Monday, April 7, 2025
Savings are being wiped out
"Americans watch in horror as savings are WIPED OUT as Wall Street chaos sees trillions more dollars evaporate."
That was from a few days ago, try checking the market Monday morning.
Drop of 15% in a week. Maybe not wiped out but that is not good for retirement funds. Who knows how far this could drop 25% is now very feasible
especially if China and Europe just screw the US but I would not be surprised if it goes way lower. Bitcoin is down 27% Since Jan.
Not looking good. Also do I have to pay 25% for my next Ferrari?
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2 comments:
20% down since Dec 4.
That simply means the “worth” was inflated in the first place.
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