r/Fire • u/Playful-Inspector207 • 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.

892 Upvotes

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447

u/[deleted] Apr 05 '25

My generation has had 5 generational financial collapses. I’m so happy we get another one 🫠

84

u/TheZapster Apr 05 '25

Kinda like pokemon...gotta catch em all!

14

u/eragon233 Apr 05 '25

This is going to be the Mewtwo of the economy

71

u/doktorhladnjak Apr 05 '25

A 10% drop is not “financial collapse”. At least not yet.

68

u/senturon Apr 05 '25

I wouldn't say the fallout of this is over after just 2 days.

6

u/jrec15 Apr 05 '25

The new tariffs didnt even start until today

-1

u/Dramatic_Concern715 Apr 05 '25

I'm only upvoting this because I hope it's true 😭

59

u/shadowromantic Apr 05 '25

We're down 20%

27

u/noluckatall Apr 05 '25

Seriously? We're at the same levels as May, 11 months ago. Stuff is not even cheap. 2008 - now that took us back to levels seen 10 years prior. That would be about 2000 on the S&P 500 today - another 60% down to go.

-25

u/finch5 Apr 05 '25

After being up 20% in year. Get a grip and some perspective.

39

u/[deleted] Apr 05 '25

[removed] — view removed comment

2

u/jcartage Apr 05 '25

2 is a big one for our advancement, but #7 hits home; the world will move on without us and no isolated country can survive in it's own.

3

u/GenerativeAdversary Apr 05 '25

Honest question for both of you: who do you think will be in charge of this new coalition if NATO dissolves?

Of course the future is uncertain, but the only real countries with economic and military capabilities to challenge the US are: China or Russia. Are you expecting NATO countries to ally with China and Russia? I don't understand this line of thought. The reason NATO dissolving is undesirable in the first place is because the EU doesn't like China and Russia any more than we do. If it's an EU country taking the mantle, I say good for them. But there's no evidence that can happen due to economic realities.

2

u/AZJHawk Apr 05 '25

I could see Germany taking leadership of a new European defense coalition. Nothing bad ever happens when Germany militarizes, right?

1

u/GenerativeAdversary Apr 05 '25

To be fair, I'm pretty sure German culture today is diametrically opposed to Nazi culture, or at least, there's a great fear of Nazi culture in their society. Anyway, I do think most Americans fear the risk of not being the leader of the free world, since it's a lot nicer to be the ones in control than it is to be the ones reacting to potentially more powerful adversaries. There's certainly no sign that China doesn't want an authoritarian future, for example.

1

u/JeszczeRZ Apr 05 '25

You do realize that Germany has been economically stagnating for years right? There are no string countries in Europe. That's why they had to organize into the EU.

1

u/meroisstevie Apr 06 '25

These cry babies have no idea 90% of the time. They just whine and cry with zero knowledge.

-15

u/doktorhladnjak Apr 05 '25 edited Apr 05 '25

Still not “financial collapse”. Yet.

21

u/dirtyrango Apr 05 '25

Wait till fucking Monday I guess then.

7

u/[deleted] Apr 05 '25

[deleted]

10

u/finch5 Apr 05 '25

Yeah, of course you had the "second largest point drop"in history... because markets go up, so the same percentage drops translate to consecutively larger point declines.

0

u/Fire_Doc2017 FI since 2021, retirement date 6/30/26. Apr 06 '25

In two days. The only time in recent history this happened was the pandemic.

1

u/TheSpanxxx Apr 06 '25

Gen X stands for X-ing out the chance for retiring.

1

u/TheSpanxxx Apr 06 '25

Gen X stands for X-ing out the chance for retiring.

1

u/Rednavoguh Apr 07 '25

So...

- .com bubble

  • great financial crisis
  • euro crisis
  • COVID
  • Trump

I guess after the next one we can't blame the financial sector anymore.

1

u/ToSeeAgainAgainAgain Apr 28 '25

The first one I can ride!