New York Mayor Eric Adams did not mince his words about his disapproval of what he called the large number of “nasty” Gen Z voters supporting Zhoran Mamdani, the democratic socialist candidate leading the race for NYC mayor.
New York Mayor Eric Adams did not mince his words about his disapproval of what he called the large number of “nasty” Gen Z voters supporting Zhoran Mamdani, the democratic socialist candidate leading the race for NYC mayor.
Actually Mamdani’s government would improve the country in a lot of ways, and would also be a big win for the economy of the owning class. That is because if people have more money, that stimulates consumption and that drives the economy forward. It’s like a big engine, you gotta put fuel in it to drive it.
the rich controls NYC, thats why they have a wierd prediliction towards republicans, or DINOs like adams, and cumuo.
Yeah, but you gotta think of the shareholder value for the next quarter! The Chinese think in decades. We don’t! Capitalism FTW, baby!
Who cares about the profits of tomorrow even if they would be 10x what they are today… the number went up today see… we are doing so good!!!
fuck the shareholders.
nobody actually cares about shareholders, the entire foundational idea around stock-markets was to essentially act as a liquidity trap, to seperate the new-rich from their $. and it was a resounding success.
as with many other things, most of the rest of the world regulated out the most glaring flaws in this setup so that it’s atleast somewhat functional, but certain rules/exceptions to rules exist within the american system that act as obscene advantages to insiders a/o old-money.
every single “crash” is by design, and the next rugpull won’t be too much longer now…
Don’t you mean the people with the closest and fastest connections so they can make pennies on trades before everyone else and make millions for basically no effort except some fancy stock trading algorithm they regularly update…
no, algos and day traders are just exit liquidity
there are very specific rule-differences between the US and EU stock markets, if you look up and really think about those differences and who benefits most from them…and what it’d look like (on the tape) when/if someone who understands those rules uses them against someone who doesn’t…
there’s a reason they say the stock market isnt the economy, the stock market originally started as a way to seperate “smart” gamblers from their $.
Bull markets, when there’s infinite liquidity, is when degenerate gamblers are running the price of everything up up up because they can, because ultimately the current spot-price is set by whoever is willing to risk the most $ at any given point.
But the more spot-price goes up beyond actual value…the more power and room the real $, whoever has the most capital and lowest cost-basis, has to rugpull those degenerate gamblers.
that is what market crashes are, the dukes clearing the degenerates off their table
the master stroke with the US is how expertly establishment politicians have tied the average US workers own wealth to that casino, 401k’s? a dem super-majority under Carter and Rockefeller set that up…enabled a constant stream of bagholding liquidity pumps.
Uncle Sam paying farmers to grow specific amounts of specific crops, then just…destroying them? that insures the farmers are reliant on them, enables the banks give them loans, and lets insiders control the Futures market to make a killing. then when it’s time to rug the farmers to steal their land (cause they can’t pay their loans) and sell it off to corporate interests…just switch the party-in-power and manufacture an economic crisis that cuts those subsidies (long history of doing that, all the way back to the great depression)
and when the whole house of cards crashes down? just have the government step and add it to sovereign debt crisis, there’s no plan to pay that off anyway afterall…the idea is inflate it away, and what does inflation (read liquidity…) feed into…the stock market, make those lines start going up again to reel in a new generation of suckers
it’s a big fucking club, and your not in it