r/WallStreetbetsELITE 2d ago

MEME Tired of winning yet?

20.0k Upvotes

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u/RoyalChris 2d ago

YMCA - Your Market Crashed Again

117

u/Bored_Trout 2d 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

1

u/Ok-Sympathy9768 2d 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).