Once again, it’s important to remember that the stock market long ago ceased to be linked to a rational valuation of the companies listed and is just a mood ring for rich people.

RE: https://bsky.app/profile/did:plc:lm4eq2cftwbnrmzkzowigpt7/post/3mhpymbhcvk22
It’s a great insight, though, as to how Trump”s kept the grift up as long as he has. At first he says stuff people want to believe, and then when everything goes to shit people *have* to believe when he says he’s going to fix it, or the have to confront the fact they were rubes in the first place.
it’s like he’s got a skeleton key to where everyone stores their ego death.

@johnrogers.bsky.social This is an amazing sentence.

And, unfortunately, true.