wadatahmydamie
14681
839
9
https://bsky.app/profile/wadatahmydamie.bsky.social/post/3mcaeee7w6s2n
Jan 12, 2026 4:10 PM
wadatahmydamie
14681
839
9
https://bsky.app/profile/wadatahmydamie.bsky.social/post/3mcaeee7w6s2n
beerkrump
The economy is a measure of whether you should buy a second yacht.
gtollie
The people who benefit…
TheSlouchOfBethlehem
Let them eat maga hats
alcamar
And lick boots, just as their god intended
EroticZombiePants
I'm sure they are already pivoting towards BRICS for when it takes over for the Dollar as the currency running the markets. The dollar will collapse completely.
pgdave
If the dollar collapses, it'll happen very, very slowly and then all at once. However, despite the problems we do have we still have a *very* robust actual economy. When you look at the things produced here, the actual value of the labor being performed, we still have a lot of value to offer.
taez555
dinahmoe
The meek shall inherit nothing
https://www.youtube.com/watch?v=ZJXaFuDcOx0
10SANDMAN01
Dump just says this is the greatest economy ever... never saying the greatest for who?
Ive got a sneaky suspicion he's not talking about the people of the US.
RummageSaleBubbler
So AI stock gains, while the median stock ticker (and human) had a loss?
pgdave
No, AI stocks didn't grow by such an incredible amount as to offset an actual loss.
DSREX
Until the bubble pops and we are all in food lines because these AI idiots are going to crash the global economy.
cytherians
The monetization of AI has many flaws. The wealthy didn't think it through, because this is just another "spaghetti bowl toss" to see what sticks. Just like the dot.com boom of the late 90's. I remember those days. Capital investment firms throwing a few million here and there at each start-up. Then one start-up goes viral on the stock market upon IPO and they make a killing. Then ENRON happened.
pgdave
And just like the dot.com boom of the 90's, there's *real* value in the technology, we just don't yet know how to use it or have the infrastructure for it.
SavageDrums
They are completely out of ideas, so they're all in on the only way they think they can continue to make money forever. But there is absolutely no way for it to ever turn a profit...
SlaaneshiRightsFront
Also, for anyone that considers themselves an investor, the top 10% wealthiest americans own 93% of all privately held stocks, and just the 1% own a full 50%
You are not an investor, you are a gambler, but it's important that you THINK you're an investor so you don't question everything done to protect the personal interests of a small handful of actual investors, at your expense.
LaffertyDanie1
This is the distribution according to the Fed
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/chart/#range:2010.2,2025.2;quarter:143;series:Corporate%20equities%20and%20mutual%20fund%20shares;demographic:networth;population:1,3,5,7,9;units:shares
SlaaneshiRightsFront
I applaud your willingness to do what I was infinitely too lazy to take the time to 🫡
Chereazi
It didn't actually grow 16%, the dollar just dropped a lot (dollar dropping means the same stuff costs more dollars, that also applies to stocks)
Real growth was only 4%. So in reality, the year was just pretty much flat.
FoxySpirit
If real growth was only 4% and the rest inflation, that would put the inflation at a whopping 10%. Does this check out?
Chereazi
It's a bit more complicated, since it depends on international trades which the big companies that carry the market for to a huge extent do a lot, but basically roughly yes
OddlyPacific
Growing the value of gold futures! Great success! /s
Chereazi
Oh gold is going great, am up 140% over the last 5 months, big fan xD
OddlyPacific
Buy on Tuesday, sell on Monday
Whycantiwinthelottery
Silver is killing it too.
OddlyPacific
Palladium and platinum as well! So much winning!
pompoikpoik
To be honest, this would not be specific to this administration....
wadatahmydamie
It is. Biden’s economy grew across the board, and the stock market went up.
pgdave
There have been other times where markets were up and unemployment was up, i.e. this isn't a unique situation.
pompoikpoik
2009, market and unemployment were both going up
wadatahmydamie
Yeah, the Bush economy was fucked all right. Biden fixed that too. It was his primary responsibility in the Obama administration.
pompoikpoik
Are you in love with Biden?
wadatahmydamie
It’s objective reality. If objective reality makes you feel like sucking cock, that’s great, but don’t make it someone else’s problem.
wadatahmydamie
(Note: I attempted to tag this post. Business Daddy tampered with the tags system, it would seem)
Comet260
Don't use the app or mobile site.
mineoc
If you edit your post and _only_ change the tags it should save the tags properly.
wadatahmydamie
Edit: Thanks to @mineoc for the help, and a crisp 🖕 to @CloseupCaptionReaction for the lack of help
CloseupCaptionReaction
Bullshit. Edit and tag.
MeeseOnABeam
bro lacks information
EmailFail
Fuck off, ya giant baby
MyProfileIsIrrelevant
Cool tantrum. You'll be fine.
Causeitsmadeofmeat
Eat shit you ignorant motherfucker
DSREX
People acting like politics dont have a place here have a very narrow world view.
And if they want to put their head in the sand while the world burns around them, well that is not our problem.
Tag, dont tag who cares. The tag warriors can fuck off.
EroticZombiePants
Countless non-Americans already know America is a fucked-up shithole. If they don't want to see an endless barrage of reminders, I can't blame them for blocking things. I mean they aren't in any position to do anything about it here. Their concern should be preventing the same thing from destroying their own country.
wadatahmydamie
Sure, and I try to respect that. Now I know how to kludge a solution because if we wait for BD to handle things, we’ll die of old age first
Causeitsmadeofmeat
Which require that people make the information unavoidable
DSREX
The thing you are missing is that many times this site has been one of few methods of communication to get ideas out of war zones or oppressive governments.
And block them or not, becoming down vote machines over it is different.