• henfredemars@infosec.pub
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    11 months ago

    I feel the same way looking at the stock market these days. Those evaluations are way too high, and the market index is mostly just a handful of tech companies that dominate the value. This can’t end well.

      • henfredemars@infosec.pub
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        11 months ago

        What scares me even more is that it might not behave like a bubble. I feel like the fed won’t let bubbles pop like they’re supposed to and let the market return to sane levels. It’s too painful and too many rich people stand to lose so money if the value drops. They’ll break out the money printers and make line go up.

        The cost will be born by the workers. That’s what I’m concerned about from a macro scale.

        • Swedneck@discuss.tchncs.de
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          11 months ago

          plus, tulip bulbs can technically be eaten, which might be useful in the imaginary circumstance where the tulip market somehow against all odds crashes and you’re left destitute.

          • IninewCrow@lemmy.ca
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            11 months ago

            I learned about this from a couple of elderly Dutch people we met on holiday in Europe. They were survivors of the Nazi occupation during the Second World War when they were children and they said that food shortages were so severe that at one point late in the war, their family did eat tulip bulbs on a regular basis. I had read about it a long time before as part of historical texts … but it was bit more impactful to hear about it from people who had actually lived through that part of history.

      • henfredemars@infosec.pub
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        11 months ago

        I buy value stocks and I’d moved into real assets to hedge, but I’m not confident the government will allow corrections to happen. We’ll print money harder if that were to happen, and that kind of currency devaluation pain is felt essentially no matter where you are invested in the US.

  • DaTingGoBrrr
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    11 months ago

    I think the problem is that Trump and his regime learned from history and got inspired…

  • rafoix@lemmy.zip
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    11 months ago

    “Don’t call me a fascist” this is what you hear when you know history.

  • crumbguzzler5000@feddit.org
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    11 months ago

    Sometimes it seems like being more educated is a curse to having eorse mental health, because what do you mean I’m not actually crazy when I see us facing the same issues we were seeing decades after we solved them.