Aged Like Milk

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A community dedicated to all those things in media and elsewhere that didn’t stand the test of time, at all.

founded 8 months ago

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Avenging5@sh.itjust.works

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its not even 24 hrs (sh.itjust.works)

submitted 5 days ago by RelativeArea1@sh.itjust.works to c/agedlikemilk@sh.itjust.works

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[–] Saleh@feddit.org 20 points 5 days ago

Dow Jones is still up 2.95% by the year. We are now around the level of mid-August 2024. So most that has been lost now involves at least some level of speculation on the outcome of the US election 2024.

We need to stop worshiping the markets and reduce the size of the financial industry relative to the real economy. They don't represent the reality for normal people and the financial industry is long past the point of being beneficial for efficient capital distribution. It is just parasites leeching the blood out of the real economy.