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.

  • earphone843English
    182·
    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.worldEnglish
      81·
      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.

      • earphone843English
        13·
        2 days 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.