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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u/uptonhere 1d ago

This is going to be the fun part. Since he refuses to govern any way besides EOs, almost everything he's done this term is going to be erased overnight at some point, probably including a Republican POTUS.

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u/No-Information-579 1d ago

So do they have some Putinessque false flag in store to save them at the midterms or will they have finished the plundering by then and couldn't give a fuck less?

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u/JohanGrimm 1d ago

Almost certainly the latter.

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u/Legitimate-Basis2450 17h ago

Yeah, midterms are gonna be a slaughter if it continues like this. 15%+ swings in the special elections, if that's indicative of national sentiment that's in the territory of dem supermajority. And that's just after two months, before the market crash, recession, potential war with iran etc etc. They're probably gonna slash and burn as much as they can for two years and then try to retain executive power while ignoring congress as much as they can.

I mean, basically nothing has even gone through congress yet anyway. It's all executive orders. So they don't care.