@grte@lemmy.ca to Canada@lemmy.ca • 1 year agoLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.caexternal-linkmessage-square138arrow-up1611
arrow-up1611external-linkLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.ca@grte@lemmy.ca to Canada@lemmy.ca • 1 year agomessage-square138
minus-square@LostWon@lemmy.calinkfedilink4•edit-21 year ago…or just abolish the stock market (at least that’s how I read this).
minus-square@dangblingus@lemmy.dbzer0.comlinkfedilink4•1 year agoAt this point, abolishing the stock market would require a restart on the United States as an entity. The stock market is quite closely linked to the banking system. Closing the stock market would crash the US economy into oblivion.
minus-square@LostWon@lemmy.calinkfedilink4•1 year agoAnd no doubt every other closely-tied economy, as well.
…or just abolish the stock market (at least that’s how I read this).
At this point, abolishing the stock market would require a restart on the United States as an entity. The stock market is quite closely linked to the banking system. Closing the stock market would crash the US economy into oblivion.
And no doubt every other closely-tied economy, as well.