May she sell at the bottom and buy back after the recovery.
thanks for the info I’m uneducated, seriously uneducated
Huh.
He is self-aware at least, I’ll give 'em that.
God, the Zelensky one gets me.
He’s not begging for money you ignorant, narcissistic, walking dunning-kruger, fascist supporting asshole.
He’s literally fighting a war against an enemy of America since the 1950s that invaded his country and he’s asking for help so his countrymen and women don’t die or get oppressed by Russian annexation.
He’s on the front lines, we should be thanking him you dumb cunt.
Help promised by the USA for giving away their nukes.
And Russia. And the UK, I believe?
Yes, if any one of them invaded, the others would come to their defense provided they give up their nukes which they did. It turns out that was a huge mistake because nobody has any integrity.
Turns out people generally don’t like war against nuclear powers and would rather watch someone else get invaded than risk themselves getting nuked. Ironic, considering the context.
That was a Babylon Bee link. Right-wing version of The Onion.
I should have been clearer, apologies. I understand the article is fake, I just hate that she finds this even remotely funny or felt the need to share in any way.
Fair. Just thought I’d clarify in case someone missed that.
the whole right wing outrage over mayor wu giving condolences to the family of the attacker is wild when you realize that she was doing that because first responders killed him without any other casualties or injuries to victims.
So uh… I had to look up the term ‘CJ Degree.’
… Criminal Justice.
As in… learn ‘industry practices’ to be qualified as a corrections officer (jail/prison guard), private detective, cop, paralegal, etc.
The first thing that came up was a particular college’s course overview and goals checklist… one of the goals was …
Attend a financial literacy workshop.
So not only is this person a moron, not only is this person in all likelihood a prison guard, not only did they go to college to become a prison guard, they shouldn’t have even graduated with their degree.
As a person from a white trash neighborhood, who got real degrees, first in the family to go to college… I have not gotten white trash vibes this strong in quite a long time.
Unfortunately there’s a lot of criminal justice jobs that only require a two year technical degree. Depending on location and school it’s likely that it was “check the boxes” kind of program for a field that is understaffed.
Ah, the prison-industrial-degree mill complex.
Love it.
Fucks over everyone, in so many ways.
… A good portion of the families I grew up next to just actually had half of their family as criminals, in prison, usually for consistent DUIs or drug charges and domestic abuae…
… and the other half were prison/jail guards/staff.
Thats what I mean by ‘white trash.’
People that unironically described themselves as ‘wiggers’ back in the 00s.
Maybe I’m on my stem high horse here, but why does a college degree not specifically about business require a financial literacy workshop? Like if its a gen ed that’s fine, though its really a high school level class.
I got a STEM degree that didn’t require any financial classes. I learned all that on my own once I started making adult money at nearly 30. I see (quite a lot of) others in my same boat who didn’t bother and are making six figures while living paycheck to paycheck still. The last round of layoffs were quite a shock to these people.
I’ll give big credit to my parents who also never saved a dollar and gave me the fire inside to never allow myself to wind up in the same position after seeing the disastrous results of said decisions.
Edit: funny that a CJ degree is mentioned as my aunt and her (trash of a human being) prison guard husband took out a $500k loan to remodel their $250k house. They got divorced last year and still can’t sell that house. He lives in Florida now and she moved into a trailer park.
Specifically in regards to criminal justice?
A broke, in debt, PI or cop or guard is more likely to be susceptible to bribes, corruption, graft.
These are all theoretically supposed to be public servants, right? Probably a good idea to do the bare minimum to make them less easily corrupted.
In general?
Financial literacy, you know like… how to do a budget for your home, home a mortgage or credit card works, low interest rates on debt work, reasonable total monthly expenses per category, rules of thumb for how much you should put aside in savings… how credit scores work…
All of that except credit scores used to be fairly commonly taught in just public schools, not too many decades ago. Credit scores weren’t covered because they were fairly new back in the 80s.
Now, its not. Hasn’t been for a while.
So, you can’t anymore assume this was ever covered by high school or your general requirements for any particular degree, thus must specifically require it.
I get that but high school is supposed to be “here’s how to function in society as a member of a democratic nation” college is supposed to be “here’s a bunch of well rounding, then we’re gonna make you understand something enough that you have a firm grasp on it”. All of college is supposed to be above the level of personal finance
All of college is supposed to be above the level of personal finance
Supposed to be, yes, but it actually isn’t.
We have just kept passing so many kids that shouldn’t have even been able to graduate high school, or even middle school, that now many colleges and unis have to pick up that slack and offer courses that start at what used to be like an 8th or 9th grade level just a decade ago.
Fuck, I felt like an idiot for redoing Calculus 124, 125 and 126 even after I already had the credits for 124 and 125 from my High School AB Calc AP test.
I passed it, but only with a 3, which was enough for the credits, but I didn’t trust my own understanding well enough, and just did the whole Calc cycle my freshman year.
I went to the best ‘public’ Uni in my state, from 07 to 11.
