Print

Please login or register.
1 Hour 1 Day 1 Week 1 Month Forever
Login with username, password and session length

[Loud Whispers]

All I know is 100 years ago you could buy a house with ten bars of gold, today you can buy a house with ten bars of gold

[Bralbaard]

I don't know anything about gold either, except that it is very shiny.

But knowing much about these things is not important anymore. Trump's liberation day makes it clear economic decisions no longer need to be based on any kind of economic knowledge or experience.
You can just pull some numbers from out your ass, and use it to completely upend the economic system, and hope for the best.

It will be a golden age (pun intended) for us armchair economists. 

[Loud Whispers]

How I learned to stop fearing and love the tariff. All my homies tarriff uninhabited islands

[Bralbaard]

Yes I don't understand what is going on, but it seems Trump has shot himself in both his feet and is asking us not to retaliate.

[martinuzz]

Apple down 8%, NVidia down 5%, Tesla down another 3,5%.
Nasdaq in total down 4,7% today. That is worse that the hit the AEX took in Amsterdam, at minus 2%.

[Strongpoint]

Oil gong -7% in a day is something I haven't seen since COVID.

In fact, almost EVERYTHING is red.

But it may be a mere short-term panic and we'll see a rebound in a few days. People (and Media) tend to pay too much attention to daily changes