this post was submitted on 15 Apr 2026
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This stock market is so unbelievably detached from reality it's not even funny anymore. It's all "meme stocks".
At least back in the day there was the thinnest guise of this stuff having some semblance of a connection to the ground-level economics of business. (You know, old fashioned stuff like employing people to make products and selling them for a profit.) My parents generation could at least be forgiven for believing that it was driven by serious people making logical decisions about money...
But today it's just so clearly based on vibes, algorithms, hype, and an unhealthy dose of total randomness that you might as well get into cryptocurrency or take your paycheck to the casino.
The whole thing stinks. It's like one giant ponzi scheme fueled by ketamine and hopium.
Always has been. Nowadays it's just visible to everyone.
Some things have changed, it used to be fueled by cocaine and hopium.
It still is, but it used to be too.
Back in what day? 25 years ago this is exactly what happened with the dotcom bubble and it was just as silly.
I'm gonna disagree with you. I think it's only gotten dumber with things like Robinhood and communities like wallstreetbets.
That's shifting the blame from the institutional morons with the real money to the piddly retail morons. Goldman Sachs is capable of this stupidity all by themselves.
No, silly, 25 years ago was nineteen seventy... Wait.
26 years later and my brain still default counts back from 2000. Stupid brain.