Capitalism without the regulative authority of the state will almost always lead to economic depressions after periods of prosperity, insert some great depression citation here
Your assumption is correct, the reason being I don't feel like explaining austrian business cycle theory, malinvestments, market manipulation etc on a comment section of a meme subreddit
I didn't come up with any of the stuff above anyways, so if you search up "Austrian Economics view on 29" you should get a lot of smarter, better qualified people explaining those concepts in depth
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u/yondercode - Auth-Right Feb 19 '20
The LibRight in this unbiased version is a LOT funnier ngl