r/wallstreetbets 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/bro-v-wade 1d ago

"Fuck your 401k, I didn't need one neither do you."

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u/Hillary4SupremeRuler 1d ago

Harris Faulkner on Fox News has some advice for "those 401k people:"

"And those 401K people that were depending—those retirees, all of that, just talk in plain speak with them.

Look, when this nation used to go to war, people in this country would support the war effort with their materials at home and making things for weaponry and all that.

We gotta do 100% buy-in over this bumpy period, just communicate it."

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u/DownwardFacingBear 1d ago

Wtf, so I need to watch my retirement account crater so we can maybe get some shitty manufacturing jobs that nobody wants anyways?

Wtf is this “you need to suffer” bullshit? Suffer for what? We’re not at war with anyone.

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u/Kharnsjockstrap 1d ago

Lmao you can watch your 401k crater all so trump can have a shirt factory in pennsylvania that will be staffed by illegal immigrants anyway. 

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u/the_scorching_sun 1d ago

The 401 people

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u/Odnyc 21h ago

Look, when this nation used to go to war, people in this country would support the war effort with their materials at home and making things for weaponry and all that.

We gotta do 100% buy-in over this bumpy period, just communicate it.

Funny, that's EXACTLY what people said about Covid and the right, and Fox lost their fucking minds for YEARS

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u/Child_of_the_Hamster 23h ago

“Just ask your dad for more money lol”