The boomer generation, born in the 40's - 60's had the stock market (S&P @ $8).
Its $5300 today).
That is 600,000% gains in their lifetime.
600,000%.
Those gains were mainly made by devaluing the dollar. Cutting all the decent income providing jobs of their employees and shipping them to 3rd world shit holes to raise margins and increase their stock prices.
Boomers are all about to croak. FJB wants to tax all their capital gains taxes to death. May as well crash the market before FJB and the Gov get their hands on it.... Oh, they plan on taking their piece in the inheritance tax anyways.
How about we stop focusing on propping up 600,000% markets and focus on rebuilding America's production/companies where one can actually work to make a living wage, support a family, own a house, car etc? - All of that can be done with a strong dollar and detaching the economy focus on 'stonk' prices/valuations.
When y’all finally sell is anyone thinking about going back in on other stocks that will be incredibly suppressed?
It looks like a possible win/win if you chose wisely
I don’t see the plan including wiping out the average American’s retirement and letting it stay that way for too long:
The boomer generation, born in the 40's - 60's had the stock market (S&P @ $8). Its $5300 today).
That is 600,000% gains in their lifetime.
600,000%.
Those gains were mainly made by devaluing the dollar. Cutting all the decent income providing jobs of their employees and shipping them to 3rd world shit holes to raise margins and increase their stock prices.
Boomers are all about to croak. FJB wants to tax all their capital gains taxes to death. May as well crash the market before FJB and the Gov get their hands on it.... Oh, they plan on taking their piece in the inheritance tax anyways.
How about we stop focusing on propping up 600,000% markets and focus on rebuilding America's production/companies where one can actually work to make a living wage, support a family, own a house, car etc? - All of that can be done with a strong dollar and detaching the economy focus on 'stonk' prices/valuations.