ETA!!!
Sorry to offend so many people with this OLD meme in a MEME community!
Feel free to post more recent content!
this post was submitted on 03 Sep 2025
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You are correct but this point can be overextended. When the stock market crashes, companies lay people off, retirees’ income goes down, interest rates and prices shift.
The stock market isn’t the economy. But it is connected to almost everything in the economy, and regular people are affected by it: it isn’t just a casino for billionaires.l (although it is certainly that).
A casino where the high rollers get bailed out in big losses by both parties now, just a few more trillions on the credit card and zero interest loans via the fed every time a big crash happens.