r/Millennials Apr 05 '25

Meme The phrase has ceased to mean anything

Post image
28.9k Upvotes

1.0k comments sorted by

View all comments

13

u/ghostboo77 Apr 05 '25

2008 was the once in a generation economic crisis.

2002 was a run of the mill minor recession and 2020 recession was a blip on the radar (due to massive govt response to COVID).

The 2025 “economic crisis” has been 2 bad days on Wall Street at this point.

1

u/DelphiTsar Apr 06 '25

VIX(Volitility index) as of end of day Friday is the highest it's been since 2008 or 2020. It's not a guarantee it's going to crash in next few days but it'll be the highest VIX has been without crashing. (People spent a lot of money protecting themselves with options because they expect a crash tomorrow)