Even Fox News is worried about the stock market under Trump - eviltoast

Summary

Fox News openly blamed Donald Trump for Monday’s stock market crash, with the Dow dropping 890 points and the S&P 500 falling 2.7%.

The Dow is now 1,500 points below where it was when Trump took office. Analysts cite his chaotic messaging and steep tariffs on key trading partners as driving investor uncertainty.

Trump refused to predict a recession, calling it a “transition,” while his officials gave conflicting reassurances.

Treasury Secretary Scott Bessent warned of a “detox period,” further fueling market fears.

  • mean_bean279@lemmy.world
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    2 days ago

    My wife thought I was crazy, she might have been partially right, but during Covid when people stoked up on TP I was stocking up on ammo. I told her I didn’t trust the current admin (Trump) to actually do enough and worried about a devolving system. I feel it even more with Trump 2.0… I’ve been telling all my progressive friends to go to the range and arm themselves. Those guns are floating in the hands of a ton of MAGA-folk and I don’t trust them.

      • mean_bean279@lemmy.world
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        2 days ago

        That MAG have lots of guns? That I’m prepared to defend exactly what my constitution says? Or that I’m armed? Because all of them are things I would advertise. People need to learn that progressives/the left are armed too.

        • Fredselfish@lemmy.world
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          1 day ago

          Exactly shocked the fuck out of my brother a year ago when he saw me browsing a socialist gun sub reddit. He said in fear “socialist have guns?” I said fuck yeah we do. He thought only right wingers are armed.

          He also freaked when that guy in Florida driving a toyota prius shot that fucking red neck that was harassing him.

        • earphone843@sh.itjust.works
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          2 days ago

          That you’re stockpiling ammo. Trump is going to go after personal gun ownership at some point in the next 2 year.

          • mean_bean279@lemmy.world
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            1 day ago

            Outside of his bump stock ban that couldn’t be farther from an actual reality. There are many, many stupid things that man will do. Taking away guns is definitely not one of them. I’m all for pointing out the insanity of this administration, but we cannot become crazy conspiracy nuts like MAGA. Trump will ruin the economy and make it so people can’t afford guns, but take them away… not at all.

            • earphone843@sh.itjust.works
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              1 day ago

              Trump literally said, "“Take the guns first, go through due process second,” in his first term.

              Fascist authoritarian dictators usually don’t let private gun ownership exist.

              And at the very least they’ll try to take them away from liberals.

                • in4apenny@lemmy.dbzer0.com
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                  1 day ago

                  NRA? You mean the gun organization funded by the Russians? No doubt the Russians would want to keep an open flow of weapons to militias and extremist groups, like America did to the Middle East. Not only is it an effective way to destabilize things, but it creates a channel for arms dealers/manufacturers to make a fortune from the proxy-war hellscape that the country will descend into. What happened to the Middle East from circa 1970-present is what’s about to happen to the United States… From a model society to a bombed out ruins sprawling with militants.

                  But hey, at least a few people stand to profit. Not like Americans can’t see this coming and still have the ability to stop it…

        • Nightwingdragon@lemmy.world
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          1 day ago

          That MAG have lots of guns? That I’m prepared to defend exactly what my constitution says? Or that I’m armed? Because all of them are things I would advertise. People need to learn that progressives/the left are armed too.

          If it gets to the point where you actually have to use your guns in that manner, all you’re doing is advertising that you have a whole bunch of ammo and supplies for other people to steal. Thump your chest all you want, but you’ve gotta sleep sometime and if you’re going to advertise that you have a shitload of ammo available, someone’s gonna come to your house in the middle of the night when you’re least able to defend yourself and kill you to take it and everything else you own.

          Arm yourself to the teeth if you can and if that makes you feel better, but keep quiet about it. The best way to make sure nobody comes to try to take what you have is making sure that nobody knows you have it in the first place.

          • mean_bean279@lemmy.world
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            1 day ago

            My house isn’t intended to be a point of battle… I think you’re mistaking being prepared for something and talking about that preparation compared to building up full caches. Which I have no reason for. Look more to examples of Ukraine in the early parts of the war. That’s a rough idea of what I’d expect modern warefare/civil war. So having enough to fight off something potentially localized is important, but not the end. Being quiet on these matters is how we have ended up in this shit position.

            • Nightwingdragon@lemmy.world
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              24 hours ago

              My point stands. Whether it’s society breaking down and local citizens looting off of each other, or you’re worried about a Trump Gestapo coming for you doesn’t matter. If you advertise that you’re stocking up on ammo and supplies, and either other citizens or Trump’s thugs decide they want it, they’re going to come for it and you’re not going to be able to fight them off. You are not the Terminator. You are not Rambo. You are not a one-man-army.

              If you want to stock up on ammo, more power to you. Build up a cache like Schwarzenegger’s shed in Commando. But you are not Schwarzenegger. The best way to make sure that you still have that stuff if shit goes sideways is to make sure nobody else knows you have it. Otherwise, they’ll just barge in and thank you for building up a huge supply cache for them to take by putting a bullet in your head. Whether you’re worried about looting citizens or Trump’s thugs is irrelevant.

              • mean_bean279@lemmy.world
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                23 hours ago

                When the FUCK did I claim to be a one man army? Holy shit my dude. I simply said I’m trying to convince my other progressive/liberal friends to arm themselves and keeping myself armed. If I thought I was a one man army I wouldn’t be trying to get them to arm themselves. Your point doesn’t stand because it’s coming from an assumption that you’ve made not from truth

    • rayyy@lemmy.world
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      1 day ago

      Those MAGA-folk are going to be super mad when they lose their jobs and homes due to their dear leader’s fuck-ups. The blame game won’t work now that immigrants are leaving either. MAGAs are pretty dumb, but even they will begin to figure out who is causing their woes.