This is how I’m starting to see it too. Stock market is just the gambling statistics of the ownership class. Line goes down and we’re supposed to pretend it’s harder to grow food and build houses all of a sudden.
There’s a difference. If I go and gamble away my life savings, then I’m on the street. If they gamble away their investments, the government will say ‘poor thing’ and give them money to keep the economy ok.
Tbf at this point corporate economy is made up anyway so as long as investors are gambling their endless generational wealth does it matter?
This is how I’m starting to see it too. Stock market is just the gambling statistics of the ownership class. Line goes down and we’re supposed to pretend it’s harder to grow food and build houses all of a sudden.
There’s a difference. If I go and gamble away my life savings, then I’m on the street. If they gamble away their investments, the government will say ‘poor thing’ and give them money to keep the economy ok.