78
81 percent of young Americans say economic conditions are bad or terrible: Survey (thehill.com)
submitted 6 months ago by to c/usa@lemmy.ml
10 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 4 points 6 months ago* (last edited 6 months ago) (1 child)

I don't know. The stock market seems pretty strong ...

checks market

WTF. That was supposed to be a joke. How have we already recovered from the Iran war crash? A crash so bad, it plundged the markets to lows not seen since September!

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 4 points 6 months ago

    How

    By the stock market being based on pseudoscientific algorithms and the feelings of ultra-rich people, not objective reality.

    Everything else could be falling apart, and the stock market could still be doing well as long as the 1% are telling each other that it is.

    Conversely, when the real world is doing objectively better because of economic empowerment of poor and merely "comfortable" to regular amounts of rich people, that's BAD for the stock market since it makes the people shaping it super nervous.

  • permalink
  • fedilink
  • source
  • parent