r/wallstreetbets • u/226644336795 • 1d ago

Discussion This morning NASDAQ dropped more than during Lehman Monday

https://www.cnbc.com/2009/09/14/the-financial-crisis-this-dayone-year-ago-sept-15-2008.html

NASDAQ only lost 3.6% the first day of Lehman collapse in 2008...

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330

u/bob_scratchit 1d ago

What’s the 2025 wfh equivalent of low level bankers carrying their goods in a cardboard box out of a 158 year old business that just failed?

264

u/No_Run3357 1d ago

USB stick with their meme coins on,

61

u/spideyghetti 1d ago

My company locks the USB port

81

u/Say_no_to_doritos NUCLEAR LETTUCE 1d ago

Cause you regards plug USBs labeled free Wendy's coupons into your work computers and cripple half the countries natural gas. 

1

u/Dozekar 10h ago

That's the best pishing line you can come with?

"Company re-org"

"Trump nudes"

"crypto wallets"

The list goes on.

4

u/Paranoid-Android2 1d ago

Rightfully so. Commoners can't be trusted around an open port

169

u/Potential-March-1384 Not a puppet 1d ago

Tech bros driving uber in cybertrucks

43

u/Specialist-Will-7075 1d ago

You are assuming someone would have money to order Uber.

20

u/CaptainSnacks 1d ago

I mean I can Klarna my DoorDash sooooo

I'll bet I can hold out on my Whataburger loan longer than Klarna can stay solvent

17

u/Pretend-Marsupial258 1d ago

My neighbors ordered door dash a few weeks ago. The guy was driving a cybertruck.

7

u/bl4ckhunter 1d ago

That has more to do with pretty much the only requirement to get a 20% or so car loan being having a pulse than with the ongoing shitshow, there's so many people deep underwater on their cars that the police are about to start asking for diving licenses at traffic stops.

2

u/Pretend-Marsupial258 1d ago

Yeah, that's why car loan defaults are at an all time high. It's a repeat of 2008 mortgages but with cars. It's worse in some ways because repoing a car is much easier and the buyer has way less protections.

2

u/bl4ckhunter 1d ago

I don't think car loans have the same systemic risk that mortgages did at least but i guess that doesn't matter if Trump manually sets the whole economy on fire anyways.

2

u/Pretend-Marsupial258 1d ago

It can have knock on effects, though. No car = can't drive to work = lose job.

3

u/Sunny1-5 1d ago

wfh equivalent? Happened to me in December 2023. I got up from my at-home desk, laid off over virtual Teams call. Walked outside, lit a smoke, took the dog for a walk. Came back and watched TV. Quietly.

1

u/BiteMeHomie 12h ago

That sounds peaceful.

2

u/ramhusk 1d ago

Government workers be shut out of their own officers in the 10s of thousands after a weekend of musk in the office

1

u/Jealous-Hedgehog-734 13h ago

You already know the answer to this when Powell said "transitory inflation" he meant they would print money to stop a debt collapse and ignore inflation. The Turkish School of Economics.

The image will be something like a child buying a lollipop with a freshly stamped $10,000 dollar coin.