News for hackers. Stuff that matters.

A comment on Trump's Tariffs Wipe Out over $6T on Wall Street in Epic Two-Day Rout. Parent comment

Re:Trump's Tariffs Wipe Out over $6T on Wall Street in Epic ... by sethammons on Friday April 04, 2025 @10:16PM (#43589993)
When the markets are down, they are on sale for the rich. Eliminating competition via tariffs is good for those who want to compete where they couldn't before. They would let everything burn to further enrich themselves or push their ideology.
[ Parent | on HN ]
Re:Trump's Tariffs Wipe Out over $6T on Wall Street in Epic ... by Whoppertime on Saturday April 12, 2025 @03:40PM (#43667363)
Why are they only on sale for the rich? I thought everybody could buy it. When Wall Street Bets was buying GameStop was that an investment "for the rich"? And if not why can only rich people invest when markets are down, and only not rich people can invest in GameStop when they are being short squeezed?
[ Parent | on HN ]