/DE
What is the DOW? Is that just... the enite united states economy?
Really glad the Fed injected $1.5 trillion to stop the stock market collapse, which was conceptually like throwing a pillow into the path of an elephant falling off of the Empire State Building.pic.twitter.com/Paj2JJuyQm
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I think it's an average of a bunch of companies' stock prices that's supposed to represent the economy. Here's the wikipedia page https://en.m.wikipedia.org/wiki/Dow_Jones_Industrial_Average …
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Good lord! Yeah, I bet *nothing else* could've used those 1.5 trillion dollars....
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To be clear this is NOT the us govt spending 1.5 Trillion. This was an increase in the borrowing limits for banks
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Well... now is DOW-n Jones.
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what does that mean to the regular joes who are the victims of this?
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hmm let me run some calculations here... yeah it looks likepic.twitter.com/Y7jK5BErts
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I was following that today, and wondered where the one-hour blip came from before the market continued collapsing.
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Accurate metaphor
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