politics

You need to have wealth to really benefit. Say I make an awesome 7% on both the downside and upside and have $5,000 to gamble with. If you could somehow predict that play 3 times and invest all your 5k, you would walk away with an extra 2.5k, which while nice, isn't going to be life changing. Now if you have millions on the other hand...

You could leverage your position with derivatives, but unless you know exactly when things will happen you could easily wipe out your $5k in a margin call.

Will everyone play into it to make a ton of money?

America's decline will come at some point, sooner or later, so I might as well play the game. Short the American stock market before it crashes and World War 3 happens!

Not to mention the mass sell-off of debt bonds that is going to bankrupt our country.

As evidenced by his raping a woman

He liberated all the dollars from my bank account.

Me too, fam. Me too.

Hey that's what i said!

Nah Pizza cake did a great comic on a guy drilling a whole in the bottom of the boat we are all floating in. We all go down together and only the strong will survive.

But also, don’t you dare call out the inaction of cowardly white American liberals on Lemmy- they’ll demand to know WHAT YOU HAVE DONE to fix their problems and when that doesn’t work they’ll insinuate it’s not your place to have an opinion since you don’t live there.

Meanwhile they whine about how they couldn’t possibly take any action because they MIGHT GET IN TROUBLE! Best they can do is a cute little easily-ignored march on a Saturday if the weather’s nice and they’ve gotten the proper permits.

They’re nearly as bad as MAGA trash.

It's the belief that you can spend your extra money because you're not going to go broke next week due to the stability of "the economy".

I'm personally saving every single penny and not buying a single thing beyond what I absolutely unequivocally need.

Note: It's also entirely possible I may take my extra dough out of my bank and buy gold like one of the crazies on TV because confidence in the dollar is... slipping.

Both.

Copied from various sources elsewhere:

Consumer confidence is a catch-all phrase for the opinions and attitudes of consumers about the current and future strength of the economy.

Consumer confidence index (CCI) is a standardised confidence indicator providing an indication of future developments of households’ consumption and saving.

The Consumer Confidence Index is based on the Consumer Confidence Survey, which has a responding sample size of 3,000 questionnaires. The survey was initially conducted every two months starting in 1967 but changed to monthly tracking in 1977.

There are five questions asked in the survey. The first two relate to present economic conditions while the remaining three are related to future expectations.

it basically measures willingness to spend

no consumerism, bye bye US economy

I may be completely wrong. But I always took it to mean people spending less on stuff they can live without. Either because they can no longer afford it or are expecting something bad to happen on the wallet front