From Athens to Berlin, governments are coalescing around an idea to turbocharge the economy. If successful, it could be transformative ― but it’s a big if.
  • jenesaisquoi@feddit.orgEnglish
    1·
    3 months ago

    “We want to gamble with people’s savings and retirement funds”

    Fuck off. Fuck all the way off. Then fuck off some more.

    If you want someone to invest into high-risk ventures, have the ultra-rich do it. They can afford it. Or the institutions which literally exist for this purpose: banks.

    • poVoq@slrpnk.netMEnglish
      1·
      3 months ago

      The “problem” is that these banks hold most of the savings and retirement funds and when they were found to use them for excessive gambling after the 2008 financial crisis, the regulators put some limits on that.

      On the other hand, the ultra-rich massively benefitted from their stock investments in the last couple of years. While institutional investors largely lost because of the regulations in place. So if you believe stock markets are a good way to manage investments, then regulating them in a way that only the ultra rich can benefit from them is probably a bad idea.

      But IMHO the entire idea of using a casino (where trading values are largely divorced from the real value creation of the companies traded) as the primary means to steer investments is bad.

    • muelltonne@feddit.orgEnglish
      1·
      3 months ago

      Don’t listen to Axel Springer propaganda. They lie and distord facts. They want to make you angry.

      • roboto@feddit.orgEnglish
        1·
        3 months ago

        I mean you being condescending isn’t exactly contributing to the culture here and maybe it’s contributing more to not post low quality content than posting just for the sake of it.

        • CAVOK@lemmy.worldOPEnglish
          0·
          3 months ago

          First you whine about the link I posted, and now you whine about me asking you to contribute better links if you’re not happy with what I post.

          You were saying about contributing to the culture here?

          I contribute links I find interesting and if that bothers you so much you can just block me. I’m alright with that.

          • roboto@feddit.orgEnglish
            1·
            3 months ago

            I suggest starting with the Wikipedia Article on Axel Springer to understand what’s wrong with them. If you already know and you don’t care that explains a lot, but judging from the votes and the comments, most other people also don’t find your article interesting. That together with your style of communication are really not contributing a lot here. Posting ≠ contributing.

  • Saleh@feddit.orgEnglish
    1·
    3 months ago

    I fail how investing in “the stock market” should be more stimulating than banks handing out loans to businesses, which they do with the money people have “saved” in their accounts.

    If they talk about people buying companies when they launch into the stock market, or buying bonds issued by companies, these are precisely the markets were normal end customers should not interact. The information imbalance and risk there is much greater than with established stocks. But me buying a share of one company from another person or institution does give the company exactly zero money.

    For companies to raise money at the markets only handing out new stocks or selling bonds are direct options afaik.