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Over $1T of stock value was destroyed overnight as a result of recent actions by the US. More is likely to come.

I feel not for the investors, but for the millions of people who work in farming, shipping, retail, and manufacturing worldwide whose livelihoods will be negatively affected by these pointless and destructive actions.

The only silver lining is that, having read Piketty, I understand that a lot of capital just needs to be burned if we are to have a chance to preserve democracy.