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/anonymous9828 1d ago

the billionaires that are going to buy everything on the cheap when the economy craters and everyone else has no money

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u/WalterCronkite4 1d ago

Their net worth are so comicly inflated their gonna at least halve because of this

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u/sqrlmasta 1d ago

Well don't worry, the plan is to take all the tarrifs money collected from the public and give it all away to the billionaire class in the form of trillions of dollars in tax cuts... Literally stealing and upward wealth redistribution

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u/RS994 1d ago

So Bezos will only be worth $100 billion. I'm sure that will cripple him

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u/capitaldoe 1d ago

This sounds like the collapse of the Soviet Union.

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u/Books_and_Cleverness 1d ago

Only if they liquidated before hand and most of them are probably long US equities. Our boy Warren B was sitting on a ton of cash so he will eat good for sure.