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That's not what I've said. I'm not a financial expert by any means but I think the stock market has proved again and again that it is not reliable and can be ma
by CyberRage 5y ago
That's not what I've said. I'm not a financial expert by any means but I think the stock market has proved again and again that it is not reliable and can be manipulated easily.
People short-squeezing stocks, shooting their "value" by 30x in 2 hours making them millionaires.
Hedge funds manipulating stocks to meet their portfolios
IPO's in billions of dollars for new, non-profitable startups just because of hype. when you look at the balance sheet it makes no sense.
The market is volatile and inflated, it is as clear as day.
Whether there will be a crash? that's beyond my level.
- tluyben2 5y agoIt will crash, predicting when is something else. I was correct in 2001 and 2008 but I was wrong in the past years as the market has been overheated for quite a while (I thought we would've crashed already) and both in stocks and recently in crypto, I have been hearing 'this is the new normal, all is different this time around'. Which is what people always say just before the carpet gets pulled.