@[email protected] to [email protected] • 9 months agoLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.caexternal-linkmessage-square127fedilinkarrow-up1598arrow-down147
arrow-up1551arrow-down1external-linkLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.ca@[email protected] to [email protected] • 9 months agomessage-square127fedilink
minus-square@[email protected]linkfedilink3•edit-29 months ago…or just abolish the stock market (at least that’s how I read this).
minus-square@[email protected]linkfedilink4•9 months agoAt this point, abolishing the stock market would require a restart on the United States as an entity. The stock market is quite closely linked to the banking system. Closing the stock market would crash the US economy into oblivion.
minus-square@[email protected]linkfedilink3•9 months agoAnd no doubt every other closely-tied economy, as well.
…or just abolish the stock market (at least that’s how I read this).
At this point, abolishing the stock market would require a restart on the United States as an entity. The stock market is quite closely linked to the banking system. Closing the stock market would crash the US economy into oblivion.
And no doubt every other closely-tied economy, as well.