☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 5 months agoNvidia, Microsoft and Apple are bigger than China's stock marketwww.bnnbloomberg.caexternal-linkmessage-square3fedilinkarrow-up121arrow-down10file-textcross-posted to: worldnews
arrow-up121arrow-down1external-linkNvidia, Microsoft and Apple are bigger than China's stock marketwww.bnnbloomberg.ca☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 5 months agomessage-square3fedilinkfile-textcross-posted to: worldnews
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-up3arrow-down6·5 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-up7·5 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