Post #977950

#spacex IPO is a way to stick retail investors with a basket of bad #musk companies, including #twitter. Private capital is pumping and dumping these mistakes automatically into #indexfund investments via #IPO rule changes. That is right, index funds - once an equalizer (kind of) for retail investors - are becoming a way to automatically stick toxic debt and bad investments into the #401k accounts of regular people. #capitalism is constantly innovating! https://youtu.be/8rS3fTbC7TE?si=CMlDLUrjzkt2t9F2