☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 6 months agoNvidia, Microsoft and Apple are bigger than China's stock marketwww.bnnbloomberg.caexternal-linkmessage-square2fedilinkarrow-up117file-text
arrow-up117external-linkNvidia, Microsoft and Apple are bigger than China's stock marketwww.bnnbloomberg.ca☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 6 months agomessage-square2fedilinkfile-text
This highlights how stock market plays a far bigger role in US economy than it does in China. https://archive.ph/xx9j0
minus-squareEm Adespoton@lemmy.calinkfedilinkarrow-up2·6 months agoWell… yes. That’s what happens when the government effectively owns all the businesses in a country… investing in its stock market makes little sense when the government controls everything. They pick the winners and losers, not the investors.
minus-squarecarl_marks[use name]@lemmy.mllinkfedilinkarrow-up4·6 months ago They pick the winners and losers, not the investors. Based
Well… yes. That’s what happens when the government effectively owns all the businesses in a country… investing in its stock market makes little sense when the government controls everything. They pick the winners and losers, not the investors.
Based