Stock Market has lost $7.6T since Biden "took office".
(twitter.com)
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money is never really "lost" per se, but merely transferred.
pffft thats just a number. normies don't notice problems till you turn off their internet. in their world usa is doing a-ok, you racist climate denying non-college educated hillbilly. we are cancelling student the world is safe and secure.
Not quite true. When I get my quarterly statement in the mail, I see that I lost more than 50% of my IRA. That’s over a third of a million to me. I don’t mind the loss as long as we bring every member of the Deep State Cabal to justice.
Xiden's handlers have definitely done as much damage to the US economy as they could. However, the stock market has been used by the bankers to try to control and destroy the US and world economy. The amount of money and talent being poured into the stock market is not remotely proportional to value it has to the economy. A value which is very limited when it works properly. As it works now, it only serves to destabilize the economy (instead of stabilizing it as it's supposed to) and transfer wealth from everyone to the oligarchs doing far more harm than good.
The "stock market" is a way for bankers and the government to get people to willingly throw their money away to finance all the evil shit they do.
That is a part of it. Another part of it is to create booms and busts in the economy so during the busts, the government can transfer wealth from everyone to the people they want and this is usually unwillingly as these corrupt bailouts are almost always unpopular with everyone (both left and right), and yet they keep happening.
Hedgies r fukt.