this post was submitted on 19 Jun 2026
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No more crashes? That's something you would hear just before the biggest crash in history. Don't kid yourself. You're right that the stock market is completely divorced from actual economic activity of the companies listed, though
Every time I say this I get this comment or one like it... since 2014. I invite you to save this thread and come back and make me feel like a complete moron when it happens. Eventually, I think everybody will come around.
Edit: I started to come to these conclusions when I read the book I mention above - it's more than 10 years old now. I'm not alone in thinking these kinds of things, the book's author does as well
I happen to have read that book at the time. It doesn't say no more crashes. Has nothing to do with the overall trend in the stock market, even. "Stock market is rigged" he's referring to a specific part when you place an order, it happens in milliseconds. That's something else from valuations being inflated or no more crashes