If We End Up In A Recession [View all]
hear me out, the stock market may still be just fine.
My favorite msnbc cable news anchor was Dylan Ratigan, he was travelling across the country exposing crony capitalism, the big wheels didn't like that so they fired him.
The economic gurus claim we are headed for stagflation, I believe we are in crony capitalism right now. Before a company hires a CEO it will have to check with Krasnov. Before a corporation makes any significant business decision it will have to check with Krasnov.
The reason the market is up so much now is because of AI. When corporations are having trouble making their bottom lines, the first thing they do is fire people and the market loves it.
AI is going to cut millions of jobs when fully implemented, the market will love it.
Horse and Sparrow economics is here, the rich will get richer and the poor will get poorer and the market will love it.
Small businesses will shut down to cause more monopolies and the market will love it.
The super rich make more money during a recession.
Crony capitalism is here, now, corporations will bend a knee to Krasnov or pay the price.
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