Couldn't have happened to a better group of guillotine dodgers.
this post was submitted on 11 Mar 2025
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They don't care. Stock prices only matter when purchasing and when selling. The day to day up and down has no affect on their direct worth.
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Keep It going y’all
and the American retirees who depend on their savings lost trillions to these idiots. A majority of those retirees voted conservative, but I feel bad for the ones who didnt.
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The only solace to watching all my retirement and investments get cratered is the fact that the assholes that brought this all about are taking the bigger hit.
Just Covid economy 2.0 shifting more of everyones money into less hands, this way it can be Bidens fault it dropped and then Trumps when it regains
Not low enough. We can do better!
I'm sure they will be able to weather the storm. I bet they could find a way to get by on "only" a billion, let's say.
Toadying capitulators all
Damn that’s financially irresponsible. I’ve only lost a $20 since then
Billionaires remembering why they were supporting the covert right winger Democrats instead of the Republicans. Because a veneer of illusion is needed to keep their empire running.
Damn Globalists at it again huh? LMAO 🤣
Good. Since they drive their wealth from using the value of their stocks as leverage to get loans, having these stocks collapse will not only make their loans smaller (not sure by how much), but they will have to pay using more of their dividends than what they expected
In short, they will get less money and it will cost them more to pay it back.
As Kendrick Lamar would say “it’s not enough”
I'm sure they still have plenty of liquid assets to scoop up discounted stocks. Tax cuts will save conglomerates money, which they'll use for stock buybacks to inflate the worth of their stocks, which had already been picked up by the billionaires. This will reinflate their net worth.
Plus, and I don't know how or when this would be involved in the calculation of their net worth, but they're probably shorting stocks with insider info passed around Mar-a-Lago. Just a guess.
They'll be fine. The rest of us will continue to be screwed even harder. Fuck them billionaires.
They like the stock market going down, since it'll eventually go back up and meanwhile they still have billions available to buy up a lot more stock on the cheap while it's down.
proof they're not geniuses
Crazy how you can tell from looking at Zuckcuck's face that he doesn't have a soul.
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Hehehe