I was 2 years ahead of the ‘standard’ math track in my high school.
Even back then, absolutely tons of people were getting accepted into my Uni who’d only gotten as high as Pre-Calc, or even just Trig.
And thats to say nothing of the massive, massive number of foreign students who literally could not speak English, read it maybe, but speak it? No, not more than 50 words.
They would chatter in their native tongue during final exams, and nobody cared at all.
A lot of these kids were obviously from very wealthy backgrounds and had a ghost writer write, their submission/entrance papers, I know because their friends who actually could speak English told me they did.
But that is nothing, nothing compared to what its like now.
Its now been 40 years of the Republicans doing everything they can to fuck over education in every way imaginable, there is beyond negative infinity chance I could now afford to get the education I got a decade ago now, and there are shit tier, rob you blind pop up private colleges everywhere that cost even more…
The US functional literacy rate is now about 80%.
20% of US adults, over the age of 18, cannot do more with English than read Hop on Pop, functional iiteracy is basically defined as 2nd grade level or worse.
The average US adult literacy ability is … at the level of a 5th or 6th grader. Half the country reads at an elementary school level.
Thats on par with like… Laos, Belize, Iraq.
I am willing to bet a similar proportion of US adults are just utterly innumerate, cannot handle basic algebra, much less a compounding interest rate calculation.
Wanted to try the Herman Cain Award style post of a Trump faithful realizing their face has been eaten. This Trumpette retired recently, doesn’t know much about how the stock market works, but is seeing her retirement funds go up in smoke. Helpfully, a fellow MAGAt advised her just to buy the dip. Not sure what money she’s supposed to do that with…
This was a GLORIOUS format! I missed the Herman Cain award mini stories and this was a breath of stank air.
Not gonna lie, I used to binge the Herman Cain Awards like I was huffing paint.
Pure karma lol.
Maybe she need to stop her dumb whining woke and socialist (pension) crap. We live in capitalism, it is just business. You have been unburden by pension.
“We have officially been unburden”
This lady word good!
Unburdened of her life’s savings, apparently.
She can enjoy a nice cup of American grown non tariffed Covfefe.
Add some of Trump’s chloroquine phosphate, aquarium cleaner in her Covfefe to protect her from COVID.
and sodium hypochlorite, plus essential oils.
Must be. Because she was clearly unburdened of common sense and objectivity a long time ago.
Why say lot word when few do trick
STOP being Mean to this WOMAN! She CLEARLY was Taken in by Trump’s Promises! She thought ONLY TRANS KIDS would be effected! And BROWN PEOPLE! She had No Idea WHITE PEOPLE would ALSO be effected! Cut her some SLACK!
I can acknowledge that she’s probably an awful person and deserves to be destitute while simultaneously feeling sympathy for her and not wanting her to make any rash decisions and make her situation worse.
Things are pretty bleak. Not in a “haha trump is gonna look so dumb” kind of way, but a supply chain interruption, famine, rioting and civil unrest kind of way.
There’s lots of people to blame but that doesn’t make me feel any better.
They need to feel pain to get educated, she mentioned she is not educated.
She’s on a pension. You think this will inspire her to go get a degree?
The pain from the market crash will give her all the education she need.
Many investors learn how to invest better and keep emotions out after losing money on the stock market. She obviously have never experienced her investment losing money before so she is panicking.
needs more …
… cowbell.
I GOT A FEVER…
…and the only cure is more cowpox.
- RFK Jr
How do you know she’s from European descent. The identity is wiped out from this post, so the only thing you’re able to do is show your prejudice 🌝
The 6th pic with avatar bs gives it away tho
white people are european descent, dummy
Hahahaha this triggers me, ah damn.
Yes, I don’t like the term white/black/yellow/brown.
I use geography. I say European, west African, south east Asian, …
It’s a little less retarded than calling Europeans white and pale Asians yellow
Just so you fucking know, the so called n word Americans are so afraid of… MEANS BLACK
Holy moly the stupidity of people. And you think I’m the stupid one. That triggers me
Most of boomers will have their 401k (unknowingly) invested into the stock market by their employers.
If they didn’t have the independance of mind to recognize shit was going down because of the prez, then it could take their retirement years to recover.
Most of boomers will have their 401k (unknowingly) invested into the stock market by their employers
That’s not what a 401(k) is. A 401(k) is just a regular investment account that has special rules around taxes because it’s meant to be cashed out when you retire. Everything in a 401(k) is in the stock market (though it can include bonds, mutual funds, etc. too), and none of it is managed by the employer. The employer just makes contributions that the employee decides how to manage.
It’s entirely possible that people don’t understand their 401(k)s, and that the employer went with a full service broker that manages the 401(k)s on behalf of the employees. But, it’s not possible for the employer to invest 401(k)s into the stock market because the employer simply makes cash contributions and then it’s hands off.
Pensions are different. Pensions are things where the company agrees to pay the employee a certain amount when they retire. In that case the employer is definitely investing in the stock market – although, in this case, they almost certainly hire a company to manage it for them.
