General Discussion
In reply to the discussion: Stock market CRASHED today. [View all]Demsrule86
(71,555 posts)We have economic problems...job losses. The market is divorce from the economy in many ways. But almost everyone is involved in the market-not just the rich. There is no real value in the market of today.
We have tariffs...Hoover was a big tariff guy. The banks are shaky...and we have burned crops rather than sell them...we have unrest. Did you know that Hoover called out the Army to attack American citizens who had served in the WWI and wanted their bonus money.
If we don't manage to keep snap benefits, we will see starving people lining up for food. We have already had some of that.
We came damn close in 2008 to a depression. Obama saved us. He was smart and guided us back to safety. Now we have Trump...the most stupid, corrupt, idiotic president in my life maybe ever. We are so screwed. The dominos are in place. Time will tell if we manage to stop this monster.