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You could just be giving out relevant info, but it’s worth saying all of our money being in a speculative market while the real economy has seemingly shattered is actually really bad lol
For context 50,000 was hit for the first time in history this month, and is near the all-time high.
1 upvote, 21 comments. Yik Yak image post by Anonymous in US Politics. "For context 50,000 was hit for the first time in history this month, and is near the all-time high."
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Anonymous 1w

it’s hard to say tbh. like something is happening for once. we’ve not tread these waters before. usually the bottom would’ve fallen out by now, like before his election w how this bubble has been. if everything works out fine then great, if not, i may be able to retire

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Anonymous 1w

The stock market is not speculative in the long term, and only a fraction of the total wealth in the economy at large is in the stock market.

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Anonymous 1w

I need to know how bad it’s going to tank when the ai bubble finally pops

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Anonymous replying to -> #1 1w

Why would you be able to retire if things went poorly lol

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Anonymous replying to -> OP 1w

i could actually buy low. it’s very odd to me that economy clowns and finance bros can sit there and talk about exponential growth of portfolios but when we have clear evidence of the same trend being present on a larger scale, it’s somehow worrisome

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Anonymous replying to -> #1 1w

Okay but what if you buy low and it just sinks lmao

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Anonymous replying to -> OP 1w

at the point of buying in where i’d consider the next realistic crash low, it would be fine. at the point of even more dramatic downturn, then everything collapses anyways and what use is monopoly money if i’m gonna need by gun to go buy milk

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Anonymous replying to -> #3 1w

that’s the question lol. at a baseline we could probs guess first term DOWJ peaks at a minimum. all AI growth didn’t really start till Biden but it’s gonna hit hard enough that we will likely see 2016 prices. at least in tech tbh it kinda becomes a question of how much will turn into state ran shit just so it has money to keep going, like cell and internet infrastructure. the floor shoudlve dropped out at any point in the last ~3 years so we are in rather uncharted territory

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Anonymous replying to -> #1 1w

we aren’t seeing super positive indicators of the economy on the ground level but we also just broke 50k on the DOW last week. it’s hard to say. retail consumer isn’t really slowing down despite job growth not keeping up. platforms like Klarna are really fucking things. makes it all feel fine but if everyone is putting their chipotle on layaway and can’t find work then it has to give at some point federally backed infrastructure will be a saving angel bc it’s gonna be the only way we

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Anonymous replying to -> #1 1w

support such a large and relatively illiterate class of new workers coming out of Gen Z. but how likely are we to recover and how deep will it get? if it sticks to a post Obama stock market i think we could recover. if we fall in the realm of or past 2008… don’t forget your shotgun on the next grocery run

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Anonymous replying to -> #1 1w

tbh when everything crashes, we should not be trying to revive it. we could actually try to build something better and imo that includes getting rid of the stock market entirely.

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Anonymous replying to -> #4 1w

i mean you can take it away at any point but it really only hurts the little guys. people with value are gonna go help and invest in others one way or another. the stock market is just a medium for value exchange and has an easy to use means of making transactions (USD) we can go back to trade at any point, and many do still just trade. it just takes away the opportunity from those without the means to trade (workers). are also gonna see a major breakdown of supply chain that way, not good

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Anonymous replying to -> #1 1w

I’m talking about overhauling the primary socioeconomic structure of the nation, forcibly if need be. if things remain under capitalism, you’re absolutely right; but why do we have to retain capitalism? maybe it’s natural lifecycle is finally coming to an end, as has nearly all previous systems that preceded it; I think that we should help that end along, rather than try to extend it. I fully agree about the richest amongst us, and the solidarity they have - but in a just world there would

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Anonymous replying to -> #4 1w

not be this level of wealth disparity and concentration

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