The thing is, the “people” propping it up, are massive tech companies with collectively trillions of dollars to burn on this thing that is making their stock prices soar.
They have no incentive as the primary investors doing the circular buying to stop. The big problem here is the stock market provides awful incentives to everyone.
TheGrandNagus@lemmy.world 1 month ago
The market can remain irrational for far longer than you can remain solvent