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You're not wrong but… it's pretty disheartening. Do you see a way out? For businesses that want to minimize their reliance on the (trickle-down scraps of) the

• cryptica 5y ago
  I think the economy has become overly financialized - It has become too difficult to earn income through value creation and too easy to earn income through financial schemes - People are realizing this and giving up on value creation en mass. Fraud has become institutionalized (and therefore legalized). IMO, the financial system has already suffered irreparable damage to its reputation. I think there might be calls for asset seizures and redistribution soon. In the US, the BLM movement has already been campaigning for 'financial reparations'. South Africa just passed a law to allow land to be seized by the government without compensation. I think this might become more widespread - Hopefully it will only be restricted to specific assets; I think big corporate stocks are a likely target for expropriation because they have benefited the most from money printing; it will be easy for people to find evidence of wrongdoing and use it as a basis to seize and redistribute shares (or simply nationalize the companies altogether). My gut feeling is that we're headed to some kind of partial-communist government - First, they will only seize the assets related to big finance, big tech, big pharma since this will have public support. Maybe later once the public has warmed up to the new form of government, the government will be able to make a move on all private property.