Ask Lemmy

26690 readers

1826 users here now

A Fediverse community for open-ended, thought provoking questions

Please don't post about US Politics.

Rules: (interactive)

1) Be nice and; have fun

Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them

2) All posts must end with a '?'

This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?

3) No spam

Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.

4) NSFW is okay, within reason

Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either [email protected] or [email protected]. NSFW comments should be restricted to posts tagged [NSFW].

5) This is not a support community.

It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email [email protected]. For other questions check our partnered communities list, or use the search function.

Reminder: The terms of service apply here too.

Partnered Communities:

Logo design credit goes to: tubbadu

founded 1 year ago

MODERATORS

[email protected]

117

Did conservative folks just liquidate a bunch of their holdings? (lemmy.world)

submitted 3 months ago* (last edited 3 months ago) by [email protected] to c/[email protected]

27 comments fedilink hide all child comments

I've been hearing reports that "the market is way down" (due to Kamala/Democrats/god knows what else) and family members making comments that we better sell or liquidate our stocks.

I would never do that of course, but are right-wing folks actually jumping on the "sell-low" bandwagon? It seems too crazy but their media is always telling them dumb shit that kills or hurts them so its sorta par for the course in my view.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 45 points 3 months ago (1 children)

That's... An extremely bizarre take on what happened, and on whether selling would be a good idea. The stock market almost never has anything to do with electoral politics, and electoral politics almost never have anything to do with what your market position should be.

[–] [email protected] 24 points 3 months ago (1 children)

Right-wing media often have weird takes about, well, everything. If there's something negative going on in the economy, they'll definitely blame democrats even if it makes no sense. And their solutions are just bizarre. Like they boycott products by buying them and then destroying them.

So, I think the question is is there actually evidence people are selling right now because they were told to?

[–] [email protected] 2 points 2 months ago

I think if you're a right winger in the stock market who still has money (hasn't lost it all yet), you've proven yourself capable of at least enough double-think for your WORDS to say "the market is in shambles! The economy is trash! Biden is destroying America!" while your ACTIONS express confidence in all of the things supposedly doomed by our supposed dictator Biden.