• HubertManne@piefed.social
    link
    fedilink
    English
    arrow-up
    6
    arrow-down
    1
    ·
    1 month ago

    another huge problem with the stock market is when they privatized retirement you have no thought investment. Huge amounts of the market value is due to there being nothing else to do with the money. Most of the extreme wealthy can’t do anything with their money so they throw it in and then retirement can’t be used until retirement so its thrown in. Only a really small set of investors are analyzing companies for actual profit potential. Its why the whole thing is such a house of cards now.