Re:Why is the stock market rallying when the economy is so bad?
by xondono on Sunday May 10, 2020 @03:50PM
(#23135533)
Exactly, you get rich by doing what the rich want, not what most people want, that’s why Lamborghini owns Volkswagen! Wait..
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Re:Why is the stock market rallying when the economy is so bad?
by jjoonathan on Sunday May 10, 2020 @04:16PM
(#23135774)
Serving the middle class is an excellent strategy precisely to the extent that the middle class has money.
Serving the middle class was an excellent strategy precisely to the extent that the middle class had money.
Serving the middle class will be an excellent strategy precisely to the extent that the middle class will have money.
Re:Why is the stock market rallying when the economy is so bad?
by pineaux on Sunday May 10, 2020 @04:23PM
(#23135829)
You think Volkswagen makes cars for the poor? Show me a poor person who can buy a new car and I will show you someone who is borrowing.
Re:Why is the stock market rallying when the economy is so bad?
by xondono on Monday May 11, 2020 @04:02AM
(#23139868)
I didn’t imply that they made cars for poor people, I implied they don’t make cars for rich people.
There’s a lot of people that are neither poor nor rich, that people keep thinking in those terms baffles me.
Re:Why is the stock market rallying when the economy is so bad?
by HPsquared on Sunday May 10, 2020 @08:03PM
(#23137481)
"Cars for the rich" is not their MO.
Re:Why is the stock market rallying when the economy is so bad?
by sudosysgen on Monday May 11, 2020 @01:10AM
(#23139088)
Their MO used to be "The People's Car".
The People do not buy new cars without massive credit anymore, and in general do not buy new cars at all.
Re:Why is the stock market rallying when the economy is so bad?
by xondono on Monday May 11, 2020 @04:04AM
(#23139888)
“They do not buy new cars” is a great way for car manufacturers to lobby for more benefits.
Looking at sales numbers, “they don’t sell as much as they used to” is waaaay more accurate.
Re:Why is the stock market rallying when the economy is so bad?
by chrisco255 on Sunday May 10, 2020 @04:43PM
(#23135992)
"If you want to dine with the classes, you've got to sell to the masses."