The places in the U.S. with the most hungry children are rural areas in blood red MAGA states. It’s a disgrace.
Many of us who work for private employers or run businesses know the score already, and it ain’t pretty from where we are sitting I can tell you that.
Budgets and investments will be stalled across the world while bean counters look at how they shave costs.
Bankruptcy and employment lawyers have good times ahead.
The first 3 are all all aimed at children, section 8 wait lists are often years long (if the list is even open to get on), and Medicaid has some super, super, super low income requirements, so yea, it’s rough if you need are down on those brackets, no hyperbole.
I expect this market dump to exacerbate the wealth divide, like in other recent big dumps. Those with fewer assets are more likely to need to pull money out at bad times, leading to the rich being able to buy at a discount.
The problem for the next generation is the increased likelihood of recession, which will make it extra tough for those starting out and leave them years behind.
Yep. Gotta be one of the biggest economic own goals. ever.
Not only the rich. But mostly the rich.
The top 1% own 54% of US equities (2024), up from 40% just in 2002. That happens partly because of downturns (like now!) where small investors need to get out of get spooked out.
The top 10% own 93%. The bottom 50% own 1%.
Na, that bottom 50% have been sat on cash just waiting for a good opportunity to buy in. They can probably leverage all their assets to get some sweet loans too. This is surely going to sort out wealth inequality!
Out of work English teachers selling some lightly used spoons in 3,2,1…
This, and:
Gotta crack a few eggs to make a cake! Count yourself #blessed if you are an egg.
Trump is your fren.
Didnt you write you are sitting on sio much cash that your cash is worth more than all our assetts? Monday could be the time to buy back in.
I’m not sure, could you tell me after you have examined all my accounts ?
Is this a drive by red herring?
Inner city blues states aren’t all that better— despite the layers of “help.”
But what’s your point? Just throw that out there?
And I’d love to see that backed up with a link. 
Anyway, I’m back and listening to this now.
Why is this happening? In a word?
China. 
Well, you think if people get in now they’d be at a wealth parity? That seems silly.
Recessions come and go.
So? Maybe the problem is comparison. Equity of opportunity seems to be what I’m going with here, not equity of outcome.
-Market lost over 11 trillion and still bleeding
-biggest two day wipeout in history 
-US soft power in absolute shambles
-trying to shake down the world collectively like some sort of dystopian mob boss
-boomerfantasy.tiff
“Don’t worry guuuys it’s fIiIiIiNe!” 
^ fentanyl-tier copium
Interesting to note that the Fox News massive splash page has basically nothing about the stock market. Whereas even the NYPost is covering it.
It’s the economy, stupid!
*Unless daddy decrees it isn’t relevant anymore, that is. 
Nothing to see here!
The AI thread summary doesn’t work and I didn’t read the last 400 or so posts, so this might be a bit off topic.
Somehow every time I go on a nice vacation and don’t check internet news, the stock market has a major meltdown. Same thing happened at the start of Covid.
In any case, the stock market tends to recover. Just a matter of whether it takes weeks, months or years.
I’ve given up trying to time and/or beat the market decades ago and reverted to an autopilot strategy of putting a bit more cash every month into index funds.