I hope they go to hell
this post was submitted on 18 Jul 2026
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I'm happy to see it, but the headlines of how much money vanishes are ridiculous. Why isn't it equally news-worthy when it goes up then, gaining 1 trillion in value without anything happening in the company?
It's like the market thinks it's completely normal for companies to just increase in value but when they decrease, it's suddenly losing money. What?
It's all speculation! Nothing is real about stock prices. No actual money is gained or lost. Only in our own heads, because we believe that number on the screen.
Next week the company could be worth twice this amount, or half this amount, if some big news shows up. Because it's just fantasy. Speculation.
You can make real money by buying low and selling high, but its still just a game. Just numbers.
Because people have a well known loss aversion bias while negative news and drama sells more news.
That, and the mainstream media is more infotainment now fighting for attention and clicks making truth an expensive luxury. It doesn't help that the rich and powerful bought large parts of the media so they're under a lot of pressure to not say certain things.
Yeah I know but logically it's a bit silly. It's just stupid. :)
We're living in a time where Onion articles become normal news in an embarrassingly short time. Logic escaped the madhouse some time ago.
Those are just internet/market speculation numbers, not of any real value. He's no trillionaire, but his buddies own all the media so he gets the platforms and news cycles to say he's a trillionaire. I'm a little pissed at George Orwell for giving them all of those ideas.
I was thinking the similar thing the other day. I love science fiction and fantasy. But I’d be happy not have any of those if it would had stop these privileged nerds to come up with their “unique” ideas.
Hate to say this but I’d rather live in a bland gray world if it’s going to bring equality and justice.