#greaterfool — Public Fediverse posts

The #stockmarket is the largest #Ponzi scheme out there. A fraud. The absurd year after year #capital gains on shares can't be more detached from GDP increases, and are in never-before-seen levels. The quarterly reports are faked all the time, as their own CEOs admit so often. And shares of the largest components of the index yield no dividend at all to shareholders... in part, because they can't possibly pay them! All gains come from the #greaterfool principle. #Capitalism is smoke and mirrors.

The #stockmarket is the largest #Ponzi scheme out there. A fraud. The absurd year after year #capital gains on shares can't be more detached from GDP increases, and are in never-before-seen levels. The quarterly reports are faked all the time, as their own CEOs admit so often. And shares of the largest components of the index yield no dividend at all to shareholders... in part, because they can't possibly pay them! All gains come from the #greaterfool principle. #Capitalism is smoke and mirrors.

The #stockmarket is the largest #Ponzi scheme out there. A fraud. The absurd year after year #capital gains on shares can't be more detached from GDP increases, and are in never-before-seen levels. The quarterly reports are faked all the time, as their own CEOs admit so often. And shares of the largest components of the index yield no dividend at all to shareholders... in part, because they can't possibly pay them! All gains come from the #greaterfool principle. #Capitalism is smoke and mirrors.

The #stockmarket is the largest #Ponzi scheme out there. A fraud. The absurd year after year #capital gains on shares can't be more detached from GDP increases, and are in never-before-seen levels. The quarterly reports are faked all the time, as their own CEOs admit so often. And shares of the largest components of the index yield no dividend at all to shareholders... in part, because they can't possibly pay them! All gains come from the #greaterfool principle. #Capitalism is smoke and mirrors.