Content warning: systems collapse, global economics, food-water-energy nexus
One of the many hyperobjects that define the polycrisis we are in
Is the stock market
Which through many calamaty, trends ever upward
What is the appreciation
appreciating?
~
“It feels like the markets are more irrational then ever and driven by tens of trillions in capital moving around, this is money is cash in hand and insulated from real consequences in the world so not reacting as it should.”
“A few years ago I heard an economist talk about “excess money sloshing around in the system, chasing a profit”. The image has stuck with me, seems to fit really well”
“The stock market is unrealistically insulated. We’ll likely never see a true depression again but just a series of recessions propped up by the 1%.”
“Passive investing has taken perhaps too large a share of the market, making flows less reactionary. When you have XX hundred billion(s) flowing in every month on loop not hard to see where appreciation comes from.”
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