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Joined 2 years ago
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Cake day: July 6th, 2023

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  • I mean that’s part of the thing right? “Who dares wins” is a great mantra until you lose. Nobody can predict the future so a lot of times the greed carries out until it’s literally irreversible. That’s why it’s so important to have people on the other end defending from the greed, from the people that will hoard and take until they die on their pile of gold.

    At least for the US there is always a feeling of doom and worry and “it’s going to pop” but until it actually does, the greed will continue to take. That’s part of the system for better or worse. It can’t be stopped, but defending the people from the repercussions of that greed is what we have to do.

    There’s always someone that will try to bring too much on the lifeboat. Rules are needed to stop them from sinking the whole ship.


  • As others have said, the stock market has little to do with reality. It’s focused on money and business reports. As long as companies are showing profits, the stock market literally doesn’t care.

    Something only hits it when businesses hit it. Look at today’s market. Walmart posted bad futures and the whole market recoiled (only a bit but still).

    There’s also just the denial phase. Lots of people, at lots of levels, are dependent on the stock market for their own finances. Literally everyone with a 401k has an interest in the market doing well. Saying “welp, we’re fucked” is just not something that anyone wants to put towards wall street. It’s why we have market “crashes”, because people hold out until the water covers the bow of the sinking shop then they freak out and bail out at the last second.