just_another_person@lemmy.world to politics @lemmy.world · 2 days agoRisk of ‘Trumpcession’ rising, economists say, as global markets fallwww.theguardian.comexternal-linkmessage-square112fedilinkarrow-up1783arrow-down15cross-posted to: [email protected][email protected][email protected]
arrow-up1778arrow-down1external-linkRisk of ‘Trumpcession’ rising, economists say, as global markets fallwww.theguardian.comjust_another_person@lemmy.world to politics @lemmy.world · 2 days agomessage-square112fedilinkcross-posted to: [email protected][email protected][email protected]
minus-squareLastYearsIrritant@sopuli.xyzlinkfedilinkEnglisharrow-up2arrow-down1·1 day 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-up7·1 day 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.