Erased from people’s 401Ks and pensions and IRAs, but executives and fund managers have faired very, very, very well. The working class, not so much. In 3.5 years we lost over 40% of purchasing power on our current wages, but also critical lifetimes of savings. Now, we get to watch our balances plummet, while market averages cleverly hide the wipe down and executives cash out with our dollars.
What does this even mean?
Did it really ever exist?
But the Olympics and U.S. elections will keep this off radar. It’s a shame that the mainstream media is controlled by the people that use us like this.
Not a gain until you sell bozo
gambling is a very bad addiction
It (values/money) didn’t disappear… shareholders sold shares. When a shareholder sells shares they remove their money from the stock and the share price responds accordingly. [So shareholders converted their shares to cash. ]
You can thank me. As usual, whenever I buy it crashes.
The 2.6 trillion went somewhere. It didn’t just vanish
11 comments
this is fine
Erased from people’s 401Ks and pensions and IRAs, but executives and fund managers have faired very, very, very well. The working class, not so much. In 3.5 years we lost over 40% of purchasing power on our current wages, but also critical lifetimes of savings. Now, we get to watch our balances plummet, while market averages cleverly hide the wipe down and executives cash out with our dollars.
What does this even mean?
Did it really ever exist?
But the Olympics and U.S. elections will keep this off radar. It’s a shame that the mainstream media is controlled by the people that use us like this.
Not a gain until you sell bozo
gambling is a very bad addiction
It (values/money) didn’t disappear… shareholders sold shares. When a shareholder sells shares they remove their money from the stock and the share price responds accordingly.
[So shareholders converted their shares to cash. ]
You can thank me. As usual, whenever I buy it crashes.
The 2.6 trillion went somewhere. It didn’t just vanish
The miserable seven.