Re:Nasdaq plummets 4% into correction territory
by dataviz1000 on Thursday November 05, 2026 @04:45PM
(#50384887)
> retired boomers
That isn't where the money propping up the SP500 is coming from. It is a ponzi scheme, yes. It is held up by $40,000,000,000,000 in national debt. That can is getting kicked down the line to one or two generations that haven't been born yet.
You and I don't need to worry about it because we will be long gone by then.
All we know know is that Elon isn't getting any more freshly minted currency.
That isn't where the money propping up the SP500 is coming from. It is a ponzi scheme, yes. It is held up by $40,000,000,000,000 in national debt. That can is getting kicked down the line to one or two generations that haven't been born yet.
You and I don't need to worry about it because we will be long gone by then.
All we know know is that Elon isn't getting any more freshly minted currency.