The global equity market is $115 trillion in capitalization. Look at the sum of all the losses, it must be very close to $10 trillion, that is 7x the losses after 911.Japan's market opens down 9%
China's Hang Seng market opens down 11%
The Hang Seng Technology sector dropped over 14%
South Korea's market dropped over 5% triggering a pause in trading
Taiwan's Taiex index plummeted 9.6%
Australia down 3.7% (11% drop since Feb)
Singapore's stock market plunged 8%
India down 4%
Oil prices fell -- good news for the US, bad news for the Middle East. Bitcoin down 5.6%.
As for those who feel Trump did not go far enough the good news is that this Wednesday more draconian reciprocal tariffs are set to be implemented. Also, more good news for those concerned with how Trump might be responding to this worldwide condemnation of his trade policy, Trump said "our country has gotten a lot stronger" and appeared in good spirits. But not everything is down, estimates are that inflation will be up 2% a year due to the tariffs. However, those who claim this is unprecedented have no idea what they are saying, we had tariffs this high back in 1933. This of course answers that thorny question "when was America ever great?" Well it wasn't called "the great depression" for nothing!
It’s Official: Global Markets Are in Freefall | Tariff War Hits Asia Hard | Europe Debates Options
He makes a very interesting point and bases it on his observations, basically he is saying this whole Tariff thing is simply a cover for all the elites to flee the market full speed, Up until now there was an orderly retreat allowing 401k money to allow them a little retreat every two weeks. But now it is double time, sell and short, we are going to war.ALERT: TRADING HALTED! HISTORIC WW3 GLOBAL MARKET CRASH! IRAN WAR PLANS IN FINAL PHASE!
The MAGA crowd thinks Trump can do no wrong despite evidence to the contrary.
If Trump took roadkill and sold it as steaks, his followers would ask for seconds.
Trump could probably walk around throwing his own poop and they would spin it like his genius. They're a cultThe MAGA crowd thinks Trump can do no wrong despite evidence to the contrary.
If Trump took roadkill and sold it as steaks, his followers would ask for seconds.
The MAGA crowd thinks Trump can do no wrong despite evidence to the contrary.
If Trump took roadkill and sold it as steaks, his followers would ask for seconds.
Trump could probably walk around throwing his own poop and they would spin it like his genius. They're a cult
Well I guess we all have allegiances and hopes, but one would think Christians (since that seems to be a large part of his support) would draw the line and not defend his lies, that to me is without excuse.
Lying is not winning.
Provide one citation of a black woman being forced to have an abortion and then we'll talk.
That is genius!Trump could probably walk around throwing his own poop and they would spin it like his genius.
Seems to be working. China has an incentive to come to a mutually beneficial solution instead of just taking advantage of us."It is a bloodbath out there" -- I would not use that term, I would say it is a sea of red, or the Red Sea. It had split for the people of God to escape but now is collapsing on Pharaoh's army.
Prior to the rapture we will have Jesus flipping the tables of the moneychangers.
Next we expect to see Damascus become a ruinous heap and the Pope to die.
I don't know man remember when Trump was talking about the size of another dude's junk, that sounds pretty gayHey, they're in the pursuit of their happiness right?
Like the trans people.
I like that America is becoming a bit like Boston.
We are an equal opportunity offender here.
We have gay parades and straight parades.![]()
No, they don't. If they agree to the tariffs everything they have been working for collapses, their economy returns to the 1980s, they don't get Taiwan, and they get to be the sweat shops for the world for another 30 years only now they'll have to compete with AI, 3d printers, robots, and fair trade.Seems to be working. China has an incentive to come to a mutually beneficial solution instead of just taking advantage of us.
I don't know man remember when Trump was talking about the size of another dude's junk, that sounds pretty gay
The MAGA crowd thinks Trump can do no wrong despite evidence to the contrary.
If Trump took roadkill and sold it as steaks, his followers would ask for seconds.