Conservative pundit Dave Rubin branded ‘a complete imbecile’ after struggling to identify single positive from president’s second term on YouTube debate show Surrounded
And it’s mostly down if you calculate inflation correctly. NVDA, TSLA, MSFT and now anthropic priced like Walmart are all green 😂 AI bubble gonna turn it all red
Even before Steve Jobs created and popularized(poisoned?) the IPO gold rush technique all VC money now attempts to redo with every startup, and before Jack Welch turned every American company into entities that primary gain value through stock value manipulation not actually doing a business, and before Reagan had thoroughly rat fucked the American financial system to be a pure engine of capitalistic wealth and power consolidation it is today, it was still at best a scoreboard
🙄 The stock market is not an economic gauge
And it’s mostly down if you calculate inflation correctly. NVDA, TSLA, MSFT and now anthropic priced like Walmart are all green 😂 AI bubble gonna turn it all red
Its a misery index of how much wealth can be extracted from the working class.
Even before Steve Jobs created and popularized(poisoned?) the IPO gold rush technique all VC money now attempts to redo with every startup, and before Jack Welch turned every American company into entities that primary gain value through stock value manipulation not actually doing a business, and before Reagan had thoroughly rat fucked the American financial system to be a pure engine of capitalistic wealth and power consolidation it is today, it was still at best a scoreboard
More a reflection of inflation.
FTFY
It’s an economic gauge for the small segment of society that gets more income from investments than they do from wages.
According to prolapse Bondi it is.