I never understood the "Trump is crashing the market to make you rich!" schizo theory

momma's dying, please big daddy government, provide everything for me.

no

Ok so are you suggesting it's less or more? Because I won't believe you if you say they have more than $200

The average zoomer is probably broke. A financially conscious zoomer might save 30-40% of their income, so let's say 2k a month. That is still nothing when your average house that a boomer bought for 20k costs 500k today LOL

Zoomers have been served a dogshit economy and are wageslaves compared to boomers

The average EMPLOYED zoomer. There are a shitton that are unemployed or underemployed.

millennials like myself was told to go into debt for a business degree and my life will be good, we graduated during the housing bubble or enter the job market, we never had job security.

instead i turned into a neet around 30 and cant get hired again

500k today LOL

all the houses here are being bought by foreigners in america, i drive by open houses all the time.

way less. who the fuck zoomer do you think is consciously saving 200 a month then deciding to invest it instead of blowing it on food/vapes/drugs/clothes? delusional.

Same in Australia. The government has sold out thr young in favour of the old. Barely anyone having kids these days, not because they don't want to but because it's insanely unaffordable. Everyone is going to be Indian in 50 years

Will purposefully crashing the economy and creating a recession help fast food workers and janitors? Gee I don't know anon, maybe it will.
Or do you mean raising tariffs by 1000% based on the economic policy of mercantilism from the 1500 will usher in an age of prosperity and wealth? Maybe!

The average zoomer waging his life away probably has $200 to invest a month. No combination of stocks, alt coins, BTC or meme coins is going to make you rich investing $200 a month.

Yes, exactly. So by not investing or not being able to invest and just working your 9-5 job and putting money away in the bank, your purchasing power will increase because a tanking stock market causes deflation and prices for goods and services to go down. Meaning your money you earn at your job will have more purchasing power and you can once again afford to do things like go out to eat, buy high quality groceries, go see a movie, go out for drinks, etc without breaking the bank. And maybe one day you might even be able to afford a home too. The only people hurt by a stock market crash are the greedy Boomers with their 401ks and degenerate gambling addicts who bet everything 0dte options.

Whether it will work or not is up for debate

Read that part again, you dumb fuck

And even then, how long does he plan to crash the market for? Chances are people in their 30s who wanted to invest already have years of progress down the shitter, and people in their early 20s have insignificant salaries compared to the rest of their lives and won't be able to buy jack shit.

A massive recession will let you have more purchasing power

Anon stop being delusional. Any deflation will be vastly offset by the massive layoffs and difficulty of getting a job.
The orange cheeto is just retarded, there aren't any more 4D chess explanations.

What's it like having an IQ of 80 or less?

i think all english countries have it worse than america, no one is having kids around our age except the extreme religious, and its barely 2 kids.

Chances are people in their 30s who wanted to invest already have years of progress down the shitter, and people in their early 20s have insignificant salaries compared to the rest of their lives and won't be able to buy jack shit.

This has been the case for over a decade

Stock market is a separate economy from the real market. Or is game stop really worth however much?

A recession is a temporary correction back to sane valuations (and a much needed one at this point), where as inflation and hyperinflation can permanently destroy entire economies, root out the middle class and more often than not even causes political revolutions. It's obvious which is the worst of two evils, you can sweep it under the rug for now, but eventually its going to catch up to you.

A recession is a slowdown of the real economy, yes. A stock market crash is not a recession, it's a stock market crash. They often happen one after the other but they're different things.

Except Trump has hinted that the whole reason he's doing this is he wants the Fed to run the money printers 24/7 so it can happen again.
Maybe there are better ways to reduce froth than imposing massive tariffs, like, I don't know... Maybe pushing toward going back to the gold standard or beefing up the SEC to prevent massive amounts of market manipulation? Oh wait... He had to take apart that agency so he could get away with using his public office to gift the American public with his own worthless memecoin.

It's called cope. They are working from the conclusion that Trump actually cares about them, is trying to help them, and is a genius. As such they will justify any of his actions as somehow working to that end.

You’re dumb or young. The reason the price of everything drops is because there are mass layoffs left and right. Were yoy around for the GFC? People won’t have money to buy even at cheap prices.

