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Date Posted:19:15:02 07/17/20 Fri Author: Mike Subject: Yeah, exactly.. In reply to:
's message, "The economy can be rebuilt..." on 14:40:53 07/17/20 Fri
The stockmarkets are a reflection of how well off the well off are doing. Not the average working person.
And about 92% of the stock market is owned by the top 10%.
It's never been about the economy. Just like the gap between the richest and everybody else continues to widen. While millions of people lost jobs or saw their salaries decrease, the billionaire class saw their wealth skyrocket during this pandemic.
I watched a news clip recently that said something like a third of Americans have missed July's rent or mortgage payments because they couldn't afford to pay it. I wonder how bad things can get before the shit really hits the fan. A UBI or something similar, at least until this pandemic is over, would be a big help to those struggling.