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by me_me_me
2141 days ago
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we are in global pandemic, were a lot of people lost jobs, or quality of life decreased. Despite this stock market is doing well. The only conclusion I can see is that the stock market is completely decoupled from real life. Biggest parties participating in it are completely unaffected by reality of majority of population. The same people who are rabidly shouting bitcoin is a pyramid scheme are buying stock of companies not because they trust its a good business model, but because its a a unicorn that will 2x in value for quick sale profit. |
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