r/WallStreetbetsELITE • u/RoyalChris • 1d ago

MEME Tired of winning yet?

15.8k Upvotes

99% Upvoted

372 comments sorted by

View all comments

Show parent comments

108

u/Bored_Trout 1d ago

It will go lower still. Counter tariffs, international partners fleeing to alternatives, recession, jobs loss... This is the great depression all over again, at least in US

38

u/toliveagain55 21h ago

Some say the greatest depression of all time

11

u/Background-Bad-7510 20h ago

You know it, I know it, everybody knows it. It will be fun!

Billions and billions and billions and billions (of debt) will come our way!

5

u/newbrew0627 15h ago

Why have Billions, when you could have... Trillions?

1

u/Background-Bad-7510 15h ago

Where can I vote for you?

1

u/newbrew0627 15h ago

I'll be old enough when the buffoon's out, but don't worry, he said we wouldn't need to vote again, right?

1

u/boharat 19h ago

Big, strong men walking up to me and saying it with tears in their eyes (or whatever that dumb fuck said)

1

u/Ok-Ear9289 12h ago

Great Big Beautiful depression! The likes of which the world has never seen!🥴

1

u/bobbolders 5h ago

The bread lines will be the longest in the world. Glorious

31

u/QiTriX 1d ago

The tariffs don't even start until April 9.

22

u/Professional-Bad-559 1d ago

The universal 10% takes effect tomorrow.

“The 10% baseline tariff goes into effect at 12:01 a.m. EDT (0401 GMT) on Saturday, April 5, while the higher, reciprocal tariffs go into effect at the same hour of April 9.” (From What's in Trump's sweeping new reciprocal tariff regime

1

u/Beautiful_Echoes 1d ago

I don't think they know what reciprocal means.

13

u/GAE_WEED_DAD_69 1d ago

And that means it's going to be way worse than it is now. The markets are scrambling to adjust.

The truth is that they might mitigate the damage, but they won't remove it.

1

u/hellolovely1 4h ago

And the tariffs completely undermined our relationships with other countries, monetary effects aside. Dumb as shit.

2

u/wai169 1d ago

They moved it up to start the party tomorrow!

15

u/PieceJust3991 1d ago

Why don't you USA people start a rally or some sort of shove that president position in his ass movement. He's basically toying with my portfolio at this point and the only thing that can save that shit now is the lower income taxes with a big big big hopefully a 100% gain because this -50 argh, red isn't my favourite color anymore.

7

u/Busy-Virus9911 1d ago

I thought this was the reason they had those second amendment rights?

6

u/coolskeleton1949 1d ago

Oh, common misconception. “Rights” in the US are just for the corporations and rich folks, hope this helps.

3

u/Busy-Virus9911 1d ago

Yeah no I guess that makes sense looking at everything that’s happened in the last few months.

1

u/gymtrovert1988 15h ago

The people with most of the guns are thrilled this is happening

1

u/BookkeeperQuiet7894 19h ago

He will get one of his mates to buy your portfolio, just before the threat (they haven’t started yet) of tariffs is removed and he suddenly becomes the worlds first gazillionaire.

1

u/PieceJust3991 16h ago

Hopefully he does that before this threat turns into the biggest blunder of this century and I'm already way too deep to get out even though ik this shit will go down way more.

6

u/forgivemeimdisabled 21h ago

The greatest depression

1

u/hadoopken 17h ago

Most beautiful one too

1

u/Worth-Tangerine9644 16h ago

US voters have no idea whats about to come to them. Some even think this is good🙈🤣 They sure voted the best Russian president of all time. And by the time he is done, the US is vasteland economically speaking

1

u/Ok-Sympathy9768 11h ago

That is the side of the trade I am taking..the issue is there are very few safe havens.. because the dollar is devaluing as well. Additionally, this has yet to even hit the people living paycheck to paycheck with very little savings … wait till they start losing their jobs and can’t pay their rent or mortgage or truck payment or credit card payments… anyone without a minimum of one year emergency savings is going to be at high risk…(one year of emergency savings being you have enough money to cover all your bills and expenses for one year with ZERO income/cash flow coming in).