Question

DISCUSSION QUESTIONS: So, you have familiarized yourself with the Subprime Explanation, watched the Jon Stewart presentation, big short filmand learned a bit of economic practical knowledge learned from Nick Hanauer, a video. Well done! Let's discuss it.

1. What do you think? Was the creation of the subprime issue good for the stock market or bad (trick question?)?
2. Is the stock market "the economy", or is the economy something else? I ask this because, before the COVID 19, the stock market has been going up, up, up for several years now. And it is rising currently.
3. How is YOUR portfolio doing (or perhaps you don't have one yet)?
4. How do you think the "average" American is doing, financially, standard of living, quality of life? (I refer you to the Nick Hanauer video if you are stumped for an answer.
5. How are YOU doing, in general? How is your salary, your wages? Your outlook for the future?
6. If the economy is more than the stock market, how is the stock market related (what does the stock market represent)?  
7. Is there anything in these stories/presentations/videos that you think is good news? Bad news?  
8. So, what are your thoughts if you have money to money to invest?
9. What are your thoughts as a worker?
10. What does this mean for our country as a whole, going forward?
11. What does this mean for you personally and how do you see the future for the world economies?
12. Comment on anything you find important on this topic.

Answer 1

Well, the economic framework consists of stock market and it also plays a vital role in it. However, no one can it is the economy. It would be totally wrong to state that. The subprime crisis was not at all good for the stock market, many people lost their savings and home. Though It act as an eye opener to the banking system, and resulted in implementing novel policies to avoid such major impacts.

Yes, the economy is rising at a very high last from the last decade and due to covid-19 it could have a backlash. Economists are predicting the crisis due to the spread of covid-19 may have a major impact on the world ecocomy, much bigger than the subprime crisis.

No, I dont have a portfolio yet.

An average american family is affected by the lockdown and has deeper impact than ever. some of them are finding it difficult to keepup with their jobs and many has lost them. These comes with the lost of lives due to the virus.

My outlook for the future is definitely going to opt for a more secured one. Firstly, I will try to get as much as education as I can afford. This investment will lead my life further.

Economy is much more and broader concept than the stock maket.  the stock market is only a part of the finanial markets which itself is a part of the economy.