Roughly $11.1 trillion has been wiped away from the U.S. stock market since Jan. 17, the Friday before President Donald Trump took the oath of office and began his second term, according to data from Dow Jones Market Data.
Some $6.6 trillion of that figure was lost on Thursday and Friday alone — the largest two-day wipeout of shareholder value on record, Dow Jones data showed.
Let’s see if he can make that number $111 Trillion lost by the end of May 2025.
Removed by mod
Nah dude, there’s more to it.
Step 1: already have a fortune put away in the US stock market.
Step 2: promise a business friendly environment after the election
Step 3: get elected
Step 4: sell off your stocks while confidence is high and market is on the up
Step 5a: put all your money on shorting index funds with the highest possible leverage
Step 5b: impose tarrifs
Step 6: use aggressive foreign policy to prevent foreign buyers from acquiring a share of the now discounted US economy.
Step 7a: settle short positions get infinite money (Trump will have leverage that us plebs cannot comprehend)
Step 7b: stabilise economy
Step 8: use infinite money to buy significant chunks of the US economy
Once all steps are complete trump is king in all but name even after he leaves office.
As much as if hate to admit it, the orange clown has pulled a massive big brain play. It’s terrifying what he could be planning next.
I expect Musk to become the first trillionaire from all of this. Thing is, that trillion will be worth $100 Euros or any other form of currency that isn’t attached to America.
May the money pit that Musk stands on, suck him in like a bog.
Trillionaires already exist. They’re just all in Zimbabwe.
You can’t really use past market events as a reference for anything happening now. The global system is completely different and changing very fast. The longer term implications here are that the U.S. Govt has been out of money for a while and there is a ton of upcoming debt to issue. Part of the response to this is to fund the Govt using tariffs, and begin shrinking the deficit by using the economic problems and the total debt to justify it. They are trying to avoid a debt crisis where there is more debt being issued than buyers. The problem is that this time, with other options existing for capital than Treasuries, which given the circumstances, the old idea that people run to Govt debt when the markets crash for safety just might not hold up this time. The end result is that they haven’t solved anything, and in fact made the upcoming debt crisis much worse. What’s more is that the old reserve currency dollar system being replaced will accelerate now as trade is forced to route around the U.S. There are so many second order effects here too, all of this will kick off a justification to privatize everything and have the private sector jump in to save and replace Govt functions. What they have wanted to do all along anyway, and given the current political climate will mirror the oligarchs taking over Govt functions after the collapse of the USSR. This is just more of a controlled demolition.
Sorry for the wall of text. Also, a bretton woods style agreement will be necessary, it’s just that there is no single world power strong enough to enforce one. The futures for Monday look pretty bad too, and there are so many unresolved problems since 2008 that could blow up one after another once all the liquidity is removed and there is no one willing to purchase all the upcoming debt.
The debt issue is greatly over exaggerated. The US as a whole owns over 300 trillion in assets and trillions more in untouched resources. The US isn’t broke and it isn’t poor. It only feels poor because
- our capitalist system is nearly the worst possible system for distributing resources where they actually need to go and
- Capitalists use their resources to corrupt and bend our government to their will which results in car centric urban sprawl that is 5x less resource efficient.
For example, if we built public transit and walkable cities we could make transit completely free and it would cost far less than subsidizing car dependency. But we can’t do that nation wide because it would devalue the car industry, the asphalt industry, rubber industry, and the oil industry. Under capitalism, the profits of the 0.1% always take priority over what benefits the 99%
To be selfish at this time, if I had 40k sitting in cash, do I have a chance to make good on this? Or are things too unstable to invest as just a dumb guy with some cash?
How does this compare to 2008?
28 September 2007 S&P 500 was $1526 per share
27 February 2009 it was $735
31 January 2025 it was $6040
Today it is $5074
Ok, so 2008 was a 52% loss in almost a year and a half.
Right now it’s only a 16% loss in a little over 2 months.
Someone far smarter than I am could maybe figure out the monthly decline percentage and compare 2008 losses vs now. Don’t get me wrong, it’s a shitload of money, but it doesn’t look like the stock market is anywhere close to reaching 2008 levels of loss…yet.
What were the first few months like in 08? I was only 13 and already in poverty so I honestly never noticed
In my experience I was in the middle of a transition at work. A company was buying the contract of all the other contract companies and the way they did it was shady as hell. We had to sign new contract agreements and had I not signed the agreement I most likely wouldn’t have been able to file unemployment and finding a job would have been impossible.
I stayed in that job way too long because of fear and the devil you know vs the devil you don’t. I worked at that job and company for almost 10 more years because I liked my immediate boss but despised the bullshit the company was doing. It was not good for my mental health.
Had 2008 not happened, there was no way I was signing that new contract. Many people didn’t and struggled for a bit finding new jobs. My mental health most likely would have been better. But hindsight is 20/20
Roughly
3.05% per month in 2008
7.75% per month today but the time period is much smaller
We will see how bad it will actually become and if it can match 2008 levels.
Ahhh so this is even worse than I thought because we haven’t even seen the effects of the tariffs yet and probably won’t for a while.
Too. Much. Winning.
Amazing how every time the Republicans get majority control of things the markets go to shit. The faster they work to dismantle what democratic control of something exists the faster it falls apart.
so weird to be cheering for our own demise, but is it really our own demise? i don’t own stocks. do you? and where does 11 trillion actually go? to another country’s market? fiat currency is so weird. it’s almost as if it’s all just smoke and mirrors that don’t actually reflect reality. did anything physically change since dumptwat announced tariffs? capitalism just seems like a giant lie divorced from reality. let’s burn it all down.
