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What do you mean? Trillions move through the stock market every day from pensions, mutual funds, foreign governments, 401ks. And professional trading. I’m sure
by groundzeros2015 4mo ago
What do you mean? Trillions move through the stock market every day from pensions, mutual funds, foreign governments, 401ks. And professional trading.
I’m sure many immigrants had money on the IPO as well?
- Supermancho 4mo agoThe law, in its majestic equality, forbids rich and poor alike to sleep under bridges, to beg in the streets, and to steal their bread.
- groundzeros2015 4mo agoEqual treatment sounds good to me. Which point are you responding to?
- Supermancho 4mo ago> I’m sure many immigrants had money on the IPO as well? Either it's bad faith or you don't understand the implications. Either way, GL with whatever.
- groundzeros2015 4mo agoImmigrant groups like Chinese and Indians are more financially savvy and successful than the average American.
- Arodex 4mo agoThese trillions that go to SpaceX and whatnot are trillions that aren't going to building more homes, nor increasing wages. Not even as a second-order effect.
- philsquared_ 4mo agoThere is no "trillions that go into SpaceX". You and others seem to have a massive misunderstanding about how the stock market works... they could have sold 10 shares at $50 and still have a valuation in the trillions... Market cap does not mean they have that money in hand or even that it is being taken from someone else... They literally sold less than 5% of the total shares in the ipo by the way...