Marxism-Fennekinism to Late Stage Capitalism • 2 years agoHow to Invest When Inflation Is Bad and a Recession May Loomnytimes.comexternal-linkmessage-square5fedilinkarrow-up111arrow-down13cross-posted to: shitcapitalistssay@lemmy.ml
arrow-up18arrow-down1external-linkHow to Invest When Inflation Is Bad and a Recession May Loomnytimes.comMarxism-Fennekinism to Late Stage Capitalism • 2 years agomessage-square5fedilinkcross-posted to: shitcapitalistssay@lemmy.ml
minus-square@redtealink8•edit-22 years agoThe journo-scammer complex. Who do journalists write this kind of article for? People with money aren’t getting their financial advice from newspapers. They pay accountants, lawyers, and financial advisers for that. So this kind of story is for the segments of the proletariat and petite bourgeois who don’t have much but have enough to save for a rainy day. Edit: spelling
minus-square@supersolid_snakelink4•2 years agoYep, it’s to scam to create a floor in the market for rich people. That’s why retirement funds are also forced to invest in speculative assets.
The journo-scammer complex.
Who do journalists write this kind of article for?
People with money aren’t getting their financial advice from newspapers. They pay accountants, lawyers, and financial advisers for that.
So this kind of story is for the segments of the proletariat and petite bourgeois who don’t have much but have enough to save for a rainy day.
Edit: spelling
Yep, it’s to scam to create a floor in the market for rich people. That’s why retirement funds are also forced to invest in speculative assets.