• lemmy_outta_here@lemmy.world
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    4 days ago

    But if you’re heavily invested in the stock bubble market, your net worth has never been higher. the economy is only bad for the bottom half. that’s why trump is still in power - the well-to-do aren’t hurting and the elites are getting everything they ever wanted.

    • Viking_Hippie@lemmy.dbzer0.com
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      4 days ago

      But if you’re heavily invested in the stock bubble market, your net worth has never been higher

      As long as you’re on the inside track that gets told right before the Mango Mussolini makes an announcement

      the economy is only bad for the bottom half 90%

      Fixed it for you.

      the well-to-do aren’t hurting and the elites are getting everything they ever wanted.

      Most of the well-to-do are hurting but in denial and/or doing pathological levels of sunk cost fallacy based thinking.

      Only the richest .1% and the ones in the innermost circle (between which there’s obviously a lot of overlap) are going to come out of the next couple years unscathed.

      And that’s naively assuming that they’re going to obey the constitution wrt presidential term limits and free elections.

    • SaveTheTuaHawk@lemmy.ca
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      3 days ago

      LOL…kids…we went through all this in 2007…all the boomers retired early and the markets were too big to fail.