3 ms·

We just spent a decade worth of cash in three months, so there will definitely still be a decade of disruption.

• ecf 6y ago
  Yeah having been born in the early 90s, it’s not a great feeling to have been through 4 recessions in my lifetime already. The amount of money that has been spent in the last few months all but cements the idea in my mind that Social Security won’t be a thing by the time I’m retired.
  • rogerkirkness 6y ago
    Recessions are not necessarily bad, but spending generational wealth in months is definitely bad. This is why free markets are important, the government is putting trying to stem bleeding it created with bandaids to problems that cannot be solved by intervention. Like in medicine at the hospital, the intervention cascade. Once you mess with a homeoestatic system, it cannot exist without life support.
    • Fjolsvith 6y ago
      And yet, life will go on.