Any rational human being would understand that if the economy were to behave similar to a physical system we would be quite off from the equilibrium state. Housing market, stock market, prices everything is overly inflated but still, surprisingly, people still find the money somehow to buy more.
Then there is the alternative theory that only a small percentage of the population actually controls the economy. Which for some reasons make sense. The so called plutonomy. And we are just payed enough to exist and to return for our monthly wage to out masters and statistically why the working class(and middle class) barely acquires any assets during their life.
But there seem to be smarter people out there that believe in the economy construct and dedicate their entire life to picking stocks and doing in depth analysis of the system. So parts of me as well wants to think that the second part does not exist and we live in a free world and market ( or at least free-ish).
It's a phenomenon that has occurred regularly during and prior to covid but people have started to rumble again about stock market crash. Any opinion on this?
Then there is the alternative theory that only a small percentage of the population actually controls the economy. Which for some reasons make sense. The so called plutonomy. And we are just payed enough to exist and to return for our monthly wage to out masters and statistically why the working class(and middle class) barely acquires any assets during their life.
But there seem to be smarter people out there that believe in the economy construct and dedicate their entire life to picking stocks and doing in depth analysis of the system. So parts of me as well wants to think that the second part does not exist and we live in a free world and market ( or at least free-ish).
It's a phenomenon that has occurred regularly during and prior to covid but people have started to rumble again about stock market crash. Any opinion on this?
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