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That's called Capitalism. The Economic system we've built our entire society upon breaks every 7-10 years - that's totally normal, but sometimes it breaks more

That's called Capitalism. The Economic system we've built our entire society upon breaks every 7-10 years - that's totally normal, but sometimes it breaks more than expected - as you stated, also not very rare. Plus it requires 3% gains each year forever - which is obviously impossible. I'm just over the whole thing really.

ac29 4y ago
> Plus it requires 3% gains each year forever - which is obviously impossible. You can buy 30 year Treasury bonds that pay well over 3% (the market rate was 3.88% yesterday). 30 years isnt forever, but its a substantial portion of a human lifetime. For those worried about inflation, 30 year TIPS are paying 1.54% real (inflation + 1.54%).