this post was submitted on 06 Jun 2024
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This highlights how stock market plays a far bigger role in US economy than it does in China.

https://archive.ph/xx9j0

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[–] [email protected] 0 points 5 months ago* (last edited 5 months ago) (1 children)

Stock markets are to economics what bouncy castles are to architecture

[–] [email protected] 0 points 5 months ago
[–] [email protected] 0 points 5 months ago (1 children)

Ok, so fucking what? China could have no stock market whatsoever and still have a more productive and valuable economy than the US.

[–] [email protected] 0 points 5 months ago (1 children)

Right, I think this highlights how insane US economy is more than anything. The fact that stock market plays such a central role shows that the whole thing is a house of cards.

[–] [email protected] 0 points 5 months ago

Stock market is totally legit and not a giant ponzi scheme. Specially vulture capital

[–] [email protected] 0 points 5 months ago (1 children)

One of the most destructive lies that was sold to the American public was that the stock market = economy. Line goes up means good. Even when you're homeless, hungry, and sick.

[–] [email protected] 0 points 5 months ago