young man yells at the cloud
S.T.E.F.A.N.The thing I love about the stock market is that when it does well, I don’t get anything, but if it does bad, everything pays less and costs more.
Guillotine Jones, Flâneur@StefanThinks
Wondering if you're just being sarcastic with this post Stefan.
Katsura003@StefanThinks untrue, ifthe stock market does well tendetially means that enterprices are getting more profitable (or at least this is the aspectstive of people about it), that means that jobs are being created and society's getting benefits from it (sorry for broken english)
Morgan ⚧️@Katsura003 @StefanThinks that's a myth the capitalists tell so people let them get away with capitalism. Just like trickle down economics--the wealth doesn't trickle down, it's hoarded. When line go down, they do job cuts. When line go up, at best they hire a few more people. They never make up for previous cuts, because they've discovered how few overworked employees they can get away with staffing. Many stores have been consistently understaffed since the start of the pandemic where I am.
@raphaelmorgan @StefanThinks stock market doesn't rely on enterprises worth, but on the "aspectative that investors have about the profitability of an enterprise", and that thing goes up or down fastly.
If you read balance sheets of enterprises you notice that they gets debt/invest their proficts to invest, and this make more people to work.
If you read balance sheets of enterprises you notice that they gets debt/invest their proficts to invest, and this make more people to work.
mancube
Clutha🏴🇸🇩🇺🇦@StefanThinks
Many moons ago I thought it would be cool to buy a few Brewdog shares for the grandkids and just let them do their thing.
Apparently they’re now worthless.
Lesson learned, use a stockbroker.
Many moons ago I thought it would be cool to buy a few Brewdog shares for the grandkids and just let them do their thing.
Apparently they’re now worthless.
Lesson learned, use a stockbroker.
Nazo@StefanThinks I'm getting legitimately tired of all the media and really even just most people in general acting like the stock market in any way directly reflects "the economy." Stocks are up? Well, the economy must be doing great then! Except for us normal people, no matter what stocks are doing, the actual real economy is that we're spending more and making less.
Jesse@nazokiyoubinbou @StefanThinks if the stock market is up it's because companies are expected to make more profit, this usually means that workers are expected to be exploited more.
If the stock market goes down, that means that companies aren't exploiting workers enough and thus wages must be reduced to maintain a level of exploitation(profitability).
It's bad either way.