this post was submitted on 07 Apr 2025
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Leopards Ate My Face

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  1. Billionaire Koch votes for dangerous narcissistic clown with terrible business sense
  2. Clown is elected so Billionaire Koch gets clown using terrible business sense to wreck global economy
  3. As a result, billionaire Koch loses a butt ton of money in the stock market
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[–] Ledivin@lemmy.world 97 points 1 week ago (4 children)

Casual reminder: the billionaires haven't lost jack shit. Virtually all of their losses are unrealized, usually in the form of stock. Once everything is finally at rock bottom, they will buy up everything they can (which will still be a lot), values will eventually rebound, and they will have lost nearly nothing while seeing massive gains.

[–] toy_boat_toy_boat@lemmy.world 23 points 1 week ago

i really, really wish that more people could see this

[–] homesweethomeMrL@lemmy.world 19 points 1 week ago

Yeah this is just to choke out the middle class finally and pick up some assets for cheap.

[–] Catoblepas@lemmy.blahaj.zone 9 points 1 week ago

There are so many vultures waiting to feast on corpses. Stock brokers make out like bandits during crashes, wouldn’t surprise me if something similar goes on with real estate.

[–] answersplease77@lemmy.world 8 points 1 week ago* (last edited 1 week ago)

So many senator insiders shorted their stocks and sold before the tarriffs. MTG was just exposed to be among those who did so