r/WallStreetbetsELITE 3d ago

Loss Liberation day! American First, not Foreigners!

Post image

Because the negative Growth is still Growth!

1.5k Upvotes

47 comments sorted by

86

u/asspajamas 2d ago

dumbfuck has ruined my portfolio. it will take me years to recover... if that's even possible.

41

u/MindCrusader 2d ago

I was not familiar with the Great Depression before (I am European and I don't invest in stocks, but I am interested in global politics). Yesterday I saw some analysis on this USA period and it took around 25 years for stocks to return to the pre depression levels. If it happens again now... Ouch

The war economy helped to fight off the depression. Who knows, maybe he wants to destroy the economy on purpose to prepare the Americans mentality to fight with China

24

u/sta6 2d ago

Bruh this type of thinking would assume Trump is able to form any type of coherent thought. 

6

u/MindCrusader 2d ago

Agree, but the issue is Trump is not alone and is influenced a lot by Vance or Musk in my opinion. They both are maniacs and think they are the smartest and want to play 5d chess

8

u/Snr_Wilson 2d ago

At least I don't plan on retiring for another.... 23 years.

Shit.

8

u/myrealnameisboring 2d ago

I do just think it's as simple as disaster capitalism. Crash the market, implement unpopular policies while that causes a distraction. Then, as elections near, remove tariffs, claim 'victory' over other countries and hope as stocks rise and goods prices stabilise or fall, people give them credit for it at the ballot box. And you just know that the MAGA cult will.

And during all of this, those in the administration will buy low and profit.

2

u/legiraphe 2d ago

From my understanding it was caused by people borrowing money from banks to buy stocks and banks lending money for that, not thinking it could cause issues. Stock went super high, then crashed, banks closed, people lost money. 

I guess, my point is that these tarrifs, if just temporary, shouldn't be as bad as the great depression. But who know what this 🤡 will do.

2

u/MindCrusader 2d ago

Yes, this situation is a lot more different than the Great Depression. The bigger damage than the tariffs is probably the damage of the soft power and crushing alliances with the US - it can have a long time consequences, much more brutal than the tariffs, like dolar slowly losing it's power worldwide, less dependency militarily, economically and technologically on the US. So far the US gave a lot of good things to allies and in return allies allowed the US to be the leader, without any questions. It might change soon

1

u/Downtown_Skill 2d ago

I promise I'm not trying to be condescending but I am interested in what your perspective on the great depression is. It was a global depression, not just isolated to the U.S. and helped contribute the economic circumstances in Germany that allowed Hitler to become so popular. 

Edit: And again I'm not trying to be condescending. I myself only have a surface level understanding of the great depression. 

3

u/MindCrusader 2d ago

If I am not wrong, tariffs worsen the situation a lot. And yes, the bad economy situation helped Hitler and sanctions on Italy helped Mussolini - that's why Trump might be doing the same for preparation for war with China, especially considering Vance words to US marines saying things like "when you will be at war, you must have the best technology". Correct if I am wrong, I am not an expert

1

u/DonkeyTron42 2d ago

Some of America’s greatest projects (Golden Gate/Bay Bridges, Hoover Dam, etc.) were completed during the Great Depression. Maybe we’ll finally get California High Speed Rail.

4

u/MindCrusader 2d ago

With Trump as a president, I think it will be the golden Trump statute next to the Statue of Liberty

6

u/DonkeyTron42 2d ago

Ah yeah. Probably an addition to Mt. Rushmore as well.

3

u/endangerednigel 2d ago

next too

Reaching up the skirt off more likely

2

u/myrealnameisboring 2d ago

Was actually wondering if a big increase in car prices would have the effect of spurring demand and action on high speed rail. One can dream.

3

u/Dolphin201 2d ago

I know, he’s playing with peoples lives like it’s a game

2

u/Specialist-Neat4254 2d ago

Why aren’t you hedging? My stock is down 7% today I’m down about $250 on 100k

You could always sell now and go into a HISA for the next few years

1

u/TwiztedTD 2d ago

Same 

62

u/Snoo-28239 2d ago

Maga is a cancer

32

u/jpk195 2d ago

Have you said thank you? Even once?

19

u/decompiled-essence 2d ago

You are being liberated... from your money.

10

u/OneTotal466 2d ago

Liquidation day

5

u/mak48 2d ago

Putting the Great in Great Depression

10

u/AOC_Slater 3d ago

So many idiots are going to buy the dip off the rip and get dunked on buy the market.

5

u/PumbainJapan 2d ago

For daltonics, it may be green?

4

u/amarguras 2d ago

Are we tired of winnning guys?

3

u/Wayward_Maximus 2d ago

What website is this?

3

u/NinjaTabby 2d ago

Finviz map

1

u/Wayward_Maximus 2d ago

Thank you!

3

u/Ornery_Loquat_6394 2d ago

You Americans tired of winning yet?

1

u/Feisty-Succotash1720 2d ago

………do you have a couch 340 million of us can sleep on?

2

u/niveapeachshine 2d ago

Red means good?

2

u/andreBarciella 2d ago

americube when?

2

u/Big-Wrangler2078 2d ago

Ok I'm just randomly here from seeing this in my feed and I know nothing about stocks, what time frame are we talking about here? Just since he announced the tariffs or since last month?

1

u/wrathheld 2d ago

Yesterday. All of this happened within 21 hours. I’m not even exaggerating lol

2

u/Western-Main4578 2d ago

"Are your winning son?"

1

u/Ok-Focus8676 2d ago

Maybe these are the low prices promised in the campaign

1

u/Deepfire_DM 2d ago

Hmm - look who gave millions to the orange emperor ...

1

u/needaspguy 2d ago

You think it's fucked now, wait till tomorrow when every other country starts their own reciprocal tariffs!

You can't throw a huge boulder in the pond and not expect waves!

1

u/Tomtom48HWI 2d ago

First losers, yeah 😂😂

1

u/PrettyFlyForALawGuy 2d ago

And the dollar is sinking pretty much relative to every currency. Heck, even some currencies that are sinking in relation to the bigger winners (i.e. sinking against the euro) are apparently improving against the dollar.

Are the MAGGAts tired of winning yet?

1

u/truenorth4386 2d ago

It’s almost like companies want to do business internationally… weird

1

u/LectureAgreeable923 2d ago

I am liberated TZA

1

u/cobblepot883 2d ago

Bad day for me

1

u/KinkyQuesadilla 2d ago

Liberation from your 401K, fools.

1

u/IanJMo 2d ago

Red light special 🚨🚨🚨🚨