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by outside1234 497 days ago
It is a good question. Hopefully we get an answer before we are all bankrupt.

No idea why the markets aren't in freefall at this point.

3 comments

I guess the markets think we'll get an answer before a full collapse
I'm skeptical that billionaires will tank the very thing from which all their wealth is derived, at least not long term. We will continue to see tremendous short term volatility.
> at least not long term.

But this is the very thing. In every single financial crisis, the uber wealthy accumulate even more at the expense of everyone else that is loosing everything.

Yes - they have the resources to buy the crashing things at a discount.
Where would you park your money rather than US equities?