Roughly $11.1 trillion has been wiped away from the U.S. stock market since Jan. 17, the Friday before President Donald Trump took the oath of office and began his second term, according to data from Dow Jones Market Data.
Some $6.6 trillion of that figure was lost on Thursday and Friday alone — the largest two-day wipeout of shareholder value on record, Dow Jones data showed.
I’m sorry to tell you but everyone is screwed except the billionairs who will just buy everything for pennies on the dollar. What do you think companies will do when their stocks are crashing? They will lay off more people until they inevitably go belly up and then all of those people are out of jobs. Shit is about to get real.