That assumes the dollar doesn’t take a permanent tumble. If the world decides the US is too volatile and starts using the Euro as their reserve currency, we may find the US market never actually recovers, since so much of the value of our companies are tied in with their leadership abroad
Remember, past performance is not an indicator of future results. Just because every past downturn ended and pushed US stocks higher at some point, doesn’t mean it will always happen, particularly as we piss off our closest allies.
But if we could find a way to crush the euro, maybe by making them pay for their own war in Ukraine and by making them buy weapons packages from us using only dollars, we can keep the dollar propped up long enough to redraw borders and strip enough copper and regulation out of the walls that foreign investment in the form of building new factories in the usa begins to look like an attractive investment, especially when paired with a populace primed by de-funded schools to be well suited for such jobs…
I am not a finance person but I always wondered if the market power would “slosh” back towards the “shallow” end of the money pool at some point and if the result would be the US becoming a new “3rd world” country.
I’m looking forward to seeing Indian tech companies outsourcing their tech work to formerly Elon-employed punks in the US, for pennies on the rupee. The punks are auditioning for it right now, and clearly their work will be shit but at least it’ll be cheap.
We really need to just start forming old school mobs and dragging these fucks out onto the street and performing public executions. It worked extremely well for France.
Ironically for young people the pain may be short, but it’ll make stocks cheap for us, it’s great to be paying into a 401k now during a downturn!
For all the boomers that voted for this who are pulling money out of the stock market when it’s down… Womp womp
That assumes the dollar doesn’t take a permanent tumble. If the world decides the US is too volatile and starts using the Euro as their reserve currency, we may find the US market never actually recovers, since so much of the value of our companies are tied in with their leadership abroad
Remember, past performance is not an indicator of future results. Just because every past downturn ended and pushed US stocks higher at some point, doesn’t mean it will always happen, particularly as we piss off our closest allies.
We have/had a magical economy that never went down even when others stagnated. Turns out the secret ingredient was democracy. Oops
But if we could find a way to crush the euro, maybe by making them pay for their own war in Ukraine and by making them buy weapons packages from us using only dollars, we can keep the dollar propped up long enough to redraw borders and strip enough copper and regulation out of the walls that foreign investment in the form of building new factories in the usa begins to look like an attractive investment, especially when paired with a populace primed by de-funded schools to be well suited for such jobs…
Man this comment got sadder and sadder lol
lol I read it as if the poster was saying it all in one tear jerking breathe.
I am not a finance person but I always wondered if the market power would “slosh” back towards the “shallow” end of the money pool at some point and if the result would be the US becoming a new “3rd world” country.
I’m looking forward to seeing Indian tech companies outsourcing their tech work to formerly Elon-employed punks in the US, for pennies on the rupee. The punks are auditioning for it right now, and clearly their work will be shit but at least it’ll be cheap.
We really need to just start forming old school mobs and dragging these fucks out onto the street and performing public executions. It worked extremely well for France.