At what point will the US stock market being literal meme stock all the way down actually start having a material effect?
this post was submitted on 12 Jun 2026
65 points (100.0% liked)
Chapotraphouse
14391 readers
588 users here now
Banned? DM Wmill to appeal.
No anti-nautilism posts. See: Eco-fascism Primer
Slop posts go in c/slop. Don't post low-hanging fruit here.
founded 5 years ago
MODERATORS
It does feel like financial capitalism will keep trucking along up and until the bottom (material reality) falls out, and if that doesn't start to happen with the oil supply simply becoming too low to sustain basic functioning society (and prevent food riots) then idk 
The stock market can stay irrational for a very long time, maybe indefinitely, as long as the USD retains its global status. If you’re China and you have a comical glut of USD, literally what else do you do with it other than buy up stocks and bonds. There aren’t enough real assets to buy up otherwise, and their monetary wealth would devalue.
i look forward to finding out how many Luigis it can tolerate
Well the world is anout 100x worse than it was in 2016 so at least the math checks out
Healthcare please
Beat Elon like a piñata to get it
It’s because Tesla and SpaceX made the world 100x better. If not more.
Can you even remember life before the Cyber Truck? Has humanity ever got a banana almost into orbit? How could your yacht or combat drone connect to the internet before Starlink?
Capitalism rewards creativity, innovation. The system works.
🤮🤮🤮
We got a few 
on hexbear as well going "He sucks but at least he did [insert something he didn't do but just said he did]".
Someone post that deep-fried image of someone pointing a gun at him please
Thank you, I love you
❤️
Can't believe he's about to take a bullet for 
Anything to get an invitation to one of the parties
In case you'd like it un-fried, here's the original
Just noticed that it looks like the woman with white hair on the right is his mum
That's a Ruger GP100, 357 magnum, solid choice.
I think about that image daily
I don't put much stock in manifesting, but I would love to be proved wrong
I started paying a subscription to Etsy witches
I just entered into a relationship with a woman who worships Hekate, god of witchcraft
Brb throwing plants into the cauldron before I start my next run
need those charlie kirk etsy witches
Consent manufacturing is absolutely off the charts right now. Just another day in hell I guess
All that wealth is going to trickle down on me and the world will be right and my cheating no good ex-wife will call me.
Greatest country in the world btw 
The free-est.
Makes me fucking sick for a laundry list of reasons
LET'S GOOOOOOOOOO time to look forward to who will be the world's first quadrillionaire! 
I bet it will be an Israeli whose companies produce literally nothing physical but is the proud owner of the world's first private nuclear weapons.
Really good idea
just like SodaStream 
Successful Bond villain
if mario jumped on his head a lot of coins would fall out
Inshallah he will face justice one day. Of course the world's first trillionaire was always going to be the mutant sex pest blood diamond dip shit fucking smoothbrained megadivorced poser. A trillion fucking dollars and he can't buy one person that actually likes him and isn't trying to get that bag. Disgusting maggot, child killer. 
he gets what he deserves
i thought it was an emerald mine?
What does it mean exactly for SpaceX to be valued at over 2 trillion dollars, where does that money come from?
See, your problem is you're trying to use critical thinking, but the stock market is the dumbest thing in existence. The money doesn't actually exist, that's just what they could hypothetically get if he sold all those stocks (and actually found people who are willing to but them at that price (and the price would go down if so many stocks were sold at the same time (which would probably cause a crash of the stocks valuation because it's valuation is only based on vibes that it's gonna keep going up and eventually make money somehow (and also a retirement fund scam now I guess))))
Don't worry: if he wants the money, he'll just use the stock as collateral to "borrow" it, rather than "selling".
Capitalists figured out the market devaluation thing a while ago.
i think the funniest consequence of SpaceX IPO is that there are now so many new millionaires minted that the housing market in silicon valley and texas is going to explode.
this is just one of three massive IPOs minting thousands of new millionaires in the Bay Area. Anthropic and OpenAI are coming too.
My partner and I were trying to find a 3 bedroom 2 bathroom house around there, not that we can afford one, and it can't be done for less than $1.4 million and those houses are pretty crap. Like one was 900 sqft and cost $1.9 million.
In the heartland, you can get that same house for 1/15 of that sticker price.
There's a baseline, and then there's the waves of markup that the upper tier of the economy is coasting on.
Don't I know it. I keep telling my partner that but she's too afraid to leave because layoffs are the norm now and the next job almost assuredly won't be a remote job.
All the good that that money could go towards achieving, rather than sitting in some dick heads bank account.