this post was submitted on 03 Apr 2025
315 points (98.5% liked)

World News

45416 readers
4037 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News [email protected]

Politics [email protected]

World Politics [email protected]


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
 

As world leaders reacted to the US president’s “liberation day” tariff policies demolishing the international trading order, about $2.5tn (£1.9tn) was wiped off Wall Street and share prices in other financial centres across the globe.

World leaders from Brussels to Beijing rounded on Trump. China condemned “unilateral bullying” practices and the EU said it was drawing up countermeasures.

While Trump timed his Wednesday evening Rose Garden address to avoid live tickers of crashing stock markets, that fate arrived when Asian exchanges opened hours later.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 48 points 1 day ago (5 children)

The biggest take away I see from this is how easy it was to remove $2.5 trillion dollars .... yet the world didn't end.

[–] [email protected] 20 points 1 day ago

Check your pension fund

[–] [email protected] 6 points 1 day ago

I mean, the stock market is still up 5% or so from a year ago. Which doesn't refute your point that it's disconnected from reality, but rather that the wealthy people are not exactly suffering due to a single day or even a few weeks of market losses.

[–] [email protected] 9 points 1 day ago* (last edited 1 day ago)

Imagine they go into building trains and tracks!

[–] [email protected] 5 points 1 day ago

Investors have a long way to go before they're living like subsistence farmers.

There's always someone else who is working harder for less, so the idea work won't get done is bullshit.