Amazon just lost $1 trillion in market value making it the first publicly traded company to do so.
Amazon isn't the only company to lose value after pandemic highs, but it's the first to fall more than $1 trillion. https://t.co/5JjaGdwecF
— CNET (@CNET) November 10, 2022
It’s stock was artificially inflated during the virus hoax because people were locked in their homes so more people were buying products online than normal. You also had speculators driving up the price of tech stocks during this time.
Now we are seeing the ultimate end result of all this insanity. Everything is crashing.
You may recall that Amazon’s founder Jeff Bezos who rarely makes personal political statements, criticized the Biden regime for their horrendous economic policies a few months back.
Ouch. Inflation is far too important a problem for the White House to keep making statements like this. It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics. https://t.co/XgKfEICZpk
— Jeff Bezos (@JeffBezos) July 3, 2022
Even with all the vote fraud and all the chicanery in the election system, it is hard for me to believe that the Democrats can continue with these policies when they are threatening the wealth of American oligarchs like Bezos and others. Something is going to give. Any system that is propped up through endless lies and corruption like this one eventually collapses.