In terms of where the money foes its quite easily. The majority will just evaporate. A lot of people and company’s may shift their invested money to European (or somewhere else) companys whichay rise a bit in value, but the majority of the money is just gone. The value of a company is a mix of how profitable they are and a lot of how much people think a company will be profitable in the future and therefore are investing into it (its like the typical production and demand thing. If more people want to buy something it rises in value).
where the money foes its quite easily. The majority will just evaporate.
the thing that didn’t exist in the first place evaporated. that doesn’t sound weird to you?
also “how much people think a company will be profitable”… you just described a confidence game and gambling.
It is like you said. Its artificial value. Its value generated, by how much people are willing to pay for a share of it. And as you rightfully realised, its basically gambling. You can make predictions based on the current trend (what ever trend it may be),but its still gambling.
The value went away, not actual money. Say you own a pair of Jordan’s original shoes worn playing for the bulls, and he shows up drunk on a tv show and spends an hour crapping all over the bulls. You still own the shoes, but they will be worth less if you try to sell them.
but they’re still shoes, and if you bought them for anything more than being shoes, doesn’t that seem divorced from reality?
Their point isn’t about shoes. It’s about how a thing can change in value.
i understand that, but do you understand what i’m saying?
Do you have a 401k?
lol no
Turns out the thing about people not having 500 USD in their accounts was real after all
People are just realizing that they were not cooked, just merely marinating
Yeah, but I moved 90% of it to stable bonds in Inauguration Day.
Never fear, those will be worthless once he finishes crashing it all.
No actually. My job doesn’t offer one. Many people either are in the same position where their job doesn’t offer retirement benefits or they’re not paying into it because they need every last cent they can spare.
Wow, $11 trillion is a lot. Really puts the $36 trillion sitting liquid in offshore tax havens into perspective (yet seems to be missing from every conversation about money.)
The problem is that it is legal (in a gray legal sort of way), and the people in power only lose if they fix it. So we can only talk about it.
Perhaps it’s high time to go beyond talking about it.
Such as?
Take a guess, surely your imagination isn’t limited to just “talking about it”. Perhaps maybe fighting for it? Like we did with women’s rights, slavery, racial discrimination, workers having weekends, they all changed from people talking about it AND fighting for it.
It’s going great!
Oh, is it tee time already?
Go woke go broke? Seems like when you go conservative you get absolutely ripped.
I know your right in saying people vote like Trump was the conservative, but Harris was really the conservative. Trump was the populist autocratic. thinking the GOP is the conservative party is crazy to me. They haven’t been in a long ass time. You want status quo and security for your money and livelyhood? Don’t vote for the populist who has ‘‘ideas’’ about how the country should REALLY be ran.
That’s how you get Pol Pot shutting down food imports because he wanted higher domestic food production, you know BEFORE they could make enough food to feed everyone without the imparts. All the other autocrat or populist that instantly rammed a country into the ground also had a cult that made them entirely delusional.
Amen you right. America is so far right wing, thats why any small help for the common worker or man they all scream socialism or communism.
That’s how you get Pol Pot shutting down food imports because he wanted higher domestic food production, you know BEFORE they could make enough food to feed everyone without the imports.
This really is exactly what trump is doing. He’s slinging tariffs around like that will spur US industries (and as a petty attempt at being a strongman) and farming but giving those industries zero lead time, and on top of that, the tariffs he imposed are going to affect all of the materials and machinery those industries would need to ramp up their production. And on true insulated tyrant fashion he just makes a declaration and then it’s everyone else’s problem to deal with.
Dude’s a fucking idiot.
It was projection once again. It turns out being anti-woke is indeed the path to poverty
Come on now a couple billionaires are going to make tons of money
Which billionaire is making money? Look at the stock market and look how much these big companies lost.
Lose 75 out of a 100 billion? Still plenty of money to consolidate failing businesses and buy real estate for cheap.
Can’t afford it? Too big to fail, government loans and bailouts.
This has happened before and the wealthy just get more in the end.
go fasch lose cash
A bunch of wallets just got the bigot spigot
Now I know why Trump, during his rally, said people would ask him to stop winning.
Can someone explain the tangible effects of this?
Wait for the orange to be almost out the door and buy stock
This doesn’t explain anything
You’re all going to be poorer.
This doesn’t explain anything. To do that you would have to say why.
You say that as if it won’t likely affect you as well. Even if you’re not American, the next decade will be worse financialy than the last. There are probably some exceptions, but not many.
I’d be fine with that if it was for some grand project, like reversing climate change or wiping out global poverty, but it’s not.
Companies are going to lay off loads of people and close any department that costs too much just to increase the stock price again. For investors stock price is everything and they don’t care much about consequences.
USA stock market crashing means the dollar is getting less worth compared to other currencies, so anything imported gets more expensive in the USA, what is most items. Things getting more expensive means less people buying stuff, less economic activity so more layoffs.
All those layoffs means people can’t pay back there debt. Trump doesn’t care about people in debt and somehow makes it worse. Banks get in trouble. Trump cares about banks and big businesses so they get bailed out. Taxes on everybody else increases to pay for bailouts.
To distract from all this, Trump starts challenging China and it leads to war. Marshall law is called and Trump starts funneling more money to the military making things even worse.
Marshall law is called
And he’s already stated that running for a 3rd term isn’t off the table.
We’re sick of this winning!
So much winning!
