As far as I can see, computerized trading and buybacks exploded prices, while profitability has been going down the drain, with the exception of inside traders and manpipulators. Dividents lost their value quite a few years ago, so such investments stopped making sense.
If you want to destroy an economy, you make sure there are no good investments. True for the US and probably for many other places. Artificially-accelerated inflation contributes to the controlled demolition of the USD and whatever has been left of production and distribution.
Another little issue with Tesla and electrics. They are charged from our electrical grid. Unless the grid is 100% from solar (it is not) then it’s coal or other fossil fuel energy source. So many bubbles to burst.
Exactly the idea.
Sold my US stocks.
Buying a beach house.
As far as I can see, computerized trading and buybacks exploded prices, while profitability has been going down the drain, with the exception of inside traders and manpipulators. Dividents lost their value quite a few years ago, so such investments stopped making sense.
If you want to destroy an economy, you make sure there are no good investments. True for the US and probably for many other places. Artificially-accelerated inflation contributes to the controlled demolition of the USD and whatever has been left of production and distribution.
Another little issue with Tesla and electrics. They are charged from our electrical grid. Unless the grid is 100% from solar (it is not) then it’s coal or other fossil fuel energy source. So many bubbles to burst.