XPost: alt.fan.rush-limbaugh, or.politics   
   From: recscuba_google@huntzinger.com   
      
   On 4/6/25 12:19, Governor Swill wrote:   
   > On Sun, 6 Apr 2025 03:53:07 -0600, Skeeter  wrote:   
   >   
   >> Baxter wrote:   
   >    
   >>> The stock market has lost $9Trillion since tRump took over.   
   >>   
   >> Nope.   
   >   
   > Yep.  The S&P alone has lost 5T as of friday afternoon.  Banks are   
   > making margin calls on hedge funds.  That's how deeply the markets   
   > have dropped.   
      
   Based on world markets (some are -9%) and tomorrow's current Futures for   
   the USA (-5.5%), its looking like yet another bloodbath tomorrow too.   
      
   Plus this weekend, some US corporations have had enough and have gotten   
   their lawyers busy:  on 4/4, Howmet Aerospace (HWM.N) notified their   
   customers that they've declared a "force majeure" event.   
      
   That's a legal term and practice which is like "Act of God" in that it   
   allows a company to invalidate obligations in existing contracts.   
      
   TL;DR:  its a **big** legal move.   
      
      
      
   -hh   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)