this post was submitted on 10 Mar 2025
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[–] dhork@lemmy.world 93 points 11 months ago (4 children)

He'll issue an executive order establishing that the market can only go up

[–] azimir@lemmy.ml 53 points 11 months ago (2 children)

He disbanded the US government agency that develops the annual GDP numbers. Guess how they'll figure those out next year?

If you guessed "we'll make some up that are higher than last year" then you're spot on.

[–] Death__BySnuSnu@lemmy.world 9 points 11 months ago (1 children)

The numbers will go up. Nobody knew they could go up. It's unheard of.

[–] Bytemeister@lemmy.world 8 points 11 months ago

Remember, immigration is down by over 100%!

[–] jimjam5@lemmy.world 7 points 11 months ago

Making up figures/numbers … smh. Nineteen eighty-four gets more relevant by the day.

[–] MyMotherIsAHamster@lemmy.ca 23 points 11 months ago

Signing those with his big-boy Sharpie is about al he knows about actually governing lol

[–] Joeffect@lemmy.world 10 points 11 months ago* (last edited 11 months ago) (3 children)

I mean for the longest time it only has gone up... And that's not sustainable

https://www.macrotrends.net/1319/dow-jones-100-year-historical-chart

[–] CMDR_Horn@lemmy.world 8 points 11 months ago

Perfect time to buy

[–] Lyrl@lemm.ee 3 points 11 months ago

If it's representing value produced by a population, and that population is both growing in numbers and finding ways for each person to be more productive, it makes sense for the index to go up. The current drop in stock markets is not related to either population decline nor to some widespread productivity hit, meaning sustainability isn't the problem at hand.

[–] jj4211@lemmy.world 3 points 11 months ago* (last edited 11 months ago)

Ultimately, it's a numerical abstraction. A number can always go up. It does not mean it's materially better than the number from last year, just that the number is bigger. When inflation goes high but people's investments do not, that indicates bad stuff.

If inflation and wages and investments and savings all go up consistently, it's not necessarily unsustainable, it's just quirky math.

[–] CCMan1701A@startrek.website 7 points 11 months ago (1 children)

Change to down color to green.

[–] Jakeroxs@sh.itjust.works 0 points 11 months ago* (last edited 11 months ago)

That's how it works in China

Edit: Japan and Korea as well