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36
Too many worship this Golden Calf, when are we going to stop telling the suffering American people that everything is great because the stock market is doing so well? (media.greatawakening.win)
posted 59 days ago by Nurikee 59 days ago by Nurikee +36 / -0
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▲ 7 ▼
– bubble_bursts 7 points 59 days ago +7 / -0

Stock market that reflects the true productivity of the real economy is indeed a great thing, and thats what we are seeing right now and hence we have every reason to rejoice. Not everything is perfect, but the foundation has been fixed with Trump 47's for agenda so far.

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– Nurikee [S] 10 points 59 days ago +10 / -0

I dont agree with the stock market being a good judge of how well we are doing. I think its boils the issue down to one simple number that is easy to post in headlines. But the news and politicians love simple facts they can blurt out to control how people think. Only 21% of Americans hold stock, so you are pretty much speaking to boomers mostly. Stop focusing on boomers and start think about future generations if you want this world to get better.

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▲ 2 ▼
– bubble_bursts 2 points 58 days ago +2 / -0

Only 21% of Americans hold stock, so you are pretty much speaking to boomers mostly.

There is a misconception that the stock market benefits people only if they hold stocks. In a real economy and a real free market, when the companies are doing well and the economy is productive, the stock market goes up. This is an indicator that the economy is doing well, which means people have good jobs and earning well. That is the reason why stock market would be a good indicator of prosperity in a free market and real economy.'

Stop focusing on boomers and start think about future generations if you want this world to get better.

This is another misconception. Anyone who is working and has 401k is exposed to the economy, and will benefit from a throbbing economy as indicated by a higher stock market.

Stop thinking along the communist lines, just because capitalism was corrupted all these years and start focusing on how great it is to bring the economy back to real productivity, and how amazing a job Trump has done do far that he can even prosecute the attack on Iran, and closure of Hormuz etc, without the economy taking much of a blip.

This is just a preview. When all the strings are cut from the world, what you will see will be amazing.

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▲ 2 ▼
– proforma1 2 points 58 days ago +2 / -0

How true your words are. I can not to see what the world does when the strings are cut!

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▲ 2 ▼
– bubble_bursts 2 points 58 days ago +2 / -0

My fren, we are blessed to be alive in this moment, this is one in a civilisational event

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– proforma1 2 points 57 days ago +2 / -0

I do agree with you.

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– WhyAserverWasBuilt 1 point 58 days ago +1 / -0

We don't have a real market yet

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– bubble_bursts 1 point 58 days ago +1 / -0

Its getting there even as we speak. Everything Trump is doing is paving the way for it.

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– 208-RZ 5 points 58 days ago +5 / -0

Exactly this.

The stock markets have been corrupted by short selling and insider fuckery. Done right, done morally, a stock market is a thing of beauty that increases the wealth and prosperity of an entire nation exponentially.

Like fiat currency, if done morally it is pure genius. If corruption is allowed to exist national wealth and prosperity become national poverty and despair... as we see.

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▲ 2 ▼
– bubble_bursts 2 points 58 days ago +2 / -0

The stock markets have been corrupted by short selling and insider fuckery.

Yes, and the short selling and insider fuckery is just a symptom of a much bigger problem - deindustrialization and hollowing out of the economy by design for global enslavement. When we have prosperous real economy, there wont even be a motivation for these fuckeries.

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▲ 3 ▼
– Plebbitimmigrant 3 points 59 days ago +3 / -0

The stock market is an easy metric to point to and claim a win. It’s arbitrary and speculative. Significant parts of it are heavily overvalued for no real reason beyond people arbitrarily decided they were. They aren’t linked to actual value of a company or its physical assets. It’s also an unspoken secondary factor driving inflation.

The actual problems aren’t anywhere near as easy to solve as boosting the stock market so things look better on paper. And are resistant to being solved. Partly because a lot of very wealthy and very powerful people have vested interests in them not being solved. Partly because private interests successfully convinced people that seriously asking questions about their Business practices and the necessity of some of them was akin to be a card carrying communist/Socialist. And in tackling those problems. It clearly means your Anti-Market.

But the population wants quick dopamine hits and easy victories. Hence pointing at number go up. Lengthy nuanced technical discussions about economic issues are beyond most.

Though one must also seriously question why we’ve essentially been stuck at Keyenisian Economics versus Austrian School Economics for over a century and Economics as a field was essentially year zeroed to 1900. Was there no serious trade before 1900? What was the dominate schools of thought before Keynes and Mises?

They also fund both the Pro and Anti-regulation sides as well. So they always come out on top. Regardless of who starts winning the debate policy wise.

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▲ 4 ▼
– Nurikee [S] 4 points 59 days ago +4 / -0

I feel the issue with always pointing to the stock market as a win is a problem because it signals to people that we are treating companies the correct way to help and support the American people and the world. It signals that if you cut corners on products and poison food with cheaper ingredients, mass layoff people and keep workers at sub par wages for decades that you are correct. "Profits over people" is the motto of the stock market and that culture needs to change and it will never change if we treat the stock market as the idol we currently do.

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– PatriotDawg 2 points 58 days ago +2 / -0

I'm very involved with the market. The fuckery has not been dealt with. Naked shorts, market manipulation by media, and insider trading are still ruling the day.

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– TaQo 2 points 58 days ago +2 / -0

Wall Street vs Main Street...

While some on Main Street may hold stock or their precious 401k, the whole trickle down effect has essentially become them pissing over the fence, while telling us it's raining money. Can you feel it? It's the "golden shower age!"

Meanwhile... large companies keep getting larger, gobbling up smaller ones and EXTREME PHUCKERY is taking place via private equity firms, COMPLETELY hollowing out a HUGE chunk of brick and mortar companies that have been a staple of our economy for a long time.

It's affecting areas that touch our daily lives more than you think... Take something as bread and butter as brake pads...Raybestos, known for quality parts - now completely fkd by private equity... and a HUGE list of other companies - same thing. So many things that were of known quantity or quality, are now no different than chinky bullshit on Amazon.

What many pointing to stock numbers are completely missing, are the grassroots jobs, industries and businesses that are dying because there's not enough money on Main Street to support them. Illegals, Obongo care mandates, 2008+, c19, regulations etc have choked out a HUGE number of small businesses... Death by a thousand cuts. This also extends to job availability as well... Just trade in your coders outfit for an electrician's outfit and you're all set - just like that - You're 55, white and suddenly an apprentice... again...All those jobs tho, right?

How's your side hustle going? Pfft... right...

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▲ 1 ▼
– Nurikee [S] 1 point 59 days ago +1 / -0

If you are upset with how companies are now days its because the real customer is the share holders. CEOs make choices based on share gains not on how to make the product better for the users. Companies dont spend gains on the product or the employees they spend it on stock buy backs to help share holders and the CEO and upper level exec with shares. Regan is to blame for allowing stock buy backs, Trump needs to change it back to being illegal or tax stock buybacks at a crazy high amount.

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– GodBlessAmerica58 1 point 58 days ago +1 / -0

My pet peeve is how people think inflation slowed so everything is great! Many of us are suffering the effects of past inflation. A 20,000 dollar car from 10 years ago that costs 50,000 today, but isn't going up another 2,000 this year is still 50,000...

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– theW0knessHurts 1 point 58 days ago +1 / -0

I'm fairly certain it's a bronze statue, but okay

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– Nurikee [S] 1 point 58 days ago +1 / -0

Im aware, I picked the most golden image i could find for the metaphor. Not everything needs to be literal unless you are down with the tism :P

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