Your friend could always pay an extra fee or go to a different bank.

That’s not about the rich, most banks these days just don’t want to service US citizens without a premium, because it puts a lot of bureaucracy on them. Blame the US government.

Everyone sane did. Yet somehow plenty here were adamant and were running to sell their investments ASAP instead of investing more. I have no clue how people can be that stupid…

If people understood anything about economics at all they would’ve been in a much better financial position in general.

The wealthiest are not hurting, they’re getting exponentially richer.

They elected Netanyahu in a democratic way. Israeli citizens have zero empathy from me.

S&S are going down and you’re selling, money markets are going up and you’re buying. You’re literally doing the opposite of what you want, lol.

You’re doing the exact opposite.

The only one losing money is you.

Smart people don’t sell stocks and shares when markets crash. They buy instead.

That’s the dumbest advice ever! That’s how you lose all your money. Recession is the perfect time to buy even more stocks and shares. Don’t get out, get in!

You can’t say anything is 100% with a chaotic and erratic president. There’s always a chance that Trump will undo everything next week and things will stabilise for a short while. That chance might be very low, but it effectively invalidates 100% prediction.

Or any other food.

Pretty serious. Recessions affect different layers of the economy at different times. First markets crash, but your income and job security stays the same. Then markets plateau, but workers start losing jobs. Finally, markets start to grow again, but you’re still living under the bridge.

If you’re not a billionaire, this is the best time to invest - you still have a job, but markets are going down rapidly. You won’t have cash later on.

By comparison with US in general Europe is living in communist utopia :)

That looks an awful lot like a pandemic mini crash. If you invest in ETF right now, you’ll make shit loads of money out of thin air next year.

What’s funny is that the French government is not “left-wing”.

Russia never traded much with US. So it’s business as usual.

Most electronics are imported from China, not from US. No one will be sending iPhones from China to US and then to the rest of the world.

And that’s how you end up in Guantanamo.