Comment on Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

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The_v@lemmy.world ⁨1⁩ ⁨week⁩ ago

I am thinking we haven’t seen anything yet on this one. This one could decrease the total value on the exchanges by 75% or better.

If the orange cheeto doesn’t reverse course, massive layoffs will begin in 2-3 months as companies run out of cash.

The great depression was so deep and long because they thought tariffs would help them get out of it. Surprise, it didn’t work.

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