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81 percent of young Americans say economic conditions are bad or terrible: Survey (thehill.com)

submitted 1 month ago by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] Viking_Hippie@lemmy.dbzer0.com 4 points 1 month ago

How

By the stock market being based on pseudoscientific algorithms and the feelings of ultra-rich people, not objective reality.

Everything else could be falling apart, and the stock market could still be doing well as long as the 1% are telling each other that it is.

Conversely, when the real world is doing objectively better because of economic empowerment of poor and merely "comfortable" to regular amounts of rich people, that's BAD for the stock market since it makes the people shaping it super nervous.