• MangoCats@feddit.it
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    4 months ago

    I used to think that the market “drove engagement” - keeping people with money interested in the dealings of the companies they invested their money in.

    Lately, I feel like it’s just a giant Casino.

    • IronBird@lemmy.world
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      4 months ago

      that is exactly how the US markets are setup, you can compare the US markets to EU or practically any other besides Japan and they’re drastically less exciting.

      the US’s is designed around “maximizing lquidity” via a mix of over and under regulation all meant to increase volatility.

    • SaveTheTuaHawk@lemmy.ca
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      3 months ago

      No, casinos state the odds on every game and tell you if you play long enough, you will lose everything. The stock market actually calls itself a free market, which is hilarious.