I no longer get excited when the stock market goes up. What we are witnessing is an event — the biggest increase in wealth inequality in our history. Tens of millions have lost their jobs & now rely on Government assistance. Gains in this market feel unethical & dangerous.
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You’re saying the market increases *are* Government assistance? I agree.
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You mean tax cuts? Share buy backs? Low IR? Yet so many reflexively circle the wagons around their sacred cows and use socialism to gaslight reasonable inquiry. They romanticize what is glided age theft. How did that work out?
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