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by tenpies
2299 days ago
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It could be taught within the context of economics: > The asset bubble of the late 2010s was finally popped by a minor pandemic, initiating the Final Great Recession of 2020. The Final Great Recession led to the abolishment of all Central Banks and the outlawing of all public stock markets. Strong nationalist economic policies characterized the remainder of the decade. |
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John and Jane Q. Public will go back to hating the stock market like they did 2008-2015, shortly after thinking they were smart to rent not buy a home so they can put more money in their Robinhood account. Meanwhile the big players will accumulate, things will go back to normal by this time next year, and John and Jane Q. Public will be saving rainy day money they will eventually use to FOMO back in on the same shares $RICHGUY bought from them at the lows. This is the American way.