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On December 21st, 2022, major stock markets saw significant gains, with the Dow Jones up over 500 points and NASDAQ up by over 100 points. Despite this, there is prevailing concern over the ongoing economic collapse. A commenter highlighted that we are past the bailout phase and now in the crash and burn phase, with budget deficits surpassing treasury revenues. The disconnect between the stock market and the economy is alarming, with no clear explanation for the market's ascent.
