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Capitalism as we know it so far only reacts after a crash happens because of the fear of crashing the economy with any corrective action. My very personal opini
by bgnn 1y ago
Capitalism as we know it so far only reacts after a crash happens because of the fear of crashing the economy with any corrective action. My very personal opinion is this is more psychological than scientific.
- Jensson 1y agoNo, the reason is because these "crashes" are very small so on average you lose more trying to avoid them than just staying invested. The emotional part is trying to avoid them, the rational part isn't.
- mschuster91 1y ago> Capitalism as we know it so far only reacts after a crash happens because of the fear of crashing the economy with any corrective action. Inevitable when you tie the pension of people to the performance of the stonk markets.