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Old 05-23-2023, 04:54 PM
Johnny630 Johnny630 is offline
Johnny MaZilli
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Join Date: Nov 2015
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Quote:
Originally Posted by g1911 View Post
if you cherrypick two dates schewed most to your argument out of a 90+ year sample size, you can make anything look like anything. It is immediately obvious at the quickest of glances at the chart that the market increases with time. Our entire economy is fundamentally based on this need, and has been for decades now. Here's the s&p chart, inflation adjusted, without cherrypicking dates. Not all investments rebound eventually. Many do not, ask the beanie babiers. Many individual stocks will not rebound either. But the stock charts going up over time is the bedrock of world order and the economy.

If the stock market collapses, not has a bad year but collapses, the us dollar craters and law and order collapse with it. If it has too many bad years in a row, the end result is about the same. The market is propped up by the first world nations at any cost. States will do whatever it takes to keep the market going and growing over the long term.



If the card market collapses, a small number of people will experience fiscal pain. It is backed by no institution, no state, no people with actual power. It is obviously not the same. I know this is the board where pumper fantasies are popular, people are advised to empty their 401k's to pump cards instead and people have a vested interest in justifying their cardboard portfolios, but it is backed by nothing. That chaos is why it can pay off so big - and is also the risk. The stock market is the bedrock of our entire system. There is an absolutely massive fundamental difference.

love this!!! Boom
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