• N0t_5ure@lemmy.world
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    22
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    2 天前

    We are in the last stages of a bull market, and will likely get a “blow off top” and collapse, much like what occurred in 1929, and it will come sooner rather than later, potentially this fall. Pointing to the stock market as a barometer of the health of a nation is absolutely imbecilic, as markets can be irrational for a long time. As the saying goes “the market can stay irrational longer than you can stay solvent.”

    • FiniteBanjo@feddit.online
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      25
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      2 天前

      It’s actually much worse than that. She wasn’t saying this in defence of the federal government’s economic policies. She said this in a hearing about the Trump administrations involvement with Jeffrey Epstein and subsequent mishandling of the release of the files.

      Her defence of the rape of women and children is to talk about how good the DOW is.

      • Etterra@discuss.online
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        19
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        2 天前

        She has a list of talking points for deflection purposes, they all do. She’s just more committed to the bit than anyone else I’ve ever seen.

  • paraphrand@lemmy.world
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    11
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    2 天前

    Oh I’m glad this is a meme, I hope it catches on. Just respond with “the Dow is over 50,000” to any probing question.