• Lets_Eat_Grandma@lemm.ee
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    3 months ago

    Well, it’s gonna crash… some day. That’s how the stock market works.

    Cult leaders make all kinds of predictions about some future doomsday event.

    • funkless_eck@sh.itjust.works
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      3 months ago

      I wonder which side of the political spectrum oversaw the most stock market crashes?

      1929: Coolidge, conservative Republican

      1987: Reagan, conservative Republican

      2001: Bush Jr, conservative Republican

      2008: Bush Jr, conservative Republican

      2020: Trump, conservative Republican

    • Thebeardedsinglemalt@lemmy.world
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      3 months ago

      Tbh it’s long due for a crash anyway. It’s propped up on an unsustainable model as is, and good returns are because a lot of companies are slashing workforce for the sake of bottom line. It’s bound to happen regardless.