The Economy is Shaking Out Small Players
Assalamu alaikum. To everyone. I just wanted to give you sort of a glimpse of what's actually happening, with the global economy. And you can look at the stock market and what just happened just a few moments ago on the stock market. They just hit the June lows in the stock market on the S and P 500.
Now three weeks ago, Goldman Sachs was hyping that investors should buy the dip, that we've hit the bottom, and we're gonna hit the stock market is gonna hit all time highs by the end of this year. By the 2022, the stock market was gonna be back up to all time highs. That was three weeks ago. It's dropped 500 points or so since then. There's no way that Goldman Sachs was telling their billionaire investors to buy the dip.
No way. Anyone with any knowledge or any experience or any insight into the stock market knew perfectly well that we had a long way to go before we hit the bottom. But what they did was to encourage small retail investors, families, working people, mom and pop retail investors, they encourage them with the idea that if you buy the dip now, you could be rich by the December. So little mom and pop investors scraped together their money thinking now is our chance to invest in the stock market, and it's just gonna go up for the rest of the year. Imagine, just moments ago, thousands and thousands of people probably just lost everything because they trusted in this hype about what the stock market was gonna do.
It almost seems like a calculated plan to shake off anyone who's not already a billionaire, to shake them out of the stock market, to shake them out of investing, and to bankrupt them. You could also look at another example. Because of the soaring cost of energy, the cost of shipping energy have also increased dramatically, which has driven smaller independent shipping companies out of the market. Until now, Shell, Qatar Energy, Total Energies, and BP comprise 50% of all LNG shipping in the world for companies. When you inflate prices, you inflate costs.
When you inflate costs, you drive out smaller businesses, smaller companies, smaller entrepreneurs. What they're doing with the economy is shaking out everyone from the economy who isn't already too big to fail. In other words, if you're not already too big to fail, we will make you fail.
تمّ بحمد الله