Its still fantasy money. Sure the effects are real but unless the system is overhauled no one here is going to do anything about it. May as well laugh otherwise you’re crying and ripping your hair out in a corner.
Yeah, no one is saying they aren’t but these “major” losses aren’t. The top 1% of wealth owns over 50% of the market the bottom 50% owns less than 1%. To a vast majority stock losses aren’t meaningful until it affects their job. We all know theres a bubble and just hope that there can be improvements after the pop.
Its still fantasy money. Sure the effects are real but unless the system is overhauled no one here is going to do anything about it. May as well laugh otherwise you’re crying and ripping your hair out in a corner.
So we agree? The effects from this bubble with be real to us on the ground?
Yeah, no one is saying they aren’t but these “major” losses aren’t. The top 1% of wealth owns over 50% of the market the bottom 50% owns less than 1%. To a vast majority stock losses aren’t meaningful until it affects their job. We all know theres a bubble and just hope that there can be improvements after the pop.