Loduz_247@lemmy.world to People Twitter@sh.itjust.worksEnglish · edit-27 days agoIn the end, The Hill lied and Harris was right.locklemmy.worldimagemessage-square355linkfedilinkarrow-up11.81Karrow-down132file-text
arrow-up11.78Karrow-down1imageIn the end, The Hill lied and Harris was right.locklemmy.worldLoduz_247@lemmy.world to People Twitter@sh.itjust.worksEnglish · edit-27 days agomessage-square355linkfedilinkfile-text
minus-squareValmond@lemmy.worldlinkfedilinkarrow-up13arrow-down1·6 days agoTrump: ok so stocks went down 50% because of me, but look since then it’s up 80% !!! Maga crowd: Yess, wooow!!!
minus-squareGeth@lemmy.dbzer0.comlinkfedilinkarrow-up23·6 days agoThere are absolutely lots of people that don’t understand that down 50% and up 80% means you just lost 10%.
minus-squareAtariDump@lemmy.worldlinkfedilinkarrow-up10·6 days agoFor anyone who’s like me (where math and I are not friends), if you start with $1 and drop 50%, that’s 50¢ Go up 80% from 50¢ and you’re at 90¢ Your original $1 is now worth 90¢.
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkarrow-up4arrow-down1·6 days agoYeah, my stocks are almost back to where they were at the beginning of the year, and it’s almost 100% due to Trump messing w/ tariffs. I’m not rich or anything, but seeing my retirement savings fluctuate at Trump’s whims doesn’t feel great.
Trump: ok so stocks went down 50% because of me, but look since then it’s up 80% !!!
Maga crowd: Yess, wooow!!!
There are absolutely lots of people that don’t understand that down 50% and up 80% means you just lost 10%.
For anyone who’s like me (where math and I are not friends), if you start with $1 and drop 50%, that’s 50¢
Go up 80% from 50¢ and you’re at 90¢
Your original $1 is now worth 90¢.
Yeah, my stocks are almost back to where they were at the beginning of the year, and it’s almost 100% due to Trump messing w/ tariffs. I’m not rich or anything, but seeing my retirement savings fluctuate at Trump’s whims doesn’t feel great.