Economy

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$1.15 trillion was wiped out from the US stock market today. (feddit.uk)

submitted 1 week ago by sirico@feddit.uk to c/economy@lemmy.world

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[–] Vertelleus@lemmy.dbzer0.com 102 points 1 week ago* (last edited 1 week ago) (12 children)

Has anyone thought that Trump is trying to run the economy like a crypto "pump and dump" scheme?

Genuinely curious.

[–] grrgyle@slrpnk.net 34 points 1 week ago* (last edited 1 week ago) (4 children)

This is precisely what "disaster capitalism" is all about.

A very small number of assholes are about to get even richer.

[–] Braindamagedeluxe@lemm.ee 3 points 1 week ago (2 children)

Coolio, how can I be one of them?

[–] the_q@lemm.ee 6 points 1 week ago (1 children)

Wrong question and wrong perspective.

[–] Braindamagedeluxe@lemm.ee 4 points 1 week ago

Mom always says there are no wrong questions

[–] untorquer@lemmy.world 2 points 1 week ago

That ship sailed 2 months ago.

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