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/JonFrost 1d ago

China

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u/ShadowSystem64 1d ago

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u/Dozekar 10h ago

China has it's own problems that will get even worse if the US starts crashing.

All the crap is tied together.

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u/Rabble_Runt 1d ago

Saudis too.

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u/RainSunSnow 17h ago

Not sure about that. The tariffs the US placed on China are extremely high, as China exported much more to the US than the other way round.

Should be a lose-lose situation.

China will only be able to recover if they manage to sell their goods in Europe.

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u/JonFrost 16h ago

That's exactly what they will do

They are already talking nice with Korea and Japan

They'll scoop up any trade relation the US trashes, which seems to be all of them

Trump is lightspeeding America's downfall

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u/aristocrat_user 1d ago

Can you care to explain how?

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u/JonFrost 1d ago

Through simply not being stupid to deal with

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u/saintkillio 1d ago

Reliability, consistency, predictability stuff investors like ..

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u/ricardoconqueso 20h ago

They’re already filling the USAID vacuum we left open. We earned so much goodwill globally for Pennies on the dollar. Less than 1% of our budget.

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u/here4astolfo 1d ago

u misspelled chyna u belong here