Don’t let these fiat games play tricks on you about pooling capital together to help push ideas forward. A stock market with accurate price signals is a good thing. What happened is bad investments don’t fail anymore. After the GFC so many banks should’ve failed but they didn’t during COVID so many airlines should have failed but they didn’t. Investment is still a great things humans can do it’s just greed and lack of morals have ruined public markets.
What happened is bad investments don’t fail anymore.
they still fail, but those with big background don’t fail anymore, which is even worst.
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