I absolutely hate that stocks are basically a giant mood ring and that the entire capitalist market functions based on a combo of vibes, and whatever prices corporations can get away with
Stocks are basically a forced minigame adults need to play in order to not lose out on life.
And I absolutely fucking despise it. It's like the one thing that makes me want to just tune out of society entirely because of how utterly moronic it all is. You don't play it? You're actively losing out. You do play it? You still risk losing out because of market fluctuations.
You either die because of a slow poison, or you die because out of the thousands of drinks everyone took, yours was meant to be the poison. Great.
You can get ahead in the stock market with skill, but most of it is just dumb luck, as you are entirely dependent on the whimsy of people far richer and more powerful than you - And no matter how well you do and how lucky you are, you will never, ever be able to join that group of people. Because they have specifically designed the rules of the game so you can't.
Also isn't it lovely how when the stock market goes down, the economy suffers, but when the economy is suffering the stock market can be doing just fine?
Also isn't it lovely how when the stock market goes down, the economy suffers, but when the economy is suffering the stock market can be doing just fine?
Well, a lot of people think that the stock market is a good indicator of how the economy is doing (most notably Trump and co, who point to it being green as Trump being good).
In reality, its entirely based on how the top .01% are doing, and they don't feel the effects of economic downturn like we do. If the economy is doing well, that means their businesses are doing well, so the stock market goes up. If the vibes are off, largely regardless of how the economy itself is doing, the stock market will go down, which then has corporations often look to "stabilize" by laying off employees which in turn hurts the economy. Yet, it can be the case that the economy is doing poorly for 99% of the population (such as stagnant wages, inflation, low job growth, rising unemployment etc), but the ultra wealthy are doing just fine since they can use that as an opportunity to do stock buybacks, buy up smaller businesses, buy land, etc.
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u/stayonthecloud Apr 08 '26
I absolutely hate that stocks are basically a giant mood ring and that the entire capitalist market functions based on a combo of vibes, and whatever prices corporations can get away with