I don’t know if I’m going crazy but looking at the current situation in the world … please tell me that I’m overexagurating

    • Scrubbles@poptalk.scrubbles.tech
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      4 days ago

      The number one thing I’ve learned through the last several decades is that if it’s bad for the economy, no one will do it. Greed is the number one driver of everything right now. Maybe that will change, but I doubt it. Look at all the positive progress we try to make, it’s stopped the second anyone rich would lose any money.

    • teawrecks@sopuli.xyz
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      3 days ago

      To the wealthy, volatility is opportunity. Yeah, the market will go down for a while, and later it’ll go back up. Billionaires will cash in both ways.

      • Azzu@lemm.ee
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        3 days ago

        It’s bad for certain parts of the economy and it is dangerous for current rulers.

        • ReanuKeeves@lemm.ee
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          3 days ago

          Economy is cyclical, always either heading into a recession or coming out of a recession. A capitalist society requires constant money flow for expansion which is why interest rates are lowered during recessive times to stimulate expenditure and raised during peak to control expansion. World wars put spending into overdrive.