just_another_person@lemmy.world to politics @lemmy.world · 4 days agoRisk of ‘Trumpcession’ rising, economists say, as global markets fallwww.theguardian.comexternal-linkmessage-square115fedilinkarrow-up1799arrow-down15
arrow-up1794arrow-down1external-linkRisk of ‘Trumpcession’ rising, economists say, as global markets fallwww.theguardian.comjust_another_person@lemmy.world to politics @lemmy.world · 4 days agomessage-square115fedilink
minus-squareLastYearsIrritant@sopuli.xyzlinkfedilinkEnglisharrow-up2arrow-down1·3 days 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-up7·3 days 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.