited 3 months ago) (2 children)

The funny thing about buying the dip is that sometimes the company is just fucking failing and is up to its eyeballs in debt, so you don't even get a cash out.

And if it wasn't in debt, it will be when the corporate raiders finish transfering their own debt to it.

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[–] [email protected] 4 points 3 months ago

Yeah, if anything this would be a time to buy, not sell.

Not that you should be trying too hard to time the market. But if the opportunity presents itself and you were investing anyway...

[–] [email protected] 24 points 3 months ago (1 children)

When you thought you were a leopard but you turned out to just be a person with a face.

[–] [email protected] 23 points 3 months ago (1 children)

Eh, they’ll just blame the democrats somehow. That’s all they ever do. Make up some convoluted or disconnected logic about how some unrelated policy set by Biden or Obama made trump such a shitty president.

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[–] [email protected] 20 points 3 months ago* (last edited 3 months ago)

Treasury Secretary Scott Bessent warned of a “detox period,” further fueling market fears.

"Monetary policy in this nation historically has been too stuck on the concept of money having value. The president has introduced a 'detox period' where we are decouple the concept of 'money' and it being worth anything." -Scott Bessent probably

[–] [email protected] 20 points 3 months ago (1 children)

If Fox News turns Democrat for Trump, we can say the apocalypse has begun

[–] [email protected] 9 points 3 months ago* (last edited 3 months ago)

Things have been very upside down lately on multiple fronts..

[–] [email protected] 19 points 3 months ago

calling it a “trans

DOGE has scrubbed all record of his comment.

[–] [email protected] 11 points 3 months ago (1 children)

What was that truth social post again about the market dropping 2% under "horrible Harris" and "sleepy Joe" and how they should resign?

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[–] [email protected] 8 points 3 months ago (1 children)

face-eating leopard noises intensify to sound levels that can incur permanent hearing loss - seek shelter immediately

[–] [email protected] 2 points 3 months ago

I started doing the math on how many leopards gnawing on faces it would take to make the sound level dangerous and it made me kind of nauseous, but trust me, it was ballparking towards "a lot". Probably way less than 70 million though.

[–] [email protected] 7 points 3 months ago

Fox is play their pretending to be fair game. I don’t trust new republic reading the air.

[–] [email protected] 6 points 3 months ago (1 children)

Even I don't care what Fox News has to say

[–] [email protected] 12 points 3 months ago (1 children)

But losing the mouthpiece created for conservatism after Nixon, that's an important weather gauge.

Yeah, they normally have nothing to say I want to hear, but then they stop supporting the primary conservative, that speaks volumes.

[–] [email protected] 4 points 3 months ago

Yeah but as their market shrinks they are less important. Trump might watch Fox but he is 80 years old.

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