@[email protected] to Political Memes • 2 months agoIt's the economy, stupidsh.itjust.worksimagemessage-square13fedilinkarrow-up1194arrow-down116
arrow-up1178arrow-down1imageIt's the economy, stupidsh.itjust.works@[email protected] to Political Memes • 2 months agomessage-square13fedilink
minus-square@[email protected]linkfedilinkEnglish68•2 months agoFriendly reminder that the stock market is not the economy
minus-square@WhatAmLemmylinkEnglish31•edit-22 months agoIt’s basically a wealth inequality metric. The better the stock market performs, the more wealth is extracted from the lower percentiles by the upper percentiles.
minus-square@Zesslink5•2 months agoBut it is what they mean when they say the “economy” is doing well.
Friendly reminder that the stock market is not the economy
It’s basically a wealth inequality metric. The better the stock market performs, the more wealth is extracted from the lower percentiles by the upper percentiles.
But it is what they mean when they say the “economy” is doing well.