5 ms·
Really seems the other way though
by zeusk 3y ago
Really seems the other way though
- 5350-uiop-1130 3y agothis is why i think markets tend to do opposite of what i expect. for me, war is bad so i expect markets to go down...but instead they rally. because war is good for the 1%. markets are ultimately driven by the incentives and best interest of the monopolists. and there is always a monopoly whatever the political or economic system is called. the stock market rally this year which put S&P and Nasdaq at one point their best year since 1995 and 1970s was presented in the media heavily as an AI narrative rally. but you can see the markets started rallying (and diverged from most other markets) on the exact day that the BTFP (bank term funding program/shadow liquidity) was announced to bailout SVB and provide another money spigot for bankers to yolo into.
- lukifer 3y agoLieutenant Jadzia Dax: As the 34th Rule of Acquisition states, "Peace is good for business". Quark: That's the 35th Rule. Lieutenant Jadzia Dax : Oh, you're right. What's the 34th? Quark: "War is good for business". It's easy to get them confused.
- k12sosse 3y agoRule 34 is very different "in my day, Son."