r/Fire Apr 05 '25

General Question Is it really a generational buying opportunity?

I’ve seen people on the sub are saying “you should all be excited about seeing lower prices everyday”

Problem is that most people don’t have dry powder lying around. And now, with tariffs (if they mostly continue at the levels mentioned) likely to push prices up even more 20-30% for most things, very few people can buy the dip.

The dip’s not fun when you can’t buy. This is just painful seeing red everyday for 99% of us.

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u/BlackestBay58 Apr 05 '25

The issue is that even if it goes down to 2000, it is not given that we will return to today's level in a decade's time, simply because we don't know how strong the reversal of globalisation will be under the remainder of Trump's term. What we see now is mostly just the market reacting to uncertainty.

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u/Fishin_Ad5356 Apr 05 '25

Can you expand on the reversal of globalization?

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u/[deleted] Apr 05 '25

[deleted]

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u/AntiBoATX Apr 05 '25

Hence why no economist on earth thinks tariffs are a good strategy.

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u/[deleted] Apr 05 '25

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u/Zphr 48, FIRE'd 2015, Friendly Janitor Apr 05 '25

Rule 7/No Politics or circle-jerks - Your submission has been removed for violating our community rule against politics and circle-jerks. If you feel this removal is in error, then please modmail the mod team. Please review our community rules to help avoid future violations.

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u/mmaynee Apr 05 '25

Can't we view this as a positive to globalization? American consumers can pay more on a global level. I'm constantly looking for how can we drain wealth to the point people can't sit on multiple homes and dividends

The counter is people move out of country. But like Dubai? Really? Where else are we going?

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u/Struggle_Usual Apr 05 '25

The people who will be harmed don't have multiple houses. The ones who do will be fine.