Summary

Fox News openly blamed Donald Trump for Monday’s stock market crash, with the Dow dropping 890 points and the S&P 500 falling 2.7%.

The Dow is now 1,500 points below where it was when Trump took office. Analysts cite his chaotic messaging and steep tariffs on key trading partners as driving investor uncertainty.

Trump refused to predict a recession, calling it a “transition,” while his officials gave conflicting reassurances.

Treasury Secretary Scott Bessent warned of a “detox period,” further fueling market fears.

  • earphone843@sh.itjust.works
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    2 days ago

    That you’re stockpiling ammo. Trump is going to go after personal gun ownership at some point in the next 2 year.

    • mean_bean279@lemmy.world
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      2 days ago

      Outside of his bump stock ban that couldn’t be farther from an actual reality. There are many, many stupid things that man will do. Taking away guns is definitely not one of them. I’m all for pointing out the insanity of this administration, but we cannot become crazy conspiracy nuts like MAGA. Trump will ruin the economy and make it so people can’t afford guns, but take them away… not at all.

      • earphone843@sh.itjust.works
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        1 day ago

        Trump literally said, "“Take the guns first, go through due process second,” in his first term.

        Fascist authoritarian dictators usually don’t let private gun ownership exist.

        And at the very least they’ll try to take them away from liberals.

          • in4apenny@lemmy.dbzer0.com
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            1 day ago

            NRA? You mean the gun organization funded by the Russians? No doubt the Russians would want to keep an open flow of weapons to militias and extremist groups, like America did to the Middle East. Not only is it an effective way to destabilize things, but it creates a channel for arms dealers/manufacturers to make a fortune from the proxy-war hellscape that the country will descend into. What happened to the Middle East from circa 1970-present is what’s about to happen to the United States… From a model society to a bombed out ruins sprawling with militants.

            But hey, at least a few people stand to profit. Not like Americans can’t see this coming and still have the ability to stop it…