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Economy

shanny

(6,709 posts)

2. Essentially all of it.

Reply to rampartc (Original post)

Sun Oct 7, 2018, 03:53 PM

Oct 2018

For example, NO money is raised for companies by stock sold on the market after the initial IPO. It all goes to the holders/sellers of the shares.

And NO WAY can the market replace social security. The whole idea is a right-wing / Wall St. wet dream. Remember the guy who was asked why he robbed banks? He replied, "that's where the money is."

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how much of the stock market is a ponzi scheme? [View all] rampartc Oct 2018 OP

The whole damn thing. democratisphere Oct 2018 #1

i don't trust wall st with my money. rampartc Oct 2018 #3

2008 was only a hint of what is now and what is to come. democratisphere Oct 2018 #11

Essentially all of it. shanny Oct 2018 #2

i think the bank robber was willie keeler rampartc Oct 2018 #5

bank robber sounds right--I couldn't remember the name shanny Oct 2018 #10

All of it. Only fools, like all Republican politicians : ) think that Autumn Oct 2018 #4

the 1929 crash is the reason social security exists rampartc Oct 2018 #6

Yes it was. I laugh when TV idiot heads are so excited the stock market is Autumn Oct 2018 #7

don't get me wrong, i own stock rampartc Oct 2018 #8

So do I, lost about half my 401K in 08. To depend on either of those would Autumn Oct 2018 #9

Doing "well" one day and "going to hell" the next. democratisphere Oct 2018 #12

It's not perfect, but not nearly as bad as others are suggesting unblock Oct 2018 #13

Inflation is bad we are told... sanatanadharma Oct 2018 #14

Yup, Farmer-Rick Oct 2018 #16

its all a CASINO. 401k's are bullshit. it was a wall street protection scheme. pansypoo53219 Oct 2018 #15