Some people already sold off at the lower price before it gets lower.
Companies already had to make equipment orders and revenue predictions, which caused suppliers to fire extra people.
And confidence has already been shaken since this could happen again at any time.
Companies are now increasing plans to downsize to deal with the uncertainty.
And the ultra rich are ready to start buying at the lower price. So that if the prices returned to last week, the percentage of differences of wealth from the ultra wealthy to the regular will be even higher.
bitofarambler@crazypeople.online 1 week ago
correct.
there’s also the maybe more important scientific literature ban that is forcing scientists whose job it is to make sure crops grow correctly in the US out of their jobs because they aren’t able to talk about the gender of the seeds they are breeding.
or the physicists who can’t talk about the “status” of the material they’re using, because that word is banned.
country is don’t want to buy American military equipment anymore because they rightly cannot trust the US, which is a huge source of revenue for the US.
the disastrously policies already enacted are going to economically and socially reverberate for decades.
the scientist who goes to another country rather than the US to practice physics, agriculture, anthropology, anything, that’s an entire career of innovation and scientific benefit lost to the US.
and those scientists are already avoiding the us, that’s already happening.
the market numbers are the tip of the iceberg here.