By now, most of us have heard about the latest round of stock-market turbulence: the $10.4 billion price cut on airlines and other assets.
Many of us may have seen the headlines: The airlines’ stock prices plummeted to record lows after the announcement that it would cut their stock dividends, and they’re now back up to record highs.
(The New York Times’ headline, “Airline CEOs Take a $5.6 B Cut, but Investors Need to Invest Now,” is a bit of a misnomer.)
But the story of how these stocks have fallen is far more complex than that.
A lot of people are confused about what stocks are, or are not, “in the stock market.”
That’s because they’re often not listed in one of two ways: they’re a stock on the New York Stock Exchange (NYSE) or a “stock exchange-traded fund (ETF) or index fund (ISA).”
For most of history, stocks were simply traded on both.
But the stock exchanges have changed.
A few years ago, they were mostly focused on a handful of stocks.
Today, they’re mostly focused only on a few.
And they have a lot of overlap.
The major companies listed on the NYSE are almost all listed on some kind of ETF.
The biggest ETFs are also the biggest companies listed in the NYS.
And the big indexes have lots of overlap: a large share of their investors own a large number of shares in companies that are listed on one or more of the indexes.
But in addition to the overlap, there’s also a lot more money at stake.
For example, when we compare a stock’s market capitalization to the size of the economy, the size is important: it tells us how much capital a company has.
(A large share means that it has more money to invest.)
The stock markets are like a giant casino, where you can bet on the outcome every single time.
If the game is rigged, the winning hand is more powerful than you can imagine.
But if the game isn’t rigged, then it’s just like playing chess, which is a game that is not rigged.
And there’s no such thing as “right” or “wrong” or even “good” or bad.
What is important is that the market is rigged: It’s based on the decisions of a small group of people who are able to make the most powerful decisions for them.
So what do these people decide to do with all that money?
What’s the strategy?
If you want to know more about that, read on.
There are two ways of analyzing how big a market is: on the basis of how much money it generates and on the percentage of that that goes to management.
A very large market generates more money than a very small one, because the market’s size means it has a larger market capitalizing power than a smaller one.
But a very large one is more volatile, and that makes it more susceptible to manipulation.
The more volatile the market, the more likely the stock will move in the wrong direction.
And if the direction of a stock is unpredictable, it’s even more likely that a stock will go down.
So if the markets are rigged, how do you know if the stock is rigged?
That’s a question that goes back to the founding fathers, who made a lot out of the idea that the government had a monopoly on money, and therefore could manipulate markets in order to make sure that the money people got was better than the money they got from the people who made the decisions that they were supposed to make.
In the 1800s, Thomas Paine was one of the first to try to find out how that monopoly worked.
Paine argued that the American government had been doing this for centuries.
He said that if the government could just control the money that was being used to pay for the goods and services produced by the people of the country, then the people would be happier.
Paine said that by controlling the money, the people could control the people.
So, if the people got more money, then they would be happy.
Poverty wages would increase the incentive for people to work harder, and so the economy would grow.
So if the economy grew more slowly, then people would have to work more, which would lead to inflation and other problems.
In other words, the government would have a monopoly.
The first thing that came to mind when thinking about Paine’s argument was the theory of rent seeking, or the idea of people trying to get rich by making money by stealing from others.
This is a theory that was first developed by Adam Smith in the 1700s, and it’s the basic idea that we have now in economics: if someone has money, they can make money by taking from others, either by stealing it from someone else or by using it in some other way.