Money & Economics

Some of us in the Technology (Internet) business lived through that. I took a company into bankruptcy

The Nasdaq Composite peaked at 5,132.52 on March 10, 2000, and fell to an intra-day low of 1,108.49 on October 10, 2002.
This represents a decline of 78% from its peak during that period.

It took 15 yrs to recover.
 
This implies that companies are eating much of the higher tariff costs (impacting margins) while end-users are not experiencing much pain.

How long do you think that lasts?
 
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Trump wants to do with Crypto to the financial system what he did to medicine with the clot shot mRNA

This is about ego

You’re fucked and you’ll learn to like it
 
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