“ I remember it clearly. My cousin picked up a 2001 Porsche Boxster for $6,200 cash in 2010 — less than what most people were paying for a used Civic at the time. He was 19, working weekends at Best Buy, and still living at home. The car wasn't wrecked or anything — just unloved in a market where no one had spare cash, and the banks weren't lending to anyone.
Back then, everyone was liquidating.
People were losing jobs, homes, businesses - everything. Credit was frozen. There were no crypto gains to fall back on, no COVID-tier free for all stimulus, and no central bank safety net for individuals. Sure, the Fed cut rates, but that didn't matter when lenders weren't handing out loans.
Used cars — even really good ones — just weren't selling. The market got sports cars at rock-bottom prices. A decent early Boxster for $5-7K? Totally normal. You could scroll Craigslist and see dozens sitting there, unsold. Same thing with BMW E46s, old SLKs, even some 350Zs.
Forums back then were wild. High schoolers and broke college kids were posting "Should I get a Boxster or a Civic?" threads — and nobody laughed.
Maintenance and insurance were still a reality, sure, but the sticker price was so low it pulled people in.
It was a rare window where assets got dumped not because they weren't good, but because everyone was broke and needed cash fast. Looking back, it felt like the last time you could stumble into a dream car just because the world was falling apart.”

We are so fucked holy fuck. I'm barely holding onto my job which is being outsourced to jeets at a faster rate every day. I doubt I'll be able to find a new job in what's coming

As someone who is sitting on a mountain of cash and responsibly saved money over the years, this sounds absolutely incredible.

I don't think you understand the malicious hatred of these people who are all too happy to cut off their nose to spite their face.

Yeah if you have cash and can weather it, a recession is great.

The gfc last about 5 years based on charts.

No combination of stocks, alt coins, BTC or meme coins is going to make you rich investing $200 a month.

BTC a decade ago would've

If you were a tech savvy elder millineilal with a job sure.
But no alt coin is shooting past $10k

No combination of stocks, alt coins, BTC or meme coins is going to make you rich investing $200 a month

Some guy turned $16 into $3 million in ~2 weeks with Peanut the Squirrel shitcoin.

the only millennials doing well either live in cheap states and got into trades, had rich or well of families or is a genius with good luck

t. genius with bad luck

oh i forgot, and most importantly have an iq around 110 or less

young people in india aren't having kids either?

why didn't they just give us free shit instead of tariffs

Because the country can't afford to give out free shit anymore. We used to be so rich, but all the money was wasted building up the third world when it could have been given to Americans. But now the money is all gone and we're deeply in debt. So the president gave us tariffs which is even better. This will bring wealth and opportunity back to America making you richer and happier than universal basic neetbux would have. Start learning the skills now that you will need to land one of the good jobs that are about to come roaring back.

No indians are having lots of kids. As countries living standards improve so does the cost of having children, as such low living standard countries like Africa and India have lots of children.

If you got to upper class Mumbai districts I bet you the birth rate is below replacement

one of the good jobs that are about to come roaring back.

Yeah I can't wait to be on the nike shoe stitching line

>universal basic income

>universal basic services

>federal rent control

>federal jobs guarantee

So horrible economy destroying policies that will make them poorer?

given some relief

MIGAtards deserve death

Cope. They could benefit pretty much everybody from taxing the 0.01% mega rich who have mostly gotten there by freeloading off the working and middle class. Instead he's gonna take the ball and go home.
Everybody is going to lose besides the ones getting inside info to sell before the retard in charge shitposts on twitter.

Instead of giving you free shit they are going to steal from you every time you need an import and crash all asset prices so the Fed has an excuse to turn on the money printer and steal even more from you. How based and conservative!!!

This isn't the 1800s moron. This is 21st century America. And we don't rely on sweatshop slave labor because we are have advanced tech. Look at what a modern factory looks like. These are extremely advanced facilities with lots of automation that require highly skilled industrial engineers, mechanical engineers, computer engineers, and operators to run and maintain. Not to mention all of the business and sales personnel and other staff that are required to operate a business at scale. If you have no skillz and all you're good for is menial tasks then that's on you. So either get gud or lay down and rot and let the opportunity of a generation pass you by while we all get rich.

from taxing the 0.01% mega rich

If you completely liquidated all billionaires, each American would get a one time check for like $4000.
How the fuck does this solve anything, you brainwashed socialist mutt?

