3 ms·
The bigger point is.. who the f cares? This obsession with the stock market is probably one of the worst inventions in human history.
by eatsyourtacos 3y ago
The bigger point is.. who the f cares? This obsession with the stock market is probably one of the worst inventions in human history.
- Supermancho 3y ago> The bigger point is.. who the f cares? Investment firms and other orgs with large amounts of money, seeking what they always seek. More money. As I understand it, banks invested heavily in bonds which give under 2% return, but because of the cheap 5% bonds, they can't even dump them to capitalize on the 5%, because nobody wants to buy the old 2%. https://www.youtube.com/watch?v=sixGjiYSxAk https://www.youtube.com/watch?v=sixGjiYSxAk
- sneed_chucker 3y agoUnfortunately the life savings and retirement plans of most of the world's middle class is tied up in it.
- landemva 3y agoThe world, or the US? Government pensions are widespead in Europe. And middle class USA savings is paying down their house mortgage.
- sneed_chucker 3y agoWhat do you think government pensions are invested in?
- landemva 3y agoGovernment bonds, so no need for obsession with stock market.