3 ms·
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 spe
by 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 agoRecessions 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 agoAnd yet, life will go on.