Yeah bro maintaining a 500k industrial robot is going to be so much cheaper than paying a guy 3 dollars an hour!!! Based Trump!!!

1 in 10000 people is a billionaire? Wow I didn't realize inflation had gotten quite that bad

For Americans to do these jobs, they will have to lose their current jobs. Who the fuck is going to do the jobs they are currently doing?
You're asking America to take on the buden of production the world is currently doing while somehow magically having a higher standard of living.

a quick google search would prove you wrong, their birth rates are also declining as more and more people get educated. step outside of pol maybe

Argument?

Your communist policies do not work.

My argument is if you think the top 0.01% means the billionaires you are a retard who didn't graduate first grade

Okay take the high level millionaires too, it still amounts to a one time check for like $10k
How the fuck does this fix anything?
Most middle class people's yearly taxes are more than that.
You people are economic illiterate authoritarian retards.
The real problem is government intervention and central banking but you're too blind to see that.

You're not going to be rich simply by "investing"

It's a myth created by rich elites to make wagies pump their millions of dollars bags.

For Americans to do these jobs, they will have to lose their current jobs.

We already have a massive surplus of STEM graduates who are underemployed because America hardly manufactures right now. All that is going to change. There will be massive demand for STEM.

Who the fuck is going to do the jobs they are currently doing?

Most of those jobs are not even needed. COVID showed us that when you lock down the majority of the work force at home except for a tiny fraction of "essential workers" the country can continue humming along just fine. Why? Because in a fake debt-fueled service economy most of the current jobs are bullshit, or to use the official euphemism, "non-essential". Many of those bullshit jobs you see on tiktok exist only as a means of wealth distribution to keep the fake economy going. But they don't actual produce any real value. The president is restructuring the economy to be based on fundamentals. This way we can maintain our high standard of living in a sustainable way far into the future instead of with a credit card which will burst if nothing is done about it.

For starters it would prevent the shitshow we've seen with a narcissist outright buying an agency of the US government.
It would prevent grifters like Trump from getting to a position of power through generational wealth.
It would prevent DEI from being pushed by a few social engineers at companies like BlackRock.
It would prevent social discontent from the standard of living only raising for the upper class since the 90s and staying the same or declining for the working class, which those same social engineers use to push other more destructive ideologies like radical feminism.
It would prevent a lot of bad things from happening. Empirically we've seen nobody should have that much power over society just because they happened to be successful businessmen, because power/hubris gets to their head and they fuck everything up.

when you lock down the majority of the work force at home except for a tiny fraction of "essential workers" the country can continue humming along just fine. Why?

Because many jobs can be done remotely and the government spent literal trillions of dollars in aid to keep things going along

many jobs can be done remotely

LMAO. COVID was a 2 year vacation for most people. A minority was actually "working" when they were at home remote. This is precisely the reason cited by the federal government for terminating remote work in its effort to achieve governmental efficiency.

and the government spent literal trillions of dollars in aid

Exactly. More fake debt injected into the fake economy resulting in out of control inflation. Another great example of debt-fueled services economies being unsustainable.

For starters it would prevent the shitshow we've seen with a narcissist outright buying an agency of the US government.

No it would not.

It would prevent social discontent from the standard of living only raising for the upper class since the 90s and staying the same or declining for the working class,

How would radically increasing housing prices by restricting supply(rent control) do that?
How would printing even more money do that?
You're a bootlicking retard that thinks more of the same interventionism will magically save us.
You have the same mentality as trump

We already have a massive surplus of STEM graduates who are underemployed because America hardly manufactures right now. All that is going to change. There will be massive demand for STEM.

Uh no, thats because the government heavily subsidies higher education, creating a bubble.
Moron

Also

federal jobs guarantee

Lmao how fucking dumb are you?
So print money and give to people to do extremely unproductive and wasteful "jobs"?
You people are economy destroyers.
You literally think the great depression was a good thing.

It's just spite politics. Anyone rooting for this shit is doing so because they want everyone else to get fucked over. They just happen to mistakenly believe that things can't get any worse for them.

Yeah that's inline with what I said, read it again, moron.

Can't afford to give free shit anymore

Bails out multiple companies during crashes, money prints like crazy

Gives free gibs for years under covid

We can't afford it

Yes, we can.