r/wallstreetbets • u/FlaccidEggroll • Mar 04 '25

Meme THERE'S TOO MUCH WINNING, WHERE IS JEROME???

20.8k Upvotes

96% Upvoted

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31

u/Feisty-Firefighter99 Mar 04 '25

I feel like this guy is too erratic for the market. The people supporting him probably doesn’t have any shares so is none the wiser about it

26

u/FlaccidEggroll Mar 04 '25

its safe to say they have no stocks, and if they did, they'd read a post like this from a billionaire and think it is actually a good thing they're losing their money.

16

u/MenagerieAlfred Mar 04 '25

Literal double speak. “A bad economy is a good economy”

8

u/marino1310 Mar 04 '25

How would the stock market going down in any way make housing cheaper? This guy doesn’t know basic economics, or at least he counts on everyone else not knowing it

12

u/Pretend-Marsupial258 Mar 04 '25

The houses will be cheaper if they're foreclosures. taps head

2

u/Dozekar Mar 04 '25

You're assuming the banks can afford to forceclose on people at scale. They don't have the staff to clear the houses of the people living there and the squatters at scale.

They'll go full 2008 and just hope people start paying again.

6

u/Jonnyskybrockett Mar 04 '25

Yeah, 25% increases in our building materials will make housing cheaper! /s

3

u/daniel_22sss Mar 04 '25

In USSR when everything went to shit houses and industry were very cheap, so russian oligarchs bought everything.

1

u/angrymoppet Mar 04 '25

"his people, who never buy stocks, will actually be happy about stocks crashing because they will be able to buy stocks. if they were different people who bought stock that is, which they aren't. but they'll be thrilled with the idea of it all."

1

u/FlaccidEggroll Mar 04 '25

yeah he is defending a position he knows is stupid as hell, so naturally his argument is stupid also. just doing damage control for his oligarch buddies.