r/WallStreetbetsELITE 1d ago

Loss Fuck. We are doomed

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656 Upvotes

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249

u/prolificbreather 1d ago

Still plenty of cliff left to fall off.

14

u/Morepork69 1d ago

There is. I keep watching analysts on tv talk about how it could change if the tariffs are just leverage to get improved trade deals. I think they are missing an important part of the picture. This administration broke the trust, that will not instantly be reversed even if all the tariffs were dropped tomorrow. We are looking at generational damage already as a best case scenario IMO.

12

u/One-Employment3759 1d ago

Yes, it's not just tariffs, it's the end of the US as a trustworthy place for the world's assets.

4

u/JackryanUS 23h ago

That's it right there.

1

u/KeithCGlynn 15h ago

If you guys impeached him and arrested him for his crime, it would restore confidence overnight. Maybe it can't be done until after the midterms but there is a possible fix.