TL;DR

The White House dismisses market instability as “minor volatility” while ordinary people like John see their savings disappear. History repeats itself—those in power downplay risks, and the average person suffers.

Story

“Real economy” my foot. John, a retired factory worker, watched his modest savings dwindle as the market tumbled. The White House, meanwhile, assured everyone it was just “a little volatility.” Sounds familiar? It’s the same song and dance as always.

‣ “Real economy”: Politician-speak for “things we can take credit for” while ignoring the market mess.

Bessent’s words echo past crises. Remember 2008? The subprime mortgage crisis? Those in power downplayed the warning signs then, too. Now, they’re brushing off market dips while trade wars and inflation loom. It’s like watching a slow-motion train wreck.

‣ Inflation: When your dollar buys less. Like paying double for the same loaf of bread.

John’s story isn’t unique. Millions are seeing their retirement dreams evaporate. But hey, at least the “real economy” is doing great, right? This isn’t about Biden or Trump; it’s about a system rigged against the average Joe. History repeats itself, and the little guy always pays the price.

‣ Rigged system: Like a casino where the house always wins, no matter how well you play.

Advice

Don’t trust politicians’ reassurances. Diversify your investments and prepare for the worst. History shows us that hoping for the best is a fool’s game.

Source

https://www.reddit.com/r/stocks/comments/1jal252/treasury_secretary_bessent_said_the_white_house/