W
Wayniac3
Well-known member
Yep - a small retraction/correction was common.If you thought wokeness only affects confused university students, it also affects our stock market. Since when did it become that our investors, government and Federal Reserve was so afraid of a recession that they'll try to do anything to prevent it? Recessions used to be a normal and healthy thing that happened every few years. Back in the 1980s and 90s, we would have a small recession once every 3-4 years. They didn't last all that long and it was a way of the market flushing out the misallocated money. But now, we must bail out everyone and everything, just because the stock market is down. All this stimulus just causes way more harm with creating more inflation. And even worse, we try to go 10, 12 years without a recession, which is unnatural and makes it way worse when it actually does happen.