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ChemD

Member Since 10 Sep 2008
Offline Mar 16 2011 11:35 PM

#1305597 Current and Future Economic Conditions

Posted by ChemD on 24 June 2010 - 04:37 PM

No. The stock market does none of that anymore. Its not about buildup capital or anything. What its about is fuckheads in Wall Street trying to make money. They dont "invest" money in company and hope to make money. They simply day trade. They just buy stock and sell stock in hopes to gain just a few cents from each stock. There is nothing about startup capital going on anymore. It started out as a good ideal, but now its just shit. No company starts out as a Corporation (Unless they have a financor), and eventually they go public (Or stay private) and start selling stock. Day trading causes thousands of new companies to fail every day. Because they artifically grow the stock price, sell it off, and the stock price drops horribly low. Then the company has nothing.

The stock market was the cause of the Great Depression. It is the cause of the current depress that we are suffering. The entire economic world is centering around stocks. Rather then stocks being a way for companies to gain startup investments, its now about "Whats this company worth?". I'm sorry, but Apple is not the most valuable tech company. They are still tiny. And Dow Jones being a measurement of the economy is just fucking stupid. As numbers go down, people freak out and start selling their stock. When the stock market crashes because of that, everything gets fucked up, because everything is now tied in with the stock market.

Name me one time the stock market was strong, and the economy wasn't? Oh wait.... The stock market is the center of fucking everything. It needs to be destroyed and improved.




Do they brain wash you in school? Taxes are going to be increased, not decreased in so many states (Yay for budget deficits). We just signed in a fucking 800 billion bailout, and a trillion dollar health care plan (That will keep rising in costs). THIS IS NOT LOWERED FUCKING SPENDING. The national debt is up 3 trillion in the last fucking year. 3 trillion.... Thats not decreased spending by even the smallest amount.


Edit: I deleted this post because I don't feel like debating with someone who just doesn't understand. The stock market isn't perfect, but its a far stretch from having the need to destroy it. However, I'm so curious since you mentioned this. If I'm brainwashed by school then what education in this topic do you have?

In actual topic related news; Q1 profits for RIM jumped 20%, stock falls as iPhone beats Blackberry in sales. Pfizer is... still failing.