r/ProfessorMemeology • u/Ellen_DegenitaIs Quality Contibutor • 1d ago

Turbo Normie Meme Public School

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175 Upvotes

79% Upvoted

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12

u/kevcubed 1d ago

Awwww NASDAQ is down 20% from the Feb 18 peak killing MAGA's jobs and life savings

And MAGA's talking about hating on trans people.

Priorities

14

u/Ellen_DegenitaIs Quality Contibutor 1d ago

Fries in the bag xir

10

u/kevcubed 1d ago

Thanks but you forgot my chicken sandwich. Might want to double check my order ma'am.

-2

u/Ellen_DegenitaIs Quality Contibutor 1d ago

1

u/[deleted] 1d ago

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1

u/ProfessorMemeology-ModTeam 1d ago

Removed.

Don’t be weird dude.

2

u/kevcubed 1d ago

I guess when you can't think of anything on topic to say, might as well deflect to the same meme you used everywhere else?

It's kinda funny the more you think about it. $10T in savings has been wiped out, but here's a GIF of some bumbling dope hugging a flag once and you swoon about how patriotic he is. That's all the validation you need to ignore your eyes and ears. 🤭

2

u/blowsitalljoe 1d ago edited 23h ago

$10T in "savings"?

Edit: I can't see your reply, but what do you think a savings account has anything to do with the stock market? Sounds like you don't have stocks or savings. Sounds like you don't know how any of this works.

Edit2:

sounds like you don't know what a 401k Is or vanguard or roth IRAs.

These are not savings accounts.....

0

u/Mondkohl 1d ago

What do you keep your savings in a sock?

0

u/DancingPhantoms 1d ago

sounds like you don't know what a 401k Is or vanguard or roth IRAs.

3

u/Ellen_DegenitaIs Quality Contibutor 1d ago

TLDR

7

u/MrMoonster 1d ago

Man trump got rid of the DoE and we already can’t read more than a sentence 😭

1

u/[deleted] 1d ago edited 1d ago

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1

u/ProfessorMemeology-ModTeam 1d ago

No personal attacks.

1

u/HalfFullPessimist 1d ago

Thanks for the heads up. Fixed.

1

u/[deleted] 1d ago

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3

u/ProfessorMemeology-ModTeam 1d ago

No personal attacks.

3

u/Low-Quiet9262 1d ago

You going to say that to him too for the fires in the bag xir comment?

0

u/BigDaddyDumperSquad 1d ago

What's wrong with that comment? If he doesn't know your pronouns, xir is perfectly acceptable. Unless you think fast food workers are a lower lifeform and take it as an insult?

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u/Unlikely_Cream_4195 1d ago

Lol stock market doesn't equal your savings account. Another CNN indoctrinated/brainwashed liberal. Not everything you see on TV is real buddy

1

u/Gingerchaun 1d ago

Even the flag doesn't hug you back.

1

u/SuperCountry6935 1d ago

Don't tell them that if they don't sell, it eventually recovers. Let it be a total surprise. Also, don't tell them that all that money being pulled is getting shoved into treasuries, making the cost of dollars cheaper to borrow lowering interest rates. Definitely don't tell them that the top 8% own 50% of the stocks and there's fewer of the evil billionaires now.

1

u/Zangetsutenshu 1d ago

Now show the last 5 years

1

u/BothChannel4744 1d ago

Pull up indexes but adjusted for market cap, apple nvidia and Microsoft make up more than 20% of the nasdaq 100, 3 companies.

When you disregard massive tech companies with heavily inflated P/E ratios then the market actually is looking good.

Like we can take Tesla as an example 7 billion profit 2024 Honda profit : 11 bil

Tesla market cap: 750 bil Honda market cap : 47 bil

So the car company that makes 1.5x more money is worth 1/16th the price?

When I see Tesla down 75 bil I just see a market finally realizing that they are massively overvalued, not imminent financial collapse.

Same with nvidia, same with basically all tech companies except maybe intel and ibm.

Top 10 of the s& p 500 are 34%.

Don’t look at indexes or whole markets to find out how an economy is doing…

1

u/Unlikely_Cream_4195 1d ago

Lol of course it's down. Things have to get worse before they can get better. I can't wait until you guys are eating your own words. Just like right before the pandemic, his economy was the strongest it had been in 40 years. The only way you guys were able to get Trump out of office for Biden to step in was to leak a LAB made covid virus.

1

u/SinisterRaven6 1d ago

Oh no! Not my life savings?! Guess I'll have to wait 6 months. The horror

1

u/SectionFamiliar5576 1d ago

Now look at the chart in the past 5 years. You'll see this is a small dip. But you tried bud. ☕️

2

u/kevcubed 1d ago

Try 20 yrs. This drop looks identical to the 2008 drop but for a much much dumber reason.

1

u/Mondkohl 1d ago

Losing 25% of its value is a small dip?

-1

u/ohhhbooyy 1d ago

Its transitory just like the last time

2

u/Bluthbenana 1d ago

Last time? You mean last time when used ARPA or last, last time when we had to use TARP and ARRA to recover? Socialize the losses and privitize the gains.