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SGBear's avatar

DBD Street Journal

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Oski Disciple's avatar

Hold on just a cotton-picking minute, shouldn't a Bear market be a good thing? What kind of topsy turvy world are we leaving in that a Bear something is not positive? On behalf of the University of California community I demand a name change.

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SGBear's avatar

It's Die Hard with a Vengence, except the Germans are doing it to themselves

https://www.yahoo.com/news/germany-considers-withdrawing-1-200-125058271.html

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heyalumnigo's avatar

haha...exactly what I was thinking.

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SGBear's avatar

Market futures down again. Looks like we'll all be a bit poorer today.

https://www.cnn.com/2025/04/06/business/stocks-futures-sunday-tariffs/index.html

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sycasey's avatar

This completely self-inflicted financial wound is just baffling.

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FiatSlug's avatar

Actually, I think that history will make it blindingly apparent that Trump inflicted tariffs on the American consumer out of personal greed and possibly as a self-preservation measure.

One theory is that if the dollar tanks, then crypto can gain strength and stability in world financial markets. This is highly risky as crypto is basically a Ponzi scheme. There's nothing to back crypto, such as the full faith and credit of the United States.

The self-preservation angle comes in with Trump's alleged subservience to Putin. Crypto is a tremendous avenue for money laundering. Criminal empires need money laundering to survive.

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O.Overall's avatar

I think he wants a show of being tough and thinks he will win some kind of pissing contest. It is stupid, but people voted for stupid so here we are

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FiatSlug's avatar

Indeed, something like 77.3 million voters voted for stupid ish to own the libs.

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