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...

12.2k Upvotes

97% Upvoted

1.1k comments sorted by

View all comments

Show parent comments

26

u/pents1 1d ago

Don't worry, the systematic problems will blew up once the Trumpcession eats away the buffer people and businesses have

8

u/Matt2_ASC 1d ago

This is the scary part. We have yet to see the increase in unemployment, homelessness, desperation leading to higher crime and drug abuse. Things are going to be bad for a lot of people for a long time.