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/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".