Current Events > The Dow just logged its worst 2-day point slide in history

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solosnake
02/25/20 5:38:43 PM
#1:


https://www.marketwatch.com/story/the-dow-just-logged-its-worst-2-day-point-slide -in-history-here-are-5-reasons-the-stock-market-is-tanking-and-it-isnt-just-the-coronavirus-2020-02-25

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cmiller4642
02/25/20 5:39:21 PM
#2:



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MrToothHasYou
02/25/20 5:39:47 PM
#3:


Hmmmm. Now... is that good?

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AFrench2
02/25/20 5:40:07 PM
#4:


Time to buy some stock, in other words.

Nomnomnom 10% discounts

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Ohh boy
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Were_Wyrm
02/25/20 5:40:33 PM
#5:


Thanks Obama!

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Irony
02/25/20 5:40:37 PM
#6:


Good

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Squall28
02/25/20 5:41:05 PM
#7:


Yeah I shouldn't have bought yesterday lol

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If you're going through hell, keep going.
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BignutzisBack
02/25/20 5:41:14 PM
#8:


MrToothHasYou posted...
Hmmmm. Now... is that good?

For anyone 10+ years from retirement and not stupid enough to panic sell it's great news

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#9
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Bestoffuture
02/25/20 5:43:20 PM
#10:


Democratic conspiracy amirite?

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cmiller4642
02/25/20 5:43:55 PM
#11:


I think that a big crash like in 08 would make Sanders easily more electable and people would be more open to his economic changes.

Especially if gas goes back to like $4 a gallon.
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solosnake
02/25/20 5:52:25 PM
#12:


The S&P 500 has shed more than $1.7 trillion in value in the past two days


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Squall28
02/25/20 6:02:25 PM
#13:


solosnake posted...
The S&P 500 has shed more than $1.7 trillion in value in the past two days

Imagine how the markets will react if a wealth tax was implemented.

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White Eagle
02/25/20 8:39:16 PM
#14:


cmiller4642 posted...
I think that a big crash like in 08 would make Sanders easily more electable and people would be more open to his economic changes.

Especially if gas goes back to like $4 a gallon.

This dip is based on fears of the virus hampering economic activity, its more likely to make oil/gas prices go down if the downturn keeps going (gas in my area in 2008 went from 4.25 in August to 1.55 in October). You need a completely different event to get to $4 gas, especially since rising prices will make fracking more profitable so supply from that will go up.

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