I can’t stop thinking about how stupid Reddit stock market discussions are

Ever since the fed insured all depositors people continued calling for a mega 2008 style collapse in the banking sector. I tried to post how banks were an amazing buying opportunity, only to get downvoted and tons of fear mongering comments. It’s extremely obvious- once confidence in the banking sector is shored up, there won’t be more bank runs.

Then there’s people saying the dumbest shit like “the fed BAILED out the banks with tax payer money, the poor have been fucked yet again!”

They used FDIC money which is pooled from banks paying insurance premiums for this exact scenario. And the liquidity banks are being offered is a LOAN. They’re not getting free money and it will all be payed back. So many people think letting a chain reaction of bank runs to occur is “ripping the bandaid off”. As if this is just a natural part of the boom and bust cycle. No, you’re talking about inducing an easily preventable Great Depression which would completely fuck the poor people you claim to be defending.

I’m tired of fighting off these complete morons. They are almost always wrong it’s literally insane these idiots get upvotes and people following their trades. I saw some genius citing all these sources and facts saying in Q3 there will be a recession so he’s going to short the S&P. You’re going to short an index that historically ALWAYS goes up? Timing the market never works out, you’d have better luck winning at a casino than predicting when market dips will occur.

I understand the temptation to do research and track the numbers to try and predict market downturns. But even the experts fail to be accurate, and you’re just a Redditor with zero expertise acting like you’re a professor in economics with a PHD in monetary policy.

People on here lack any nuance. I’d be shocked if more than 5% of posters and commenters here come close to beating the market.