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I would argue that public securities and the stock market is exactly what provides sustainability and long term job creation.
by matt_wulfeck 10y ago
I would argue that public securities and the stock market is exactly what provides sustainability and long term job creation.
- coliveira 10y agoWrong. The stock market doesn't care about job creation. They care about wealth creation, which is mostly concentrated in the hands of a few. In fact, wall street loves when firms lay off workers. If every firm out there laid off 50% or their workers the price of stocks would greatly increase, because then more money would go directly to the hands of shareholders.