Because the models are wrong. They are based on faulty assumptions. Many investors (and economists) believe the efficient-market hypothesis. They are blind to how markets are often driven by politics. This is why emerging markets often rally when right-wing politicians win elections. It's not because fundamentals suddenly got better or because corporate earnings increased. It's because wealthy investors overwhelmingly prefer right-wing politicians, who they assume will serve their interests by promoting deregulation and privatization. We saw a ridiculous bubble emerge in Argentina's stock market immediately after the election of right-wing "libertarian" President Javier Milei, who has overseen an economic catastrophe. In Brazil, wealthy investors wanted Bolsonaro to win. In fact, they assumed he would win, and this was priced in. When he lost, they panic sold. It was driven by politics, not economic fundamentals.

Messo il lucchetto che ne ho pieni i coglioni di leggere utili idioti per lo status quo.

Però, guardi che è molto difficile che le persone vengano “buttate fuori” dopo uno stage, se sono particolarmente valide le aziende cercano di tenerle.

Faccia un esempio di vita più facile. Pagavamo le telefonate al minuto, per comunicare pagavi caro, o scrivevi una lettera affrancata. Non erano molti ad avere lavastoviglie in casa. C'era una sola TV per tutta la famiglia. Si usavano vestiti dismessi dei fratelli più grandi.