Regarding the market-
Please check me on the crazy meter. I’m thinking that the market is actually run by the investors, right? So, the more money an investor has, the more “say” he has in what the market does.
Say someone like Soros, who has more money than God. What if he said “I don’t care about the taxes and hits my accounts will take, I’m going to sell off a whole carp load of stocks. I will in effect start a run on the market. Stock market tanks, I don’t care, I’ve still got loads of money.”
As a result, we’re forced into an artificial depression/recession.
Am I close? Does someone or a group of someones really have that much power?
Don’t take my word for this because I’m not an expert.
Yes, you’re correct about the big investors like Soros being able to move the market.
But if I understand correctly, Trump has seized the assets of a lot of these big players for exactly that reason. He’s preventing them from deliberately crashing the market and damaging the rest of us.
Yes, I think a small group really has that much power. Or more precisely “had”. I think no more. IMO the market has been a DS rigged game for a long time. Maybe it will be more “real” now.
Again, just my opinion. Also my opinion - I think we WILL see some market disruption, but I’m expecting it to even out.
Disclosure: After 9/11, my instincts said to sell and then buy back after the plummet. But I saw people saying it was unpatriotic to sell, that selling was “letting the terrorists win”. So I didn’t sell. I rode it out. I’m ok, but I would have been WAY better off if I’d sold. Was I patriotic or just suckered? Or both? IDK.
” Does someone or a group of someones really have that much power?”
There is a good possibility that S.O.R.O.S. did exactly that in 2009. He did something similar to UK in the past if I remember correctly. That’s partly why he HAS so much money.