Is the Stock Market Just a Complex Scam?

From Above the Noise.

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The stock market is a game, and you gotta play it to have any chance of making money. But it’s, like, complicated and stuff. So, I made this video and now I get it. Sorta. Follow me on my journey as I pull back the curtain on the stock market!

SOURCES:

The scarring effects of COVID-19 on the global economy
https://voxeu.org/article/scarring-effects-covid-19-global-economy

The VOC and Amsterdam’s first exchange building
https://www.worldsfirststockexchange.com/2020/11/17/the-voc-and-amsterdams-first-exchange-building/

2020 was the worst year for economic growth since World War II
https://www.washingtonpost.com/business/2021/01/28/gdp-2020-economy-recession/

U.S. economy loses jobs as COVID-19 hammers restaurants, bars (Reuters)
https://www.reuters.com/article/us-usa-economy/u-s-economy-loses-jobs-as-covid-19-hammers-restaurants-bars-idUSKBN29D0J9

60% of business closures due to the COVID-19 pandemic are now permanent, Yelp data shows (Yahoo! News)
https://in.news.yahoo.com/60-business-closures-due-covid-132907991.html

The stock market is ending 2020 at record highs, even as the virus surges and millions go hungry
https://www.washingtonpost.com/business/2020/12/31/stock-market-record-2020/

More than half of U.S. households have some investment in the stock market (Pew Research)
https://www.pewresearch.org/fact-tank/2020/03/25/more-than-half-of-u-s-households-have-some-investment-in-the-stock-market/

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#stonks #stockmarket #GameStop