Big Tech Censorship Likely Affecting Their Stock Prices
Firstly, I want to say that this is purely speculation and opinion of why the stocks are being affected and I do not have a background in finance or financial analysis. So if I'm wrong, feel free to point it out. What I'm talking about here though is mainly that it seems to be there is a correlation in big tech censorship and their stocks dropping accordingly to each big censorship "attack." My assumption is they want it to happen enough that people are scared and censor themselves so they don't have to do it themselves and keep losing stock because the original motivation I assume was to clean up their platforms for advertisers, but now there are less users and the platforms is becoming less valuable.
What do you think about all this? Let me know in the comments.
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I am watching your videos right now in youtube
Thanks so much!
Part of what drew me to the Steem Blockchain (and Tsu, for that matter), was the collaborative nature of the community. It's a feature that is sorely missing from Facebook, Twitter, and the like. People are too destructive, even over mere disagreement.
I'm in agreement with you, though. As much as I loathe the phrase, "get woke, go broke," it's unfortunately become increasingly relevant. Pandering to any extreme (progressive, regressive, liberal, conservative, doesn't matter) will alienate the otherwise moderate, upstanding members of your community. Also, I notice an increasingly alarming push to silence those who disagree on sites like Twitter. I find the use of banning over "hate speech" to be the most troubling. Some of the people caught up in bans deserved it. As much as I hate what Alex Jones does, I don't believe he deserved to be banned. I don't believe @tftproject deserved to be deplatformed. Just because they're not aligned with your ideals doesn't mean they're inherently evil. Jones is an idiot, I won't argue against that in the slightest. But I'm seeing a whole lot of othering of people outside this highly insular clique.
It was this othering mentality that allowed Hitler to squash all of his opposition. It allowed him to build a ministry of propaganda to control the masses. And I see quite a few parties employing the exact same playbook. And that worries me.
Yes it's the same playbook indeed and it's very troublesome. It's a scary time when the only way to know you're safe is to be openly left.
Actually, the left utilizes mob violence, othering, and dogpiling. If anything, the left is almost worse, because they commit their atrocities under the guise of saving the world. It's the zeal of Arthas Menethil, led astray in the same manner.
That's not to say the right is any better. They employ much of the exact same tactics. Can you tell I'm an outsider?
I meant, it's safer for you as an individual to identify with the left to avoid being censored and attacked. Not in any way would I suggest doing so, I'm just saying it's a sad reality. I would not align with either side.
Ah, that makes more sense. Blend in, for the sake of not being a target.
Q anon is going over all this, you familiar with that? qmap.pub This is absolute craziness the "left," I call them collectivists. I think they will all go the way of myspace. Social media as we knew it is no more (except here on STEEM).
Yeah sadly, I agree
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The biggest reason for the decline in the stock market is that the U.S. Federal Reserve has been increasing interest rates consistantly since 2015. @scottcbusiness
And the biggest reasons for the advances in the stock market since 2009 include:
The U.S. Federal Reserve slashing interest rates close to 0 a little bit before the bull run started in 2009.
Tax cuts
Share buybacks
At this point it doesn't matter what Facebook or any of the FAANG companies do.. if interest rates continue to rise, stocks will continue to fall.
We don't have market cycles anymore, we have credit cycles. I recommend that you start following @themoneygps for general economic insight and @scaredycatguide for cryptocurrency forecasts.
@scaredycatguide doesn't offer guarantees but she (or he) does offer odds and possibilities that are helpful.
Wow amazing insight my friend. So you don't think there is a correlation?
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