• pensa@kbin.social
      link
      fedilink
      arrow-up
      26
      ·
      1 year ago

      Yet, somehow the rich get richer, even in “once in a lifetime” economics crashes.

    • MagicShel@programming.dev
      link
      fedilink
      arrow-up
      23
      ·
      1 year ago

      If you look, historically there was a big crash every ten years or so prior to the great depression. Then a whole bunch of financial reforms and regulations were put into place and we had about forty years of relative stability. And then in the 80’s and 90’s most of them were thrown out. And fuck me if we aren’t back to a regular cadence of crashes.

      Something something history doomed something…