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[-] phdepressed@sh.itjust.works 10 points 4 days ago

Its still fantasy money. Sure the effects are real but unless the system is overhauled no one here is going to do anything about it. May as well laugh otherwise you're crying and ripping your hair out in a corner.

[-] shalafi@lemmy.world 3 points 3 days ago

So we agree? The effects from this bubble with be real to us on the ground?

[-] phdepressed@sh.itjust.works 1 points 2 days ago

Yeah, no one is saying they aren't but these "major" losses aren't. The top 1% of wealth owns over 50% of the market the bottom 50% owns less than 1%. To a vast majority stock losses aren't meaningful until it affects their job. We all know theres a bubble and just hope that there can be improvements after the pop.

this post was submitted on 31 Oct 2026
465 points (97.9% liked)

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