Source: ButaJape

Good luck with this one Beep Keep

4 panel comic:
The first panel two deranged men stand in front of a stock chart crashing out with images of trump and war flashing in the background. 
The man with a yellow tie: "ALL THiS CRAZiNESS iS WRECKING THE ECONOMY! THE MARKET'S GONNA CRASH AT THiS RATE!"
Man with blue tie: You don'T KNOW THAt! WHAT if, LiKE.. WHAT if it DOESN'T?

2nd panel: the market has crashed out behind them.
Yellow tie: WHAt if it DOESN'T?!
Blue tie man slipping into insanity looking sheepish: Yeah... LiKE, y'KNow... what if it DOESN'T?

3rd panel: the market line is now suddenly strongly green and the war rages on.
Yellow tie man, now approaching the madness: What if it... DOESN't?
Blue tie happy in his insanity: WHAT if it DOESN'T?

Panel 4: reason is gone from the room, there is joy and profits in the insanity and it warms their hearts as the war  burns on.
Yellow tie with no more thoughts left: WHAT IF iT DOESN'T?
Blue tie with no thoughts to begin with: WHAT if it DOESN'T!

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[–] 171 points 7 months ago

My preferred version:

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  • [–] 88 points 7 months ago (1 child)
  • [–] 174 points 7 months ago (12 children)

    Well yeah. The market is just an aggregation of sentiment of traders. It hasn't been a reflection of value in ages.

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  • [–] [S] 92 points 7 months ago (7 children)

    Can you imagine if shares, were for sharing profits with the best workers of a company?

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  • [–] 78 points 7 months ago (3 children)

    If shares were for sharing, that would be reflected in the name somehow.

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  • [–] 3 points 7 months ago

    Not quite the same sentiment, but a system of β€œcodetermination”, as followed in Germany and in Elizabeth Warren’s proposals, would make it so worker votes would have a controlling stake in large companies. It’s not a share of profit, but it means they can override unhinged decisions in the boardroom.

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  • [+] 2 points 7 months ago* (last edited 7 months ago) (2 children)
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  • [–] 6 points 7 months ago (2 children)

    It never has been anything but that. "Value" is just a sentiment of a trader. Probably by definition.

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  • [–] 7 points 7 months ago (1 child)

    It didn't used to be. When it all first started, before the exchanges and before it got very easy to trade, a share was literally just a portion of the company. Directly tied to its value.

    Then we got all "efficient" and fucked it right up.

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  • [–] 50 points 7 months ago (5 children)

    The greatest realization of the stock market was learning it was how people felt and no real mathematical decisions or even educated guesses. "President Trump woke up with a headache today and took Tylenol for it." Tylenol stocks skyrocket No logic, just reactions.

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  • [–] 20 points 7 months ago* (2 children)

    so many of my friends work in brokerages. It’s actually really sad how many millionaires calling them acting like the entire world is ending at 2 am. Every single fucking day.

    It’s like having a permanent baby to look after.

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  • [–] 12 points 7 months ago*

    A few years ago, I set my mind to understanding stock market investing. It had always looked intimidating, but I have a couple of degrees that required me to pass chemistry, physics, and engineering courses - I figured I could learn if I put my mind to it.

    What I discovered was that the stock market is mainly hype. For all the formulae and Greek letters that look complex and deter the general public, the emperor is really wearing no clothes.

    Stock prices rarely follow fundamental analysis of value, and rather mostly pre-empt news cycles due to insider trading. And technical analysis seems to be a bunch of fortune tellers who think they have discovered Newtonian calculus by drawing tangent lines off cherry picked data.

    Furthermore, the entire system supports the enshittification of our economy. When a company is supposed to make MORE profit every quarter rather than just maintain profitability, it leads to lower quality goods and services and worsening work conditions.

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  • [–] 10 points 7 months ago

    I realised this a while ago, and it's frankly baffling to me that anyone can pretend it has any direct relationship to how well a company is actually performing. It literally doesn't matter how well a company is performing, if people buy the stocks the price goes up, if they sell the stocks the price goes down. There is no other factor that matters.

    The fact that people buying and selling usually correlates with a company doing well or poorly doesn't actually mean those two things are inherently connected.

    See also: GameStop

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  • [–] 38 points 7 months ago (2 children)
  • [–] 10 points 7 months ago* (last edited 7 months ago)

    the invisible hand of the market is literally one of the biggest and most powerfull daimons ever propogated by one of the biggest intercommunity faithbased channeling rituals concieved, and STEMcells will still claim magick doesnt exist and that faith cant move mountains. Bro faith literally determines if you get to eat today.

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  • [–] 24 points 7 months ago* (last edited 7 months ago) (3 children)

    Stock market is just rich people gambling a small portion of their generational wealth.

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  • [–] 12 points 7 months ago (2 children)

    Yeah, if you ignore all of the retirement accounts.

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  • [–] 11 points 7 months ago (1 child)

    the top 10 percent hold about 93 percent of U.S. households stock market wealth, retirement accounts make up a relatively small portion actually

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  • [–] 3 points 7 months ago

    That's true, but it doesn't change the fact that if the stock market crashes it affects people relying on those retirement accounts more than it affects billionaires.

    Also, they make a useful hostage when asking for bailouts.

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  • [–] 8 points 7 months ago

    This is just textbook the last 50 years of western SE.

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  • [–] 5 points 7 months ago (1 child)

    I do believe in bull-markets. I do, I do!

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  • [–] 2 points 7 months ago* (last edited 7 months ago)