@[email protected] to Political Memes • 1 day agoIt's the economy, stupidsh.itjust.worksimagemessage-square13fedilinkarrow-up1187arrow-down115
arrow-up1172arrow-down1imageIt's the economy, stupidsh.itjust.works@[email protected] to Political Memes • 1 day agomessage-square13fedilink
minus-square@[email protected]linkfedilinkEnglish64•1 day agoFriendly reminder that the stock market is not the economy
minus-square@WhatAmLemmylinkEnglish28•edit-21 day 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@Zesslink3•22 hours 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.