They have pretty terrible economies essentially devoid of tech companies which is the profit center for our economy. That is the key fundamental difference.
Stock market is a huge problem for our society in todays world. We used to invest to promote growth and improve companies products but now for the most part it almost feels like a game. Rich market people making shit up/punch numbers to show growth but in actuality they do nothing. But it is what it is. I still invest because im a pig and I like dirty money.
So what? The govt was ostensibly giving companies money to not fire people right? If a plumbing company with 5 employees got money, why canāt a company like the lakers with 200 (or whatever the number is) employees get it as well? Should the Laker employees have suffered because they worked for the Lakers and not for Small Business Plumber?
As I said before, the root of the problem was the stupid lockdowns. Had those not happened PPP and the rest of the trillions printed wouldnāt have happened. But if the govt is throwing money around, I donāt see why the Lakers shouldnāt get a cut of the action as well.
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LeGM ruined the franchise.
fixed it for ya
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Nothing says end of world and banking crisis like s&p being up 3% on the day.
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LH really needs a dislike button
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Which part did you disagree with?
The ruined the franchise or that heās the goat?
KD ruined the NBA donāt forget that 
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memorializing this post for posterity
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I mean a bank could absolutely blow up at some point in the future if we are talking perpetuity, just the CS stuff was so overblown and there isnāt that much risk in the short term.
Never thought Iād read her name on this forum, but her newsletter is solid!
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I disagree with Lebron being the GOAT 
Also why is this topic in slow mode lol
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He is the GOATā¦in stat padding
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Weāre due for another new GOAT soon, they seem to take a few years.
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The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.
ā Ben Bernanke on June 9, 2008
The Dow Jones industrial average added 410 points, or 3.9%. The Standard & Poorās 500 jumped 50 points, or 4.3%. The Nasdaq composite gained 100 points, or 4.8%.
ā September 18, 2008
All is well everybody. Buy, buy, buy!!
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But but but it always goes up in the long run. So just keep piling into that 401k for 40 years just in time for the bail insā¦. Already talking about that in Europe. Theyāre going to steal the pensions, either directly or through inflation.
this is very impressive
Yeah and his name is Cade Cunningham
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Pleaseā¦victor