Loduz_247@lemmy.world to People Twitter@sh.itjust.worksEnglish · edit-23 months agoIn the end, The Hill lied and Harris was right.lemmy.worldexternal-linkmessage-square359linkfedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1external-linkIn the end, The Hill lied and Harris was right.lemmy.worldLoduz_247@lemmy.world to People Twitter@sh.itjust.worksEnglish · edit-23 months agomessage-square359linkfedilinkfile-text
minus-squareValmond@lemmy.worldlinkfedilinkarrow-up0·3 months 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-up0·3 months 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-up0·3 months 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-up0·3 months 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.