this post was submitted on 30 Jan 2025
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[–] [email protected] 61 points 5 months ago (1 children)

Don’t worry, tariffs will crash the stock, leaving thousands of human people destitute and several billionaires disgruntled.

[–] [email protected] 28 points 5 months ago (1 children)

Those poor, slightly annoyed billionaires.

[–] [email protected] 12 points 5 months ago

Oh boo guess they'll just have to buy up all the land for extra cheap

[–] [email protected] 36 points 5 months ago (2 children)

So what you're saying is I need to buy Nvidia stock now

[–] [email protected] 54 points 5 months ago (1 children)

Buy high, sell low. The wallstreetbets way.

[–] [email protected] 7 points 5 months ago

And investing the 500k you got from your grandpa's inheritance

[–] [email protected] 18 points 5 months ago (2 children)

It's so tempting to short it, but the moment I do God will look down and personally ensure the stock sees record highs until I see a lethal amount of debt

[–] [email protected] 18 points 5 months ago

Markets can remain irrational longer than you can remain solvent

Wish I knew where I heard that one

[–] [email protected] 3 points 5 months ago

The market and valuation of stonks has disconnected from reality for a longer time already, so yeah dangerous game...

[–] [email protected] 31 points 5 months ago

Market cap isn't real money, it is investor fee-fees.

[–] [email protected] 28 points 5 months ago (2 children)

It's not so much bubble behaviour as it is widescale fraud across the stock market.

[–] [email protected] 16 points 5 months ago

Those aren't mutually exclusive terms

[–] [email protected] 6 points 5 months ago (1 children)

For sure, the happenings now are due to Chinese influence and not organic, but still.

[–] [email protected] 11 points 5 months ago

I think the issue is less about who is manipulating it - basically everyone is - and more about the lack of regulation and control to prevent, stop, or even punish those manipulating the stock market negatively, be it for greater profits or political.

[–] [email protected] 15 points 5 months ago

This kids, is why we don't compare networth to income.

[–] [email protected] 12 points 5 months ago (2 children)

This isn't a very good comparison.

[–] [email protected] 11 points 5 months ago* (last edited 5 months ago)

Different companies in different eras with different market situations but you can really put any stock which bubbled up there and draw the same conclusions.

The reason they chose CISCO 2000 is because it had such a large marketcap compared to percentage of GDP.

[–] [email protected] 3 points 5 months ago

Why not? A hardware company that was a huge part of the country's GDP, and essential to the companies at the center of the bubble?

[–] [email protected] 8 points 5 months ago (1 children)
[–] [email protected] 2 points 5 months ago (1 children)
[–] [email protected] 5 points 5 months ago* (last edited 5 months ago)

Savouring the anticipative Schadenfreude of that inevitable pop and the disarray which will follow is one of the few things which keep me going. And it won't make me happy in the slightest when the waves'll hit pretty much everyone around.

But I'd be lying if I said I won't take immense satisfaction in the fall of every one of these monoliths. And I still hold the belief that humanity won't just keep on hammering itself in the face like this over and over again. Maybe when this one falls... y'know? Or maybe the next one if not this one. Narrowing horizon of action, but it isn't closed yet.

Edit: crap, sorry about the dump. Going through it, it seems.