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Joined 2 years ago
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Cake day: July 27th, 2023

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  • I appreciate this. I think you have a better grasp on things but I was leaning toward not doing anything. In any case my portfolio is fairly conservative. Index funds and a retirement plan set to light risk setting iirc. Yeah, these motherfuckers care about their own money so I figured they were taking full advantage, incredibly illegally, but who will stop them? No one. I was considering moving some of my savings into my index funds because of the buy low sell high thing but I’m too spooked to change much.



  • I am guessing a lot of them will blame this on Biden, citing the normal truth that presidents usually don’t make immediately apparent noticeable impacts on the economy. It normally takes months or years for most policy to make a big difference. In this case, the tariffs are so stupid on their face that no honest person could deny they would have drastic effects. Compare stock market graphs to the timeline of trump announcements… but they will deny it and pretend this is business as usual, and because it’s only a month in, it’s obviously Biden. Nevermind that they would never normally believe that shit if it’s inconvenient to their case.