That’s not entirely true. Your employer chooses the financial investment platform and a few select equities that you can invest in. I get like 12 options, including a money market and a few ETFs. I’m also subject to very high maintenance fees.
So, YMMV. Larger firms will often have better investing options for their employees.
True, sometimes a bad employer has a bad 401(k) setup with limited choices. But, they’re still not the ones investing in the stocks or mutual funds. They just choose the 401(k) partner and then you have to pick from their offerings.
i see, thanks for the correction.
That’s what a 401(k) is though. If it’s unknowing then they just know it’s a savings account. Being mad you weren’t told that fact is like being mad you weren’t told your health insurance involved giving some of your paycheck to a third party who will only give some back if you get sick.
Pensions I agree with you there, pensions are a black box where you put money in, they decide how to manage it, and money comes back out when you’re old
Just put your money into stocks! Buying 10 shares of Apple right now would cost $2,000 but once it bounces back to the price it was at before the dip you’d have $2,500! That’s a profit of $500 in just a few years!
That’s actually a pretty good return, but only helps people with cash lying around, which generally are already rich fucks.
It also assumes this is the bottom. That $2000 could become $1000 and it may take years and years and years to get to $2500 instead.
There is no indication this is the bottom.
Exactly. All the morons planning on buying the ‘dip’ before EU nations even announce their response to these tariffs are about to hurt themselves in confusion
That’s actually a pretty good return, but only helps people with cash lying around.
Exactly. A 25% return is amazing, but turning $1 into $1.25 isn’t really that impressive. Turning $1,000,000 into $1,250,000 is. The two returns are the same but one made 25 cents and the other made 3x the yearly median income of a US citizen. “Buying the dip” only makes a difference if you’re already filthy rich.
Ron Howard voice:
It was not the bottom. In fact the bottom would not be discovered until the food riots of 2026.
it is not the bottom yet.
Absolute Cinema! 😁
DryDon’t cry, clown lady. Your retirement savings may be gone, but at least prices will skyrocket.edit: dry cry? what happened, brain?
Better broke than woke **tm
/s
🤣 those last few are priceless. I hope she liquidates all her shit and buys up. Us pleebs haven’t even begun to feel the pressures this likely recession is going to bring on. The market has only just started to react…, is what I would say if my tin foil hat hadn’t just fallen upon my dome… These fuckers are purposely crashing the market temporarily to get rich quick… I hate all of it… These grifters are the worst.
This isn’t a temporary crash. This is upending trade policies that took 75+ years to establish and work out. Using the post WW2 reconstruction of global currency that we practically dictated to the world. We put ourselves in a position of unparalleled power in the new world economy by convincing everyone in the world that we were a stable and trustworthy government who wouldn’t ever betray them.
You can’t bring that back by just “dropping” tariffs.
There’s a literal boycott on US goods right now across the world. Nobody’s buying our shit, and I don’t blame them.
We’re intentionally fucking up the global economy, for absolutely no fucking reason, other than this dementia addled dipshit thinks trade is bad and tariffs are good.
That’s literally the closest thing to saying the earth is flat, from an economists standpoint.
This is going to take DECADES to recover from. If the market is lucky.
We just shot ourselves in the foot with a Russian donated AK-47 on full auto and didn’t let off the trigger until both of our feet were just shredded piles of bone and meat, and the ricochets also caught all of our friends standing next to us in their feet as well. Not as badly as we shot ourselves, but more than they were expecting I suspect.
Yep. Unlike this … person … I got a degree in economics.
This is Great Depression 2.0.
We are fucked for 20 years, and thats the optimistic outcome, assuming we don’t thermonuclearly obliterate ourselves, and not factoring in how even without this entirely avoidable tariff disaster, the intensification of disasters and other stresses from the deteriorating climate was already indicating basically the collapse of industrialized society by about 2050.
Would it going to be that bad? If so, my short positions would do well… sorry for thinking so greedy.
The oil will be gone well before that.
You’re not giving this traitor enough credit. He and his are NOT DUMB they completely understand what they’re doing to the US. This, treating him and his allies like they’re ignorant is only helping them…
They are winning… We cannot allow this to continue.
True. Though they’re idiots if they think that crashing the economy will create a “dip” that they can buy back in with.
This isn’t a March 2020 market crash caused by some mysterious impersonal virus.
This is him intentionally killing trade agreements that are practically unrecoverable, and the market reacting to that. The market will not bounce back. Our market was largely based on trade. That period is over now. No trade will be happening, not anywhere near the amounts previous.
The market can’t recover from a policy shift towards chaotic fascism. Because our foreign allies have long memories and China’s been waiting for a moment just like this to take over from the US as the world superpower.
Yeah I like how she’s retired and her fellow Trumpers are telling her to buy the dip. Guess she should sell her house so she can buy more stocks? I’m sure that’ll work out.
Wait a minute. Are you telling me that you don’t have a couple million in liquid assets that you can use to buy stocks right now?
