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   pasture@btrfly.social's status on Saturday, 23-Mar-2024 22:20:12 JST pasture
   >Buy Instacart with Klarna
   DEATH
   • Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
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     iced depresso (icedquinn@blob.cat)'s status on Saturday, 23-Mar-2024 22:20:11 JST iced depresso

     in reply to
     @pasture microloans to buy groceries
     we swear we aren't a third world nation though
     Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
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     Doughnut Lollipop 【記録係】:blobfoxgooglymlem: (tk@bbs.kawa-kun.com)'s status on Saturday, 23-Mar-2024 22:22:12 JST Doughnut Lollipop 【記録係】:blobfoxgooglymlem:

     in reply to

     • iced depresso
     @icedquinn @pasture "The economy is doing great! Just look at the stock market!"
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     iced depresso (icedquinn@blob.cat)'s status on Saturday, 23-Mar-2024 22:25:47 JST iced depresso

     in reply to

     • Doughnut Lollipop 【記録係】:blobfoxgooglymlem:
     @tk @pasture violence upon pundits who equate NASDAQ to anything other than rich people speculating for profit
     Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
     Doughnut Lollipop 【記録係】:blobfoxgooglymlem: repeated this.
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     iced depresso (icedquinn@blob.cat)'s status on Saturday, 23-Mar-2024 22:27:33 JST iced depresso

     in reply to

     • iced depresso
     • Doughnut Lollipop 【記録係】:blobfoxgooglymlem:
     @tk @pasture like i guess in a deranged way you can use stock quotes, and traders do, by like making your own index of "here's every business in transportation" or "here's every business in food" and then *those* going up or down can kind of forecast how speculators feel about food and shipping, but they ... don't. it's just like
     
     oh naw the top 100 corpos took a shit/puffed up their stonks, this somehow means anything to john q public
     Doughnut Lollipop 【記録係】:blobfoxgooglymlem: likes this.
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     iced depresso (icedquinn@blob.cat)'s status on Sunday, 24-Mar-2024 02:17:33 JST iced depresso

     in reply to

     • Doughnut Lollipop 【記録係】:blobfoxgooglymlem:
     • lifts
     @lifts @tk @pasture i kinda just meant how pundits use the general stock index as some indicator of how well the country is doing
     
     but yeah long positions are fine. its the short sellers that cause the problems there.
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     lifts (lifts@bitbang.social)'s status on Sunday, 24-Mar-2024 02:17:34 JST lifts

     in reply to

     • iced depresso
     • Doughnut Lollipop 【記録係】:blobfoxgooglymlem:

     @icedquinn @tk @pasture Some would say that the incentives of stock traders taking longs mean that if they’re buying a stock, that reflects prosperity of the firm and therefore the employees. Such pundits are more than welcome to defend their argument from their free forced vacation to Proxima Centauri. (I wish them well.)