this post was submitted on 12 Dec 2023
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[–] athos77@kbin.social 6 points 9 months ago (2 children)

The stock market is a mood ring for rich people, not anything to do with everyday Americans and everyday Americans are struggling more with food and rent, even car prices have skyrocketed. The Saudis and a bunch of other oil producing countries would really like to have their good buddy back in office and they've already said they plan to hike gas prices next summer to try to influence people away from Biden; his support for Israel is only going to exacerbate the situation. And Russia will spend lots of money to get their Russian puppet back in office, and to get more Russian puppets into Congress - not just for the chance to break the US, but also to break NATO, damage the UN and the EU, and finalize their Ukrainian land grab.

[–] MJBrune@beehaw.org 1 points 9 months ago

Not really accurate. When the stock market tanked during the pandemic, everyone with a 401k panicked about it. It's not just the rich caring about the stock market.

[–] Radicalized@lemmy.one -2 points 9 months ago

Kind of hoping Russia gets what they want and the US Balkanizes. It wouldn’t make the world a safer place but it would make me feel a little better temporarily. Then we can all finally stop talking about it and move on to the next topic.