3 ms·
People out there aren't planning to avoid struggling to live during the crash, while people here are planning to avoid struggling to buy a second home after the
by gmd63 4y ago
People out there aren't planning to avoid struggling to live during the crash, while people here are planning to avoid struggling to buy a second home after the recession.
Who should be rewarded? It's complicated. I tend to agree with what you suggest though. Some limit needs to be in place to avoid unnecessary cruelty to humans, as humans in cruel situations produce volatile outcomes. The finance industry is opaque by design, and the average person shouldn't be punished by being deliberately led into the dark.
- tomxor 4y agoI know, it's hard to answer because the more you dig the more you start to ask uncomfortable questions about the fundamental nature of our economy and the emergence of varying degrees of wealth inequality... at which point saying when you should or shouldn't be greedy seems arbitrary. People can debate and justify varying degrees of inequality all day long... but I think it's reasonable to draw a hard line at "surviving". If there is an economic event that cuts of a huge chunk of the population from being able to meet basic needs, even though regardless of money the resources are there, then clearly an adjustment is needed.