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submitted 2 days ago by veggibles@lemmy.wtf to c/world@quokk.au
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[-] wirebeads@lemmy.ca 19 points 2 days ago

The sp500 is basically a dumping ground of taxpayer money to socially fund grifted companies that leech off the government via taxpayer money which are then bought into via taxpayer money by the government, with no benefit to the taxpayer.

Which companies has the anti-communism government bought into to support this year and in previous years?

Meta, spacex, Nvidia, oracle, Microsoft, Amazon, dell, ibm, alphabet, apple.

The entire stock market is being propped up by the U.S. government. So much for the free market. This sounds like the 2008 too big to fail all over again.

America loves socialism, but only for the ultra wealthy.

[-] panda_abyss@lemmy.ca 5 points 2 days ago

Pension funds are doing a lot of work, not necessarily the government.

The model is grow private dump public.

this post was submitted on 22 Oct 2026
58 points (100.0% liked)

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