Quote:
Originally Posted by Slava
What indicates the market is in meltdown? The stock markets at all time highs? Low inflation? Rate cuts likely coming next month? Unemployment isn’t soaring and honestly, things seem pretty good for the US at this point.
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The stock markets indicate how the richest in the country are doing, not the rise or lowering of the standard of living. Unless you believe in trickle down economics.
A crash could mean panicked closures, and that could effect the masses directly, but otherwise 100 points = 1 lavish Eyes Wide Shut ball.