everybody knows the fight is over
everybody knows the good guys lost

everybody knows the fight was fixed
the poor stay poor, the rich get rich ️

that's how it goes, everybody knows

everybody knows the deal is rotten
old black joe's still picking cotton
for your ribbons and bows
and everybody knows

everybody knows the plague is coming

everybody knows the naked man and woman are just a shining artifact of the past

that there's gonna be a meter on your bed ️
that will disclose
what everybody knows

~Leonard Cohen

but I like the Sigrid version. boo! shame on me!

https://www.youtube.com/watch?v=wfLOt5P6nSk

I don't really have a problem with "Person A invests €X into business B and gains from future profits", but the easily manipulated betting and insider trading just seems obviously dodgy as all heck.

'However, there were many ways of making money in 1928. Never had there been a better time to get rich, and people knew it. 1928, indeed, was the last year in which Americans were buoyant, uninhibited, and utterly happy. It wasn’t that 1928 was too good to last; it was only that it didn’t last.

In the January issue of World’s Work, Will Payne, after reflecting on the wonders of the year just over, went on to explain the difference between a gambler and an investor. A gambler, he pointed out, wins only because someone else loses. Where it is investment all gain. One investor, he explained, buys General Motors at $100, sells it to another at $150, who sells it to a third at $200. Everyone makes money. As Walter Bagehot once observed: “All people are most credulous when they are most happy.”'

The Great Crash 1929, John Kenneth Galbraith

fully agree about the debt issue

the foundation of our modern economy was developing more value (better technology) + a relatively stable and well-policed regulatory environment so that people could invest in their future

the GOP is destroying those things NOW & thus the stock market may indeed be gambling in the future (just as it was in the previous era of tariffs & GOP corruption) but it is not inherently a form of gambling when correctly regulated

you are 1000% correct but... sour grapes is a thing, and people who have sat out the biggest bull market of all time (& potentially the biggest bull market there will ever be) are understandably going to indulge in it rather than admit they were just... wrong & lost out on millions as a result

low cost index funds investing asks only that society / technology continue to improve in ways that add value & thus continue the random walk upward

unfortunately the attack on science will likely put paid to that premise for future generations but there was no "gamble" involved for ours, just math and a relatively stable / well policed investing environment + improving technology

And they selected the Bronzed Aged Gozer as their destructor.
Trump bankrupts casinos for a living.
ETTD.
There is no exception as yet.

*For investments or healthcare or banking or insurance or corporations the foundation is always shared risk / shared reward that this has been corrupted to cause so much harm to people and our home is an acceptance of the greed to always want more of anything.
We can change that.

"The stock market looks like gambling, but it's actually fraud"