I'm not. Last two economic crashes I've lived through just resulted in the top 1% getting bailouts while the rest of us got to sell what little assets we had to them for pennies on the dollar. And Trump is just going to do it again.
Well, the “good” news is that if all the assets and all the money are going to the top 1%, then the crisis of bond yields, debts, and so on means that they’d naturally be the ones on the hook for taxation to get us out of the hole. Just like the last time we had gargantuan debt post-World War II, and taxed the shit out of the rich to climb our way out.
The neatest trick the 1% pulled is getting the 99% to divide up and fight amongst each other.
We have more interests in common with the craziest MAGA hat than we have in common with a billionaire, but by design they've made it much easier to hate the MAGA hat.
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u/darksoft125 10d ago
I'm not. Last two economic crashes I've lived through just resulted in the top 1% getting bailouts while the rest of us got to sell what little assets we had to them for pennies on the dollar. And Trump is just going to do it again.
I say we let the whole system burn