Originally Posted by Damanshot
OH NO,, ,we're DOOMED! The Economy is growing to fast... Whatever will be do?

The economy is doing great... for the top 0.1%. It's "improved" for those at the bottom, but not really gotten them over the poverty line. The rest are getting squeezed. Are there exceptions? Sure.

If you like greedy "elites" extracting wealth, then the economy is amazing. If you believe in equity and fair value, the economy is a travesty. If you like gambling on the stock market, you can get lucky and/or can benefit from it being manipulated (GameStop style.) Unfortunately, stock market growth doesn't actually correlate to production, it's more artificial wealth extraction.

In a way, the stock market helps large conglomerates own more by using your money. Yes, one can get a pittance kicked back. Yet, by helping to concentrate ownership of the factors of production one is facilitating wealth disparity.

Wealth disparity continues to get worse.