this post was submitted on 05 Aug 2024
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United States | News & Politics

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S&P 500: Almost $2 Trillion Wiped Out as Market Opens (watcher.guru)
submitted 2 years ago by yogthos@lemmy.ml to c/usa@lemmy.ml
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[–] JoMiran@lemmy.ml 11 points 2 years ago (1 children)

$2 trillion did not get wiped out. People sold high and left everyone else holding the bag. This is a casino.

[–] yogthos@lemmy.ml 2 points 2 years ago

good point

[–] frauddogg@lemmygrad.ml 9 points 2 years ago

Ah, I see the capitalists are delivering their bi-yearly s/ threat to the Federal Reserve today.

[–] yogthos@lemmy.ml 6 points 2 years ago

@pingveno@lemmy.ml best economy ever am I right?

[–] PanArab@lemmy.ml 3 points 2 years ago

This must be my day. Lots of good news to wake up to.