Comments by "Mark Armage" (@markarmage3776) on "The Wall Street Journal"
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That's not how company works, pal, stock price is not stronger company, the company stays the same, the stock you have already issued is being traded, the money in the stock aren't theirs, if they're out of money, and they issued new stocks to get more money, the price will fall, and people bubble will burst.
If the price of stock goes up while they're doing nothing, it means those stocks aren't backed by anything. If your company is defined by stocks, it's crazy, it's how your company is that will impact the stocks.
Analyst can't predict the future, it's really difficult because people buy and sells on a delusion now. But there's a rule, things not backed by anything, can fall easily as it's made.
Tesla the stocks is rising, but Tesla the company is not. That's your bubble.
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No, that's ridiculous, pal. Nobody saw this coming. Because they hide it from the world.
What SBF did is not a ponzi scheme, it's just theft, customers put in cash, he used those cash not for reserves, but to invest and buy cryptos, people want withdrawals, they don't have enough cash, people start to sell cryptos, the cryptos they hold fall in prices.
It's not fraud, it's theft, 2 different things.
Now the nonsensical valuation of crypto can be true, but that's not what happened here, there was no "bubble", this is just theft.
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Van Yaeger The unfortunate thing is that such society doesn't exist, because humans are destined to be classified into the worthy and the unworthy.
You work, I work harder, smarter I worth more than you.
That's simple, anything short of that is called slavery. Rich people don't start from rich, only a small amount of heirs and heiress are, normal people, if they don't keep creating wealth, they will go bankrupt. Would you yell at a doctor's face telling them that they're stealing from you? Despite saving people's lives for it?
Why are you using YouTube? I thought the rich steals from you? YouTube is provided by billionaires, they're stealing, right? Idiot.
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Van Yaeger Nice try, pal, that's just pure stupidity. You're not slave to anything except yourselves. How do you explain lawyers making 10 times your salary if they're not paid what they're worth?
How about get out of the bubble, what you're paid is what you actually worth, you want to know why? Because you can just quit and they'll find the next person immediately, you're not special, the value you add is not enough for people to pay you more.
Study more, pal, how can you say that they don't pay what you worth? Who defines your worth? Yourself? Society values you at that much, that's what you worth. If you quit and nothing happens, then society decides that you worth nothing.
Is it moral, yes, because it applies to everybody, you're free to start your own business, do it, but by doing so, you take the risks, you value anything using your own money to pay.
Yang basic income is called stealing, you steal from people to give to other people, there's another term for that, slavery.
And if your fake math is like 10% VAT, therefore 2 trillion dollars, use your brain, the country don't spend 20 trillion dollars on expenditures. Learn real math, pal.
You're not oppressed, you're just worthless, it's harsh but it's the truth.
You don't know real oppression and hardship, go to China, Vietnam, those places don't care of your value and the people has to work as hard as they can hoping to get noticed, not to be paid what they're worth, but to get noticed, why? Because even when they're noticed, there are countless just like them for the same position. Ask yourself, if you quit, can anybody take your place with no considerable damage, if the answer is yes then you're not undervalued, you're low value.
Don't blame people if you're stupid and inadequate, enslave the few people who are creating most of the wealth to satisfy the useless? It's a worse picture than slavery.
At least in slavery, the slave masters had the brains to utilize the slave's work.
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