“Kushner’s advice did nothing to prevent a market crash, and it’s likely that the administration’s refusal to act in time only threw the economy into more chaos.”
Tag: stock market
Coronavirus Matters. The Stock Market Doesn’t.
Instead of investing in genuine wealth that keeps us alive, we’ve chased the imaginary wealth of the stock market. It’s dissolving like the mirage it always was.
The Mythology of the Stock Market
The stock market enjoys a mythological place not only among mainstream media types, but also among many progressives. For some reason this measure of expected future corporate profits is taken as a measure of economic well-being. The fact that the media obsesses over the stock market hardly needs to be mentioned. If there is one More
Source: The Mythology of the Stock Market – CounterPunch.org