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“It sucks to lose your savings but this is just how the free market is“ There is no free market. It gets constantly manipulated to the benefit of favored group
by Ididntdothis 6y ago
“It sucks to lose your savings but this is just how the free market is“
There is no free market. It gets constantly manipulated to the benefit of favored groups. 2008 made this very blatant and we see the same thing now again. And the little guy is certainly not part of the favored groups.
- helen___keller 6y agoWell, that's true. Maybe I should have said, "that's just how the free* market is" If you're a retail investor, nobody's coming to bail you out. Diversify or face the consequences of your leveraged risk assets collapsing.