just_another_person@lemmy.worldBanned to politics @lemmy.world · 1 year agoRisk of ‘Trumpcession’ rising, economists say, as global markets fallwww.theguardian.comexternal-linkmessage-square109linkfedilinkarrow-up1788arrow-down10
arrow-up1788arrow-down1external-linkRisk of ‘Trumpcession’ rising, economists say, as global markets fallwww.theguardian.comjust_another_person@lemmy.worldBanned to politics @lemmy.world · 1 year agomessage-square109linkfedilink
minus-squareLastYearsIrritant@sopuli.xyzlinkfedilinkEnglisharrow-up2·1 year agoEvery dip is “uncharted territory” The COVID quarantine was uncharted. The 2008 financial crisis was uncharted. The 1999 tech bubble was uncharted. To the market, today’s just another Tuesday.
minus-squarerocket_dragon@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up7·1 year agoSo there’s a failsafe for these kinds of crises called “government”. What’s currently uncharted is that we are dismantling the failsafe. If you think any of those are in any way comparable to what’s happening now, you aren’t paying enough attention.
Every dip is “uncharted territory”
The COVID quarantine was uncharted.
The 2008 financial crisis was uncharted.
The 1999 tech bubble was uncharted.
To the market, today’s just another Tuesday.
So there’s a failsafe for these kinds of crises called “government”.
What’s currently uncharted is that we are dismantling the failsafe.
If you think any of those are in any way comparable to what’s happening now, you aren’t paying enough attention.