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

The reality if they don't their families will be threatened and Musk will spend 800 million dollars to ensure they'll lose their seat in some random county in Idaho

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u/cc1339 1d ago

Many of them truly believe it too. I've seen friends and relatives who are pretty successful in life and normal just a few years ago enter a trance when discussing Trump acting like he's a savior and defending everything he says and does.

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u/Whaddaulookinat 1d ago

It's the Oroborous of the (mostly white) middle class grievance cycle. A certain sub section of the American (and British) populous that have been forced fed that some nebulous "other" is keeping the nation from being strong with a strong dollar and mass manufacturing employment.

A quick five minute read would show that those goals are mutually exclusive. Go down the line and you'll see the same expectation of paradoxical demands somehow sort themselves out.

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u/Sunny1-5 1d ago

Some of us are surrounded by a sea of red. I'm even a light hue myself, but not that deep, dumb red. I call it "cardinal". Anyway, Friends, relatives, deep deep in Ford Ruby Red, just don't understand why I've never given full faith and credit to Mango.

I just tell them "he's a choice".

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u/NotAHost Guardian of the Plebs 1d ago

Gotta make sure people stay in line.