• Lukas Murch
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      015 days ago

      We were in the beginning stages of a recession Sept 2019, before COVID hit, and the Trumpster is doing the same shit now, so…

    • @[email protected]
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      015 days ago

      If it hasn’t yet it’s about to. 1-5% daily drops across the stock market for the past month pretty much and now with a 10%+ minimum tariff on all imports means everything is going to get way more expensive. I’ll chew a brick if we’re not in a recession by the end of the year

      • @[email protected]
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        015 days ago

        That brick might be your only source of essential minerals and nutrients by the end of this year. You’ll need to learn how to go without, and make that single brick last until 2028. Also, you’ll need to work 80hrs a week to afford it.

      • @[email protected]
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        015 days ago

        At that point, is it a recession or should we just call the 2020s: depression part 2 AI boogaloo?

      • @[email protected]
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        015 days ago

        At this point I’m just ignoring my 401k and hoping time in the market makes up for this fuckery…

        • @[email protected]
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          015 days ago

          Just keep contributing the same amount if you can. Best case scenario you are buying low and it will go up a lot in the future, worst case is money is not worth anything so it doesn’t matter anyway. Unless you are retiring in like, 5 years, then you might be fucked.

          • @[email protected]
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            015 days ago

            Yeah, this is pretty much where I am right now. And no, I’ve still got 2-3 more ‘once in a lifetime recessions’ to live through before I retire, which is why I’m ignoring it. That’s future spooky’s problem.