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The whole world was going through an immense and generationally unprecedented crisis in 2020-2021-2022, still the financial markets were booming. That's the sta
by piva00 3y ago
The whole world was going through an immense and generationally unprecedented crisis in 2020-2021-2022, still the financial markets were booming. That's the state of late-stage capitalism, finance is becoming more and more detached from reality. Bubbles also look like the market is doing well until it explodes, trying to derive any picture of the real world through the prices of stocks is an exercise in futility.