r/stocks • u/Chrissylumpy21 • 2d ago

Crystal Ball Post Is Black Monday Incoming?

So much fear in the markets and this time really feels different. All the Mag7 stocks are so hit by the tariffs our iPhones will probably cost $5,000 soon and as the world slows, people will use Amazon less, advertise less on FB/IG. No one is buying Tesla anymore. Who needs anymore AI chips, yet AI is decreasing Google searches.

I fear the world is realizing it all this weekend. Or is it just me that sky appears to be falling?

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u/Dr-McLuvin 2d ago

Do you really think that’s possible? That’s what the world needs now is a social media company separated from the US economy.

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u/Practically_Hip 2d ago

What the world needs now is another folk singer.

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u/ILoveMyDR 2d ago

Like La la la la la la la la la

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u/Tooz75 2d ago

Like I need another hole in my head.

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u/westofthe101 2d ago

Cracker Rocks!

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u/SuperFlyAlltheTime 2d ago

I'm all for Neil Young 2.0 but he is Canadian and will get tariffs too

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u/ToddPundley 2d ago

Think I’ll go and find a place …… to be surly

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u/[deleted] 2d ago

Well, my opinion is that unregulated free speech is a bad idea in practice. Somewhere between Europe and Singapore seems about right to me. There is an expectation that you can back up what you're saying, particularly in Singapore, that doesn't really exist in the US.

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u/jt1966thomas 2d ago

It certainly does not exist in Reddit!

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u/esmifra 2d ago edited 2d ago

It does on some subreddits. And before free speech absolutists were a thing it worked well. Heck, it even works today.

Subreddits have rules, you have to comply with those rules. Some are more strict like askhistorians or science and they, for the most part, work well.

It even works well on Facebook and Twitter and the like. Everything that's illegal like underage exposure, live sex, suicides and other forms of really violent content is quickly identified and removed. And it works well. Don't let them make you believe they couldn't remove many of the bots, harmful posts and outright misinformation. They could, they just don't want to.

With the current state of AI content moderation should become trivial, if there's a will.

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u/jt1966thomas 1d ago

Of course absolute free speech is not a right. Yes, illegal activity should be monitored and removed. However, when you say that "misinformation" must be deleted, you are on an incredibly slippery slope. "Misinformation" is about the most subjective ambiguous word that exists in today's political climate.

I will agree with you so long as I get to determine what is misinformation. Sound like a deal?

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u/esmifra 1d ago edited 1d ago

Misinformation is not subjective. Some lies are blatantly obvious, and it's not about deleting, again look at r/science and r/askhistorians, if you state something you got to back it up with articles. Those articles can say anything regardless of political inclination.

The problem is that some people with only political intentions start using social media to spread misinformation and doubt and chaos for political gain.

That misinformation should be at least contextualized or be demanded legitimate sources to back them up in order to prevent the spread of lies that benefit politically someone very specific.

We got at this point because twitter, Facebook and even fox news willingly spread misinformation and lies. So pretending that somehow that's simply ok to ignore is a one way to eventual disaster or even loss of free speech, because as we've seen with trump he has no problems attacking free speech. And his party is the one that benefits the most for misinformation.

If I claim climate change is a hoax I should have to back that up, if not my claim should be contextualised that the vast majority of climatologists that study it disagree and it's a scientific fact that climate change is real.

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u/This_Possession8867 2d ago

Live in Singapore. You drink a soda on train the fine is extreme. Fines for everything imaginable. I would guess you fart wrongly it’s a fine. Someone panic stricken warned me to hide my soda can while the whole train load of people starred at me as if I was knifing a baby.

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u/[deleted] 2d ago

I did say somewhere between Europe and Singapore.

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u/stoniey84 2d ago

Tik tok...

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u/stoniey84 2d ago

Tik tok...?

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u/zdiddy987 2d ago

Like Tik Tok? The most popular social media app currently available?