• StillAlive@piefed.world
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    2 months ago

    I’ve already withdrawn money I had invested in US.

    You can’t convince me this isn’t bubble:

    • tempest@lemmy.ca
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      2 months ago

      The main issue as usual is US hegemony (or what’s left of it) has a way of fucking up the rest of the world. When that bubble pops it’s going to cause a whole bunch of industries trouble.

        • Valmond@lemmy.dbzer0.com
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          2 months ago

          Yeah fucking finally too!

          Every fucking american crisis bleeds into our countries every goddamn time, but they? Let’s do worse next time!! No regulation!! War!!

          Aaaahrg.

          /Rant off

    • Aceticon@lemmy.dbzer0.com
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      2 months ago

      Here’s an even more interesting one:

      Nasdaq 100 vs P/E ratio historic graph

      It’s the P/E ratio (the ration between the stock Price of a company and it’s Earnings) of the Nasdaq vs the Price.

      Notice how the Nasdaq price has tracked the P/E, with since at least 2002 the stock prices not increasing because company earnings are going up but rather just from increased speculation hence the rise in the the ratio of stock Prices to Earnings.

      The P/E now (i.e. company valuations relative to the actual money a company makes) is now about twice as much as back in 2020.

      • ltxrtquq@lemmy.ml
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        2 months ago

        We launched attacks on Iran to distract from the Epstein files, leading to the closure of the strait of Hormuz and dwindling oil reserves around the world. It was only like 3 months ago, I’m surprised you didn’t hear about this