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As markets melt down, Trump touts $5m gold card for wealthy immigrants (featuring his face)
(www.independent.co.uk)
this post was submitted on 04 Apr 2025
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Which market meltdown?
?
Yep. There's this strategy called "pump and dump." It's often used by the wealthy to inflate stock prices before cratering them to buy at discount.
Idiots like you see line go up for a while, and think:
Instead of noticing the "pump" part of the scheme, also visible in your image.
Unless you want to point to some economic windfall happening between 2022 and 24 that explains all that growth, it is very likely from downsizing, buybacks, and off market darkpool price manipulation. (Which now happens regularly these days with every blue chip stock around 5pm).
Historically, Tariffs lead to a recession in 1830 (15% Tariffs), a Depression in 1930 (20% Tariffs), and now with a 40% plus Tariffs on basically everything, we are likely to see the complete disembowlment of the US Dollar and all the market dominance we built with it.
You better get your completely misplaced premature celebration out now, because you are going to be eating crow the rest of this year, and far into the future. There's no amount of bullshit Trump spin that will bring our markets back. We are unquestionably fucked.
I will gladly check back here in 8 months to provide an updated chart, seeing as you will certainly be too embarrassed to do so.
Here I am posting a joke, and you gotta be an ass and not even understand what I posted. We’re literally saying the same thing.
That certainly wasn't clear.
Maybe not. But it’s a literal picture of the stock market melting down.
Either way, if it’s not clear, maybe people should err on the side of not being a dick to a stranger on the internet.
...from a time frame of 2021 and on.
Which implies the growth from that time until now is somewhat meaningful in comparison to the dip that specific time frame does its best to minimize.
Which to me, seems intentional. Kinda like you're being a dick. Which is why I responded like one in turn.
If that was all an accident:
Then apologies for calling you an idiot and listing in detail all the ways I agree with you about the market melting.
I accept your apology. I honesty just wanted to keep all the growth from Biden. But I circled the meltdown.
Also true