I feel the same way looking at the stock market these days. Those evaluations are way too high, and the market index is mostly just a handful of tech companies that dominate the value. This can't end well.
What scares me even more is that it might not behave like a bubble. I feel like the fed won't let bubbles pop like they're supposed to and let the market return to sane levels. It's too painful and too many rich people stand to lose so money if the value drops. They'll break out the money printers and make line go up.
The cost will be born by the workers. That's what I'm concerned about from a macro scale.
plus, tulip bulbs can technically be eaten, which might be useful in the imaginary circumstance where the tulip market somehow against all odds crashes and you're left destitute.
I learned about this from a couple of elderly Dutch people we met on holiday in Europe. They were survivors of the Nazi occupation during the Second World War when they were children and they said that food shortages were so severe that at one point late in the war, their family did eat tulip bulbs on a regular basis. I had read about it a long time before as part of historical texts ... but it was bit more impactful to hear about it from people who had actually lived through that part of history.
I buy value stocks and I'd moved into real assets to hedge, but I'm not confident the government will allow corrections to happen. We'll print money harder if that were to happen, and that kind of currency devaluation pain is felt essentially no matter where you are invested in the US.
Sometimes it seems like being more educated is a curse to having eorse mental health, because what do you mean I'm not actually crazy when I see us facing the same issues we were seeing decades after we solved them.
21 Comments
ininewcrow@lemmy.ca · 34 pts · 320d
PugJesus@piefed.social · 5 pts · 320d
Once more, for posterity!
(or to go through the archive before moving on to new harvests >.> )
railway692@piefed.zip · 4 pts · 320d
With more jpeg
henfredemars@infosec.pub · 29 pts · 320d
I feel the same way looking at the stock market these days. Those evaluations are way too high, and the market index is mostly just a handful of tech companies that dominate the value. This can't end well.
PugJesus@piefed.social · 24 pts · 320d
H-ha ha, d-don't you know there's no such thing as a tech bubble built on hype??
henfredemars@infosec.pub · 21 pts · 320d
What scares me even more is that it might not behave like a bubble. I feel like the fed won't let bubbles pop like they're supposed to and let the market return to sane levels. It's too painful and too many rich people stand to lose so money if the value drops. They'll break out the money printers and make line go up.
The cost will be born by the workers. That's what I'm concerned about from a macro scale.
CubitOom@infosec.pub · 6 pts · 320d
The magic phrases are
quantitative easingbailoutdespite losing 50% of its value this year, the dollar is still strongAtariDump@lemmy.world · 4 pts · 320d
Brrrrrrrrr
ininewcrow@lemmy.ca · 7 pts · 320d
They should invest in tulips instead, those are a sure thing to bank on
Swedneck@discuss.tchncs.de · 2 pts · 314d
plus, tulip bulbs can technically be eaten, which might be useful in the imaginary circumstance where the tulip market somehow against all odds crashes and you're left destitute.
ininewcrow@lemmy.ca · 2 pts · 314d
I learned about this from a couple of elderly Dutch people we met on holiday in Europe. They were survivors of the Nazi occupation during the Second World War when they were children and they said that food shortages were so severe that at one point late in the war, their family did eat tulip bulbs on a regular basis. I had read about it a long time before as part of historical texts ... but it was bit more impactful to hear about it from people who had actually lived through that part of history.
CannonFodder@lemmy.world · 3 pts · 320d
So short them and make bank.
hitmyspot@aussie.zone · 14 pts · 320d
The market can stay irrational longer than you can stay solvent.
henfredemars@infosec.pub · 6 pts · 320d
I buy value stocks and I'd moved into real assets to hedge, but I'm not confident the government will allow corrections to happen. We'll print money harder if that were to happen, and that kind of currency devaluation pain is felt essentially no matter where you are invested in the US.
AFKBRBChocolate@lemmy.ca · 13 pts · 320d
Not sure why we need to memeify things that are already cartoons
DaTingGoBrrr@lemmy.world · 7 pts · 320d
I think the problem is that Trump and his regime learned from history and got inspired...
rafoix@lemmy.zip · 6 pts · 320d
“Don’t call me a fascist” this is what you hear when you know history.
Swedneck@discuss.tchncs.de · 1 pts · 314d
"sorry, is 'shithead authoritarian' better?"
crumbguzzler5000@feddit.org · 5 pts · 320d
Sometimes it seems like being more educated is a curse to having eorse mental health, because what do you mean I'm not actually crazy when I see us facing the same issues we were seeing decades after we solved them.
CubitOom@infosec.pub · 4 pts · 320d
How can I watch the part where the troops all wear short skirts again?
j4k3@piefed.world · 3 pts · 320d
You chose Cassandra. Congratulations, you can foretell the future.