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8 minutes agoPray to the great treasury on ferengina.
Pray to the great treasury on ferengina.
No, I just thought about how normal people are fucked over. In systems with public pensions, politicians could just cut the pensions, in a property and investment based system, you have to make the “lifetime savings” of the lower 95% just not liveable by greedflation, concentration of wealth and volatile markets that eat up savings - and don’t allow sub-billionaires to hedge.
Another problem is that down to lower class the americans invest for their retirement.
If he wipes out the people’s lifetime savings, they can’t afford to retire and got to work longer - even if the recession is driving inflation down.
If you are overall green now… sell.
He is going to make it worse.
I think setting a stoploss and then just stay in/ cash out automaticly is also completely viable (as long as your trading fees of cashing out and re-enter are well covered by total earnings so far)
Taxes are another thing though.