oldratessex.bsky.social
👤 Joined on 18 November 2024
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It could simply be that corporations have become more valuable precisely because they have extracted money from the general population by driving down pay and conditions. It’s probably much easier to do that than find valuable solutions to real problems. That & financial ‘engineering’ to avoid tax.
Show PostDuring that 25 year recession (for most of us) the stock market has almost doubled in value. So how is it possible to claim it is related to the world in which most of us live?
Show PostIf you are under 40 (unless you are in the richest 8% of Britons,most of whom inherited) you have spent your entire working life in recession. Poorer this year than last, no matter what you do. That's not a functioning system. And how does this relate to stock?
Show PostIn 1968, free education, GINI index of 25, and a single wage could buy a house in London. In 2026, £60k debt for education, GINI (on stocks) of 74, and a house in London takes 7 wages.
Show PostSorry, but bollocks. The chef can't heat his house. He can't buy shoes. Sure, if you stopped eating it would be worse. But the current system is ABSOLUTELY NOT working for him. Or for literally millions.
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