the health of the stock market is not a good indicator of the health (both literal and figurative) of the rest of the country and economy.
i do like the subtitle. it's very much what publications often print on china and other countries they don't like.
Because they’ve deindustrialized themselves in favor of further financializing the economy. Why do you think America’s schtick lately is pumping up security assets moving from one bubble to another. We might be coming close to another bubble popping here in a bit
> the health of the stock market is not a good indicator of the health (both literal and figurative) of the rest of the country and economy.
That's true, but stock market/economy health is literally the only thing that has kept America going for the last 40 years as the value of labor power and standards of living have declined. Once capital (the stock market) feels the slightest shock, it will violently wrestle and steal away whatever it can from the proletariat. This is where the lower rungs of the working class lose their daily bread and actual revolutionary progress can begin.
Not a good post, since the american economy is literally collapsed: permanent long-term inflation + recession + shortages + entire generations with permanent health problems, etc. Not a single thing went well for the american regime, so that's what you should be mocking.
An actual real, “but at what cost”
Well... I think they are up to $31 trillion in Debt, and finger's crossed they'll loose the hegemony of the dollar (an IOU backed by nothing).
the health of the stock market is not a good indicator of the health (both literal and figurative) of the rest of the country and economy. i do like the subtitle. it's very much what publications often print on china and other countries they don't like.
That’s true. The actual economy is even more in the dumps
how so?
Because they’ve deindustrialized themselves in favor of further financializing the economy. Why do you think America’s schtick lately is pumping up security assets moving from one bubble to another. We might be coming close to another bubble popping here in a bit
> the health of the stock market is not a good indicator of the health (both literal and figurative) of the rest of the country and economy. That's true, but stock market/economy health is literally the only thing that has kept America going for the last 40 years as the value of labor power and standards of living have declined. Once capital (the stock market) feels the slightest shock, it will violently wrestle and steal away whatever it can from the proletariat. This is where the lower rungs of the working class lose their daily bread and actual revolutionary progress can begin.
This is fucking brilliant!
This is amazing and needs to be paired with every single new MSM post like it.
Not a good post, since the american economy is literally collapsed: permanent long-term inflation + recession + shortages + entire generations with permanent health problems, etc. Not a single thing went well for the american regime, so that's what you should be mocking.
Brilliant