If you want to see corruption in plain view look at tesla stock. It was already super overvalued, now the brand reputation is in the dumpster, they are being surpassed in every area by competitors, sales dropping across the globe, yet the stock goes up 10% today.
The stock market is so broken it doesn’t even make sense anymore. Things are going to come crashing down the worst we have ever seen in history. The whole US government is being turned into a Ponzi scheme, eventually its all just going to crash hard, everything is fake numbers right now.
I’m assuming it’s people thinking it’ll go up again so buy it while it’s cheap. Momentum has to continue against the company so those who bought in now are punished.
But you’re right, the stock market is gambling that produces nothing for the world. Trickle down transaction fees at best, tempting retirees to waste their retirement money at worse.
If you want to see corruption in plain view look at tesla stock. It was already super overvalued, now the brand reputation is in the dumpster, they are being surpassed in every area by competitors, sales dropping across the globe, yet the stock goes up 10% today.
The stock market is so broken it doesn’t even make sense anymore. Things are going to come crashing down the worst we have ever seen in history. The whole US government is being turned into a Ponzi scheme, eventually its all just going to crash hard, everything is fake numbers right now.
I’m assuming it’s people thinking it’ll go up again so buy it while it’s cheap. Momentum has to continue against the company so those who bought in now are punished.
But you’re right, the stock market is gambling that produces nothing for the world. Trickle down transaction fees at best, tempting retirees to waste their retirement money at worse.
Dead cat bounce , or I sure fucking hope it is, who knows anymore, this timeline is fucking stupid.
https://en.m.wikipedia.org/wiki/Dead_cat_bounce
It’s the pump before the dump. They told the plebs to buy while the executives unload shares.
Potus selling Teslas on the White House lawn will do that.
It is also annoying as fuck when you think our pensions depends on the same idiots who make decisions to buy Tesla shares.