Quote:
Originally Posted by woj
Claiming that financial industry creates nothing is like saying doctors or accountants create nothing, and are thus useless...
You guys should read up on how exactly financial industry works, what it does, etc, instead of listening to all the propaganda that you hear in the media....  |
something has to change in regard to how the stock market operates. of course i'm just your average dummy but it seems to me an impossiblity that stocks will always go up. companies will cut job, cut costs, etc trying to keep their stocks up but it impossible in the long run. even just rumors end up costing companies and the economy billions and even trillions of dollars. not to mention all the fraud and those hedging their bets and making money when the economy fails. it just doesn't seem right. its basically educated gambling. of course many of these investments enable people to retire, have benefits and many other great things but the way the system seems to be set up, someone else has to suffer for another to profit. edit: you can't forget about corporate welfare either, which is getting very out of hand very quickly. just a dip and now bailouts are needed? whats it all coming to..