Comments by "whyamimrpink78" (@whyamimrpink78) on "Stock Market Plunges" video.

  1. "I need to stop looking at left wing videos when it comes to economic issues. The facepalmery is legendary with Kyle's fans." It is more comical than anything, especially now since I am taking a graduate level economics course.
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  2. "This is NOT a normal drop 2300 points in a week is a liquidation." Put it in percentages, this has happened more than what you think. A 4.6% drop has happened a lot. https://slate.com/business/2018/02/please-dont-panic-about-the-stock-market.html
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  3. 4.6% is not a crash. In fact, that is a low decline.
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  4. Very deceptive. To start, in percentage this drop is actually low. There have been many drops that were much higher percentage wise no one talks about. Stocks go up, stocks go down. The fact they were so high to begin with led to a low drop, percent wise. Next, some of this is due to wages going up and the interest rate going up. This is fine and not a sign the economy is going bad.
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  5. Except this is not a "massive crash". We have seen much worse in terms of percentage. This is actually, at best, normal.
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  6. Under Trump there will be no bailout. Also, this is not a crash. In terms of percent this decline is not bad.
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  7. Capitalism is about allowing people to use their resources as they please. It isn't about "endless growth".
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