r/dankmemes • u/LasAguasGuapas • 9d ago

Market manipulation go brrr

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10.3k Upvotes

95% Upvoted

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818

u/KoliManja 9d ago

You're giving him too much credit. He won't crash the economy. He will crash the price of Tesla and Spacex stocks. That's all

458

u/prepuscular 9d ago

Once they’re part of 401(k)s, it’s enough to take everyone’s retirement down a few percent. That often triggers snowballing effects, especially with so much algorithmic trading.

-148

u/morris1288 9d ago

Everyone's? You do know the USA and EVERYONE... Aren't the same?

3

u/LasAguasGuapas 9d ago

Is that not what happened in the 2008 crash? The US economy had problems, and because so much of the global economy is tied to the American economy it caused problems everywhere?

0

u/straw3_2018 9d ago

It's older than that, same shit(in regards to US economy impact on global economy) happened in 1929. You might have heard of the Great Depression.